Braveheart Resources Stock Price on October 16, 2024
| RIINF Stock | USD 0.03 0 5.54% |
If you're considering investing in Braveheart OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Braveheart Resources stands at 0.03, as last reported on the 27th of November, with the highest price reaching 0.03 and the lowest price hitting 0.03 during the day. Braveheart Resources secures Sharpe Ratio (or Efficiency) of -0.0446, which signifies that the company had a -0.0446% return per unit of standard deviation over the last 3 months. Braveheart Resources exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Braveheart Resources' risk adjusted performance of (0.01), and Mean Deviation of 2.27 to double-check the risk estimate we provide.
Braveheart OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Braveheart |
Sharpe Ratio = -0.0446
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Estimated Market Risk
| 4.15 actual daily | 36 64% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Braveheart 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 Braveheart Resources by adding Braveheart Resources to a well-diversified portfolio.
Braveheart Resources Valuation on October 16, 2024
It is possible to determine the worth of Braveheart Resources on a given historical date. On October 16, 2024 Braveheart was worth 0.0244 at the beginning of the trading date compared to the closed value of 0.0323. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Braveheart Resources otc stock. Still, in general, we apply an absolute valuation method to find Braveheart 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 Braveheart Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Braveheart Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.03 | 0.03 | 0.03 | 0.03 | 1.00 | |
10/16/2024 | 0.02 | 0.03 | 0.02 | 0.03 | 37,000 |
| 0.03 | 0.03 | 0.03 | 0.03 | 1,000.00 |
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Braveheart Resources Trading Date Momentum on October 16, 2024
| On October 17 2024 Braveheart Resources was traded for 0.03 at the closing time. The highest daily price throughout the period was 0.03 and the lowest price was 0.03 . The daily volume was 1000. The net trading volume on 10/17/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 3.41% . The overall trading delta to current closing price is 7.12% . |
Braveheart Resources Fundamentals Correlations and Trends
By evaluating Braveheart 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 Braveheart Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Braveheart financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Braveheart Resources OTC Stock history
Braveheart 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 Braveheart is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Braveheart 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 Braveheart Resources stock prices may prove useful in developing a viable investing in Braveheart Resources
Braveheart Resources Inc., an exploration stage company, acquires, develops, and explores for mineral properties primarily in Canada. The company was incorporated in 2009 and is headquartered in Calgary, Canada. Braveheart Resources is traded on OTC Exchange in the United States.
Braveheart Resources OTC Stock Technical Analysis
Braveheart 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
Braveheart Resources Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Braveheart Resources cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
Braveheart Resources November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Braveheart 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 Braveheart Resources shares will generate the highest return on investment. By undertsting and applying Braveheart Resources otc stock market strength indicators, traders can identify Braveheart Resources entry and exit signals to maximize returns
Braveheart Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Braveheart Resources' price direction in advance. Along with the technical and fundamental analysis of Braveheart OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Braveheart 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 | (0.01) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.77) | |||
| Treynor Ratio | (0.35) |
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Complementary Tools for Braveheart OTC Stock analysis
When running Braveheart Resources' price analysis, check to measure Braveheart 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 Braveheart Resources is operating at the current time. Most of Braveheart Resources' value examination focuses on studying past and present price action to predict the probability of Braveheart Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Braveheart Resources' price. Additionally, you may evaluate how the addition of Braveheart Resources to your portfolios can decrease your overall portfolio volatility.
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