Millbank Mining Corp Stock Price on July 25, 2023
| MILL Stock | 0.47 0.02 4.08% |
If you're considering investing in Millbank Stock, it is important to understand the factors that can impact its price. As of today, the current price of Millbank Mining stands at 0.47, as last reported on the 25th of December, with the highest price reaching 0.47 and the lowest price hitting 0.46 during the day. Millbank Mining appears to be out of control, given 3 months investment horizon. Millbank Mining Corp has Sharpe Ratio of 0.0539, which conveys that the firm had a 0.0539% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Millbank Mining, which you can use to evaluate the volatility of the firm. Please exercise Millbank Mining's Downside Deviation of 8.13, risk adjusted performance of 0.0503, and Mean Deviation of 2.44 to check out if our risk estimates are consistent with your expectations.
Total Stockholder Equity is likely to climb to about 313.3 K in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 9.2 M in 2024. . Price Earnings Ratio is likely to drop to -8.56 in 2024. Price Book Value Ratio is likely to drop to 3.11 in 2024. Millbank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Millbank |
Sharpe Ratio = 0.0539
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Estimated Market Risk
| 4.55 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Millbank Mining is performing at about 4% of its full potential. 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 Millbank Mining by adding it to a well-diversified portfolio.
Price Book 15.7075 | Book Value 0.03 | Enterprise Value 10 M | Enterprise Value Ebitda (4.69) | Shares Float 20.6 M |
Millbank Mining Valuation on July 25, 2023
It is possible to determine the worth of Millbank Mining on a given historical date. On July 25, 2023 Millbank was worth 0.08 at the beginning of the trading date compared to the closed value of 0.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Millbank Mining stock. Still, in general, we apply an absolute valuation method to find Millbank 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 Millbank Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Millbank Mining's related companies.
| Open | High | Low | Close | Volume | |
| 0.10 | 0.10 | 0.10 | 0.10 | 1.00 | |
07/25/2023 | 0.08 | 0.08 | 0.07 | 0.07 | 34,000 |
| 0.07 | 0.07 | 0.07 | 0.07 | 1.00 |
| Backtest Millbank Mining | | | Millbank Mining History | | | Millbank Mining Valuation | Previous | Next |
Millbank Mining Trading Date Momentum on July 25, 2023
| On July 26 2023 Millbank Mining Corp was traded for 0.07 at the closing time. The maximum traded price for the trading interval was 0.07 and the lowest daily price was 0.07 . There was no trading activity during the period 1.0. Lack of trading volume on 26th of July 2023 did not cause price change. The trading delta at closing time to the closing price today is 0.00% . |
Millbank Mining Corp Fundamentals Correlations and Trends
By evaluating Millbank 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 Millbank Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Millbank financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Millbank Mining Stock history
Millbank 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 Millbank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Millbank 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 Millbank Mining stock prices may prove useful in developing a viable investing in Millbank Mining
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 10.3 M | 9.2 M |
Millbank Mining Quarterly Net Working Capital |
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Millbank Mining Stock Technical Analysis
Millbank Mining technical 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, stock market cycles, or different charting patterns.
Price Boundaries
Millbank Mining Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Millbank Mining Corp cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Millbank Mining December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Millbank Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Millbank Mining shares will generate the highest return on investment. By undertsting and applying Millbank Mining stock market strength indicators, traders can identify Millbank Mining Corp entry and exit signals to maximize returns
Millbank Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Millbank Mining's price direction in advance. Along with the technical and fundamental analysis of Millbank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Millbank 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 | 0.0503 | |||
| Jensen Alpha | 0.1849 | |||
| Total Risk Alpha | 0.031 | |||
| Sortino Ratio | 0.0233 | |||
| Treynor Ratio | 0.1978 |
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Additional Tools for Millbank Stock Analysis
When running Millbank Mining's price analysis, check to measure Millbank 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 Millbank Mining is operating at the current time. Most of Millbank Mining's value examination focuses on studying past and present price action to predict the probability of Millbank 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 Millbank Mining's price. Additionally, you may evaluate how the addition of Millbank Mining to your portfolios can decrease your overall portfolio volatility.