Asiabasemetals Stock Price on November 5, 2024

ABZ Stock  CAD 0.09  0.01  6.25%   
If you're considering investing in Asiabasemetals Stock, it is important to understand the factors that can impact its price. As of today, the current price of Asiabasemetals stands at 0.09, as last reported on the 26th of November, with the highest price reaching 0.09 and the lowest price hitting 0.09 during the day. Asiabasemetals secures Sharpe Ratio (or Efficiency) of -0.001, which signifies that the company had a -0.001% return per unit of risk over the last 3 months. Asiabasemetals exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Asiabasemetals' Mean Deviation of 1.93, risk adjusted performance of 0.0079, and Standard Deviation of 5.86 to double-check the risk estimate we provide.
  
Asiabasemetals Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.001

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Estimated Market Risk

 5.86
  actual daily
52
52% of assets are less volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Asiabasemetals 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 Asiabasemetals by adding Asiabasemetals to a well-diversified portfolio.

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Asiabasemetals Valuation on November 5, 2024

It is possible to determine the worth of Asiabasemetals on a given historical date. On November 5, 2024 Asiabasemetals was worth 0.085 at the beginning of the trading date compared to the closed value of 0.085. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asiabasemetals stock. Still, in general, we apply an absolute valuation method to find Asiabasemetals' 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 Asiabasemetals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asiabasemetals' related companies.
 Open High Low Close Volume
  0.09    0.09    0.09    0.09    1.00  
11/05/2024
  0.09    0.09    0.09    0.09    1.00  
  0.09    0.09    0.09    0.09    1.00  
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Open Value
0.085
0.0009
Downside
0.085
Closing Value
17.65
Upside

Asiabasemetals Trading Date Momentum on November 5, 2024

On November 06 2024 Asiabasemetals was traded for  0.09  at the closing time. The highest daily price throughout the period was 0.09  and the lowest price was  0.09 . There was no trading activity during the period 1.0. Lack of trading volume on 11/06/2024 did not affect price variability. The overall trading delta to current closing price is 5.88% .

Asiabasemetals Fundamentals Correlations and Trends

By evaluating Asiabasemetals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Asiabasemetals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Asiabasemetals financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Asiabasemetals Stock history

Asiabasemetals 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 Asiabasemetals is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Asiabasemetals 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 Asiabasemetals stock prices may prove useful in developing a viable investing in Asiabasemetals
AsiaBaseMetals Inc. engages in the exploration and development of metals in Canada. The company was incorporated in 2009 and is based in Vancouver, Canada. ASIABASEMETALS INC is traded on TSX Venture Exchange in Canada.

Asiabasemetals Stock Technical Analysis

Asiabasemetals 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.
A focus of Asiabasemetals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Asiabasemetals trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Asiabasemetals Period Price Range

Low
November 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Asiabasemetals cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.

Asiabasemetals November 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Asiabasemetals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asiabasemetals shares will generate the highest return on investment. By undertsting and applying Asiabasemetals stock market strength indicators, traders can identify Asiabasemetals entry and exit signals to maximize returns

Asiabasemetals Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Asiabasemetals' price direction in advance. Along with the technical and fundamental analysis of Asiabasemetals Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Asiabasemetals 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.

Additional Tools for Asiabasemetals Stock Analysis

When running Asiabasemetals' price analysis, check to measure Asiabasemetals' 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 Asiabasemetals is operating at the current time. Most of Asiabasemetals' value examination focuses on studying past and present price action to predict the probability of Asiabasemetals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asiabasemetals' price. Additionally, you may evaluate how the addition of Asiabasemetals to your portfolios can decrease your overall portfolio volatility.