Arax Holdings Corp Stock Price on May 29, 2024
| ARAT Stock | USD 0.53 0.01 1.85% |
If you're considering investing in Arax Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Arax Holdings stands at 0.53, as last reported on the 14th of December 2024, with the highest price reaching 0.53 and the lowest price hitting 0.53 during the day. Arax Holdings Corp secures Sharpe Ratio (or Efficiency) of -0.2, which signifies that the company had a -0.2% return per unit of standard deviation over the last 3 months. Arax Holdings Corp exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arax Holdings' risk adjusted performance of (0.01), and Mean Deviation of 2.58 to double-check the risk estimate we provide.
Arax Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Arax |
Sharpe Ratio = -0.1988
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Estimated Market Risk
| 5.31 actual daily | 47 53% of assets are more volatile |
Expected Return
| -1.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Arax Holdings 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 Arax Holdings by adding Arax Holdings to a well-diversified portfolio.
Arax Holdings Valuation on May 29, 2024
It is possible to determine the worth of Arax Holdings on a given historical date. On May 29, 2024 Arax was worth 0.89 at the beginning of the trading date compared to the closed value of 0.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Arax Holdings pink sheet. Still, in general, we apply an absolute valuation method to find Arax Holdings' 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 Arax Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Arax Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 1.00 | 1.00 | 0.90 | 0.90 | 4,500 | |
05/29/2024 | 0.89 | 0.95 | 0.80 | 0.95 | 2,000 |
| 1.00 | 1.00 | 1.00 | 1.00 | 100.00 |
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Arax Holdings Trading Date Momentum on May 29, 2024
| On May 30 2024 Arax Holdings Corp was traded for 1.00 at the closing time. The top price for the day was 1.00 and the lowest listed price was 1.00 . The trading volume for the day was 100.0. The trading history from May 30, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 5.26% . The overall trading delta against the current closing price is 18.95% . |
Arax Holdings Corp Fundamentals Correlations and Trends
By evaluating Arax Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Arax Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Arax financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Arax Holdings Pink Sheet history
Arax Holdings 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 Arax is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Arax Holdings 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 Arax Holdings stock prices may prove useful in developing a viable investing in Arax Holdings
It intends to explore for and identify business opportunities, including the acquisition of an operating entity through a reverse merger, asset purchase, or similar transaction in the United States. The company was incorporated in 2012 and is based in Sheridan, Wyoming. Arax Holdings is traded on OTC Exchange in the United States.
Arax Holdings Pink Sheet Technical Analysis
Arax Holdings 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
Arax Holdings Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Arax Holdings Corp cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Arax Holdings December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Arax Holdings 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 Arax Holdings shares will generate the highest return on investment. By undertsting and applying Arax Holdings pink sheet market strength indicators, traders can identify Arax Holdings Corp entry and exit signals to maximize returns
Arax Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Arax Holdings' price direction in advance. Along with the technical and fundamental analysis of Arax Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Arax 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 | (0.01) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (1.49) | |||
| Treynor Ratio | (0.66) |
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Additional Tools for Arax Pink Sheet Analysis
When running Arax Holdings' price analysis, check to measure Arax Holdings' 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 Arax Holdings is operating at the current time. Most of Arax Holdings' value examination focuses on studying past and present price action to predict the probability of Arax Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arax Holdings' price. Additionally, you may evaluate how the addition of Arax Holdings to your portfolios can decrease your overall portfolio volatility.