Millennial Potash Corp Stock Price on November 12, 2024
| MLP Stock | 0.35 0.01 2.94% |
If you're considering investing in Millennial Stock, it is important to understand the factors that can impact its price. As of today, the current price of Millennial Potash stands at 0.35, as last reported on the 26th of November, with the highest price reaching 0.35 and the lowest price hitting 0.34 during the day. Millennial Potash is out of control given 3 months investment horizon. Millennial Potash Corp has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17% return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.12% are justified by taking the suggested risk. Use Millennial Potash Corp Risk Adjusted Performance of 0.1262, mean deviation of 4.86, and Downside Deviation of 6.14 to evaluate company specific risk that cannot be diversified away.
At this time, Millennial Potash's Issuance Of Capital Stock is fairly stable compared to the past year. Stock Based Compensation is likely to climb to about 400 K in 2024, whereas Total Stockholder Equity is likely to drop slightly above 4.4 M in 2024. . Price Earnings Ratio is likely to drop to -1.82 in 2024. Price Book Value Ratio is likely to drop to 1.20 in 2024. Millennial Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Millennial |
Sharpe Ratio = 0.1657
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Estimated Market Risk
| 6.78 actual daily | 60 60% of assets are less volatile |
Expected Return
| 1.12 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Millennial Potash is performing at about 13% 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 Millennial Potash by adding it to a well-diversified portfolio.
Price Book 3.6687 | Book Value 0.112 | Enterprise Value 23.4 M | Enterprise Value Ebitda (23.54) | Shares Float 42.9 M |
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Millennial Potash Valuation on November 12, 2024
It is possible to determine the worth of Millennial Potash on a given historical date. On November 12, 2024 Millennial was worth 0.29 at the beginning of the trading date compared to the closed value of 0.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Millennial Potash stock. Still, in general, we apply an absolute valuation method to find Millennial Potash'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 Millennial Potash where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Millennial Potash's related companies.
| Open | High | Low | Close | Volume | |
| 0.32 | 0.32 | 0.28 | 0.29 | 114,495 | |
11/12/2024 | 0.29 | 0.30 | 0.28 | 0.30 | 34,422 |
| 0.29 | 0.30 | 0.27 | 0.28 | 25,575 |
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Millennial Potash Trading Date Momentum on November 12, 2024
| On November 13 2024 Millennial Potash Corp was traded for 0.28 at the closing time. The highest daily price throughout the period was 0.30 and the lowest price was 0.27 . The daily volume was 25.6 K. The net trading volume on 11/13/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 6.67% . The trading delta at closing time to current closing price is 3.33% . |
Millennial Potash Corp Fundamentals Correlations and Trends
By evaluating Millennial Potash'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 Millennial Potash's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Millennial financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Millennial Potash Stock history
Millennial Potash 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 Millennial is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Millennial Potash 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 Millennial Potash stock prices may prove useful in developing a viable investing in Millennial Potash
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 59.7 M | 37.2 M |
Millennial Potash Quarterly Net Working Capital |
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Millennial Potash Stock Technical Analysis
Millennial Potash 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
Millennial Potash Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Millennial Potash 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.
Millennial Potash November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Millennial Potash stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Millennial Potash shares will generate the highest return on investment. By undertsting and applying Millennial Potash stock market strength indicators, traders can identify Millennial Potash Corp entry and exit signals to maximize returns
Millennial Potash Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Millennial Potash's price direction in advance. Along with the technical and fundamental analysis of Millennial Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Millennial 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 | 0.1262 | |||
| Jensen Alpha | 1.05 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.1439 | |||
| Treynor Ratio | (2.61) |
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Additional Tools for Millennial Stock Analysis
When running Millennial Potash's price analysis, check to measure Millennial Potash'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 Millennial Potash is operating at the current time. Most of Millennial Potash's value examination focuses on studying past and present price action to predict the probability of Millennial Potash's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Millennial Potash's price. Additionally, you may evaluate how the addition of Millennial Potash to your portfolios can decrease your overall portfolio volatility.