Bravo Mining Corp Stock Price on August 15, 2024
BRVMF Stock | USD 1.42 0.00 0.00% |
If you're considering investing in Bravo OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bravo Mining stands at 1.42, as last reported on the 3rd of December, with the highest price reaching 1.42 and the lowest price hitting 1.42 during the day. Bravo Mining Corp secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had a -0.18% return per unit of standard deviation over the last 3 months. Bravo Mining Corp exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bravo Mining's risk adjusted performance of (0.14), and Mean Deviation of 1.55 to double-check the risk estimate we provide.
Bravo OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bravo |
Sharpe Ratio = -0.185
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Estimated Market Risk
2.06 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.38 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bravo Mining 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 Bravo Mining by adding Bravo Mining to a well-diversified portfolio.
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Bravo Mining Valuation on August 15, 2024
It is possible to determine the worth of Bravo Mining on a given historical date. On August 15, 2024 Bravo was worth 2.1 at the beginning of the trading date compared to the closed value of 2.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bravo Mining otc stock. Still, in general, we apply an absolute valuation method to find Bravo Mining'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 Bravo Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bravo Mining's related companies.
Open | High | Low | Close | Volume | |
2.04 | 2.09 | 2.04 | 2.08 | 1,611 | |
08/15/2024 | 2.10 | 2.10 | 2.10 | 2.10 | 200.00 |
2.15 | 2.19 | 2.13 | 2.16 | 15,800 |
Backtest Bravo Mining | | | Bravo Mining History | | | Bravo Mining Valuation | Previous | Next |
Bravo Mining Trading Date Momentum on August 15, 2024
On August 16 2024 Bravo Mining Corp was traded for 2.16 at the closing time. The highest daily price throughout the period was 2.19 and the lowest price was 2.13 . The daily volume was 15.8 K. The net trading volume on 08/16/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 2.86% . The overall trading delta to current closing price is 4.76% . |
Bravo Mining Corp Fundamentals Correlations and Trends
By evaluating Bravo Mining'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 Bravo Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bravo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bravo Mining OTC Stock history
Bravo Mining 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 Bravo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bravo Mining Corp 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 Bravo Mining stock prices may prove useful in developing a viable investing in Bravo Mining
Bravo Mining Corp., a mineral exploration company, engages in the acquisition, exploration, operation, and development of mineral properties. Bravo Mining Corp. was incorporated in 2022 and is headquartered in Rio de Janeiro, Brazil. Bravo Mining is traded on OTC Exchange in the United States.
Bravo Mining OTC Stock Technical Analysis
Bravo Mining 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
Bravo Mining Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Bravo Mining Corp 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.
Bravo Mining December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Bravo Mining 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 Bravo Mining shares will generate the highest return on investment. By undertsting and applying Bravo Mining otc stock market strength indicators, traders can identify Bravo Mining Corp entry and exit signals to maximize returns
Bravo Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bravo Mining's price direction in advance. Along with the technical and fundamental analysis of Bravo OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bravo 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 | (0.14) | |||
Jensen Alpha | (0.44) | |||
Total Risk Alpha | (0.73) | |||
Treynor Ratio | (1.44) |
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Volume Indicators |
Complementary Tools for Bravo OTC Stock analysis
When running Bravo Mining's price analysis, check to measure Bravo Mining'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 Bravo Mining is operating at the current time. Most of Bravo Mining's value examination focuses on studying past and present price action to predict the probability of Bravo Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bravo Mining's price. Additionally, you may evaluate how the addition of Bravo Mining to your portfolios can decrease your overall portfolio volatility.
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