Prime Mining Corp Stock Price on November 23, 2024
PRMNF Stock | USD 1.06 0.02 1.85% |
If you're considering investing in Prime OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Prime Mining stands at 1.06, as last reported on the 24th of November, with the highest price reaching 1.06 and the lowest price hitting 1.06 during the day. Prime Mining Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.0146, which implies the firm had a -0.0146% return per unit of risk over the last 3 months. Prime Mining Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Prime Mining's Variance of 37.17, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,611) to confirm the risk estimate we provide.
Prime OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Prime |
Sharpe Ratio = -0.0146
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Estimated Market Risk
6.1 actual daily | 54 54% of assets are less volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Prime Mining 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 Prime Mining by adding Prime Mining to a well-diversified portfolio.
Prime Mining Valuation on November 23, 2024
It is possible to determine the worth of Prime Mining on a given historical date. On November 23, 2024 Prime was worth 1.06 at the beginning of the trading date compared to the closed value of 1.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prime Mining otc stock. Still, in general, we apply an absolute valuation method to find Prime Mining'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 Prime Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prime Mining's related companies.
Open | High | Low | Close | Volume | |
1.11 | 1.13 | 1.07 | 1.08 | 76,000 | |
11/24/2024 | 1.06 | 1.06 | 1.06 | 1.06 | 0.00 |
Backtest Prime Mining | | | Prime Mining History | | | Prime Mining Valuation | Previous |
Prime Mining Trading Date Momentum on November 23, 2024
On November 24 2024 Prime Mining Corp was traded for 1.06 at the closing time. The highest daily price throughout the period was 1.06 and the lowest price was 1.06 . There was no trading activity during the period 0.0. Lack of trading volume on 11/24/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Prime Mining Corp Fundamentals Correlations and Trends
By evaluating Prime Mining'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 Prime Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Prime financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Prime Mining OTC Stock history
Prime Mining 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 Prime is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Prime Mining 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 Prime Mining stock prices may prove useful in developing a viable investing in Prime Mining
Prime Mining Corp. engages in the acquisition, exploration, and development of mineral resource properties in Mexico. Prime Mining Corp. was incorporated in 1981 and is headquartered in Vancouver, Canada. PRIME MINING is traded on OTC Exchange in the United States.
Prime Mining OTC Stock Technical Analysis
Prime Mining 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
Prime Mining Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Prime Mining 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.
Prime Mining November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Prime Mining 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 Prime Mining shares will generate the highest return on investment. By undertsting and applying Prime Mining otc stock market strength indicators, traders can identify Prime Mining Corp entry and exit signals to maximize returns
Prime Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Prime Mining's price direction in advance. Along with the technical and fundamental analysis of Prime OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Prime 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 | (0.02) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (1.20) | |||
Treynor Ratio | 0.2411 |
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Complementary Tools for Prime OTC Stock analysis
When running Prime Mining's price analysis, check to measure Prime Mining'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 Prime Mining is operating at the current time. Most of Prime Mining's value examination focuses on studying past and present price action to predict the probability of Prime Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prime Mining's price. Additionally, you may evaluate how the addition of Prime Mining to your portfolios can decrease your overall portfolio volatility.
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