Perseus Mining (Germany) Price on November 8, 2024
| P4Q Stock | EUR 1.61 0.02 1.26% |
If you're considering investing in Perseus Stock, it is important to understand the factors that can impact its price. As of today, the current price of Perseus Mining stands at 1.61, as last reported on the 29th of November, with the highest price reaching 1.61 and the lowest price hitting 1.61 during the day. At this point, Perseus Mining is very risky. Perseus Mining maintains Sharpe Ratio (i.e., Efficiency) of 0.0696, which implies the firm had a 0.0696% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Perseus Mining, which you can use to evaluate the volatility of the company. Please check Perseus Mining's Risk Adjusted Performance of 0.0306, semi deviation of 2.42, and Coefficient Of Variation of 3280.29 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
Perseus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Perseus |
Sharpe Ratio = 0.0696
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Estimated Market Risk
| 2.66 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Perseus Mining is performing at about 5% of its full potential. 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 Perseus Mining by adding it to a well-diversified portfolio.
Perseus Mining Valuation on November 8, 2024
It is possible to determine the worth of Perseus Mining on a given historical date. On November 8, 2024 Perseus was worth 1.58 at the beginning of the trading date compared to the closed value of 1.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Perseus Mining stock. Still, in general, we apply an absolute valuation method to find Perseus Mining'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 Perseus Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Perseus Mining's related companies.
| Open | High | Low | Close | Volume | |
| 1.56 | 1.60 | 1.56 | 1.60 | 3,000 | |
11/08/2024 | 1.58 | 1.58 | 1.58 | 1.58 | 100.00 |
| 1.57 | 1.58 | 1.46 | 1.55 | 23,100 |
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Perseus Mining Trading Date Momentum on November 8, 2024
| On November 11 2024 Perseus Mining Limited was traded for 1.55 at the closing time. The highest daily price throughout the period was 1.58 and the lowest price was 1.46 . The daily volume was 23.1 K. The net trading volume on 11/11/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.90% . The trading delta at closing time to current closing price is 2.53% . |
Perseus Mining Fundamentals Correlations and Trends
By evaluating Perseus Mining'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 Perseus Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Perseus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Perseus Mining Stock history
Perseus Mining 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 Perseus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Perseus Mining 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 Perseus Mining stock prices may prove useful in developing a viable investing in Perseus Mining
Perseus Mining Limited explores, evaluates, develops, and mines for gold properties in West Africa. The company was incorporated in 2003 and is based in Subiaco, Australia. PERSEUS MINING operates under Gold classification in Germany and is traded on Frankfurt Stock Exchange.
Perseus Mining Stock Technical Analysis
Perseus Mining technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Perseus Mining Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Perseus Mining Limited cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Perseus Mining November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Perseus Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Perseus Mining shares will generate the highest return on investment. By undertsting and applying Perseus Mining stock market strength indicators, traders can identify Perseus Mining Limited entry and exit signals to maximize returns
Perseus Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Perseus Mining's price direction in advance. Along with the technical and fundamental analysis of Perseus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Perseus 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.
| Risk Adjusted Performance | 0.0306 | |||
| Jensen Alpha | 0.0568 | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.4764 |
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Complementary Tools for Perseus Stock analysis
When running Perseus Mining's price analysis, check to measure Perseus Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Perseus Mining is operating at the current time. Most of Perseus Mining's value examination focuses on studying past and present price action to predict the probability of Perseus Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Perseus Mining's price. Additionally, you may evaluate how the addition of Perseus Mining to your portfolios can decrease your overall portfolio volatility.
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