Mineral Res Stock Price on July 5, 2023
MALRY Stock | USD 22.33 0.28 1.27% |
If you're considering investing in Mineral Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Mineral Res stands at 22.33, as last reported on the 11th of December 2024, with the highest price reaching 22.65 and the lowest price hitting 21.19 during the day. Mineral Res has Sharpe Ratio of -0.0216, which conveys that the firm had a -0.0216% return per unit of risk over the last 3 months. Mineral Res exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mineral Res' Risk Adjusted Performance of 0.0517, downside deviation of 5.26, and Mean Deviation of 4.05 to check out the risk estimate we provide.
Mineral Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Mineral |
Sharpe Ratio = -0.0216
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Estimated Market Risk
5.02 actual daily | 44 56% of assets are more volatile |
Expected Return
-0.11 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 Mineral Res 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 Mineral Res by adding Mineral Res to a well-diversified portfolio.
Mineral Res Valuation on July 5, 2023
It is possible to determine the worth of Mineral Res on a given historical date. On July 5, 2023 Mineral was worth 47.79 at the beginning of the trading date compared to the closed value of 47.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mineral Res pink sheet. Still, in general, we apply an absolute valuation method to find Mineral Res' 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 Mineral Res where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mineral Res' related companies.
Open | High | Low | Close | Volume | |
48.06 | 48.06 | 48.06 | 48.06 | 11.00 | |
07/05/2023 | 47.79 | 47.79 | 47.79 | 47.79 | 176.00 |
45.74 | 45.74 | 45.74 | 45.74 | 312.00 |
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Mineral Res Trading Date Momentum on July 5, 2023
On July 06 2023 Mineral Res was traded for 45.74 at the closing time. The highest daily price throughout the period was 45.74 and the lowest price was 45.74 . The daily volume was 312. The net trading volume on 07/06/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 4.29% . The trading delta at closing time to current closing price is 1.84% . |
Mineral Res Fundamentals Correlations and Trends
By evaluating Mineral Res' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Mineral Res' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mineral financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mineral Res Pink Sheet history
Mineral Res 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 Mineral is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mineral Res 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 Mineral Res stock prices may prove useful in developing a viable investing in Mineral Res
Mineral Resources Limited, together with subsidiaries, operates as a mining services company in Australia, China, Singapore, and internationally. Mineral Resources Limited was founded in 1993 and is based in Osborne Park, Australia. Mineral Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 3863 people.
Mineral Res Pink Sheet Technical Analysis
Mineral Res 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
Mineral Res Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Mineral Res 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.
Mineral Res December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Mineral Res 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 Mineral Res shares will generate the highest return on investment. By undertsting and applying Mineral Res pink sheet market strength indicators, traders can identify Mineral Res entry and exit signals to maximize returns
Mineral Res Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mineral Res' price direction in advance. Along with the technical and fundamental analysis of Mineral Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mineral 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 | 0.0517 | |||
Jensen Alpha | 0.1895 | |||
Total Risk Alpha | (0.55) | |||
Sortino Ratio | 0.0384 | |||
Treynor Ratio | 0.2856 |
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Additional Tools for Mineral Pink Sheet Analysis
When running Mineral Res' price analysis, check to measure Mineral Res' 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 Mineral Res is operating at the current time. Most of Mineral Res' value examination focuses on studying past and present price action to predict the probability of Mineral Res' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mineral Res' price. Additionally, you may evaluate how the addition of Mineral Res to your portfolios can decrease your overall portfolio volatility.