Mexican Gold Mining Stock Price on November 20, 2024
MEXGF Stock | USD 0.02 0 7.11% |
If you're considering investing in Mexican OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mexican Gold stands at 0.02, as last reported on the 2nd of December, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. Mexican Gold Mining has Sharpe Ratio of -0.0561, which conveys that the firm had a -0.0561% return per unit of risk over the last 3 months. Mexican Gold exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mexican Gold's Risk Adjusted Performance of (0.04), mean deviation of 4.6, and Standard Deviation of 11.21 to check out the risk estimate we provide.
Mexican OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mexican |
Sharpe Ratio = -0.0561
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Estimated Market Risk
11.3 actual daily | 96 96% of assets are less volatile |
Expected Return
-0.63 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mexican 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 Mexican Gold by adding Mexican Gold to a well-diversified portfolio.
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Mexican Gold Valuation on November 20, 2024
It is possible to determine the worth of Mexican Gold on a given historical date. On November 20, 2024 Mexican was worth 0.019 at the beginning of the trading date compared to the closed value of 0.019. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mexican Gold otc stock. Still, in general, we apply an absolute valuation method to find Mexican 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 Mexican Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mexican Gold's related companies.
Open | High | Low | Close | Volume | |
0.03 | 0.03 | 0.03 | 0.03 | 1.00 | |
11/20/2024 | 0.02 | 0.02 | 0.02 | 0.02 | 150.00 |
0.02 | 0.02 | 0.02 | 0.02 | 3,000 |
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Mexican Gold Trading Date Momentum on November 20, 2024
On November 21 2024 Mexican Gold Mining was traded for 0.02 at the closing time. The highest daily price throughout the period was 0.02 and the lowest price was 0.02 . The daily volume was 3 K. The net trading volume on 11/21/2024 did not cause price change. The trading delta at closing time to current closing price is 11.05% . |
Mexican Gold Mining Fundamentals Correlations and Trends
By evaluating Mexican 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 Mexican Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mexican financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mexican Gold OTC Stock history
Mexican 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 Mexican is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mexican Gold Mining 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 Mexican Gold stock prices may prove useful in developing a viable investing in Mexican Gold
Mexican Gold Mining Corp. engages in the acquisition, exploration, and evaluation of resource properties. Mexican Gold Mining Corp. was incorporated in 2006 and is based in Vancouver, Canada. Mexican Gold is traded on OTC Exchange in the United States.
Mexican Gold OTC Stock Technical Analysis
Mexican Gold 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
Mexican Gold Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Mexican Gold Mining cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
Mexican Gold December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Mexican Gold 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 Mexican Gold shares will generate the highest return on investment. By undertsting and applying Mexican Gold otc stock market strength indicators, traders can identify Mexican Gold Mining entry and exit signals to maximize returns
Mexican Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mexican Gold's price direction in advance. Along with the technical and fundamental analysis of Mexican OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mexican 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 | (0.04) | |||
Jensen Alpha | (0.81) | |||
Total Risk Alpha | (2.67) | |||
Treynor Ratio | (16.43) |
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Complementary Tools for Mexican OTC Stock analysis
When running Mexican Gold's price analysis, check to measure Mexican 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 Mexican Gold is operating at the current time. Most of Mexican Gold's value examination focuses on studying past and present price action to predict the probability of Mexican 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 Mexican Gold's price. Additionally, you may evaluate how the addition of Mexican Gold to your portfolios can decrease your overall portfolio volatility.
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