Decade Resources Stock Price on August 9, 2023
| DECXF Stock | USD 0.03 0 3.23% |
If you're considering investing in Decade Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Decade Resources stands at 0.03, as last reported on the 24th of November, with the highest price reaching 0.03 and the lowest price hitting 0.03 during the day. Decade Resources appears to be out of control, given 3 months investment horizon. Decade Resources secures Sharpe Ratio (or Efficiency) of 0.034, which denotes the company had a 0.034% return per unit of standard deviation over the last 3 months. We have found twenty-two technical indicators for Decade Resources, which you can use to evaluate the volatility of the firm. Please utilize Decade Resources' Coefficient Of Variation of (27,860), standard deviation of 11.91, and Mean Deviation of 4.98 to check if our risk estimates are consistent with your expectations.
Decade Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Decade |
Sharpe Ratio = 0.034
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | DECXF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 11.47 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Decade Resources is performing at about 2% 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 Decade Resources by adding it to a well-diversified portfolio.
Decade Resources Valuation on August 9, 2023
It is possible to determine the worth of Decade Resources on a given historical date. On August 9, 2023 Decade was worth 0.14 at the beginning of the trading date compared to the closed value of 0.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Decade Resources pink sheet. Still, in general, we apply an absolute valuation method to find Decade Resources' 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 Decade Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Decade Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.07 | 0.07 | 0.07 | 0.07 | 1.00 | |
08/09/2023 | 0.14 | 0.19 | 0.14 | 0.17 | 331,394 |
| 0.19 | 0.20 | 0.15 | 0.18 | 350,938 |
| Backtest Decade Resources | | | Decade Resources History | | | Decade Resources Valuation | Previous | Next |
Decade Resources Trading Date Momentum on August 9, 2023
| On August 10 2023 Decade Resources was traded for 0.18 at the closing time. The highest daily price throughout the period was 0.20 and the lowest price was 0.15 . The daily volume was 350.9 K. The net trading volume on 08/10/2023 added to the next day price rise. The overall trading delta to closing price of the next trading day was 5.88% . The overall trading delta to current closing price is 17.65% . |
Decade Resources Fundamentals Correlations and Trends
By evaluating Decade Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Decade Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Decade financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Decade Resources Pink Sheet history
Decade Resources 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 Decade is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Decade Resources 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 Decade Resources stock prices may prove useful in developing a viable investing in Decade Resources
Decade Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company was incorporated in 2006 and is headquartered in Stewart, Canada. Decade Resources is traded on OTC Exchange in the United States.
Decade Resources Pink Sheet Technical Analysis
Decade Resources 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
Decade Resources Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Decade Resources cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Decade Resources November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Decade Resources 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 Decade Resources shares will generate the highest return on investment. By undertsting and applying Decade Resources pink sheet market strength indicators, traders can identify Decade Resources entry and exit signals to maximize returns
Decade Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Decade Resources' price direction in advance. Along with the technical and fundamental analysis of Decade Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Decade 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 | 0.0066 | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (1.93) | |||
| Treynor Ratio | (0.02) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Decade Pink Sheet analysis
When running Decade Resources' price analysis, check to measure Decade Resources' 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 Decade Resources is operating at the current time. Most of Decade Resources' value examination focuses on studying past and present price action to predict the probability of Decade Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Decade Resources' price. Additionally, you may evaluate how the addition of Decade Resources to your portfolios can decrease your overall portfolio volatility.
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges |