Magellan Gold Corp Stock Price on November 26, 2024

MAGE Stock  USD 0.09  0.03  25.00%   
If you're considering investing in Magellan Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Magellan Gold stands at 0.09, as last reported on the 2nd of December, with the highest price reaching 0.09 and the lowest price hitting 0.09 during the day. Magellan Gold Corp has Sharpe Ratio of -0.031, which conveys that the firm had a -0.031% return per unit of risk over the last 3 months. Magellan Gold exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Magellan Gold's Risk Adjusted Performance of (0.01), mean deviation of 2.56, and Standard Deviation of 6.77 to check out the risk estimate we provide.
  
Magellan Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.031

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Estimated Market Risk

 6.82
  actual daily
60
60% of assets are less volatile

Expected Return

 -0.21
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Magellan Gold 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 Magellan Gold by adding Magellan Gold to a well-diversified portfolio.

Magellan Gold Valuation on November 26, 2024

It is possible to determine the worth of Magellan Gold on a given historical date. On November 26, 2024 Magellan was worth 0.12 at the beginning of the trading date compared to the closed value of 0.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Magellan Gold pink sheet. Still, in general, we apply an absolute valuation method to find Magellan Gold'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 Magellan Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Magellan Gold's related companies.
 Open High Low Close Volume
  0.12    0.12    0.12    0.12    1.00  
11/26/2024
  0.12    0.12    0.12    0.12    1.00  
  0.12    0.12    0.12    0.12    1.00  
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Open Value
0.12
0.12
Closing Value
20.59
Upside

Magellan Gold Trading Date Momentum on November 26, 2024

On November 27 2024 Magellan Gold Corp was traded for  0.12  at the closing time. The top price for the day was 0.12  and the lowest listed price was  0.12 . There was no trading activity during the period 1.0. Lack of trading volume on November 27, 2024 did not cause price change. The trading delta at closing time against the current closing price is 25.00% .

Magellan Gold Corp Fundamentals Correlations and Trends

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

About Magellan Gold Pink Sheet history

Magellan Gold 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 Magellan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Magellan Gold 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 Magellan Gold stock prices may prove useful in developing a viable investing in Magellan Gold
Magellan Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral resources in Idaho. The company was incorporated in 2010 and is headquartered in Wallace, Idaho. MAGELLAN GOLD operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.

Magellan Gold Pink Sheet Technical Analysis

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

Magellan Gold Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Magellan Gold Corp 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.

Magellan Gold December 2, 2024 Market Strength

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

Magellan Gold Technical and Predictive Indicators

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

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