Grid Metals Corp Stock Price on August 22, 2023
| MSMGF Stock | USD 0.02 0 14.93% |
If you're considering investing in Grid OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Grid Metals stands at 0.02, as last reported on the 26th of November, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. At this point, Grid Metals is out of control. Grid Metals Corp holds Efficiency (Sharpe) Ratio of 0.0145, which attests that the entity had a 0.0145% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Grid Metals Corp, which you can use to evaluate the volatility of the firm. Please check out Grid Metals' Risk Adjusted Performance of 0.0199, market risk adjusted performance of (0.44), and Downside Deviation of 10.2 to validate if the risk estimate we provide is consistent with the expected return of 0.11%.
Grid OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Grid |
Sharpe Ratio = 0.0145
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| Cash | Small Risk | Average Risk | High Risk | MSMGF |
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Estimated Market Risk
| 7.57 actual daily | 67 67% of assets are less volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Grid Metals is performing at about 1% 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 Grid Metals by adding it to a well-diversified portfolio.
Grid Metals Valuation on August 22, 2023
It is possible to determine the worth of Grid Metals on a given historical date. On August 22, 2023 Grid was worth 0.11 at the beginning of the trading date compared to the closed value of 0.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grid Metals otc stock. Still, in general, we apply an absolute valuation method to find Grid Metals' 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 Grid Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grid Metals' related companies.
| Open | High | Low | Close | Volume | |
| 0.11 | 0.11 | 0.11 | 0.11 | 25,000 | |
08/22/2023 | 0.11 | 0.11 | 0.11 | 0.11 | 2,000 |
| 0.11 | 0.11 | 0.11 | 0.11 | 1.00 |
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Grid Metals Trading Date Momentum on August 22, 2023
| On August 23 2023 Grid Metals Corp was traded for 0.11 at the closing time. The highest daily price throughout the period was 0.11 and the lowest price was 0.11 . There was no trading activity during the period 1.0. Lack of trading volume on 08/23/2023 did not cause price change. The overall trading delta to current closing price is 0.00% . |
Grid Metals Corp Fundamentals Correlations and Trends
By evaluating Grid Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Grid Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Grid financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Grid Metals OTC Stock history
Grid Metals 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 Grid is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grid Metals 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 Grid Metals stock prices may prove useful in developing a viable investing in Grid Metals
Grid Metals Corp. engages in exploring and developing base and precious metal mineral properties in Canada. The company was incorporated in 1997 and is headquartered in Toronto, Canada. Mustang Minerals is traded on OTC Exchange in the United States.
Grid Metals OTC Stock Technical Analysis
Grid Metals 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
Grid Metals Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Grid Metals Corp 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.
Grid Metals November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Grid Metals 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 Grid Metals shares will generate the highest return on investment. By undertsting and applying Grid Metals otc stock market strength indicators, traders can identify Grid Metals Corp entry and exit signals to maximize returns
Grid Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grid Metals' price direction in advance. Along with the technical and fundamental analysis of Grid OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grid 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 | 0.0199 | |||
| Jensen Alpha | 0.1218 | |||
| Total Risk Alpha | (1.06) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.45) |
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| Volume Indicators |
Complementary Tools for Grid OTC Stock analysis
When running Grid Metals' price analysis, check to measure Grid Metals' 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 Grid Metals is operating at the current time. Most of Grid Metals' value examination focuses on studying past and present price action to predict the probability of Grid Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grid Metals' price. Additionally, you may evaluate how the addition of Grid Metals to your portfolios can decrease your overall portfolio volatility.
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