Laramide Resources Stock Price on November 4, 2024
| LMRXF Stock | USD 0.54 0.01 1.82% |
If you're considering investing in Laramide OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Laramide Resources stands at 0.54, as last reported on the 23rd of November, with the highest price reaching 0.55 and the lowest price hitting 0.54 during the day. Laramide Resources appears to be out of control, given 3 months investment horizon. Laramide Resources has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. By analyzing Laramide Resources' technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please exercise Laramide Resources' Mean Deviation of 3.61, risk adjusted performance of 0.1027, and Downside Deviation of 4.09 to check out if our risk estimates are consistent with your expectations.
Laramide OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Laramide |
Sharpe Ratio = 0.1176
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Estimated Market Risk
| 4.87 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Laramide Resources is performing at about 9% 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 Laramide Resources by adding it to a well-diversified portfolio.
Laramide Resources Valuation on November 4, 2024
It is possible to determine the worth of Laramide Resources on a given historical date. On November 4, 2024 Laramide was worth 0.52 at the beginning of the trading date compared to the closed value of 0.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Laramide Resources otc stock. Still, in general, we apply an absolute valuation method to find Laramide 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 Laramide Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Laramide Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.55 | 0.55 | 0.54 | 0.54 | 13,500 | |
11/04/2024 | 0.52 | 0.53 | 0.52 | 0.53 | 4,100 |
| 0.54 | 0.54 | 0.54 | 0.54 | 12,000 |
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Laramide Resources Trading Date Momentum on November 4, 2024
| On November 05 2024 Laramide Resources was traded for 0.54 at the closing time. The highest daily price throughout the period was 0.54 and the lowest price was 0.54 . The daily volume was 12 K. The net trading volume on 11/05/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 1.89% . The trading delta at closing time to current closing price is 3.77% . |
Laramide Resources Fundamentals Correlations and Trends
By evaluating Laramide 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 Laramide Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Laramide financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Laramide Resources OTC Stock history
Laramide 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 Laramide is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Laramide 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 Laramide Resources stock prices may prove useful in developing a viable investing in Laramide Resources
Laramide Resources Ltd. engages in the mining, exploration, and development of uranium assets in Australia, Canada, and the United States. The company was incorporated in 1980 and is headquartered in Toronto, Canada. Laramide Res operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 6 people.
Laramide Resources OTC Stock Technical Analysis
Laramide Resources 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
Laramide Resources Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Laramide Resources cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.
Laramide Resources November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Laramide Resources 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 Laramide Resources shares will generate the highest return on investment. By undertsting and applying Laramide Resources otc stock market strength indicators, traders can identify Laramide Resources entry and exit signals to maximize returns
Laramide Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Laramide Resources' price direction in advance. Along with the technical and fundamental analysis of Laramide OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Laramide 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 | 0.1027 | |||
| Jensen Alpha | 0.6456 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.1177 | |||
| Treynor Ratio | (1.67) |
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Complementary Tools for Laramide OTC Stock analysis
When running Laramide Resources' price analysis, check to measure Laramide 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 Laramide Resources is operating at the current time. Most of Laramide Resources' value examination focuses on studying past and present price action to predict the probability of Laramide Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Laramide Resources' price. Additionally, you may evaluate how the addition of Laramide Resources to your portfolios can decrease your overall portfolio volatility.
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