Allkem Price on May 23, 2023

OROCFDelisted Stock  USD 9.98  0.25  2.44%   
If you're considering investing in Allkem Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Allkem stands at 9.98, as last reported on the 11th of December 2024, with the highest price reaching 10.46 and the lowest price hitting 9.62 during the day. We have found thirty technical indicators for Allkem, which you can use to evaluate the volatility of the firm. Please confirm Allkem's Mean Deviation of 2.21, downside deviation of 2.45, and Risk Adjusted Performance of 0.0909 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
  
Allkem Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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Based on monthly moving average Allkem is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Allkem by adding Allkem to a well-diversified portfolio.

Allkem Valuation on May 23, 2023

It is possible to determine the worth of Allkem on a given historical date. On May 23, 2023 Allkem was worth 9.88 at the beginning of the trading date compared to the closed value of 9.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Allkem pink sheet. Still, in general, we apply an absolute valuation method to find Allkem's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Allkem where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Allkem's related companies.
 Open High Low Close Volume
  10.00    10.15    9.85    9.95    13,700  
05/23/2023
  9.88    10.11    9.81    9.86    13,135  
  9.80    9.92    9.75    9.90    11,500  
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Open Value
9.88
9.86
Closing Value
9.88
Upside

Allkem Trading Date Momentum on May 23, 2023

On May 24 2023 Allkem was traded for  9.90  at the closing time. The highest daily price throughout the period was 9.92  and the lowest price was  9.75 . The daily volume was 11.5 K. The net trading volume on 05/24/2023 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 0.41% . The overall trading delta to current closing price is 1.52% .

Allkem Fundamentals Correlations and Trends

By evaluating Allkem's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Allkem's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Allkem financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Allkem Pink Sheet history

Allkem investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Allkem is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Allkem will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Allkem stock prices may prove useful in developing a viable investing in Allkem
Allkem Limited engages in the production and sale of lithium and boron in Argentina. The company was incorporated in 2005 and is headquartered in Brisbane, Australia. Orocobre operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.

Allkem Pink Sheet Technical Analysis

Allkem technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
A focus of Allkem technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Allkem trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Allkem Period Price Range

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Allkem cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Allkem December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Allkem pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Allkem shares will generate the highest return on investment. By undertsting and applying Allkem pink sheet market strength indicators, traders can identify Allkem entry and exit signals to maximize returns

Allkem Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Allkem's price direction in advance. Along with the technical and fundamental analysis of Allkem Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Allkem to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Other Consideration for investing in Allkem Pink Sheet

If you are still planning to invest in Allkem check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Allkem's history and understand the potential risks before investing.
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