Millrock Resources Price on May 19, 2023

MLRKFDelisted Stock  USD 0.43  0.03  7.50%   
If you're considering investing in Millrock OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Millrock Resources stands at 0.43, as last reported on the 2nd of December, with the highest price reaching 0.43 and the lowest price hitting 0.40 during the day. We have found nine technical indicators for Millrock Resources, which you can use to evaluate the volatility of the firm. Please verify Millrock Resources' Day Typical Price of 0.42, rate of daily change of 1.08, and Accumulation Distribution of 0.0698 to check out if the risk estimate we provide is consistent with the expected return of 0.0%.
  
Millrock OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
MLRKF
Based on monthly moving average Millrock 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 Millrock Resources by adding Millrock Resources to a well-diversified portfolio.

Millrock Resources Valuation on May 19, 2023

It is possible to determine the worth of Millrock Resources on a given historical date. On May 19, 2023 Millrock was worth 0.35 at the beginning of the trading date compared to the closed value of 0.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Millrock Resources otc stock. Still, in general, we apply an absolute valuation method to find Millrock 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 Millrock Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Millrock Resources' related companies.
 Open High Low Close Volume
  0.32    0.33    0.31    0.32    80,339  
05/19/2023
  0.35    0.35    0.35    0.35    4,000  
  0.36    0.36    0.36    0.36    1,000.00  
Backtest Millrock Resources  |  Millrock Resources History  |  Millrock Resources Valuation   PreviousNext  
Open Value
0.35
0.35
Closing Value
0.35
Upside

Millrock Resources Trading Date Momentum on May 19, 2023

On May 22 2023 Millrock Resources was traded for  0.36  at the closing time. The highest daily price throughout the period was 0.36  and the lowest price was  0.36 . The daily volume was 1000. The net trading volume on 05/22/2023 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 2.86% . The trading delta at closing time to current closing price is 5.71% .

Millrock Resources Fundamentals Correlations and Trends

By evaluating Millrock 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 Millrock Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Millrock financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Millrock Resources OTC Stock history

Millrock 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 Millrock is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Millrock 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 Millrock Resources stock prices may prove useful in developing a viable investing in Millrock Resources
Millrock Resources Inc. engages in the acquisition and exploration of mineral properties. Millrock Resources Inc. was incorporated in 1979 and is headquartered in Vancouver, Canada. Millrock Res operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.

Millrock Resources OTC Stock Technical Analysis

Millrock Resources 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.
A focus of Millrock Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Millrock Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Millrock Resources Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Millrock Resources 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.

Millrock Resources December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how Millrock Resources 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 Millrock Resources shares will generate the highest return on investment. By undertsting and applying Millrock Resources otc stock market strength indicators, traders can identify Millrock Resources entry and exit signals to maximize returns
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in industry.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Other Consideration for investing in Millrock OTC Stock

If you are still planning to invest in Millrock Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Millrock Resources' history and understand the potential risks before investing.
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Share Portfolio
Track or share privately all of your investments from the convenience of any device
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Global Correlations
Find global opportunities by holding instruments from different markets
Fundamental Analysis
View fundamental data based on most recent published financial statements
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.