Phenom Resources Corp Stock Price on May 26, 2023

PHNMF Stock  USD 0.24  0.02  7.69%   
If you're considering investing in Phenom OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Phenom Resources stands at 0.24, as last reported on the 11th of December 2024, with the highest price reaching 0.25 and the lowest price hitting 0.24 during the day. Phenom Resources Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.07, which implies the firm had a -0.07% return per unit of risk over the last 3 months. Phenom Resources Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Phenom Resources' Variance of 19.64, coefficient of variation of (3,247), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide.
  
Phenom OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.07

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Estimated Market Risk

 4.42
  actual daily
39
61% of assets are more volatile

Expected Return

 -0.31
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Phenom 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 Phenom Resources by adding Phenom Resources to a well-diversified portfolio.

Phenom Resources Valuation on May 26, 2023

It is possible to determine the worth of Phenom Resources on a given historical date. On May 26, 2023 Phenom was worth 0.25 at the beginning of the trading date compared to the closed value of 0.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Phenom Resources otc stock. Still, in general, we apply an absolute valuation method to find Phenom 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 Phenom Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Phenom Resources' related companies.
 Open High Low Close Volume
  0.24    0.25    0.22    0.25    68,900  
05/26/2023
  0.25    0.28    0.25    0.27    72,700  
  0.27    0.27    0.27    0.27    1.00  
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Open Value
0.25
0.27
Closing Value
13.50
Upside

Phenom Resources Trading Date Momentum on May 26, 2023

On May 30 2023 Phenom Resources Corp was traded for  0.27  at the closing time. The highest daily price throughout the period was 0.27  and the lowest price was  0.27 . There was no trading activity during the period 1.0. Lack of trading volume on 05/30/2023 did not cause price change. The trading delta at closing time to current closing price is 3.70% .

Phenom Resources Corp Fundamentals Correlations and Trends

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

About Phenom Resources OTC Stock history

Phenom 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 Phenom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Phenom 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 Phenom Resources stock prices may prove useful in developing a viable investing in Phenom Resources
Phenom Resources Corp. engages in the acquisition, exploration, evaluation, and development of mineral properties in Canada and the United States. Phenom Resources Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada. Phenom Resources is traded on OTC Exchange in the United States.

Phenom Resources OTC Stock Technical Analysis

Phenom 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 Phenom Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Phenom 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

Phenom Resources Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Phenom Resources Corp cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.

Phenom Resources December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Phenom 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 Phenom Resources shares will generate the highest return on investment. By undertsting and applying Phenom Resources otc stock market strength indicators, traders can identify Phenom Resources Corp entry and exit signals to maximize returns

Phenom Resources Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Phenom Resources' price direction in advance. Along with the technical and fundamental analysis of Phenom OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Phenom 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.

Complementary Tools for Phenom OTC Stock analysis

When running Phenom Resources' price analysis, check to measure Phenom 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 Phenom Resources is operating at the current time. Most of Phenom Resources' value examination focuses on studying past and present price action to predict the probability of Phenom Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phenom Resources' price. Additionally, you may evaluate how the addition of Phenom Resources to your portfolios can decrease your overall portfolio volatility.
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