Alx Resources Corp Stock Price on May 5, 2023
| ALXEF Stock | USD 0.02 0 9.21% |
If you're considering investing in ALX Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of ALX Resources stands at 0.02, as last reported on the 14th of December 2024, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. ALX Resources appears to be out of control, given 3 months investment horizon. ALX Resources Corp secures Sharpe Ratio (or Efficiency) of 0.0686, which signifies that the company had a 0.0686% return per unit of volatility over the last 3 months. By analyzing ALX Resources' technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please makes use of ALX Resources' mean deviation of 7.22, and Risk Adjusted Performance of 0.0587 to double-check if our risk estimates are consistent with your expectations.
ALX Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
ALX |
Sharpe Ratio = 0.0686
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Estimated Market Risk
| 10.82 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.74 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average ALX Resources is performing at about 5% 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 ALX Resources by adding it to a well-diversified portfolio.
ALX Resources Valuation on May 5, 2023
It is possible to determine the worth of ALX Resources on a given historical date. On May 5, 2023 ALX was worth 0.0265 at the beginning of the trading date compared to the closed value of 0.0265. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ALX Resources pink sheet. Still, in general, we apply an absolute valuation method to find ALX 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 ALX Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ALX Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.03 | 0.03 | 0.03 | 0.03 | 235.00 | |
05/05/2023 | 0.03 | 0.03 | 0.03 | 0.03 | 39,500 |
| 0.03 | 0.03 | 0.02 | 0.02 | 141,309 |
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ALX Resources Trading Date Momentum on May 5, 2023
| On May 08 2023 ALX Resources Corp was traded for 0.02 at the closing time. The highest daily price throughout the period was 0.03 and the lowest price was 0.02 . The daily volume was 141.3 K. The net trading volume on 05/08/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 19.62% . The overall trading delta to current closing price is 5.66% . |
ALX Resources Corp Fundamentals Correlations and Trends
By evaluating ALX 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 ALX Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ALX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ALX Resources Pink Sheet history
ALX 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 ALX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ALX Resources Corp 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 ALX Resources stock prices may prove useful in developing a viable investing in ALX Resources
ALX Resources Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. ALX Resources Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada. Alx Uranium operates under Uranium classification in the United States and is traded on OTC Exchange.
ALX Resources Pink Sheet Technical Analysis
ALX Resources technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
ALX Resources Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
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ALX Resources December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how ALX Resources pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ALX Resources shares will generate the highest return on investment. By undertsting and applying ALX Resources pink sheet market strength indicators, traders can identify ALX Resources Corp entry and exit signals to maximize returns
ALX Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ALX Resources' price direction in advance. Along with the technical and fundamental analysis of ALX Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of ALX 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 | 0.0587 | |||
| Jensen Alpha | 1.0 | |||
| Total Risk Alpha | (0.61) | |||
| Sortino Ratio | 0.0613 | |||
| Treynor Ratio | (0.23) |
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for ALX Pink Sheet analysis
When running ALX Resources' price analysis, check to measure ALX 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 ALX Resources is operating at the current time. Most of ALX Resources' value examination focuses on studying past and present price action to predict the probability of ALX Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ALX Resources' price. Additionally, you may evaluate how the addition of ALX Resources to your portfolios can decrease your overall portfolio volatility.
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