Decade Resources Stock Price on November 22, 2024
DECXF Stock | USD 0.03 0 3.33% |
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 30th 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 0.0374, which denotes the company had a 0.0374% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Decade Resources, which you can use to evaluate the volatility of the firm. Please utilize Decade Resources' Mean Deviation of 4.52, semi deviation of 7.54, and Downside Deviation of 19.98 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 = 0.0374
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Estimated Market Risk
11.4 actual daily | 96 96% of assets are less volatile |
Expected Return
0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
0.04 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 November 22, 2024
It is possible to determine the worth of Decade Resources on a given historical date. On November 22, 2024 Decade was worth 0.03 at the beginning of the trading date compared to the closed value of 0.03. 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 | |
0.03 | 0.03 | 0.03 | 0.03 | 1.00 | |
11/22/2024 | 0.03 | 0.03 | 0.03 | 0.03 | 1.00 |
0.03 | 0.03 | 0.03 | 0.03 | 1.00 |
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Decade Resources Trading Date Momentum on November 22, 2024
On November 25 2024 Decade Resources was traded for 0.03 at the closing time. The highest daily price throughout the period was 0.03 and the lowest price was 0.03 . There was no trading activity during the period 1.0. Lack of trading volume on 11/25/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
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 30, 2024
| High |
0.00 | 0.00 |
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Decade Resources November 30, 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 | 0.0241 | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (1.67) | |||
Sortino Ratio | 0.004 | |||
Treynor Ratio | 0.0817 |
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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.
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