Sable Resources Stock Price on September 19, 2024

SAE Stock  CAD 0.04  0.01  16.67%   
Below is the normalized historical share price chart for Sable Resources extending back to January 08, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Sable Resources stands at 0.04, as last reported on the 13th of December 2024, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day.
200 Day MA
0.0468
50 Day MA
0.0401
Beta
1.065
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Sable Stock, it is important to understand the factors that can impact its price. At this stage we consider Sable Stock to be out of control. Sable Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.01, which indicates the firm had a 0.01% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sable Resources, which you can use to evaluate the volatility of the company. Please validate Sable Resources' Risk Adjusted Performance of 0.0183, semi deviation of 5.58, and Coefficient Of Variation of 7850.15 to confirm if the risk estimate we provide is consistent with the expected return of 0.0775%.
  
At this time, Sable Resources' Common Stock Shares Outstanding is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 14.8 M in 2024, whereas Common Stock is likely to drop slightly above 36.4 M in 2024. . At this time, Sable Resources' Price To Sales Ratio is fairly stable compared to the past year. Price Sales Ratio is likely to climb to 23.69 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (0.96). Sable Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.01

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Estimated Market Risk

 7.75
  actual daily
69
69% of assets are less volatile

Expected Return

 0.08
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Sable Resources 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 Sable Resources by adding Sable Resources to a well-diversified portfolio.
Price Book
3.1942
Book Value
(0)
Enterprise Value
-2.2 M
Enterprise Value Ebitda
(0.20)
Shares Float
280.5 M

Sable Resources Main Headline on 19th of September 2024

Sable Resources Expands Mineralized Zone in Perk Rocky TipRanks

Sable Resources Valuation on September 19, 2024

It is possible to determine the worth of Sable Resources on a given historical date. On September 19, 2024 Sable was worth 0.04 at the beginning of the trading date compared to the closed value of 0.045. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sable Resources stock. Still, in general, we apply an absolute valuation method to find Sable 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 Sable Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sable Resources' related companies.
 Open High Low Close Volume
  0.04    0.04    0.04    0.04    117,700  
09/19/2024
  0.04    0.04    0.04    0.04    63,000  
  0.04    0.04    0.04    0.04    102,500  
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Open Value
0.04
0.0005
Downside
0.045
Closing Value
23.30
Upside

Sable Resources Trading Date Momentum on September 19, 2024

On September 20 2024 Sable Resources was traded for  0.04  at the closing time. The highest daily price throughout the period was 0.04  and the lowest price was  0.04 . The daily volume was 102.5 K. The net trading volume on 09/20/2024 did not result in any price rise and fall. The trading price change to current closing price is 11.11% .

Sable Resources Fundamentals Correlations and Trends

By evaluating Sable 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 Sable Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sable financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Sable Resources Stock history

Sable 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 Sable is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sable 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 Sable Resources stock prices may prove useful in developing a viable investing in Sable Resources
Last ReportedProjected for Next Year
Common Stock Shares Outstanding286.5 M300.8 M
Net Loss-10.7 M-10.2 M

Sable Resources Stock Technical Analysis

Sable 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.
A focus of Sable Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sable Resources 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

Sable Resources Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Sable Resources cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.

Sable Resources December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how Sable 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 Sable Resources shares will generate the highest return on investment. By undertsting and applying Sable Resources stock market strength indicators, traders can identify Sable Resources entry and exit signals to maximize returns

Sable Resources Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Sable Resources' price direction in advance. Along with the technical and fundamental analysis of Sable Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sable 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.

Additional Tools for Sable Stock Analysis

When running Sable Resources' price analysis, check to measure Sable 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 Sable Resources is operating at the current time. Most of Sable Resources' value examination focuses on studying past and present price action to predict the probability of Sable Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sable Resources' price. Additionally, you may evaluate how the addition of Sable Resources to your portfolios can decrease your overall portfolio volatility.