Champion Iron Limited Stock Price on October 25, 2024
CIAFF Stock | USD 3.60 0.17 4.51% |
If you're considering investing in Champion OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Champion Iron stands at 3.60, as last reported on the 30th of November, with the highest price reaching 3.60 and the lowest price hitting 3.60 during the day. Champion Iron Limited secures Sharpe Ratio (or Efficiency) of -0.015, which signifies that the company had a -0.015% return per unit of standard deviation over the last 3 months. Champion Iron Limited exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Champion Iron's risk adjusted performance of 0.0235, and Mean Deviation of 2.2 to double-check the risk estimate we provide.
Champion OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Champion |
Sharpe Ratio = -0.015
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Estimated Market Risk
4.73 actual daily | 42 58% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Champion Iron 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 Champion Iron by adding Champion Iron to a well-diversified portfolio.
Champion Iron Valuation on October 25, 2024
It is possible to determine the worth of Champion Iron on a given historical date. On October 25, 2024 Champion was worth 3.98 at the beginning of the trading date compared to the closed value of 3.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Champion Iron otc stock. Still, in general, we apply an absolute valuation method to find Champion Iron'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 Champion Iron where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Champion Iron's related companies.
Open | High | Low | Close | Volume | |
3.98 | 3.98 | 3.98 | 3.98 | 73,000 | |
10/25/2024 | 3.98 | 3.98 | 3.98 | 3.98 | 1.00 |
3.82 | 3.82 | 3.82 | 3.82 | 2,400 |
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Champion Iron Trading Date Momentum on October 25, 2024
On October 28 2024 Champion Iron Limited was traded for 3.82 at the closing time. The highest daily price throughout the period was 3.82 and the lowest price was 3.82 . The daily volume was 2.4 K. The net trading volume on 10/28/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 4.02% . The overall trading delta to current closing price is 4.02% . |
Champion Iron Limited Fundamentals Correlations and Trends
By evaluating Champion Iron'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 Champion Iron's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Champion financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Champion Iron OTC Stock history
Champion Iron 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 Champion is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Champion Iron Limited 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 Champion Iron stock prices may prove useful in developing a viable investing in Champion Iron
Champion Iron Limited engages in the acquisition, exploration, development, and production of iron ore deposits in Canada. The company sells its iron ore concentrate in China, Japan, the Middle East, Europe, South Korea, India, and internationally. Champion Iron operates under Steel classification in the United States and is traded on OTC Exchange.
Champion Iron OTC Stock Technical Analysis
Champion Iron 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
Champion Iron Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Champion Iron Limited 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.
Champion Iron November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Champion Iron 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 Champion Iron shares will generate the highest return on investment. By undertsting and applying Champion Iron otc stock market strength indicators, traders can identify Champion Iron Limited entry and exit signals to maximize returns
Champion Iron Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Champion Iron's price direction in advance. Along with the technical and fundamental analysis of Champion OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Champion 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 | 0.0235 | |||
Jensen Alpha | 0.0753 | |||
Total Risk Alpha | (0.72) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 1.12 |
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When running Champion Iron's price analysis, check to measure Champion Iron'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 Champion Iron is operating at the current time. Most of Champion Iron's value examination focuses on studying past and present price action to predict the probability of Champion Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Champion Iron's price. Additionally, you may evaluate how the addition of Champion Iron to your portfolios can decrease your overall portfolio volatility.
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