Argosy Minerals Limited Stock Price on November 18, 2024
ARYMF Stock | USD 0.02 0.01 23.60% |
If you're considering investing in Argosy Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Argosy Minerals stands at 0.02, as last reported on the 30th of November, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. Argosy Minerals secures Sharpe Ratio (or Efficiency) of -0.0436, which signifies that the company had a -0.0436% return per unit of standard deviation over the last 3 months. Argosy Minerals Limited exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Argosy Minerals' mean deviation of 3.8, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
Argosy Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Argosy |
Sharpe Ratio = -0.0436
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Estimated Market Risk
8.17 actual daily | 72 72% of assets are less volatile |
Expected Return
-0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Argosy 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 Argosy Minerals by adding Argosy Minerals to a well-diversified portfolio.
Argosy Minerals Valuation on November 18, 2024
It is possible to determine the worth of Argosy Minerals on a given historical date. On November 18, 2024 Argosy was worth 0.0235 at the beginning of the trading date compared to the closed value of 0.0232. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Argosy Minerals pink sheet. Still, in general, we apply an absolute valuation method to find Argosy 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 Argosy Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Argosy Minerals' related companies.
Open | High | Low | Close | Volume | |
0.02 | 0.02 | 0.02 | 0.02 | 1.00 | |
11/18/2024 | 0.02 | 0.02 | 0.02 | 0.02 | 21,871 |
0.02 | 0.02 | 0.02 | 0.02 | 1.00 |
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Argosy Minerals Trading Date Momentum on November 18, 2024
On November 19 2024 Argosy Minerals Limited was traded for 0.02 at the closing time. The highest daily price throughout the period was 0.02 and the lowest price was 0.02 . There was no trading activity during the period 1.0. Lack of trading volume on 11/19/2024 did not affect price variability. The overall trading delta to current closing price is 17.67% . |
Argosy Minerals Fundamentals Correlations and Trends
By evaluating Argosy 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 Argosy Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Argosy financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Argosy Minerals Pink Sheet history
Argosy 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 Argosy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Argosy 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 Argosy Minerals stock prices may prove useful in developing a viable investing in Argosy Minerals
Argosy Minerals Limited engages in the exploration and development of lithium projects in Australia and the United States. The company was incorporated in 2010 and is headquartered in Perth, Australia. Argosy Minerl operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Argosy Minerals Pink Sheet Technical Analysis
Argosy 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
Argosy Minerals Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Argosy Minerals Limited 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.
Argosy Minerals November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Argosy 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 Argosy Minerals shares will generate the highest return on investment. By undertsting and applying Argosy Minerals pink sheet market strength indicators, traders can identify Argosy Minerals Limited entry and exit signals to maximize returns
Argosy Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Argosy Minerals' price direction in advance. Along with the technical and fundamental analysis of Argosy Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Argosy 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 | (0.01) | |||
Jensen Alpha | (0.10) | |||
Total Risk Alpha | (1.54) | |||
Treynor Ratio | 0.2684 |
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Complementary Tools for Argosy Pink Sheet analysis
When running Argosy Minerals' price analysis, check to measure Argosy 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 Argosy Minerals is operating at the current time. Most of Argosy Minerals' value examination focuses on studying past and present price action to predict the probability of Argosy Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argosy Minerals' price. Additionally, you may evaluate how the addition of Argosy Minerals to your portfolios can decrease your overall portfolio volatility.
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