Saga Metals Corp Stock Price on December 2, 2024
| SAGA Stock | 0.33 0.05 17.86% |
If you're considering investing in Saga Stock, it is important to understand the factors that can impact its price. As of today, the current price of Saga Metals stands at 0.33, as last reported on the 2nd of December, with the highest price reaching 0.35 and the lowest price hitting 0.30 during the day. Saga Metals Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0045, which indicates the firm had a -0.0045% return per unit of risk over the last 3 months. Saga Metals Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Saga Metals' Risk Adjusted Performance of 0.0056, coefficient of variation of (21,893), and Variance of 69.38 to confirm the risk estimate we provide.
Saga Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Saga |
Sharpe Ratio = -0.0045
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Estimated Market Risk
| 8.25 actual daily | 73 73% of assets are less volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Saga Metals 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 Saga Metals by adding Saga Metals to a well-diversified portfolio.
Saga Metals Valuation on December 2, 2024
It is possible to determine the worth of Saga Metals on a given historical date. On December 2, 2024 Saga was worth 0.3 at the beginning of the trading date compared to the closed value of 0.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Saga Metals stock. Still, in general, we apply an absolute valuation method to find Saga Metals' 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 Saga Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Saga Metals' related companies.
| Open | High | Low | Close | Volume | |
| 0.30 | 0.35 | 0.30 | 0.33 | 115,375 | |
12/02/2024 | 0.30 | 0.35 | 0.30 | 0.33 | 0.00 |
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Saga Metals Trading Date Momentum on December 2, 2024
| On December 02 2024 Saga Metals Corp was traded for 0.33 at the closing time. The maximum traded price for the trading interval was 0.35 and the lowest daily price was 0.30 . There was no trading activity during the period 0.0. Lack of trading volume on 2nd of December 2024 did not result in any price rise and fall. The trading price change to the closing price today is 9.09% . |
About Saga Metals Stock history
Saga Metals 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 Saga is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Saga Metals 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 Saga Metals stock prices may prove useful in developing a viable investing in Saga Metals
Saga Metals Stock Technical Analysis
Saga Metals technical 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, stock market cycles, or different charting patterns.
Price Boundaries
Saga Metals Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Saga Metals Corp cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Saga Metals December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Saga Metals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Saga Metals shares will generate the highest return on investment. By undertsting and applying Saga Metals stock market strength indicators, traders can identify Saga Metals Corp entry and exit signals to maximize returns
Saga Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Saga Metals' price direction in advance. Along with the technical and fundamental analysis of Saga Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Saga 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 | 0.0056 | |||
| Jensen Alpha | 0.0844 | |||
| Total Risk Alpha | (1.44) | |||
| Treynor Ratio | 0.0463 |
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Additional Tools for Saga Stock Analysis
When running Saga Metals' price analysis, check to measure Saga Metals' 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 Saga Metals is operating at the current time. Most of Saga Metals' value examination focuses on studying past and present price action to predict the probability of Saga Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Saga Metals' price. Additionally, you may evaluate how the addition of Saga Metals to your portfolios can decrease your overall portfolio volatility.