Sandfire Resources (Germany) Price on November 5, 2024
| S2Z Stock | EUR 6.45 0.35 5.74% |
If you're considering investing in Sandfire Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sandfire Resources stands at 6.45, as last reported on the 12th of December 2024, with the highest price reaching 6.45 and the lowest price hitting 6.45 during the day. Sandfire Resources appears to be somewhat reliable, given 3 months investment horizon. Sandfire Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Sandfire Resources Limited, which you can use to evaluate the volatility of the company. Please review Sandfire Resources' Semi Deviation of 1.41, coefficient of variation of 496.52, and Risk Adjusted Performance of 0.1521 to confirm if our risk estimates are consistent with your expectations.
Sandfire Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sandfire |
Sharpe Ratio = 0.1502
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Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Sandfire Resources is performing at about 11% 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 Sandfire Resources by adding it to a well-diversified portfolio.
Sandfire Resources Valuation on November 5, 2024
It is possible to determine the worth of Sandfire Resources on a given historical date. On November 5, 2024 Sandfire was worth 6.25 at the beginning of the trading date compared to the closed value of 6.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sandfire Resources stock. Still, in general, we apply an absolute valuation method to find Sandfire Resources' 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 Sandfire Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sandfire Resources' related companies.
| Open | High | Low | Close | Volume | |
| 6.15 | 6.15 | 6.15 | 6.15 | 1.00 | |
11/05/2024 | 6.25 | 6.25 | 6.25 | 6.25 | 1.00 |
| 6.25 | 6.25 | 6.25 | 6.25 | 1.00 |
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Sandfire Resources Trading Date Momentum on November 5, 2024
| On November 06 2024 Sandfire Resources Limited was traded for 6.25 at the closing time. The highest daily price throughout the period was 6.25 and the lowest price was 6.25 . There was no trading activity during the period 1.0. Lack of trading volume on 11/06/2024 did not result in any price rise and fall. The trading price change to current closing price is 1.60% . |
Sandfire Resources Fundamentals Correlations and Trends
By evaluating Sandfire Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sandfire Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sandfire financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sandfire Resources Stock history
Sandfire Resources 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 Sandfire is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sandfire Resources 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 Sandfire Resources stock prices may prove useful in developing a viable investing in Sandfire Resources
Sandfire Resources NL explores for, evaluates, and develops mineral tenements and projects in Australia and internationally. Sandfire Resources NL was incorporated in 2003 and is based in West Perth, Australia. SANDFIRE RESOURCES operates under Copper classification in Germany and is traded on Frankfurt Stock Exchange.
Sandfire Resources Stock Technical Analysis
Sandfire Resources 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
Sandfire Resources Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
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Sandfire Resources December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Sandfire Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sandfire Resources shares will generate the highest return on investment. By undertsting and applying Sandfire Resources stock market strength indicators, traders can identify Sandfire Resources Limited entry and exit signals to maximize returns
Sandfire Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sandfire Resources' price direction in advance. Along with the technical and fundamental analysis of Sandfire Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sandfire 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 | 0.1521 | |||
| Jensen Alpha | 0.3926 | |||
| Total Risk Alpha | 0.0824 | |||
| Sortino Ratio | 0.1559 | |||
| Treynor Ratio | 1.56 |
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| Volume Indicators |
Complementary Tools for Sandfire Stock analysis
When running Sandfire Resources' price analysis, check to measure Sandfire Resources' 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 Sandfire Resources is operating at the current time. Most of Sandfire Resources' value examination focuses on studying past and present price action to predict the probability of Sandfire Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sandfire Resources' price. Additionally, you may evaluate how the addition of Sandfire Resources to your portfolios can decrease your overall portfolio volatility.
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