Omai Gold Mines Stock Price on November 27, 2024
| OMGGF Stock | USD 0.14 0.01 6.67% |
If you're considering investing in Omai OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Omai Gold stands at 0.14, as last reported on the 11th of December 2024, with the highest price reaching 0.15 and the lowest price hitting 0.14 during the day. Omai Gold appears to be out of control, given 3 months investment horizon. Omai Gold Mines maintains Sharpe Ratio (i.e., Efficiency) of 0.0962, which implies the firm had a 0.0962% return per unit of risk over the last 3 months. By analyzing Omai Gold's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please evaluate Omai Gold's Coefficient Of Variation of 1144.71, risk adjusted performance of 0.0718, and Semi Deviation of 4.44 to confirm if our risk estimates are consistent with your expectations.
Omai OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Omai |
Sharpe Ratio = 0.0962
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Estimated Market Risk
| 5.6 actual daily | 49 51% of assets are more volatile |
Expected Return
| 0.54 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Omai Gold is performing at about 7% 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 Omai Gold by adding it to a well-diversified portfolio.
Omai Gold Valuation on November 27, 2024
It is possible to determine the worth of Omai Gold on a given historical date. On November 27, 2024 Omai was worth 0.12 at the beginning of the trading date compared to the closed value of 0.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Omai Gold otc stock. Still, in general, we apply an absolute valuation method to find Omai Gold'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 Omai Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Omai Gold's related companies.
| Open | High | Low | Close | Volume | |
| 0.13 | 0.13 | 0.13 | 0.13 | 2,010 | |
11/27/2024 | 0.12 | 0.12 | 0.12 | 0.12 | 11,580 |
| 0.12 | 0.12 | 0.12 | 0.12 | 1.00 |
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Omai Gold Trading Date Momentum on November 27, 2024
| On November 29 2024 Omai Gold Mines was traded for 0.12 at the closing time. The highest daily price throughout the period was 0.12 and the lowest price was 0.12 . There was no trading activity during the period 1.0. Lack of trading volume on 11/29/2024 did not cause price change. The trading delta at closing time to current closing price is 16.67% . |
Omai Gold Mines Fundamentals Correlations and Trends
By evaluating Omai Gold'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 Omai Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Omai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Omai Gold OTC Stock history
Omai Gold 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 Omai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Omai Gold Mines 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 Omai Gold stock prices may prove useful in developing a viable investing in Omai Gold
Omai Gold Mines Corp. explores for and develops base and precious metals. It holds a 100 percent interest in the Omai prospecting license that covers an area of 4,590 acres, including the past-producing Omai Gold mine located in the Potaro mining district of Guyana, as well as adjoining eastern flats mining permits. Omai Gold operates under Gold classification in the United States and is traded on OTC Exchange.
Omai Gold OTC Stock Technical Analysis
Omai Gold 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
Omai Gold Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Omai Gold Mines 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.
Omai Gold December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Omai Gold 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 Omai Gold shares will generate the highest return on investment. By undertsting and applying Omai Gold otc stock market strength indicators, traders can identify Omai Gold Mines entry and exit signals to maximize returns
Omai Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Omai Gold's price direction in advance. Along with the technical and fundamental analysis of Omai OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Omai 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 | 0.0718 | |||
| Jensen Alpha | 0.6306 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | 0.0421 | |||
| Treynor Ratio | (0.41) |
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Complementary Tools for Omai OTC Stock analysis
When running Omai Gold's price analysis, check to measure Omai Gold'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 Omai Gold is operating at the current time. Most of Omai Gold's value examination focuses on studying past and present price action to predict the probability of Omai Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Omai Gold's price. Additionally, you may evaluate how the addition of Omai Gold to your portfolios can decrease your overall portfolio volatility.
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