Riedel Resources (Australia) Price on December 16, 2024
| RIE Stock | 0.03 0 8.82% |
Below is the normalized historical share price chart for Riedel Resources extending back to January 31, 2011. 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 Riedel Resources stands at 0.03, as last reported on the 22nd of December, with the highest price reaching 0.03 and the lowest price hitting 0.03 during the day.
If you're considering investing in Riedel Stock, it is important to understand the factors that can impact its price. Riedel Resources is out of control given 3 months investment horizon. Riedel Resources maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 5.17% are justified by taking the suggested risk. Use Riedel Resources Risk Adjusted Performance of 0.0983, semi deviation of 17.61, and Coefficient Of Variation of 895.34 to evaluate company specific risk that cannot be diversified away.
At this time, Riedel Resources' Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 2.2 B in 2024, whereas Common Stock Total Equity is likely to drop slightly above 17.1 M in 2024. . Riedel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0892 | 50 Day MA 0.0633 | Beta 0.629 |
Riedel |
Sharpe Ratio = 0.1117
| Best Portfolio | Best Equity | RIE | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 46.26 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Riedel Resources is performing at about 8% 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 Riedel Resources by adding it to a well-diversified portfolio.
Price Book 0.4732 | Book Value 0.002 | Enterprise Value 1.6 M | Enterprise Value Ebitda (8.62) | Price Sales 192.7398 |
Riedel Resources Valuation on December 16, 2024
It is possible to determine the worth of Riedel Resources on a given historical date. On December 16, 2024 Riedel was worth 0.035 at the beginning of the trading date compared to the closed value of 0.034. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Riedel Resources stock. Still, in general, we apply an absolute valuation method to find Riedel 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 Riedel Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Riedel Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.08 | 0.08 | 0.08 | 0.08 | 1.00 | |
12/16/2024 | 0.04 | 0.04 | 0.03 | 0.03 | 25,534 |
| 0.03 | 0.03 | 0.03 | 0.03 | 12,761 |
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Riedel Resources Trading Date Momentum on December 16, 2024
| On December 17 2024 Riedel Resources was traded for 0.03 at the closing time. The maximum traded price for the trading interval was 0.03 and the lowest daily price was 0.03 . The daily volume was recorded at 12.8 K. The volume of trading on 17th of December 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 2.94% . The trading delta at closing time to the closing price today is 8.82% . |
Riedel Resources Fundamentals Correlations and Trends
By evaluating Riedel 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 Riedel Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Riedel financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Riedel Resources Stock history
Riedel 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 Riedel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Riedel 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 Riedel Resources stock prices may prove useful in developing a viable investing in Riedel Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.1 B | 2.2 B | |
| Net Loss | -943.3 K | -990.4 K |
Riedel Resources Stock Technical Analysis
Riedel 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
Riedel Resources Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Riedel Resources cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Riedel Resources December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Riedel 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 Riedel Resources shares will generate the highest return on investment. By undertsting and applying Riedel Resources stock market strength indicators, traders can identify Riedel Resources entry and exit signals to maximize returns
Riedel Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Riedel Resources' price direction in advance. Along with the technical and fundamental analysis of Riedel Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Riedel 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 | 0.0983 | |||
| Jensen Alpha | 5.23 | |||
| Total Risk Alpha | 3.86 | |||
| Sortino Ratio | 0.1316 | |||
| Treynor Ratio | (1.62) |
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Additional Tools for Riedel Stock Analysis
When running Riedel Resources' price analysis, check to measure Riedel 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 Riedel Resources is operating at the current time. Most of Riedel Resources' value examination focuses on studying past and present price action to predict the probability of Riedel Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Riedel Resources' price. Additionally, you may evaluate how the addition of Riedel Resources to your portfolios can decrease your overall portfolio volatility.