Pure Energy Minerals Stock Price on July 31, 2023
PEMIF Stock | USD 0.21 0.01 4.55% |
If you're considering investing in Pure OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Pure Energy stands at 0.21, as last reported on the 12th of December 2024, with the highest price reaching 0.22 and the lowest price hitting 0.20 during the day. Pure Energy Minerals maintains Sharpe Ratio (i.e., Efficiency) of -0.0031, which implies the firm had a -0.0031% return per unit of risk over the last 3 months. Pure Energy Minerals exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pure Energy's Coefficient Of Variation of 1850.81, risk adjusted performance of 0.0478, and Semi Deviation of 4.07 to confirm the risk estimate we provide.
Pure OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Pure |
Sharpe Ratio = -0.0031
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Negative Returns | PEMIF |
Estimated Market Risk
5.14 actual daily | 45 55% of assets are more volatile |
Expected Return
-0.02 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 Pure Energy 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 Pure Energy by adding Pure Energy to a well-diversified portfolio.
Pure Energy Valuation on July 31, 2023
It is possible to determine the worth of Pure Energy on a given historical date. On July 31, 2023 Pure was worth 0.69 at the beginning of the trading date compared to the closed value of 0.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pure Energy otc stock. Still, in general, we apply an absolute valuation method to find Pure Energy'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 Pure Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pure Energy's related companies.
Open | High | Low | Close | Volume | |
0.67 | 0.69 | 0.65 | 0.67 | 8,800 | |
07/31/2023 | 0.69 | 0.70 | 0.66 | 0.69 | 9,600 |
0.69 | 0.69 | 0.65 | 0.67 | 14,000 |
Backtest Pure Energy | | | Pure Energy History | | | Pure Energy Valuation | Previous | Next |
Pure Energy Trading Date Momentum on July 31, 2023
On August 01 2023 Pure Energy Minerals was traded for 0.67 at the closing time. The highest daily price throughout the period was 0.69 and the lowest price was 0.65 . The daily volume was 14 K. The net trading volume on 08/01/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.90% . The trading delta at closing time to current closing price is 2.90% . |
Pure Energy Minerals Fundamentals Correlations and Trends
By evaluating Pure Energy'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 Pure Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pure financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pure Energy OTC Stock history
Pure Energy 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 Pure is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pure Energy Minerals 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 Pure Energy stock prices may prove useful in developing a viable investing in Pure Energy
Pure Energy Minerals Limited engages in the acquisition, exploration, and development of mineral properties. Pure Energy Minerals Limited was incorporated in 1999 and is headquartered in Vancouver, Canada. Pure Energy is traded on OTC Exchange in the United States.
Pure Energy OTC Stock Technical Analysis
Pure Energy 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
Pure Energy Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Pure Energy Minerals 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.
Pure Energy December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Pure Energy 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 Pure Energy shares will generate the highest return on investment. By undertsting and applying Pure Energy otc stock market strength indicators, traders can identify Pure Energy Minerals entry and exit signals to maximize returns
Pure Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pure Energy's price direction in advance. Along with the technical and fundamental analysis of Pure OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pure 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 | 0.0478 | |||
Jensen Alpha | 0.2805 | |||
Total Risk Alpha | (0.64) | |||
Sortino Ratio | 0.0257 | |||
Treynor Ratio | 1.0 |
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Volume Indicators |
Complementary Tools for Pure OTC Stock analysis
When running Pure Energy's price analysis, check to measure Pure Energy'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 Pure Energy is operating at the current time. Most of Pure Energy's value examination focuses on studying past and present price action to predict the probability of Pure Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pure Energy's price. Additionally, you may evaluate how the addition of Pure Energy to your portfolios can decrease your overall portfolio volatility.
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