Themac Resources Group Stock Price on October 28, 2023
| MACQF Stock | USD 0.04 0.00 0.00% |
If you're considering investing in Themac Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Themac Resources stands at 0.04, as last reported on the 27th of November, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. Themac Resources is out of control given 3 months investment horizon. Themac Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We were able to break down and collect data for nineteen different technical indicators, which can help you to evaluate if expected returns of 2.75% are justified by taking the suggested risk. Use Themac Resources Coefficient Of Variation of 811.07, variance of 468.75, and Risk Adjusted Performance of 0.1039 to evaluate company specific risk that cannot be diversified away.
Themac Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Themac |
Sharpe Ratio = 0.1252
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Estimated Market Risk
| 21.99 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.75 actual daily | 54 54% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Themac 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 Themac Resources by adding it to a well-diversified portfolio.
Themac Resources Valuation on October 28, 2023
It is possible to determine the worth of Themac Resources on a given historical date. On October 28, 2023 Themac was worth 0.0409 at the beginning of the trading date compared to the closed value of 0.0409. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Themac Resources pink sheet. Still, in general, we apply an absolute valuation method to find Themac 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 Themac Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Themac Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.04 | 0.04 | 0.04 | 0.04 | 1.00 | |
10/27/2023 | 0.04 | 0.04 | 0.04 | 0.04 | 1.00 |
| 0.04 | 0.04 | 0.04 | 0.04 | 1.00 |
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Themac Resources Trading Date Momentum on October 28, 2023
| On October 30 2023 Themac Resources Group was traded for 0.04 at the closing time. The highest daily price throughout the period was 0.04 and the lowest price was 0.04 . There was no trading activity during the period 1.0. Lack of trading volume on 10/30/2023 did not result in any price rise and fall. The trading price change to current closing price is 0.00% . |
Themac Resources Fundamentals Correlations and Trends
By evaluating Themac 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 Themac Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Themac financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Themac Resources Pink Sheet history
Themac 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 Themac is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Themac 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 Themac Resources stock prices may prove useful in developing a viable investing in Themac Resources
THEMAC Resources Group Limited engages in acquiring, exploring, and developing natural resource properties in the United States. THEMAC Resources Group was incorporated in 1997 and is based in Vancouver, Canada. Themac Resources is traded on OTC Exchange in the United States.
Themac Resources Pink Sheet Technical Analysis
Themac Resources 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
Themac Resources Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Themac Resources Group 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.
Themac Resources November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Themac Resources 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 Themac Resources shares will generate the highest return on investment. By undertsting and applying Themac Resources pink sheet market strength indicators, traders can identify Themac Resources Group entry and exit signals to maximize returns
Themac Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Themac Resources' price direction in advance. Along with the technical and fundamental analysis of Themac Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Themac 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 | 0.1039 | |||
| Jensen Alpha | 1.97 | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | 0.4642 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Themac Pink Sheet analysis
When running Themac Resources' price analysis, check to measure Themac 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 Themac Resources is operating at the current time. Most of Themac Resources' value examination focuses on studying past and present price action to predict the probability of Themac Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Themac Resources' price. Additionally, you may evaluate how the addition of Themac Resources to your portfolios can decrease your overall portfolio volatility.
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