Emerald Resources Nl Stock Price on November 29, 2024

EOGSF Stock  USD 2.21  0.36  19.46%   
If you're considering investing in Emerald Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Emerald Resources stands at 2.21, as last reported on the 1st of December, with the highest price reaching 2.21 and the lowest price hitting 2.21 during the day. Emerald Resources secures Sharpe Ratio (or Efficiency) of -0.0241, which denotes the company had a -0.0241% return per unit of risk over the last 3 months. Emerald Resources NL exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Emerald Resources' Variance of 26.04, mean deviation of 1.45, and Standard Deviation of 5.1 to check the risk estimate we provide.
  
Emerald Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0241

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Estimated Market Risk

 5.13
  actual daily
45
55% of assets are more volatile

Expected Return

 -0.12
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Emerald Resources is not performing at its full potential. However, 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 Emerald Resources by adding Emerald Resources to a well-diversified portfolio.

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Emerald Resources Valuation on November 29, 2024

It is possible to determine the worth of Emerald Resources on a given historical date. On November 29, 2024 Emerald was worth 2.21 at the beginning of the trading date compared to the closed value of 2.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Emerald Resources pink sheet. Still, in general, we apply an absolute valuation method to find Emerald 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 Emerald Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Emerald Resources' related companies.
 Open High Low Close Volume
  2.75    2.75    2.21    2.21    100.00  
11/29/2024
  2.21    2.21    2.21    2.21    1.00  
  2.21    2.21    2.21    2.21    0.00  
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Open Value
2.21
2.21
Closing Value
17.59
Upside

Emerald Resources Trading Date Momentum on November 29, 2024

On December 01 2024 Emerald Resources NL was traded for  2.21  at the closing time. The highest daily price throughout the period was 2.21  and the lowest price was  2.21 . There was no trading activity during the period 0.0. Lack of trading volume on 12/01/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% .

Emerald Resources Fundamentals Correlations and Trends

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

About Emerald Resources Pink Sheet history

Emerald 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 Emerald is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Emerald 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 Emerald Resources stock prices may prove useful in developing a viable investing in Emerald Resources
Emerald Resources NL engages in the exploration and development of mineral reserves in Cambodia and Australia. The company was incorporated in 1969 and is headquartered in West Perth, Australia. Emerald Oil operates under Gold classification in the United States and is traded on OTC Exchange. It employs 246 people.

Emerald Resources Pink Sheet Technical Analysis

Emerald 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.
A focus of Emerald Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Emerald Resources 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

Emerald Resources Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

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Emerald Resources NL 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.

Emerald Resources December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Emerald 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 Emerald Resources shares will generate the highest return on investment. By undertsting and applying Emerald Resources pink sheet market strength indicators, traders can identify Emerald Resources NL entry and exit signals to maximize returns

Emerald Resources Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Emerald Resources' price direction in advance. Along with the technical and fundamental analysis of Emerald Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Emerald 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 Emerald Pink Sheet analysis

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