Southern Cross (Australia) Price on October 4, 2024
| SXG Stock | 2.96 0.06 1.99% |
If you're considering investing in Southern Stock, it is important to understand the factors that can impact its price. As of today, the current price of Southern Cross stands at 2.96, as last reported on the 30th of November, with the highest price reaching 3.05 and the lowest price hitting 2.96 during the day. Currently, Southern Cross Gold is very risky. Southern Cross Gold owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0372, which indicates the firm had a 0.0372% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Southern Cross Gold, which you can use to evaluate the volatility of the company. Please validate Southern Cross' Risk Adjusted Performance of 0.0239, semi deviation of 3.74, and Coefficient Of Variation of 4934.25 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%.
Common Stock Shares Outstanding is likely to gain to about 189.3 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 32.9 M in 2024. . Southern Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Southern |
Sharpe Ratio = 0.0372
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Estimated Market Risk
| 4.67 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Southern Cross is performing at about 2% 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 Southern Cross by adding it to a well-diversified portfolio.
Price Book 15.1518 | Book Value 0.199 | Enterprise Value 574.3 M | Enterprise Value Ebitda (13.49) | Price Sales 1000 K |
Southern Cross Valuation on October 4, 2024
It is possible to determine the worth of Southern Cross on a given historical date. On October 4, 2024 Southern was worth 3.2 at the beginning of the trading date compared to the closed value of 3.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Southern Cross stock. Still, in general, we apply an absolute valuation method to find Southern Cross' 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 Southern Cross where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Southern Cross' related companies.
| Open | High | Low | Close | Volume | |
| 3.30 | 3.30 | 3.13 | 3.20 | 275,593 | |
10/04/2024 | 3.20 | 3.20 | 3.02 | 3.09 | 156,679 |
| 3.20 | 3.25 | 3.12 | 3.15 | 140,703 |
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Southern Cross Trading Date Momentum on October 4, 2024
| On October 07 2024 Southern Cross Gold was traded for 3.15 at the closing time. The maximum traded price for the trading interval was 3.25 and the lowest daily price was 3.12 . The daily volume was recorded at 140.7 K. The volume of trading on 7th of October 2024 played a part in the next trading day price appreciation. The trading price change to the next closing price was 1.94% . The trading price change to the closing price today is 1.62% . |
Southern Cross Gold Fundamentals Correlations and Trends
By evaluating Southern Cross' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Southern Cross' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Southern financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Southern Cross Stock history
Southern Cross 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 Southern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Southern Cross Gold 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 Southern Cross stock prices may prove useful in developing a viable investing in Southern Cross
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 185.3 M | 189.3 M | |
| Net Loss | -3.6 M | -3.7 M |
Southern Cross Stock Technical Analysis
Southern Cross 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
Southern Cross Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Southern Cross Gold cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Southern Cross November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Southern Cross stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Southern Cross shares will generate the highest return on investment. By undertsting and applying Southern Cross stock market strength indicators, traders can identify Southern Cross Gold entry and exit signals to maximize returns
Southern Cross Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Southern Cross' price direction in advance. Along with the technical and fundamental analysis of Southern Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Southern 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 | 0.0239 | |||
| Jensen Alpha | 0.0183 | |||
| Total Risk Alpha | (0.70) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1626 |
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Additional Tools for Southern Stock Analysis
When running Southern Cross' price analysis, check to measure Southern Cross' 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 Southern Cross is operating at the current time. Most of Southern Cross' value examination focuses on studying past and present price action to predict the probability of Southern Cross' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern Cross' price. Additionally, you may evaluate how the addition of Southern Cross to your portfolios can decrease your overall portfolio volatility.