Phenom Resources Corp Stock Price on October 10, 2023
| PHNMF Stock | USD 0.28 0.02 6.67% |
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 0.28, as last reported on the 27th of November, with the highest price reaching 0.31 and the lowest price hitting 0.28 during the day. At this point, Phenom Resources is out of control. Phenom Resources Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0229, which implies the firm had a 0.0229% return per unit of risk over the last 3 months. We have found thirty technical indicators for Phenom Resources Corp, which you can use to evaluate the volatility of the company. Please check Phenom Resources' Coefficient Of Variation of 158213.42, risk adjusted performance of 0.0089, and Semi Deviation of 3.71 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
Phenom OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Phenom |
Sharpe Ratio = 0.0229
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | PHNMF | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.69 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Phenom Resources 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 Phenom Resources by adding it to a well-diversified portfolio.
Phenom Resources Valuation on October 10, 2023
It is possible to determine the worth of Phenom Resources on a given historical date. On October 10, 2023 Phenom was worth 0.21 at the beginning of the trading date compared to the closed value of 0.24. 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 | |
| 0.22 | 0.22 | 0.21 | 0.22 | 1,900 | |
10/10/2023 | 0.21 | 0.24 | 0.21 | 0.24 | 44,000 |
| 0.24 | 0.24 | 0.24 | 0.24 | 37,400 |
| Backtest Phenom Resources | | | Phenom Resources History | | | Phenom Resources Valuation | Previous | Next |
Phenom Resources Trading Date Momentum on October 10, 2023
| On October 11 2023 Phenom Resources Corp was traded for 0.24 at the closing time. The highest daily price throughout the period was 0.24 and the lowest price was 0.24 . The daily volume was 37.4 K. The net trading volume on 10/11/2023 did not cause price change. The trading delta at closing time to current closing price is 12.50% . |
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.
Price Boundaries
Phenom Resources Period Price Range
Low | November 27, 2024
| 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 November 27, 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.
| Risk Adjusted Performance | 0.0089 | |||
| Jensen Alpha | 0.0915 | |||
| Total Risk Alpha | (0.75) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0086 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |