Mako Mining Corp Stock Price on September 9, 2024
MAKOF Stock | USD 2.24 0.02 0.90% |
If you're considering investing in Mako OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mako Mining stands at 2.24, as last reported on the 23rd of November, with the highest price reaching 2.24 and the lowest price hitting 2.21 during the day. Mako Mining Corp has Sharpe Ratio of -0.0225, which conveys that the firm had a -0.0225% return per unit of risk over the last 3 months. Mako Mining exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mako Mining's Risk Adjusted Performance of (0.01), standard deviation of 2.21, and Mean Deviation of 1.54 to check out the risk estimate we provide.
Mako OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mako |
Sharpe Ratio = -0.0225
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Estimated Market Risk
2.22 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mako 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 Mako Mining by adding Mako Mining to a well-diversified portfolio.
Mako Mining Valuation on September 9, 2024
It is possible to determine the worth of Mako Mining on a given historical date. On September 9, 2024 Mako was worth 2.03 at the beginning of the trading date compared to the closed value of 2.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mako Mining otc stock. Still, in general, we apply an absolute valuation method to find Mako 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 Mako Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mako Mining's related companies.
Open | High | Low | Close | Volume | |
2.13 | 2.13 | 2.10 | 2.10 | 5,500 | |
09/09/2024 | 2.03 | 2.03 | 2.01 | 2.03 | 3,000 |
2.04 | 2.04 | 2.00 | 2.00 | 2,900 |
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Mako Mining Trading Date Momentum on September 9, 2024
On September 10 2024 Mako Mining Corp was traded for 2.00 at the closing time. The highest daily price throughout the period was 2.04 and the lowest price was 2.00 . The daily volume was 2.9 K. The net trading volume on 09/10/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.48% . The trading delta at closing time to current closing price is 8.37% . |
Mako Mining Corp Fundamentals Correlations and Trends
By evaluating Mako 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 Mako Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mako financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mako Mining OTC Stock history
Mako 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 Mako is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mako Mining 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 Mako Mining stock prices may prove useful in developing a viable investing in Mako Mining
Mako Mining Corp. operates as a gold mining and exploration company in Nicaragua. Mako Mining Corp. was incorporated in 2004 and is headquartered in Vancouver, Canada. MAKO MINING is traded on OTC Exchange in the United States.
Mako Mining OTC Stock Technical Analysis
Mako Mining 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
Mako Mining Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Mako Mining Corp 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.
Mako Mining November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Mako Mining 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 Mako Mining shares will generate the highest return on investment. By undertsting and applying Mako Mining otc stock market strength indicators, traders can identify Mako Mining Corp entry and exit signals to maximize returns
Mako Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mako Mining's price direction in advance. Along with the technical and fundamental analysis of Mako OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mako 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 | (0.01) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.39) | |||
Treynor Ratio | (0.17) |
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When running Mako Mining's price analysis, check to measure Mako Mining'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 Mako Mining is operating at the current time. Most of Mako Mining's value examination focuses on studying past and present price action to predict the probability of Mako Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mako Mining's price. Additionally, you may evaluate how the addition of Mako Mining to your portfolios can decrease your overall portfolio volatility.
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