Locksley Resources (Australia) Today
Locksley Resources is selling for under 0.035 as of the 29th of April 2024; that is No Change since the beginning of the trading day. The stock's last reported lowest price was 0.035. Equity ratings for Locksley Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of March 2024 and ending today, the 29th of April 2024. Click here to learn more.
Valuation
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Locksley Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Locksley Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Locksley Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Materials, Metals & Mining (View all Sectors) |
Locksley Resources (LKY) is traded on Australian Securities Exchange in Australia and employs 3 people. The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.96 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Locksley Resources's market, we take the total number of its shares issued and multiply it by Locksley Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Locksley Resources has 146.67 M outstanding shares.
Locksley Resources has accumulated about 2.27 M in cash with (1.41 M) of positive cash flow from operations.
Check Locksley Resources Probability Of Bankruptcy
Locksley Stock Against Markets
Picking the right benchmark for Locksley Resources stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Locksley Resources stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Locksley Resources is critical whether you are bullish or bearish towards Locksley Resources at a given time. Please also check how Locksley Resources' historical prices are related to one of the top price index indicators.
Locksley Resources Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Locksley Resources stock to make a market-neutral strategy. Peer analysis of Locksley Resources could also be used in its relative valuation, which is a method of valuing Locksley Resources by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
How to buy Locksley Stock?
Before investing in Locksley Resources, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Locksley Resources. To buy Locksley Resources stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Locksley Resources. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Locksley Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Locksley Resources stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Locksley Resources stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Locksley Resources, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Locksley Resources?
The danger of trading Locksley Resources is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Locksley Resources is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Locksley Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Locksley Resources is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Locksley Stock analysis
When running Locksley Resources' price analysis, check to measure Locksley 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 Locksley Resources is operating at the current time. Most of Locksley Resources' value examination focuses on studying past and present price action to predict the probability of Locksley Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Locksley Resources' price. Additionally, you may evaluate how the addition of Locksley Resources to your portfolios can decrease your overall portfolio volatility.
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