Euro Manganese Stock Price on September 5, 2023

EUMNF Stock  USD 0.03  0  5.56%   
If you're considering investing in Euro OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Euro Manganese 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. Euro Manganese appears to be out of control, given 3 months investment horizon. Euro Manganese secures Sharpe Ratio (or Efficiency) of 0.0448, which denotes the company had a 0.0448% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Euro Manganese, which you can use to evaluate the volatility of the firm. Please utilize Euro Manganese's Downside Deviation of 12.8, mean deviation of 5.73, and Coefficient Of Variation of 2230.58 to check if our risk estimates are consistent with your expectations.
  
Euro OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0448

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Estimated Market Risk

 10.39
  actual daily
92
92% of assets are less volatile

Expected Return

 0.47
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average Euro Manganese 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 Euro Manganese by adding it to a well-diversified portfolio.

Euro Manganese Valuation on September 5, 2023

It is possible to determine the worth of Euro Manganese on a given historical date. On September 5, 2023 Euro was worth 0.13 at the beginning of the trading date compared to the closed value of 0.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Euro Manganese otc stock. Still, in general, we apply an absolute valuation method to find Euro Manganese'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 Euro Manganese where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Euro Manganese's related companies.
 Open High Low Close Volume
  0.13    0.13    0.13    0.13    1.00  
09/05/2023
  0.13    0.13    0.13    0.13    1.00  
  0.13    0.13    0.13    0.13    400.00  
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Open Value
0.13
0.13
Closing Value
31.29
Upside

Euro Manganese Trading Date Momentum on September 5, 2023

On September 06 2023 Euro Manganese was traded for  0.13  at the closing time. The highest daily price throughout the period was 0.13  and the lowest price was  0.13 . The daily volume was 400. The net trading volume on 09/06/2023 did not affect price variability. The overall trading delta to current closing price is 15.38% .

Euro Manganese Fundamentals Correlations and Trends

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

About Euro Manganese OTC Stock history

Euro Manganese 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 Euro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Euro Manganese 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 Euro Manganese stock prices may prove useful in developing a viable investing in Euro Manganese
Euro Manganese Inc. engages in the evaluation, exploration, and development of mineral assets. Euro Manganese Inc. was incorporated in 2014 and is based in Vancouver, Canada. Euro Managanese operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 17 people.

Euro Manganese OTC Stock Technical Analysis

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

Euro Manganese Period Price Range

Low
November 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Euro Manganese 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.

Euro Manganese November 24, 2024 Market Strength

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

Euro Manganese Technical and Predictive Indicators

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

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