Labrador Iron Ore Stock Price on July 14, 2023

LIFZF Stock  USD 21.20  0.15  0.71%   
If you're considering investing in Labrador Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Labrador Iron stands at 21.20, as last reported on the 4th of December, with the highest price reaching 21.24 and the lowest price hitting 21.19 during the day. Labrador Iron Ore has Sharpe Ratio of -9.0E-4, which conveys that the firm had a -9.0E-4% return per unit of risk over the last 3 months. Labrador Iron exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Labrador Iron's Risk Adjusted Performance of (0.02), standard deviation of 1.57, and Mean Deviation of 1.16 to check out the risk estimate we provide.
  
Labrador Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -9.0E-4

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Estimated Market Risk

 1.55
  actual daily
13
87% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Labrador Iron 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 Labrador Iron by adding Labrador Iron to a well-diversified portfolio.

Labrador Iron Valuation on July 14, 2023

It is possible to determine the worth of Labrador Iron on a given historical date. On July 14, 2023 Labrador was worth 20.92 at the beginning of the trading date compared to the closed value of 20.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Labrador Iron pink sheet. Still, in general, we apply an absolute valuation method to find Labrador Iron'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 Labrador Iron where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Labrador Iron's related companies.
 Open High Low Close Volume
  20.93    21.12    20.93    21.03    1,270  
07/14/2023
  20.92    20.92    20.55    20.66    4,631  
  20.69    20.69    20.56    20.56    5,365  
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Open Value
20.92
20.66
Closing Value
25.57
Upside

Labrador Iron Trading Date Momentum on July 14, 2023

On July 17 2023 Labrador Iron Ore was traded for  20.56  at the closing time. The highest daily price throughout the period was 20.69  and the lowest price was  20.56 . The daily volume was 5.4 K. The net trading volume on 07/17/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.48% . The trading delta at closing time to current closing price is 3.63% .

Labrador Iron Ore Fundamentals Correlations and Trends

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

About Labrador Iron Pink Sheet history

Labrador Iron 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 Labrador is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Labrador Iron Ore 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 Labrador Iron stock prices may prove useful in developing a viable investing in Labrador Iron
Labrador Iron Ore Royalty Corporation, through its subsidiary, Hollinger-Hanna Limited, holds a 15.10 percent equity interest in Iron Ore Company of Canada that produces and processes iron ores at Labrador City, Newfoundland and Labrador. Labrador Iron Ore Royalty Corporation is based in Toronto, Canada. Labrador Iron is traded on OTC Exchange in the United States.

Labrador Iron Pink Sheet Technical Analysis

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

Labrador Iron Period Price Range

Low
December 4, 2024
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High

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Labrador Iron Ore 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.

Labrador Iron December 4, 2024 Market Strength

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

Labrador Iron Technical and Predictive Indicators

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

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