Premium Nickel Resources Stock Price on September 19, 2024
| PNRLF Stock | 0.35 0.01 2.78% |
If you're considering investing in Premium Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Premium Nickel stands at 0.35, as last reported on the 27th of November, with the highest price reaching 0.39 and the lowest price hitting 0.35 during the day. Premium Nickel Resources maintains Sharpe Ratio (i.e., Efficiency) of -0.0961, which implies the firm had a -0.0961% return per unit of risk over the last 3 months. Premium Nickel Resources exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Premium Nickel's Variance of 32.29, risk adjusted performance of (0.05), and Coefficient Of Variation of (1,373) to confirm the risk estimate we provide.
Premium Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Premium |
Sharpe Ratio = -0.0961
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Estimated Market Risk
| 5.78 actual daily | 51 51% of assets are less volatile |
Expected Return
| -0.56 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Premium Nickel 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 Premium Nickel by adding Premium Nickel to a well-diversified portfolio.
Premium Nickel Valuation on September 19, 2024
It is possible to determine the worth of Premium Nickel on a given historical date. On September 19, 2024 Premium was worth 0.38 at the beginning of the trading date compared to the closed value of 0.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Premium Nickel pink sheet. Still, in general, we apply an absolute valuation method to find Premium Nickel'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 Premium Nickel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Premium Nickel's related companies.
| Open | High | Low | Close | Volume | |
| 0.36 | 0.38 | 0.36 | 0.38 | 18,100 | |
09/19/2024 | 0.38 | 0.38 | 0.36 | 0.37 | 142,900 |
| 0.39 | 0.48 | 0.36 | 0.46 | 265,100 |
| Backtest Premium Nickel | | | Premium Nickel History | | | Premium Nickel Valuation | Previous | Next |
Premium Nickel Trading Date Momentum on September 19, 2024
| On September 20 2024 Premium Nickel Resources was traded for 0.46 at the closing time. The highest daily price throughout the period was 0.48 and the lowest price was 0.36 . The daily volume was 265.1 K. The net trading volume on 09/20/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 24.32% . The trading delta at closing time to current closing price is 51.35% . |
Premium Nickel Resources Fundamentals Correlations and Trends
By evaluating Premium Nickel'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 Premium Nickel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Premium financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Premium Nickel Pink Sheet history
Premium Nickel 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 Premium is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Premium Nickel Resources 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 Premium Nickel stock prices may prove useful in developing a viable investing in Premium Nickel
Premium Nickel Pink Sheet Technical Analysis
Premium Nickel technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Premium Nickel Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Premium Nickel Resources cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Premium Nickel November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Premium Nickel pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Premium Nickel shares will generate the highest return on investment. By undertsting and applying Premium Nickel pink sheet market strength indicators, traders can identify Premium Nickel Resources entry and exit signals to maximize returns
Premium Nickel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Premium Nickel's price direction in advance. Along with the technical and fundamental analysis of Premium Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Premium 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 | (0.05) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (1.32) | |||
| Treynor Ratio | 1.96 |
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| Volume Indicators |
Complementary Tools for Premium Pink Sheet analysis
When running Premium Nickel's price analysis, check to measure Premium Nickel'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 Premium Nickel is operating at the current time. Most of Premium Nickel's value examination focuses on studying past and present price action to predict the probability of Premium Nickel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Premium Nickel's price. Additionally, you may evaluate how the addition of Premium Nickel to your portfolios can decrease your overall portfolio volatility.
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