Resolute Mining Limited Stock Price on October 29, 2024
RMGGF Stock | USD 0.26 0.01 3.70% |
If you're considering investing in Resolute Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Resolute Mining stands at 0.26, as last reported on the 27th of November, with the highest price reaching 0.27 and the lowest price hitting 0.26 during the day. Resolute Mining maintains Sharpe Ratio (i.e., Efficiency) of -0.0619, which implies the firm had a -0.0619% return per unit of risk over the last 3 months. Resolute Mining exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Resolute Mining's Coefficient Of Variation of (1,883), risk adjusted performance of (0.03), and Variance of 49.24 to confirm the risk estimate we provide.
Resolute Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Resolute |
Sharpe Ratio = -0.0619
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Estimated Market Risk
7.14 actual daily | 63 63% of assets are less volatile |
Expected Return
-0.44 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Resolute 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 Resolute Mining by adding Resolute Mining to a well-diversified portfolio.
Resolute Mining Valuation on October 29, 2024
It is possible to determine the worth of Resolute Mining on a given historical date. On October 29, 2024 Resolute was worth 0.52 at the beginning of the trading date compared to the closed value of 0.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Resolute Mining pink sheet. Still, in general, we apply an absolute valuation method to find Resolute 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 Resolute Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Resolute Mining's related companies.
Open | High | Low | Close | Volume | |
0.59 | 0.59 | 0.59 | 0.59 | 1.00 | |
10/29/2024 | 0.52 | 0.52 | 0.52 | 0.52 | 14,999 |
0.52 | 0.52 | 0.52 | 0.52 | 1.00 |
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Resolute Mining Trading Date Momentum on October 29, 2024
On October 30 2024 Resolute Mining Limited was traded for 0.52 at the closing time. The highest daily price throughout the period was 0.52 and the lowest price was 0.52 . There was no trading activity during the period 1.0. Lack of trading volume on 10/30/2024 did not cause price change. The trading delta at closing time to current closing price is 3.85% . |
Resolute Mining Fundamentals Correlations and Trends
By evaluating Resolute 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 Resolute Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Resolute financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Resolute Mining Pink Sheet history
Resolute 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 Resolute is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Resolute Mining 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 Resolute Mining stock prices may prove useful in developing a viable investing in Resolute Mining
Resolute Mining Limited engages in mining, exploration, development, operation, and production of gold properties in Africa, the United Kingdom, and Australia. Resolute Mining Limited was incorporated in 2001 and is based in Perth, Australia. RESOLUTE MINING operates under Gold classification in the United States and is traded on OTC Exchange. It employs 4059 people.
Resolute Mining Pink Sheet Technical Analysis
Resolute Mining 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
Resolute Mining Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
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Resolute Mining November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Resolute Mining 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 Resolute Mining shares will generate the highest return on investment. By undertsting and applying Resolute Mining pink sheet market strength indicators, traders can identify Resolute Mining Limited entry and exit signals to maximize returns
Resolute Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Resolute Mining's price direction in advance. Along with the technical and fundamental analysis of Resolute Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Resolute 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 | (0.03) | |||
Jensen Alpha | (0.42) | |||
Total Risk Alpha | (1.49) | |||
Treynor Ratio | (1.17) |
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Complementary Tools for Resolute Pink Sheet analysis
When running Resolute Mining's price analysis, check to measure Resolute 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 Resolute Mining is operating at the current time. Most of Resolute Mining's value examination focuses on studying past and present price action to predict the probability of Resolute 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 Resolute Mining's price. Additionally, you may evaluate how the addition of Resolute Mining to your portfolios can decrease your overall portfolio volatility.
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