Arctic Star Exploration Stock Price on May 14, 2024
| ASDZF Stock | USD 0.01 0 21.62% |
If you're considering investing in Arctic Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Arctic Star stands at 0.01, as last reported on the 23rd of November, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day. Arctic Star Exploration secures Sharpe Ratio (or Efficiency) of -0.0546, which signifies that the company had a -0.0546% return per unit of standard deviation over the last 3 months. Arctic Star Exploration exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arctic Star's risk adjusted performance of (0.03), and Mean Deviation of 1.15 to double-check the risk estimate we provide.
Arctic Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Arctic |
Sharpe Ratio = -0.0546
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| Negative Returns | ASDZF |
Estimated Market Risk
| 4.16 actual daily | 37 63% of assets are more volatile |
Expected Return
| -0.23 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 Arctic Star 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 Arctic Star by adding Arctic Star to a well-diversified portfolio.
Arctic Star Valuation on May 14, 2024
It is possible to determine the worth of Arctic Star on a given historical date. On May 14, 2024 Arctic was worth 0.023 at the beginning of the trading date compared to the closed value of 0.0295. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Arctic Star pink sheet. Still, in general, we apply an absolute valuation method to find Arctic Star'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 Arctic Star where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Arctic Star's related companies.
| Open | High | Low | Close | Volume | |
| 0.03 | 0.03 | 0.03 | 0.03 | 94,000 | |
05/14/2024 | 0.02 | 0.03 | 0.02 | 0.03 | 351,040 |
| 0.03 | 0.03 | 0.03 | 0.03 | 87,000 |
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Arctic Star Trading Date Momentum on May 14, 2024
| On May 15 2024 Arctic Star Exploration was traded for 0.03 at the closing time. The highest daily price throughout the period was 0.03 and the lowest price was 0.03 . The daily volume was 87 K. The net trading volume on 05/15/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 0.34% . The overall trading delta to current closing price is 0.68% . |
Arctic Star Exploration Fundamentals Correlations and Trends
By evaluating Arctic Star'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 Arctic Star's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Arctic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Arctic Star Pink Sheet history
Arctic Star 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 Arctic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Arctic Star Exploration 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 Arctic Star stock prices may prove useful in developing a viable investing in Arctic Star
Arctic Star Exploration Corp., a junior natural resource company, acquires, explores for, and develops mineral properties in Canada and Finland. Arctic Star Exploration Corp. was incorporated in 2001 and is headquartered in Vancouver, Canada. Arctic Star operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.
Arctic Star Pink Sheet Technical Analysis
Arctic Star 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
Arctic Star Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Arctic Star Exploration 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.
Arctic Star November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Arctic Star 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 Arctic Star shares will generate the highest return on investment. By undertsting and applying Arctic Star pink sheet market strength indicators, traders can identify Arctic Star Exploration entry and exit signals to maximize returns
Arctic Star Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Arctic Star's price direction in advance. Along with the technical and fundamental analysis of Arctic Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Arctic 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 | (0.03) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.88) | |||
| Treynor Ratio | (0.31) |
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| Volume Indicators |
Complementary Tools for Arctic Pink Sheet analysis
When running Arctic Star's price analysis, check to measure Arctic Star'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 Arctic Star is operating at the current time. Most of Arctic Star's value examination focuses on studying past and present price action to predict the probability of Arctic Star's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arctic Star's price. Additionally, you may evaluate how the addition of Arctic Star to your portfolios can decrease your overall portfolio volatility.
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