Green Minerals (Norway) Price on September 18, 2024
| GEM Stock | NOK 6.48 0.02 0.31% |
If you're considering investing in Green Stock, it is important to understand the factors that can impact its price. As of today, the current price of Green Minerals stands at 6.48, as last reported on the 30th of November, with the highest price reaching 6.50 and the lowest price hitting 5.64 during the day. Green Minerals AS holds Efficiency (Sharpe) Ratio of -0.0512, which attests that the entity had a -0.0512% return per unit of risk over the last 3 months. Green Minerals AS exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Green Minerals' Market Risk Adjusted Performance of 1.49, risk adjusted performance of (0.03), and Standard Deviation of 3.37 to validate the risk estimate we provide.
Green Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Green |
Sharpe Ratio = -0.0512
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GEM |
Estimated Market Risk
| 3.37 actual daily | 30 70% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Green Minerals 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 Green Minerals by adding Green Minerals to a well-diversified portfolio.
Green Minerals Valuation on September 18, 2024
It is possible to determine the worth of Green Minerals on a given historical date. On September 18, 2024 Green was worth 6.5 at the beginning of the trading date compared to the closed value of 6.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Green Minerals stock. Still, in general, we apply an absolute valuation method to find Green Minerals' 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 Green Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Green Minerals' related companies.
| Open | High | Low | Close | Volume | |
| 6.34 | 7.16 | 6.22 | 6.50 | 6,136 | |
09/18/2024 | 6.50 | 6.90 | 6.26 | 6.66 | 33,379 |
| 6.50 | 7.04 | 6.20 | 6.70 | 18,074 |
| Backtest Green Minerals | | | Green Minerals History | | | Green Minerals Valuation | Previous | Next |
Green Minerals Trading Date Momentum on September 18, 2024
| On September 19 2024 Green Minerals AS was traded for 6.70 at the closing time. The maximum traded price for the trading interval was 7.04 and the lowest daily price was 6.20 . The daily volume was recorded at 18.1 K. The volume of trading on 19th of September 2024 played a part in the next trading day price upswing. The overall trading delta to the next closing price was 0.60% . The overall trading delta to the closing price today is 7.81% . |
Green Minerals AS Fundamentals Correlations and Trends
By evaluating Green Minerals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Green Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Green financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Green Minerals Stock history
Green Minerals 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 Green is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Green Minerals AS 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 Green Minerals stock prices may prove useful in developing a viable investing in Green Minerals
Green Minerals AS, a development stage company, engages in the deep sea mining of metals, marine minerals, and rare earth elements. Green Minerals AS is a subsidiary of Seabird Exploration Plc. GREEN MINERALS is traded on Oslo Stock Exchange in Norway.
Green Minerals Stock Technical Analysis
Green Minerals technical 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, stock market cycles, or different charting patterns.
Price Boundaries
Green Minerals Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Green Minerals AS cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo Stock 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.
Green Minerals November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Green Minerals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Green Minerals shares will generate the highest return on investment. By undertsting and applying Green Minerals stock market strength indicators, traders can identify Green Minerals AS entry and exit signals to maximize returns
Green Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Green Minerals' price direction in advance. Along with the technical and fundamental analysis of Green Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Green 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 | (0.03) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | 1.48 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Green Stock
Green Minerals financial ratios help investors to determine whether Green Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Green with respect to the benefits of owning Green Minerals security.