Corsa Coal Corp Stock Price on April 3, 2024

CRSXF Stock  USD 0.19  0.01  5.56%   
If you're considering investing in Corsa OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Corsa Coal stands at 0.19, as last reported on the 1st of December, with the highest price reaching 0.19 and the lowest price hitting 0.19 during the day. Corsa Coal appears to be out of control, given 3 months investment horizon. Corsa Coal Corp secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1% return per unit of risk over the last 3 months. By analyzing Corsa Coal's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please makes use of Corsa Coal's Downside Deviation of 7.84, mean deviation of 4.82, and Risk Adjusted Performance of 0.0733 to double-check if our risk estimates are consistent with your expectations.
  
Corsa OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1014

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Estimated Market Risk

 7.0
  actual daily
62
62% of assets are less volatile

Expected Return

 0.71
  actual daily
14
86% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average Corsa Coal is performing at about 7% 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 Corsa Coal by adding it to a well-diversified portfolio.

Corsa Coal Valuation on April 3, 2024

It is possible to determine the worth of Corsa Coal on a given historical date. On April 3, 2024 Corsa was worth 0.19 at the beginning of the trading date compared to the closed value of 0.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Corsa Coal otc stock. Still, in general, we apply an absolute valuation method to find Corsa Coal'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 Corsa Coal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Corsa Coal's related companies.
 Open High Low Close Volume
  0.21    0.21    0.19    0.19    261,900  
04/03/2024
  0.19    0.24    0.19    0.23    222,700  
  0.23    0.24    0.23    0.24    13,800  
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Open Value
0.19
0.23
Closing Value
21.20
Upside

Corsa Coal Trading Date Momentum on April 3, 2024

On April 04 2024 Corsa Coal Corp was traded for  0.24  at the closing time. The highest daily price throughout the period was 0.24  and the lowest price was  0.23 . The daily volume was 13.8 K. The net trading volume on 04/04/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 4.35% . The overall trading delta to current closing price is 13.04% .

Corsa Coal Corp Fundamentals Correlations and Trends

By evaluating Corsa Coal'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 Corsa Coal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Corsa financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Corsa Coal OTC Stock history

Corsa Coal 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 Corsa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Corsa Coal Corp 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 Corsa Coal stock prices may prove useful in developing a viable investing in Corsa Coal
Corsa Coal Corp. mines, processes, and sells metallurgical coal. It markets and sells its coal in North America, South America, Asia, and Europe. Corsa Capital operates under Coking Coal classification in the United States and is traded on OTC Exchange. It employs 350 people.

Corsa Coal OTC Stock Technical Analysis

Corsa Coal 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.
A focus of Corsa Coal technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Corsa Coal trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Corsa Coal Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Corsa Coal Corp 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.

Corsa Coal December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Corsa Coal 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 Corsa Coal shares will generate the highest return on investment. By undertsting and applying Corsa Coal otc stock market strength indicators, traders can identify Corsa Coal Corp entry and exit signals to maximize returns

Corsa Coal Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Corsa Coal's price direction in advance. Along with the technical and fundamental analysis of Corsa OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Corsa 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.

Complementary Tools for Corsa OTC Stock analysis

When running Corsa Coal's price analysis, check to measure Corsa Coal'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 Corsa Coal is operating at the current time. Most of Corsa Coal's value examination focuses on studying past and present price action to predict the probability of Corsa Coal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corsa Coal's price. Additionally, you may evaluate how the addition of Corsa Coal to your portfolios can decrease your overall portfolio volatility.
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