Lundin Mining (Germany) Price on November 27, 2023
GXD Stock | EUR 8.38 0.13 1.58% |
If you're considering investing in Lundin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Lundin Mining stands at 8.38, as last reported on the 27th of December, with the highest price reaching 8.38 and the lowest price hitting 8.25 during the day. Lundin Mining has Sharpe Ratio of -0.0615, which conveys that the firm had a -0.0615% return per unit of risk over the last 3 months. Lundin Mining exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lundin Mining's Mean Deviation of 1.97, standard deviation of 2.49, and Risk Adjusted Performance of 0.0052 to check out the risk estimate we provide.
Lundin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Lundin |
Sharpe Ratio = -0.0615
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Estimated Market Risk
2.44 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Lundin Mining 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 Lundin Mining by adding Lundin Mining to a well-diversified portfolio.
Lundin Mining Valuation on November 27, 2023
It is possible to determine the worth of Lundin Mining on a given historical date. On November 27, 2023 Lundin was worth 5.92 at the beginning of the trading date compared to the closed value of 5.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lundin Mining stock. Still, in general, we apply an absolute valuation method to find Lundin Mining's 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 Lundin Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lundin Mining's related companies.
Open | High | Low | Close | Volume | |
5.95 | 5.95 | 5.95 | 5.95 | 1.00 | |
11/27/2023 | 5.92 | 5.93 | 5.92 | 5.93 | 500.00 |
5.64 | 5.64 | 5.64 | 5.64 | 1.00 |
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Lundin Mining Trading Date Momentum on November 27, 2023
On November 28 2023 Lundin Mining was traded for 5.64 at the closing time. The highest daily price throughout the period was 5.64 and the lowest price was 5.64 . There was no trading activity during the period 1.0. Lack of trading volume on 11/28/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 4.89% . The trading delta at closing time to current closing price is 4.38% . |
Lundin Mining Fundamentals Correlations and Trends
By evaluating Lundin Mining's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Lundin Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lundin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lundin Mining Stock history
Lundin Mining 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 Lundin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lundin Mining 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 Lundin Mining stock prices may prove useful in developing a viable investing in Lundin Mining
Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, the United States, Portugal, and Sweden. Lundin Mining Corporation was incorporated in 1994 and is headquartered in Toronto, Canada. LUNDIN MINING operates under Copper classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3347 people.
Lundin Mining Stock Technical Analysis
Lundin Mining 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
Lundin Mining Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Lundin Mining 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.
Lundin Mining December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Lundin Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lundin Mining shares will generate the highest return on investment. By undertsting and applying Lundin Mining stock market strength indicators, traders can identify Lundin Mining entry and exit signals to maximize returns
Lundin Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lundin Mining's price direction in advance. Along with the technical and fundamental analysis of Lundin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lundin 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 | 0.0052 | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.15) | |||
Treynor Ratio | 0.0625 |
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Complementary Tools for Lundin Stock analysis
When running Lundin Mining's price analysis, check to measure Lundin Mining's 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 Lundin Mining is operating at the current time. Most of Lundin Mining's value examination focuses on studying past and present price action to predict the probability of Lundin Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lundin Mining's price. Additionally, you may evaluate how the addition of Lundin Mining to your portfolios can decrease your overall portfolio volatility.
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