Lundin Mining Price on December 29, 2022
LUNMFDelisted Stock | USD 7.12 0.11 1.52% |
If you're considering investing in Lundin Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Lundin Mining stands at 7.12, as last reported on the 27th of November, with the highest price reaching 7.25 and the lowest price hitting 7.12 during the day. We have found thirty technical indicators for Lundin Mining, which you can use to evaluate the volatility of the firm. Please verify Lundin Mining's Mean Deviation of 2.09, risk adjusted performance of 0.0904, and Downside Deviation of 2.73 to check out if the risk estimate we provide is consistent with the expected return of 0.0%.
Lundin Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
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Based on monthly moving average Lundin Mining 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 Lundin Mining by adding Lundin Mining to a well-diversified portfolio.
Lundin Mining Valuation on December 29, 2022
It is possible to determine the worth of Lundin Mining on a given historical date. On December 29, 2022 Lundin was worth 5.95 at the beginning of the trading date compared to the closed value of 6.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lundin Mining pink sheet. Still, in general, we apply an absolute valuation method to find Lundin Mining'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 Lundin Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lundin Mining's related companies.
Open | High | Low | Close | Volume | |
6.01 | 6.33 | 6.01 | 6.13 | 289,200 | |
12/29/2022 | 5.95 | 6.27 | 5.95 | 6.24 | 161,700 |
5.92 | 6.24 | 5.92 | 6.14 | 19,000 |
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Lundin Mining Trading Date Momentum on December 29, 2022
On December 30 2022 Lundin Mining was traded for 6.14 at the closing time. The highest daily price throughout the period was 6.24 and the lowest price was 5.92 . The daily volume was 19 K. The net trading volume on 12/30/2022 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.60% . The trading delta at closing time to current closing price is 12.18% . |
Lundin Mining Fundamentals Correlations and Trends
By evaluating Lundin Mining'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 Lundin Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lundin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lundin Mining Pink Sheet history
Lundin Mining 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 Lundin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lundin Mining 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 Lundin Mining stock prices may prove useful in developing a viable investing in Lundin Mining
Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Brazil, Chile, Portugal, Sweden, and the United States. Lundin Mining Corporation was incorporated in 1994 and is headquartered in Toronto, Canada. Lundin Mng operates under Copper classification in the United States and is traded on OTC Exchange. It employs 4567 people.
Lundin Mining Pink Sheet Technical Analysis
Lundin Mining 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.
Price Boundaries
Lundin Mining Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Lundin Mining 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.
Lundin Mining November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Lundin Mining 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 Lundin Mining shares will generate the highest return on investment. By undertsting and applying Lundin Mining pink sheet market strength indicators, traders can identify Lundin Mining entry and exit signals to maximize returns
Lundin Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lundin Mining's price direction in advance. Along with the technical and fundamental analysis of Lundin Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lundin 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 | 0.0904 | |||
Jensen Alpha | 0.2674 | |||
Total Risk Alpha | (0.13) | |||
Sortino Ratio | 0.054 | |||
Treynor Ratio | 92.31 |
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Other Consideration for investing in Lundin Pink Sheet
If you are still planning to invest in Lundin Mining check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Lundin Mining's history and understand the potential risks before investing.
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