Mcchip Resources Stock Price on November 29, 2024
MCCHF Stock | USD 0.45 0.00 0.00% |
If you're considering investing in McChip Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of McChip Resources stands at 0.45, as last reported on the 1st of December, with the highest price reaching 0.45 and the lowest price hitting 0.45 during the day. McChip Resources retains Efficiency (Sharpe Ratio) of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. McChip Resources exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify McChip Resources' Mean Deviation of 0.2984, coefficient of variation of (812.40), and Market Risk Adjusted Performance of 0.5875 to check out the risk estimate we provide.
McChip Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
McChip |
Sharpe Ratio = -0.125
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Estimated Market Risk
1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average McChip Resources 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 McChip Resources by adding McChip Resources to a well-diversified portfolio.
McChip Resources Valuation on November 29, 2024
It is possible to determine the worth of McChip Resources on a given historical date. On November 29, 2024 McChip was worth 0.45 at the beginning of the trading date compared to the closed value of 0.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of McChip Resources pink sheet. Still, in general, we apply an absolute valuation method to find McChip 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 McChip Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against McChip Resources' related companies.
Open | High | Low | Close | Volume | |
0.45 | 0.45 | 0.45 | 0.45 | 1.00 | |
11/29/2024 | 0.45 | 0.45 | 0.45 | 0.45 | 1.00 |
0.45 | 0.45 | 0.45 | 0.45 | 0.00 |
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McChip Resources Trading Date Momentum on November 29, 2024
On December 01 2024 McChip Resources was traded for 0.45 at the closing time. The highest daily price throughout the period was 0.45 and the lowest price was 0.45 . There was no trading activity during the period 0.0. Lack of trading volume on 12/01/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
McChip Resources Fundamentals Correlations and Trends
By evaluating McChip 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 McChip Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. McChip financial account trend analysis is a perfect complement when working with valuation or volatility modules.About McChip Resources Pink Sheet history
McChip 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 McChip is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in McChip 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 McChip Resources stock prices may prove useful in developing a viable investing in McChip Resources
McChip Resources Inc. operates in the natural resource industry in Canada. McChip Resources Inc. was incorporated in 1935 and is based in Toronto, Canada. Mcchip Resources is traded on OTC Exchange in the United States.
McChip Resources Pink Sheet Technical Analysis
McChip 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
McChip Resources Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
McChip Resources 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.
McChip Resources December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how McChip 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 McChip Resources shares will generate the highest return on investment. By undertsting and applying McChip Resources pink sheet market strength indicators, traders can identify McChip Resources entry and exit signals to maximize returns
McChip Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for McChip Resources' price direction in advance. Along with the technical and fundamental analysis of McChip Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of McChip 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 | (0.09) | |||
Jensen Alpha | (0.13) | |||
Total Risk Alpha | (0.37) | |||
Treynor Ratio | 0.5775 |
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Volume Indicators |
Complementary Tools for McChip Pink Sheet analysis
When running McChip Resources' price analysis, check to measure McChip 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 McChip Resources is operating at the current time. Most of McChip Resources' value examination focuses on studying past and present price action to predict the probability of McChip Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McChip Resources' price. Additionally, you may evaluate how the addition of McChip Resources to your portfolios can decrease your overall portfolio volatility.
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