DevEx Resources (Germany) Price on December 12, 2024
| BUU Stock | EUR 0.06 0 7.56% |
If you're considering investing in DevEx Stock, it is important to understand the factors that can impact its price. As of today, the current price of DevEx Resources stands at 0.06, as last reported on the 15th of December 2024, with the highest price reaching 0.06 and the lowest price hitting 0.06 during the day. DevEx Resources appears to be out of control, given 3 months investment horizon. DevEx Resources secures Sharpe Ratio (or Efficiency) of 0.0224, which denotes the company had a 0.0224% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for DevEx Resources Limited, which you can use to evaluate the volatility of the firm. Please utilize DevEx Resources' Mean Deviation of 8.67, downside deviation of 11.08, and Coefficient Of Variation of 2458.48 to check if our risk estimates are consistent with your expectations.
DevEx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
DevEx |
Sharpe Ratio = 0.0224
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Estimated Market Risk
| 12.66 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average DevEx Resources is performing at about 1% 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 DevEx Resources by adding it to a well-diversified portfolio.
DevEx Resources Valuation on December 12, 2024
It is possible to determine the worth of DevEx Resources on a given historical date. On December 12, 2024 DevEx was worth 0.055 at the beginning of the trading date compared to the closed value of 0.055. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DevEx Resources stock. Still, in general, we apply an absolute valuation method to find DevEx 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 DevEx Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DevEx Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.06 | 0.06 | 0.06 | 0.06 | 7,000 | |
12/12/2024 | 0.06 | 0.06 | 0.06 | 0.06 | 5,857 |
| 0.06 | 0.06 | 0.06 | 0.06 | 5,857 |
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DevEx Resources Trading Date Momentum on December 12, 2024
| On December 13 2024 DevEx Resources Limited was traded for 0.06 at the closing time. The highest daily price throughout the period was 0.06 and the lowest price was 0.06 . The daily volume was 5.9 K. The net trading volume on 12/13/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
DevEx Resources Fundamentals Correlations and Trends
By evaluating DevEx 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 DevEx Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DevEx financial account trend analysis is a perfect complement when working with valuation or volatility modules.About DevEx Resources Stock history
DevEx 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 DevEx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DevEx Resources 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 DevEx Resources stock prices may prove useful in developing a viable investing in DevEx Resources
Uranium Equities Limited engages in the exploration and evaluation of mineral properties in Australia. Uranium Equities Limited is headquartered in West Perth, Australia. DevEx Resources is traded on Frankfurt Stock Exchange in Germany.
DevEx Resources Stock Technical Analysis
DevEx Resources 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
DevEx Resources Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
DevEx Resources Limited cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
DevEx Resources December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how DevEx Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DevEx Resources shares will generate the highest return on investment. By undertsting and applying DevEx Resources stock market strength indicators, traders can identify DevEx Resources Limited entry and exit signals to maximize returns
DevEx Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DevEx Resources' price direction in advance. Along with the technical and fundamental analysis of DevEx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of DevEx 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 | 0.0389 | |||
| Jensen Alpha | 0.6026 | |||
| Total Risk Alpha | (1.08) | |||
| Sortino Ratio | 0.0379 | |||
| Treynor Ratio | (0.50) |
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Complementary Tools for DevEx Stock analysis
When running DevEx Resources' price analysis, check to measure DevEx 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 DevEx Resources is operating at the current time. Most of DevEx Resources' value examination focuses on studying past and present price action to predict the probability of DevEx Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DevEx Resources' price. Additionally, you may evaluate how the addition of DevEx Resources to your portfolios can decrease your overall portfolio volatility.
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