Maritime Resources Corp Stock Price on November 21, 2024
| MAE Stock | CAD 0.06 0.01 9.09% |
Below is the normalized historical share price chart for Maritime Resources Corp extending back to October 06, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Maritime Resources stands at 0.06, as last reported on the 28th of November, with the highest price reaching 0.06 and the lowest price hitting 0.06 during the day.
If you're considering investing in Maritime Stock, it is important to understand the factors that can impact its price. Maritime Resources appears to be out of control, given 3 months investment horizon. Maritime Resources Corp has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. By analyzing Maritime Resources' technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please exercise Maritime Resources' Downside Deviation of 10.4, risk adjusted performance of 0.0912, and Mean Deviation of 4.0 to check out if our risk estimates are consistent with your expectations.
At this time, Maritime Resources' Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 549.3 M in 2024, whereas Capital Stock is likely to drop slightly above 39.5 M in 2024. . Price Earnings Ratio is likely to drop to -9.3 in 2024. Price Book Value Ratio is likely to drop to 0.55 in 2024. Maritime Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0497 | 50 Day MA 0.0506 | Beta 1.383 |
Maritime |
Sharpe Ratio = 0.1376
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Estimated Market Risk
| 6.07 actual daily | 54 54% of assets are less volatile |
Expected Return
| 0.84 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Maritime Resources is performing at about 10% 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 Maritime Resources by adding it to a well-diversified portfolio.
Price Book 1.0265 | Book Value 0.071 | Enterprise Value 44.5 M | Enterprise Value Ebitda (12.98) | Shares Float 297.4 M |
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Maritime Resources Valuation on November 21, 2024
It is possible to determine the worth of Maritime Resources on a given historical date. On November 21, 2024 Maritime was worth 0.055 at the beginning of the trading date compared to the closed value of 0.055. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Maritime Resources stock. Still, in general, we apply an absolute valuation method to find Maritime 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 Maritime Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Maritime Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.06 | 0.06 | 0.05 | 0.05 | 59,000 | |
11/21/2024 | 0.06 | 0.06 | 0.06 | 0.06 | 176,250 |
| 0.06 | 0.06 | 0.06 | 0.06 | 91,500 |
| Backtest Maritime Resources | | | Maritime Resources History | | | Maritime Resources Valuation | Previous | Next |
Maritime Resources Trading Date Momentum on November 21, 2024
| On November 22 2024 Maritime Resources Corp was traded for 0.06 at the closing time. The highest daily price throughout the period was 0.06 and the lowest price was 0.06 . The daily volume was 91.5 K. The net trading volume on 11/22/2024 added to the next day price increase. The trading delta at closing time to closing price of the next trading day was 5.45% . The trading delta at closing time to current closing price is 0.00% . |
Maritime Resources Corp Fundamentals Correlations and Trends
By evaluating Maritime 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 Maritime Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Maritime financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Maritime Resources Stock history
Maritime 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 Maritime is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Maritime Resources Corp 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 Maritime Resources stock prices may prove useful in developing a viable investing in Maritime Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 523.1 M | 549.3 M | |
| Net Loss | -1.6 M | -1.7 M |
Maritime Resources Quarterly Net Working Capital |
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Maritime Resources Stock Technical Analysis
Maritime Resources 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
Maritime Resources Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Maritime Resources Corp cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Maritime Resources November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Maritime Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Maritime Resources shares will generate the highest return on investment. By undertsting and applying Maritime Resources stock market strength indicators, traders can identify Maritime Resources Corp entry and exit signals to maximize returns
Maritime Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Maritime Resources' price direction in advance. Along with the technical and fundamental analysis of Maritime Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Maritime 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 | 0.0912 | |||
| Jensen Alpha | 0.6457 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | 0.0523 | |||
| Treynor Ratio | 4.37 |
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Additional Tools for Maritime Stock Analysis
When running Maritime Resources' price analysis, check to measure Maritime 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 Maritime Resources is operating at the current time. Most of Maritime Resources' value examination focuses on studying past and present price action to predict the probability of Maritime Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Maritime Resources' price. Additionally, you may evaluate how the addition of Maritime Resources to your portfolios can decrease your overall portfolio volatility.