Basanite Stock Price on December 4, 2024
| BASA Stock | USD 0.05 0 1.96% |
If you're considering investing in Basanite OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Basanite stands at 0.05, as last reported on the 24th of January, with the highest price reaching 0.05 and the lowest price hitting 0.05 during the day. Basanite appears to be out of control, given 3 months investment horizon. Basanite secures Sharpe Ratio (or Efficiency) of 0.0544, which signifies that the company had a 0.0544 % return per unit of risk over the last 3 months. By analyzing Basanite's technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please makes use of Basanite's Downside Deviation of 11.83, mean deviation of 11.37, and Risk Adjusted Performance of 0.0666 to double-check if our risk estimates are consistent with your expectations.
Basanite OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Basanite |
Sharpe Ratio = 0.0544
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Estimated Market Risk
| 13.75 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.75 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Basanite is performing at about 4% of its full potential. 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 Basanite by adding it to a well-diversified portfolio.
Basanite Valuation on December 4, 2024
It is possible to determine the worth of Basanite on a given historical date. On December 4, 2024 Basanite was worth 0.041 at the beginning of the trading date compared to the closed value of 0.053. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Basanite otc stock. Still, in general, we apply an absolute valuation method to find Basanite'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 Basanite where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Basanite's related companies.
| Open | High | Low | Close | Volume | |
| 0.05 | 0.06 | 0.04 | 0.04 | 88,600 | |
12/04/2024 | 0.04 | 0.05 | 0.04 | 0.05 | 488,300 |
| 0.05 | 0.05 | 0.05 | 0.05 | 15,186 |
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Basanite Trading Date Momentum on December 4, 2024
| On December 05 2024 Basanite was traded for 0.05 at the closing time. The top price for the day was 0.05 and the lowest listed price was 0.05 . The trading volume for the day was 15.2 K. The trading history from December 5, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 9.43% . The overall trading delta against the current closing price is 22.64% . |
Basanite Fundamentals Correlations and Trends
By evaluating Basanite'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 Basanite's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Basanite financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Basanite OTC Stock history
Basanite 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 Basanite is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Basanite 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 Basanite stock prices may prove useful in developing a viable investing in Basanite
Basanite, Inc. engages in the basalt fiber reinforced polymer business worldwide. Basanite, Inc. was founded in 2006 and is headquartered in Oakland Park, Florida. Basanite operates under Building Materials classification in the United States and is traded on OTC Exchange. It employs 23 people.
Basanite OTC Stock Technical Analysis
Basanite technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Basanite Period Price Range
Low | January 24, 2025
| High |
0.00 | 0.00 |
Basanite cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
Basanite January 24, 2025 Market Strength
Market strength indicators help investors to evaluate how Basanite otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Basanite shares will generate the highest return on investment. By undertsting and applying Basanite otc stock market strength indicators, traders can identify Basanite entry and exit signals to maximize returns
Basanite Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Basanite's price direction in advance. Along with the technical and fundamental analysis of Basanite OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Basanite 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 | 0.0666 | |||
| Jensen Alpha | 0.9633 | |||
| Total Risk Alpha | 0.3095 | |||
| Sortino Ratio | 0.0765 | |||
| Treynor Ratio | (1.72) |
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Complementary Tools for Basanite OTC Stock analysis
When running Basanite's price analysis, check to measure Basanite'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 Basanite is operating at the current time. Most of Basanite's value examination focuses on studying past and present price action to predict the probability of Basanite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Basanite's price. Additionally, you may evaluate how the addition of Basanite to your portfolios can decrease your overall portfolio volatility.
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