Richmond Minerals Stock Price on November 25, 2024
RMDFF Stock | USD 0 0.00 0.00% |
If you're considering investing in Richmond Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Richmond Minerals stands at 0, as last reported on the 2nd of December, with the highest price reaching 0 and the lowest price hitting 0 during the day. Richmond Minerals maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12% return per unit of risk over the last 3 months. Richmond Minerals exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Richmond Minerals' Coefficient Of Variation of (812.40), variance of 58.24, and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide.
Richmond Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Richmond |
Sharpe Ratio = -0.124
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Estimated Market Risk
7.69 actual daily | 68 68% of assets are less volatile |
Expected Return
-0.95 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Richmond Minerals 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 Richmond Minerals by adding Richmond Minerals to a well-diversified portfolio.
Richmond Minerals Valuation on November 25, 2024
It is possible to determine the worth of Richmond Minerals on a given historical date. On November 25, 2024 Richmond was worth 0.0038 at the beginning of the trading date compared to the closed value of 0.0038. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Richmond Minerals pink sheet. Still, in general, we apply an absolute valuation method to find Richmond Minerals' 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 Richmond Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Richmond Minerals' related companies.
Open | High | Low | Close | Volume | |
0 | 0 | 0 | 0 | 1.00 | |
11/25/2024 | 0 | 0 | 0 | 0 | 1.00 |
0 | 0 | 0 | 0 | 1.00 |
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Richmond Minerals Trading Date Momentum on November 25, 2024
On November 26 2024 Richmond Minerals was traded for 0 at the closing time. The highest daily price throughout the period was 0 and the lowest price was 0 . There was no trading activity during the period 1.0. Lack of trading volume on 11/26/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Richmond Minerals Fundamentals Correlations and Trends
By evaluating Richmond Minerals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Richmond Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Richmond financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Richmond Minerals Pink Sheet history
Richmond Minerals 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 Richmond is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Richmond Minerals 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 Richmond Minerals stock prices may prove useful in developing a viable investing in Richmond Minerals
Richmond Minerals Inc. engages in the exploration and development of base and precious metals in Canada and Austria. The company was founded in 1983 and is headquartered in Toronto, Canada. RICHMOND MINERALS operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.
Richmond Minerals Pink Sheet Technical Analysis
Richmond Minerals 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
Richmond Minerals Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Richmond Minerals 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.
Richmond Minerals December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Richmond Minerals 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 Richmond Minerals shares will generate the highest return on investment. By undertsting and applying Richmond Minerals pink sheet market strength indicators, traders can identify Richmond Minerals entry and exit signals to maximize returns
Richmond Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Richmond Minerals' price direction in advance. Along with the technical and fundamental analysis of Richmond Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Richmond 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 | (0.09) | |||
Jensen Alpha | (1.19) | |||
Total Risk Alpha | (2.22) | |||
Treynor Ratio | (0.51) |
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When running Richmond Minerals' price analysis, check to measure Richmond Minerals' 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 Richmond Minerals is operating at the current time. Most of Richmond Minerals' value examination focuses on studying past and present price action to predict the probability of Richmond Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Richmond Minerals' price. Additionally, you may evaluate how the addition of Richmond Minerals to your portfolios can decrease your overall portfolio volatility.
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