Evolution Mining Stock Price on January 16, 2024
| CAHPF Stock | USD 3.16 0.14 4.24% |
If you're considering investing in Evolution Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Evolution Mining stands at 3.16, as last reported on the 30th of November, with the highest price reaching 3.16 and the lowest price hitting 3.16 during the day. Evolution Mining appears to be risky, given 3 months investment horizon. Evolution Mining secures Sharpe Ratio (or Efficiency) of 0.0757, which denotes the company had a 0.0757% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Evolution Mining, which you can use to evaluate the volatility of the firm. Please utilize Evolution Mining's Mean Deviation of 2.54, coefficient of variation of 1245.36, and Downside Deviation of 3.79 to check if our risk estimates are consistent with your expectations.
Evolution Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Evolution |
Sharpe Ratio = 0.0757
| Best Portfolio | Best Equity | |||
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| Small Returns | CAHPF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.46 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average Evolution Mining 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 Evolution Mining by adding it to a well-diversified portfolio.
Evolution Mining Valuation on January 16, 2024
It is possible to determine the worth of Evolution Mining on a given historical date. On January 16, 2024 Evolution was worth 2.46 at the beginning of the trading date compared to the closed value of 2.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Evolution Mining pink sheet. Still, in general, we apply an absolute valuation method to find Evolution 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 Evolution Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Evolution Mining's related companies.
| Open | High | Low | Close | Volume | |
| 2.50 | 2.50 | 2.45 | 2.46 | 773.00 | |
01/16/2024 | 2.46 | 2.46 | 2.37 | 2.37 | 1,400 |
| 2.07 | 2.07 | 1.91 | 1.91 | 2,258 |
| Backtest Evolution Mining | | | Evolution Mining History | | | Evolution Mining Valuation | Previous | Next |
Evolution Mining Trading Date Momentum on January 16, 2024
| On January 17 2024 Evolution Mining was traded for 1.91 at the closing time. The highest daily price throughout the period was 2.07 and the lowest price was 1.91 . The daily volume was 2.3 K. The net trading volume on 01/17/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 19.41% . The overall trading delta to current closing price is 14.77% . |
Evolution Mining Fundamentals Correlations and Trends
By evaluating Evolution 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 Evolution Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Evolution financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Evolution Mining Pink Sheet history
Evolution 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 Evolution is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Evolution Mining 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 Evolution Mining stock prices may prove useful in developing a viable investing in Evolution Mining
Evolution Mining Limited engages in the exploration, mine development, mine operations, and sale of gold and gold-copper concentrates in Australia and Canada. Evolution Mining Limited was incorporated in 1998 and is based in Sydney, Australia. Evolution Mining operates under Gold classification in the United States and is traded on OTC Exchange.
Evolution Mining Pink Sheet Technical Analysis
Evolution Mining 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
Evolution Mining Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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Evolution Mining November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Evolution Mining 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 Evolution Mining shares will generate the highest return on investment. By undertsting and applying Evolution Mining pink sheet market strength indicators, traders can identify Evolution Mining entry and exit signals to maximize returns
Evolution Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Evolution Mining's price direction in advance. Along with the technical and fundamental analysis of Evolution Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Evolution 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 | 0.0693 | |||
| Jensen Alpha | 0.2639 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | 0.0406 | |||
| Treynor Ratio | 2.04 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Evolution Pink Sheet analysis
When running Evolution Mining's price analysis, check to measure Evolution 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 Evolution Mining is operating at the current time. Most of Evolution Mining's value examination focuses on studying past and present price action to predict the probability of Evolution 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 Evolution Mining's price. Additionally, you may evaluate how the addition of Evolution Mining to your portfolios can decrease your overall portfolio volatility.
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