Bannerman Resources Stock Price on December 2, 2024

BNNLF Stock  USD 1.73  0.02  1.17%   
If you're considering investing in Bannerman OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bannerman Resources stands at 1.73, as last reported on the 11th of December 2024, with the highest price reaching 1.77 and the lowest price hitting 1.67 during the day. Bannerman Resources appears to be very risky, given 3 months investment horizon. Bannerman Resources secures Sharpe Ratio (or Efficiency) of 0.0635, which signifies that the company had a 0.0635% return per unit of risk over the last 3 months. We have found thirty technical indicators for Bannerman Resources, which you can use to evaluate the volatility of the firm. Please makes use of Bannerman Resources' Downside Deviation of 3.16, mean deviation of 3.1, and Risk Adjusted Performance of 0.1065 to double-check if our risk estimates are consistent with your expectations.
  
Bannerman OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0635

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsBNNLF
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 3.89
  actual daily
34
66% of assets are more volatile

Expected Return

 0.25
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
5
95% of assets perform better
Based on monthly moving average Bannerman Resources is performing at about 5% 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 Bannerman Resources by adding it to a well-diversified portfolio.

Related Headline

Uranium Energy Headline on 2nd of December 2024

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Vancouver, British Columbia-- - ALX Resources Corp. is pleased to announce the results of matters voted on at the Companys Annual General and Special Meeting of shareholders of the Company held this morning at 1000 AM . At the Meeting, ...

Bannerman Resources Valuation on December 2, 2024

It is possible to determine the worth of Bannerman Resources on a given historical date. On December 2, 2024 Bannerman was worth 1.71 at the beginning of the trading date compared to the closed value of 1.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bannerman Resources otc stock. Still, in general, we apply an absolute valuation method to find Bannerman Resources' 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 Bannerman Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bannerman Resources' related companies.
 Open High Low Close Volume
  1.77    1.85    1.72    1.85    96,600  
12/02/2024
  1.71    1.85    1.71    1.80    44,170  
  1.80    1.80    1.76    1.76    28,700  
Backtest Bannerman Resources  |  Bannerman Resources History  |  Bannerman Resources Valuation   PreviousNext  
Open Value
1.71
1.8
Closing Value
13.39
Upside

Bannerman Resources Trading Date Momentum on December 2, 2024

On December 03 2024 Bannerman Resources was traded for  1.76  at the closing time. The highest daily price throughout the period was 1.80  and the lowest price was  1.76 . The daily volume was 28.7 K. The net trading volume on 12/03/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 2.22% . The overall trading delta to current closing price is 5.00% .

Bannerman Resources Fundamentals Correlations and Trends

By evaluating Bannerman Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bannerman Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bannerman financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Bannerman Resources OTC Stock history

Bannerman Resources 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 Bannerman is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bannerman Resources 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 Bannerman Resources stock prices may prove useful in developing a viable investing in Bannerman Resources
Bannerman Energy Ltd engages in the exploration and development of uranium properties in Namibia, Southern Africa. Bannerman Energy Ltd was incorporated in 2005 and is based in Subiaco, Australia. Bannerman Energy operates under Uranium classification in the United States and is traded on OTC Exchange.

Bannerman Resources OTC Stock Technical Analysis

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

Bannerman Resources Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Bannerman Resources cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.

Bannerman Resources December 11, 2024 Market Strength

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

Bannerman Resources Technical and Predictive Indicators

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

When running Bannerman Resources' price analysis, check to measure Bannerman Resources' 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 Bannerman Resources is operating at the current time. Most of Bannerman Resources' value examination focuses on studying past and present price action to predict the probability of Bannerman Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bannerman Resources' price. Additionally, you may evaluate how the addition of Bannerman Resources to your portfolios can decrease your overall portfolio volatility.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like