Providence Gold Mines Stock Price on December 1, 2024
| PRRVF Stock | USD 0.02 0.01 36.36% |
If you're considering investing in Providence Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Providence Gold stands at 0.02, as last reported on the 1st of December, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. Providence Gold is out of control given 3 months investment horizon. Providence Gold Mines maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 7.06% are justified by taking the suggested risk. Use Providence Gold Risk Adjusted Performance of 0.0963, coefficient of variation of 884.92, and Semi Deviation of 14.09 to evaluate company specific risk that cannot be diversified away.
Providence Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Providence |
Sharpe Ratio = 0.1139
| Best Portfolio | Best Equity | PRRVF | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 62.0 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Providence Gold is performing at about 8% 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 Providence Gold by adding it to a well-diversified portfolio.
Providence Gold Valuation on December 1, 2024
It is possible to determine the worth of Providence Gold on a given historical date. On December 1, 2024 Providence was worth 0.0225 at the beginning of the trading date compared to the closed value of 0.0225. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Providence Gold pink sheet. Still, in general, we apply an absolute valuation method to find Providence Gold'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 Providence Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Providence Gold's related companies.
| Open | High | Low | Close | Volume | |
| 0.02 | 0.02 | 0.02 | 0.02 | 1.00 | |
12/01/2024 | 0.02 | 0.02 | 0.02 | 0.02 | 0.00 |
| Backtest Providence Gold | | | Providence Gold History | | | Providence Gold Valuation | Previous |
Providence Gold Trading Date Momentum on December 1, 2024
| On December 01 2024 Providence Gold Mines was traded for 0.02 at the closing time. The highest daily price throughout the period was 0.02 and the lowest price was 0.02 . There was no trading activity during the period 0.0. Lack of trading volume on 12/01/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Providence Gold Mines Fundamentals Correlations and Trends
By evaluating Providence Gold'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 Providence Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Providence financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Providence Gold Pink Sheet history
Providence Gold 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 Providence is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Providence Gold Mines 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 Providence Gold stock prices may prove useful in developing a viable investing in Providence Gold
Providence Gold Mines Inc., an exploration stage company, engages in the exploration and evaluation of mineral properties located in the United States. Providence Gold Mines Inc. was incorporated in 2010 and is based in Surrey, Canada. Providence Gold is traded on OTC Exchange in the United States.
Providence Gold Pink Sheet Technical Analysis
Providence Gold 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
Providence Gold Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Providence Gold Mines 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.
Providence Gold December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Providence Gold 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 Providence Gold shares will generate the highest return on investment. By undertsting and applying Providence Gold pink sheet market strength indicators, traders can identify Providence Gold Mines entry and exit signals to maximize returns
Providence Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Providence Gold's price direction in advance. Along with the technical and fundamental analysis of Providence Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Providence 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 | 0.0963 | |||
| Jensen Alpha | 7.92 | |||
| Total Risk Alpha | (3.33) | |||
| Sortino Ratio | 0.1372 | |||
| Treynor Ratio | (0.91) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Providence Pink Sheet analysis
When running Providence Gold's price analysis, check to measure Providence Gold'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 Providence Gold is operating at the current time. Most of Providence Gold's value examination focuses on studying past and present price action to predict the probability of Providence Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Providence Gold's price. Additionally, you may evaluate how the addition of Providence Gold to your portfolios can decrease your overall portfolio volatility.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |