Tungsten Mining (Australia) Price on November 28, 2024
| TGN Stock | 0.08 0 1.25% |
Below is the normalized historical share price chart for Tungsten Mining NL extending back to December 17, 2012. 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 Tungsten Mining stands at 0.08, as last reported on the 1st of December, with the highest price reaching 0.08 and the lowest price hitting 0.08 during the day.
If you're considering investing in Tungsten Stock, it is important to understand the factors that can impact its price. Tungsten Mining appears to be out of control, given 3 months investment horizon. Tungsten Mining NL 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. By inspecting Tungsten Mining's technical indicators, you can evaluate if the expected return of 0.98% is justified by implied risk. Please review Tungsten Mining's Coefficient Of Variation of 671.93, risk adjusted performance of 0.1226, and Semi Deviation of 3.36 to confirm if our risk estimates are consistent with your expectations.
At this time, Tungsten Mining's Common Stock Total Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 30 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 564.1 M in 2024. . Tungsten Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0651 | 50 Day MA 0.0591 | Beta 0.207 |
Tungsten |
Sharpe Ratio = 0.1488
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.6 actual daily | 58 58% of assets are less volatile |
Expected Return
| 0.98 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Tungsten Mining 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 Tungsten Mining by adding it to a well-diversified portfolio.
Price Book 2.2694 | Book Value 0.035 | Enterprise Value 54.5 M | Enterprise Value Ebitda (11.08) | Price Sales 14.9 K |
Tungsten Mining Valuation on November 28, 2024
It is possible to determine the worth of Tungsten Mining on a given historical date. On November 28, 2024 Tungsten was worth 0.074 at the beginning of the trading date compared to the closed value of 0.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tungsten Mining stock. Still, in general, we apply an absolute valuation method to find Tungsten 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 Tungsten Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tungsten Mining's related companies.
| Open | High | Low | Close | Volume | |
| 0.07 | 0.07 | 0.07 | 0.07 | 8,700 | |
11/28/2024 | 0.07 | 0.08 | 0.07 | 0.08 | 187,677 |
| 0.08 | 0.08 | 0.08 | 0.08 | 50,100 |
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Tungsten Mining Trading Date Momentum on November 28, 2024
| On November 29 2024 Tungsten Mining NL was traded for 0.08 at the closing time. The maximum traded price for the trading interval was 0.08 and the lowest daily price was 0.08 . The daily volume was recorded at 50.1 K. The volume of trading on 29th of November 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 1.25% . The trading price change to the closing price today is 1.25% . |
Tungsten Mining NL Fundamentals Correlations and Trends
By evaluating Tungsten 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 Tungsten Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tungsten financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tungsten Mining Stock history
Tungsten 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 Tungsten is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tungsten Mining NL 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 Tungsten Mining stock prices may prove useful in developing a viable investing in Tungsten Mining
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 904.4 M | 564.1 M | |
| Net Loss | -2.6 M | -2.8 M |
Tungsten Mining Quarterly Net Working Capital |
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Tungsten Mining Stock Technical Analysis
Tungsten 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
Tungsten Mining Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Tungsten Mining NL 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.
Tungsten Mining December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Tungsten 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 Tungsten Mining shares will generate the highest return on investment. By undertsting and applying Tungsten Mining stock market strength indicators, traders can identify Tungsten Mining NL entry and exit signals to maximize returns
Tungsten Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tungsten Mining's price direction in advance. Along with the technical and fundamental analysis of Tungsten Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tungsten 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 | 0.1226 | |||
| Jensen Alpha | 0.927 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.1342 | |||
| Treynor Ratio | 2.78 |
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Additional Tools for Tungsten Stock Analysis
When running Tungsten Mining's price analysis, check to measure Tungsten 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 Tungsten Mining is operating at the current time. Most of Tungsten Mining's value examination focuses on studying past and present price action to predict the probability of Tungsten 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 Tungsten Mining's price. Additionally, you may evaluate how the addition of Tungsten Mining to your portfolios can decrease your overall portfolio volatility.