Bayhorse Silver Stock Price on October 24, 2024

BHSIF Stock  USD 0.03  0  12.67%   
If you're considering investing in Bayhorse OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bayhorse Silver stands at 0.03, as last reported on the 23rd of November, with the highest price reaching 0.04 and the lowest price hitting 0.03 during the day. Bayhorse Silver is out of control given 3 months investment horizon. Bayhorse Silver secures Sharpe Ratio (or Efficiency) of 0.0776, which signifies that the company had a 0.0776% return per unit of risk over the last 3 months. We were able to collect and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.04% are justified by taking the suggested risk. Use Bayhorse Silver Downside Deviation of 15.39, risk adjusted performance of 0.0672, and Mean Deviation of 7.74 to evaluate company specific risk that cannot be diversified away.
  
Bayhorse OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0776

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Estimated Market Risk

 13.43
  actual daily
96
96% of assets are less volatile

Expected Return

 1.04
  actual daily
20
80% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Bayhorse Silver is performing at about 6% 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 Bayhorse Silver by adding it to a well-diversified portfolio.

Bayhorse Silver Valuation on October 24, 2024

It is possible to determine the worth of Bayhorse Silver on a given historical date. On October 24, 2024 Bayhorse was worth 0.0311 at the beginning of the trading date compared to the closed value of 0.0312. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bayhorse Silver otc stock. Still, in general, we apply an absolute valuation method to find Bayhorse Silver'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 Bayhorse Silver where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bayhorse Silver's related companies.
 Open High Low Close Volume
  0.03    0.03    0.03    0.03    43,200  
10/24/2024
  0.03    0.03    0.03    0.03    76,440  
  0.03    0.03    0.03    0.03    75,000  
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Open Value
0.0311
0.0003
Downside
0.0312
Closing Value
40.33
Upside

Bayhorse Silver Trading Date Momentum on October 24, 2024

On October 25 2024 Bayhorse Silver 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 75 K. The net trading volume on 10/25/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 3.85% . The overall trading delta to current closing price is 3.85% .

Bayhorse Silver Fundamentals Correlations and Trends

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

About Bayhorse Silver OTC Stock history

Bayhorse Silver 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 Bayhorse is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bayhorse Silver 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 Bayhorse Silver stock prices may prove useful in developing a viable investing in Bayhorse Silver
Bayhorse Silver Inc., a junior natural resource company, engages in the acquisition, exploration, and development of natural resource properties. Bayhorse Silver Inc. was incorporated in 2004 and is headquartered in Burnaby, Canada. Bayhorse Silver is traded on OTC Exchange in the United States.

Bayhorse Silver OTC Stock Technical Analysis

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

Bayhorse Silver Period Price Range

Low
November 23, 2024
0.00  NaN%
High

 0.00 

     

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Bayhorse Silver 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.

Bayhorse Silver November 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Bayhorse Silver 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 Bayhorse Silver shares will generate the highest return on investment. By undertsting and applying Bayhorse Silver otc stock market strength indicators, traders can identify Bayhorse Silver entry and exit signals to maximize returns

Bayhorse Silver Technical and Predictive Indicators

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

Complementary Tools for Bayhorse OTC Stock analysis

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