Nobel Resources Corp Stock Price on April 13, 2023
NBTRF Stock | USD 0.02 0.02 39.11% |
If you're considering investing in Nobel OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nobel Resources stands at 0.02, as last reported on the 24th of November, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. Nobel Resources Corp has Sharpe Ratio of -0.0011, which conveys that the firm had a -0.0011% return per unit of risk over the last 3 months. Nobel Resources exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nobel Resources' Risk Adjusted Performance of 0.0079, mean deviation of 1.18, and Standard Deviation of 5.96 to check out the risk estimate we provide.
Nobel OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nobel |
Sharpe Ratio = -0.0011
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Estimated Market Risk
6.0 actual daily | 53 53% of assets are less volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nobel 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 Nobel Resources by adding Nobel Resources to a well-diversified portfolio.
Nobel Resources Valuation on April 13, 2023
It is possible to determine the worth of Nobel Resources on a given historical date. On April 13, 2023 Nobel was worth 0.04 at the beginning of the trading date compared to the closed value of 0.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nobel Resources otc stock. Still, in general, we apply an absolute valuation method to find Nobel 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 Nobel Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nobel Resources' related companies.
Open | High | Low | Close | Volume | |
0.04 | 0.04 | 0.04 | 0.04 | 1.00 | |
04/13/2023 | 0.04 | 0.04 | 0.04 | 0.04 | 1.00 |
0.04 | 0.04 | 0.04 | 0.04 | 1.00 |
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Nobel Resources Trading Date Momentum on April 13, 2023
On April 14 2023 Nobel Resources Corp was traded for 0.04 at the closing time. The highest daily price throughout the period was 0.04 and the lowest price was 0.04 . There was no trading activity during the period 1.0. Lack of trading volume on 04/14/2023 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Nobel Resources Corp Fundamentals Correlations and Trends
By evaluating Nobel 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 Nobel Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nobel financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nobel Resources OTC Stock history
Nobel 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 Nobel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nobel Resources 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 Nobel Resources stock prices may prove useful in developing a viable investing in Nobel Resources
Nobel Resources Corp. engages in the acquisition, exploration, and development of mineral properties. The company was incorporated in 2020 and is headquartered in Toronto, Canada. Nobel Res operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Nobel Resources OTC Stock Technical Analysis
Nobel 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.
Price Boundaries
Nobel Resources Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Nobel Resources 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.
Nobel Resources November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Nobel 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 Nobel Resources shares will generate the highest return on investment. By undertsting and applying Nobel Resources otc stock market strength indicators, traders can identify Nobel Resources Corp entry and exit signals to maximize returns
Nobel Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nobel Resources' price direction in advance. Along with the technical and fundamental analysis of Nobel OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nobel 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 | 0.0079 | |||
Jensen Alpha | 0.2575 | |||
Total Risk Alpha | (0.96) | |||
Treynor Ratio | 0.0073 |
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Complementary Tools for Nobel OTC Stock analysis
When running Nobel Resources' price analysis, check to measure Nobel Resources' 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 Nobel Resources is operating at the current time. Most of Nobel Resources' value examination focuses on studying past and present price action to predict the probability of Nobel Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nobel Resources' price. Additionally, you may evaluate how the addition of Nobel Resources to your portfolios can decrease your overall portfolio volatility.
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