Camino Minerals Stock Price on October 28, 2024
If you're considering investing in Camino Stock, it is important to understand the factors that can impact its price. At this stage we consider Camino Stock to be out of control. Camino Minerals secures Sharpe Ratio (or Efficiency) of 0.0252, which signifies that the company had a 0.0252% return per unit of risk over the last 3 months. We have found thirteen technical indicators for Camino Minerals, which you can use to evaluate the volatility of the firm. Please confirm Camino Minerals' Risk Adjusted Performance of 0.0269, mean deviation of 1.42, and Standard Deviation of 5.24 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
Camino Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Camino |
Sharpe Ratio = 0.0252
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | COR | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.24 actual daily | 46 54% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 1 99% of assets perform better |
Based on monthly moving average Camino Minerals is performing at about 1% 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 Camino Minerals by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Camino Minerals Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Camino Minerals cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Camino Minerals December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Camino Minerals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Camino Minerals shares will generate the highest return on investment. By undertsting and applying Camino Minerals stock market strength indicators, traders can identify Camino Minerals entry and exit signals to maximize returns
Camino Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Camino Minerals' price direction in advance. Along with the technical and fundamental analysis of Camino Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Camino 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 | 0.0269 | |||
| Jensen Alpha | 0.0673 | |||
| Total Risk Alpha | (0.71) | |||
| Treynor Ratio | 0.2546 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Other Tools for Camino Stock
When running Camino Minerals' price analysis, check to measure Camino 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 Camino Minerals is operating at the current time. Most of Camino Minerals' value examination focuses on studying past and present price action to predict the probability of Camino Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Camino Minerals' price. Additionally, you may evaluate how the addition of Camino Minerals to your portfolios can decrease your overall portfolio volatility.
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |