Beyond Minerals Stock Price on March 6, 2024
| BYDMF Stock | USD 0.03 0.01 30.43% |
If you're considering investing in Beyond Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Beyond Minerals stands at 0.03, as last reported on the 11th of December 2024, with the highest price reaching 0.03 and the lowest price hitting 0.03 during the day. Beyond Minerals is out of control given 3 months investment horizon. Beyond Minerals secures Sharpe Ratio (or Efficiency) of 0.0669, which signifies that the company had a 0.0669% return per unit of risk over the last 3 months. We have collected data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.09% are justified by taking the suggested risk. Use Beyond Minerals Mean Deviation of 9.17, downside deviation of 13.86, and Risk Adjusted Performance of 0.0508 to evaluate company specific risk that cannot be diversified away.
Beyond Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Beyond |
Sharpe Ratio = 0.0669
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Estimated Market Risk
| 16.22 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.09 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Beyond Minerals 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 Beyond Minerals by adding it to a well-diversified portfolio.
Beyond Minerals Valuation on March 6, 2024
It is possible to determine the worth of Beyond Minerals on a given historical date. On March 6, 2024 Beyond was worth 0.15 at the beginning of the trading date compared to the closed value of 0.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Beyond Minerals pink sheet. Still, in general, we apply an absolute valuation method to find Beyond Minerals' 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 Beyond Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Beyond Minerals' related companies.
| Open | High | Low | Close | Volume | |
| 0.24 | 0.24 | 0.14 | 0.14 | 33,585 | |
03/06/2024 | 0.15 | 0.16 | 0.14 | 0.16 | 115,304 |
| 0.16 | 0.19 | 0.14 | 0.16 | 31,469 |
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Beyond Minerals Trading Date Momentum on March 6, 2024
| On March 07 2024 Beyond Minerals was traded for 0.16 at the closing time. The highest daily price throughout the period was 0.19 and the lowest price was 0.14 . The daily volume was 31.5 K. The net trading volume on 03/07/2024 did not affect price variability. The overall trading delta to current closing price is 31.25% . |
Beyond Minerals Fundamentals Correlations and Trends
By evaluating Beyond Minerals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Beyond Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Beyond financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Beyond Minerals Pink Sheet history
Beyond Minerals 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 Beyond is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Beyond Minerals 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 Beyond Minerals stock prices may prove useful in developing a viable investing in Beyond Minerals
Beyond Minerals Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. Beyond Minerals Inc. was incorporated in 2019 and is headquartered in Winnipeg, Canada. Beyond Minerals operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Beyond Minerals Pink Sheet Technical Analysis
Beyond Minerals 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
Beyond Minerals Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Beyond Minerals December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Beyond Minerals 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 Beyond Minerals shares will generate the highest return on investment. By undertsting and applying Beyond Minerals pink sheet market strength indicators, traders can identify Beyond Minerals entry and exit signals to maximize returns
Beyond Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Beyond Minerals' price direction in advance. Along with the technical and fundamental analysis of Beyond Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Beyond 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 | 0.0508 | |||
| Jensen Alpha | 1.32 | |||
| Total Risk Alpha | (1.69) | |||
| Sortino Ratio | 0.0592 | |||
| Treynor Ratio | (0.28) |
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Complementary Tools for Beyond Pink Sheet analysis
When running Beyond Minerals' price analysis, check to measure Beyond Minerals' 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 Beyond Minerals is operating at the current time. Most of Beyond Minerals' value examination focuses on studying past and present price action to predict the probability of Beyond Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beyond Minerals' price. Additionally, you may evaluate how the addition of Beyond Minerals to your portfolios can decrease your overall portfolio volatility.
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