AIC Mines (Australia) Price on April 16, 2024

A1M Stock   0.33  0.01  3.13%   
Below is the normalized historical share price chart for AIC Mines Limited extending back to February 10, 1994. 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 AIC Mines stands at 0.33, as last reported on the 22nd of December, with the highest price reaching 0.33 and the lowest price hitting 0.31 during the day.
200 Day MA
0.3829
50 Day MA
0.3382
Beta
(0.12)
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in AIC Stock, it is important to understand the factors that can impact its price. Currently, AIC Mines Limited is out of control. AIC Mines Limited retains Efficiency (Sharpe Ratio) of 0.0305, which signifies that the company had a 0.0305% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for AIC Mines, which you can use to evaluate the volatility of the firm. Please confirm AIC Mines' market risk adjusted performance of (1.44), and Coefficient Of Variation of 5501.24 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%.
  
At this time, AIC Mines' Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 599.4 M in 2024, whereas Common Stock is likely to drop slightly above 157.7 M in 2024. . AIC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0305

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Estimated Market Risk

 3.75
  actual daily
33
67% of assets are more volatile

Expected Return

 0.11
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average AIC Mines 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 AIC Mines by adding it to a well-diversified portfolio.
Price Book
0.8539
Enterprise Value Ebitda
2.0061
Price Sales
1.0365
Shares Float
377.7 M
Wall Street Target Price
0.716

AIC Mines Valuation on April 16, 2024

It is possible to determine the worth of AIC Mines on a given historical date. On April 16, 2024 AIC was worth 0.41 at the beginning of the trading date compared to the closed value of 0.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AIC Mines stock. Still, in general, we apply an absolute valuation method to find AIC Mines' 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 AIC Mines where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AIC Mines' related companies.
 Open High Low Close Volume
  0.40    0.41    0.40    0.40    1,344,625  
04/16/2024
  0.41    0.42    0.41    0.41    1,490,745  
  0.41    0.42    0.40    0.42    665,945  
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Open Value
0.41
0.41
Closing Value
11.67
Upside

AIC Mines Trading Date Momentum on April 16, 2024

On April 17 2024 AIC Mines Limited was traded for  0.42  at the closing time. The maximum traded price for the trading interval was 0.42  and the lowest daily price was  0.40 . The daily volume was recorded at 665.9 K. The volume of trading on 17th of April 2024 played a part in the next trading day price appreciation. The overall trading delta to the next closing price was 2.44% . The overall trading delta to the closing price today is 12.20% .

AIC Mines Limited Fundamentals Correlations and Trends

By evaluating AIC Mines' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among AIC Mines' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AIC financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About AIC Mines Stock history

AIC Mines 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 AIC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AIC Mines Limited 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 AIC Mines stock prices may prove useful in developing a viable investing in AIC Mines
Last ReportedProjected for Next Year
Common Stock Shares Outstanding570.9 M599.4 M
Net Loss-6.7 M-6.4 M

AIC Mines Quarterly Net Working Capital

75.73 Million

AIC Mines Stock Technical Analysis

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

AIC Mines Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

AIC Mines Limited 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.

AIC Mines December 22, 2024 Market Strength

Market strength indicators help investors to evaluate how AIC Mines stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AIC Mines shares will generate the highest return on investment. By undertsting and applying AIC Mines stock market strength indicators, traders can identify AIC Mines Limited entry and exit signals to maximize returns

AIC Mines Technical and Predictive Indicators

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

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