Clean Air Metals Stock Price on October 15, 2024
| CLRMF Stock | USD 0.04 0 5.13% |
If you're considering investing in Clean OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Clean Air stands at 0.04, as last reported on the 26th of November, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. Clean Air is out of control given 3 months investment horizon. Clean Air Metals secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of standard deviation over the last 3 months. We have collected data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.04% are justified by taking the suggested risk. Use Clean Air mean deviation of 6.49, and Risk Adjusted Performance of 0.0979 to evaluate company specific risk that cannot be diversified away.
Clean OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Clean |
Sharpe Ratio = 0.1055
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Estimated Market Risk
| 9.83 actual daily | 87 87% of assets are less volatile |
Expected Return
| 1.04 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Clean Air is performing at about 8% 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 Clean Air by adding it to a well-diversified portfolio.
Clean Air Valuation on October 15, 2024
It is possible to determine the worth of Clean Air on a given historical date. On October 15, 2024 Clean was worth 0.053 at the beginning of the trading date compared to the closed value of 0.056. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Clean Air otc stock. Still, in general, we apply an absolute valuation method to find Clean Air'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 Clean Air where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Clean Air's related companies.
| Open | High | Low | Close | Volume | |
| 0.05 | 0.05 | 0.05 | 0.05 | 1,000.00 | |
10/15/2024 | 0.05 | 0.06 | 0.05 | 0.06 | 107,300 |
| 0.06 | 0.06 | 0.05 | 0.05 | 155,200 |
| Backtest Clean Air | | | Clean Air History | | | Clean Air Valuation | Previous | Next |
Clean Air Trading Date Momentum on October 15, 2024
| On October 16 2024 Clean Air Metals was traded for 0.05 at the closing time. The highest daily price throughout the period was 0.06 and the lowest price was 0.05 . The daily volume was 155.2 K. The net trading volume on 10/16/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 5.36% . The overall trading delta to current closing price is 21.43% . |
Clean Air Metals Fundamentals Correlations and Trends
By evaluating Clean Air'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 Clean Air's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Clean financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Clean Air OTC Stock history
Clean Air 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 Clean is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Clean Air Metals 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 Clean Air stock prices may prove useful in developing a viable investing in Clean Air
Clean Air Metals Inc., an exploration stage company, engages in the identification, acquisition, exploration, and development of mineral properties in Canada. The company was formerly known as Regency Gold Corp. and changed its name to Clean Air Metals Inc. in April 2020. Clean Air is traded on OTC Exchange in the United States.
Clean Air OTC Stock Technical Analysis
Clean Air 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
Clean Air Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Clean Air Metals cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
Clean Air November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Clean Air 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 Clean Air shares will generate the highest return on investment. By undertsting and applying Clean Air otc stock market strength indicators, traders can identify Clean Air Metals entry and exit signals to maximize returns
Clean Air Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Clean Air's price direction in advance. Along with the technical and fundamental analysis of Clean OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Clean 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 | 0.0979 | |||
| Jensen Alpha | 0.9214 | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | 0.1327 | |||
| Treynor Ratio | 0.6946 |
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| Volume Indicators |
Complementary Tools for Clean OTC Stock analysis
When running Clean Air's price analysis, check to measure Clean Air'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 Clean Air is operating at the current time. Most of Clean Air's value examination focuses on studying past and present price action to predict the probability of Clean Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clean Air's price. Additionally, you may evaluate how the addition of Clean Air to your portfolios can decrease your overall portfolio volatility.
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