Almadex Minerals Stock Price on September 9, 2024
AAMMF Stock | USD 0.11 0.03 21.43% |
If you're considering investing in Almadex Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Almadex Minerals stands at 0.11, as last reported on the 3rd of December, with the highest price reaching 0.12 and the lowest price hitting 0.11 during the day. Almadex Minerals secures Sharpe Ratio (or Efficiency) of -0.0172, which signifies that the company had a -0.0172% return per unit of risk over the last 3 months. Almadex Minerals exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Almadex Minerals' insignificant Risk Adjusted Performance, standard deviation of 8.07, and Mean Deviation of 4.85 to double-check the risk estimate we provide.
Almadex Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Almadex |
Sharpe Ratio = -0.0172
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Estimated Market Risk
8.19 actual daily | 72 72% of assets are less volatile |
Expected Return
-0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Almadex Minerals 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 Almadex Minerals by adding Almadex Minerals to a well-diversified portfolio.
Almadex Minerals Valuation on September 9, 2024
It is possible to determine the worth of Almadex Minerals on a given historical date. On September 9, 2024 Almadex was worth 0.14 at the beginning of the trading date compared to the closed value of 0.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Almadex Minerals pink sheet. Still, in general, we apply an absolute valuation method to find Almadex Minerals' 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 Almadex Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Almadex Minerals' related companies.
Open | High | Low | Close | Volume | |
0.18 | 0.18 | 0.14 | 0.14 | 1,127 | |
09/09/2024 | 0.14 | 0.15 | 0.14 | 0.15 | 13,415 |
0.14 | 0.15 | 0.14 | 0.14 | 10,100 |
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Almadex Minerals Trading Date Momentum on September 9, 2024
On September 10 2024 Almadex Minerals was traded for 0.14 at the closing time. The highest daily price throughout the period was 0.15 and the lowest price was 0.14 . The daily volume was 10.1 K. The net trading volume on 09/10/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 6.67% . The overall trading delta to current closing price is 0.00% . |
Almadex Minerals Fundamentals Correlations and Trends
By evaluating Almadex Minerals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Almadex Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Almadex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Almadex Minerals Pink Sheet history
Almadex Minerals 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 Almadex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Almadex Minerals 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 Almadex Minerals stock prices may prove useful in developing a viable investing in Almadex Minerals
Almadex Minerals Ltd. engages in the acquisition and exploration of mineral resource properties. Almadex Minerals Ltd. was incorporated in 2018 and is headquartered in Vancouver, Canada. Almadex Minerals operates under Gold classification in the United States and is traded on OTC Exchange.
Almadex Minerals Pink Sheet Technical Analysis
Almadex Minerals 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
Almadex Minerals Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Almadex Minerals 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.
Almadex Minerals December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Almadex Minerals 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 Almadex Minerals shares will generate the highest return on investment. By undertsting and applying Almadex Minerals pink sheet market strength indicators, traders can identify Almadex Minerals entry and exit signals to maximize returns
Almadex Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Almadex Minerals' price direction in advance. Along with the technical and fundamental analysis of Almadex Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Almadex 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) | |||
Jensen Alpha | (0.35) | |||
Total Risk Alpha | (1.35) | |||
Treynor Ratio | (0.08) |
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Complementary Tools for Almadex Pink Sheet analysis
When running Almadex Minerals' price analysis, check to measure Almadex Minerals' 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 Almadex Minerals is operating at the current time. Most of Almadex Minerals' value examination focuses on studying past and present price action to predict the probability of Almadex Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Almadex Minerals' price. Additionally, you may evaluate how the addition of Almadex Minerals to your portfolios can decrease your overall portfolio volatility.
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