Ameramex International Stock Price on May 15, 2023

AMMX Stock  USD 0.22  0.04  22.22%   
If you're considering investing in AmeraMex Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of AmeraMex International stands at 0.22, as last reported on the 30th of November, with the highest price reaching 0.24 and the lowest price hitting 0.18 during the day. AmeraMex International secures Sharpe Ratio (or Efficiency) of -0.0456, which signifies that the company had a -0.0456% return per unit of standard deviation over the last 3 months. AmeraMex International exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AmeraMex International's risk adjusted performance of (0.02), and Mean Deviation of 3.74 to double-check the risk estimate we provide.
  
AmeraMex Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0456

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Estimated Market Risk

 7.97
  actual daily
70
70% of assets are less volatile

Expected Return

 -0.36
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average AmeraMex International 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 AmeraMex International by adding AmeraMex International to a well-diversified portfolio.

Related Headline

Alamo Headline on 15th of May 2023

Filed transaction by Alamo Group Inc director. Grant, award or other acquisition pursuant to Rule 16b-3(d)

AmeraMex International Valuation on May 15, 2023

It is possible to determine the worth of AmeraMex International on a given historical date. On May 15, 2023 AmeraMex was worth 0.26 at the beginning of the trading date compared to the closed value of 0.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AmeraMex International pink sheet. Still, in general, we apply an absolute valuation method to find AmeraMex International'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 AmeraMex International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AmeraMex International's related companies.
 Open High Low Close Volume
  0.28    0.28    0.28    0.28    275.00  
05/15/2023
  0.26    0.26    0.20    0.20    247,800  
  0.20    0.21    0.15    0.21    32,560  
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Open Value
0.26
0.2
Closing Value
24.17
Upside

AmeraMex International Trading Date Momentum on May 15, 2023

On May 16 2023 AmeraMex International was traded for  0.21  at the closing time. The top price for the day was 0.21  and the lowest listed price was  0.15 . The trading volume for the day was 32.6 K. The trading history from May 16, 2023 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 5.00% . The overall trading delta against the current closing price is 0.00% .

AmeraMex International Fundamentals Correlations and Trends

By evaluating AmeraMex International'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 AmeraMex International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AmeraMex financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About AmeraMex International Pink Sheet history

AmeraMex International 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 AmeraMex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AmeraMex International 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 AmeraMex International stock prices may prove useful in developing a viable investing in AmeraMex International
AmeraMex International, Inc. sells, leases, and rents new and refurbished heavy equipment primarily in the United States. The company was founded in 1989 and is based in Chico, California. Ameramex Intl operates under Farm Heavy Construction Machinery classification in the United States and is traded on OTC Exchange. It employs 19 people.

AmeraMex International Pink Sheet Technical Analysis

AmeraMex International 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.
A focus of AmeraMex International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of AmeraMex International 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

AmeraMex International Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

AmeraMex International 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.

AmeraMex International November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how AmeraMex International 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 AmeraMex International shares will generate the highest return on investment. By undertsting and applying AmeraMex International pink sheet market strength indicators, traders can identify AmeraMex International entry and exit signals to maximize returns

AmeraMex International Technical and Predictive Indicators

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

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