Defense Metals Corp Stock Price on January 11, 2024
| DFMTF Stock | USD 0.07 0 1.32% |
If you're considering investing in Defense OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Defense Metals stands at 0.07, as last reported on the 27th of November, with the highest price reaching 0.08 and the lowest price hitting 0.07 during the day. Defense Metals appears to be out of control, given 3 months investment horizon. Defense Metals Corp secures Sharpe Ratio (or Efficiency) of 0.0411, which denotes the company had a 0.0411% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Defense Metals Corp, which you can use to evaluate the volatility of the firm. Please utilize Defense Metals' Standard Deviation of 7.78, mean deviation of 5.4, and Variance of 60.49 to check if our risk estimates are consistent with your expectations.
Defense OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Defense |
Sharpe Ratio = 0.0411
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Estimated Market Risk
| 7.39 actual daily | 65 65% of assets are less volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Defense Metals is performing at about 3% 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 Defense Metals by adding it to a well-diversified portfolio.
Defense Metals Valuation on January 11, 2024
It is possible to determine the worth of Defense Metals on a given historical date. On January 11, 2024 Defense was worth 0.2 at the beginning of the trading date compared to the closed value of 0.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Defense Metals otc stock. Still, in general, we apply an absolute valuation method to find Defense Metals' 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 Defense Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Defense Metals' related companies.
| Open | High | Low | Close | Volume | |
| 0.19 | 0.20 | 0.18 | 0.19 | 146,800 | |
01/11/2024 | 0.20 | 0.20 | 0.18 | 0.19 | 97,500 |
| 0.19 | 0.20 | 0.18 | 0.19 | 112,100 |
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Defense Metals Trading Date Momentum on January 11, 2024
| On January 12 2024 Defense Metals Corp was traded for 0.19 at the closing time. The highest daily price throughout the period was 0.20 and the lowest price was 0.18 . The daily volume was 112.1 K. The net trading volume on 01/12/2024 did not affect price variability. The overall trading delta to current closing price is 5.26% . |
Defense Metals Corp Fundamentals Correlations and Trends
By evaluating Defense Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Defense Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Defense financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Defense Metals OTC Stock history
Defense Metals 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 Defense is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Defense Metals 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 Defense Metals stock prices may prove useful in developing a viable investing in Defense Metals
Defense Metals Corp., engages in the acquisition, exploration, development, and evaluation of mineral properties in Canada. Defense Metals Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada. DEFENSE METALS is traded on OTC Exchange in the United States.
Defense Metals OTC Stock Technical Analysis
Defense Metals 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
Defense Metals Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Defense Metals Corp 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.
Defense Metals November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Defense Metals 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 Defense Metals shares will generate the highest return on investment. By undertsting and applying Defense Metals otc stock market strength indicators, traders can identify Defense Metals Corp entry and exit signals to maximize returns
Defense Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Defense Metals' price direction in advance. Along with the technical and fundamental analysis of Defense OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Defense 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 | (0.02) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (1.48) | |||
| Treynor Ratio | (0.44) |
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Complementary Tools for Defense OTC Stock analysis
When running Defense Metals' price analysis, check to measure Defense Metals' 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 Defense Metals is operating at the current time. Most of Defense Metals' value examination focuses on studying past and present price action to predict the probability of Defense Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Defense Metals' price. Additionally, you may evaluate how the addition of Defense Metals to your portfolios can decrease your overall portfolio volatility.
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