Alkali Metals (India) Price on September 11, 2023

ALKALI Stock   115.82  1.23  1.05%   
Below is the normalized historical share price chart for Alkali Metals Limited extending back to November 06, 2008. 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 Alkali Metals stands at 115.82, as last reported on the 25th of December, with the highest price reaching 119.50 and the lowest price hitting 115.11 during the day.
200 Day MA
119.8436
50 Day MA
116.8512
Beta
0.829
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Alkali Stock, it is important to understand the factors that can impact its price. Alkali Metals Limited secures Sharpe Ratio (or Efficiency) of -0.022, which signifies that the company had a -0.022% return per unit of risk over the last 3 months. Alkali Metals Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alkali Metals' Standard Deviation of 2.09, mean deviation of 1.57, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide.
  
The current year's Other Stockholder Equity is expected to grow to about 193.2 M, whereas Total Stockholder Equity is forecasted to decline to about 419.9 M. . Alkali Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.022

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Estimated Market Risk

 2.15
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Alkali Metals 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 Alkali Metals by adding Alkali Metals to a well-diversified portfolio.
Price Book
2.6489
Book Value
50.425
Enterprise Value
1.4 B
Enterprise Value Ebitda
45.7809
Price Sales
1.4655

Alkali Metals Main Headline on 11th of September 2023

US volcano could harbor largest lithium reserve in the world ZME Science

Alkali Metals Valuation on September 11, 2023

It is possible to determine the worth of Alkali Metals on a given historical date. On September 11, 2023 Alkali was worth 114.59 at the beginning of the trading date compared to the closed value of 116.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alkali Metals stock. Still, in general, we apply an absolute valuation method to find Alkali Metals' 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 Alkali Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alkali Metals' related companies.
 Open High Low Close Volume
  118.06    119.30    116.02    116.42    24,010  
09/11/2023
  114.59    118.01    114.59    116.02    21,553  
  118.06    118.06    110.27    110.77    25,687  
Backtest Alkali Metals  |  Alkali Metals History  |  Alkali Metals Valuation   PreviousNext  
Open Value
114.59
108.14
Downside
116.02
Closing Value
121.04
Upside

Alkali Metals Trading Date Momentum on September 11, 2023

On September 12 2023 Alkali Metals Limited was traded for  110.77  at the closing time. The highest price during the trading period was 118.06  and the lowest recorded bid was listed for  110.27 . The volume for the day was 25.7 K. This history from September 12, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 4.53% . The overall trading delta to the current price is 3.24% .

Alkali Metals Limited Fundamentals Correlations and Trends

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

About Alkali Metals Stock history

Alkali Metals 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 Alkali is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alkali Metals 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 Alkali Metals stock prices may prove useful in developing a viable investing in Alkali Metals
Last ReportedProjected for Next Year
Common Stock Shares Outstanding11.7 M11 M
Net Income Applicable To Common Shares33.5 M35.2 M

Alkali Metals Quarterly Net Working Capital

71.72 Million

Alkali Metals Stock Technical Analysis

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

Alkali Metals Period Price Range

Low
December 25, 2024
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High

 0.00 

     

 0.00 

Alkali Metals Limited cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.

Alkali Metals December 25, 2024 Market Strength

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

Alkali Metals Technical and Predictive Indicators

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

Complementary Tools for Alkali Stock analysis

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