Sigma Lithium Resources Stock Price on July 27, 2024
| SGML Stock | 15.83 0.01 0.06% |
If you're considering investing in Sigma Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sigma Lithium stands at 15.83, as last reported on the 20th of February, with the highest price reaching 16.50 and the lowest price hitting 15.83 during the day. Sigma Lithium Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11 % return per unit of risk over the last 3 months. Sigma Lithium Resources exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sigma Lithium's Risk Adjusted Performance of (0.08), variance of 8.17, and Coefficient Of Variation of (761.39) to confirm the risk estimate we provide.
Sigma Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sigma |
Sharpe Ratio = -0.1071
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Estimated Market Risk
| 2.82 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sigma Lithium 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 Sigma Lithium by adding Sigma Lithium to a well-diversified portfolio.
Sigma Lithium Valuation on July 27, 2024
It is possible to determine the worth of Sigma Lithium on a given historical date. On July 27, 2024 Sigma was worth 15.86 at the beginning of the trading date compared to the closed value of 16.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sigma Lithium stock. Still, in general, we apply an absolute valuation method to find Sigma Lithium'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 Sigma Lithium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sigma Lithium's related companies.
| Open | High | Low | Close | Volume | |
| 15.61 | 16.25 | 15.03 | 15.89 | 17,600 | |
07/26/2024 | 15.86 | 16.41 | 15.46 | 16.00 | 12,100 |
| 15.89 | 15.89 | 15.00 | 15.40 | 12,700 |
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Sigma Lithium Trading Date Momentum on July 27, 2024
| On July 29 2024 Sigma Lithium Resources was traded for 15.40 at the closing time. The maximum traded price for the trading interval was 15.89 and the lowest daily price was 15.00 . The daily volume was recorded at 12.7 K. The volume of trading on 29th of July 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 3.75% . The trading price change to the closing price today is 23.25% . |
Sigma Lithium Resources Fundamentals Correlations and Trends
By evaluating Sigma Lithium'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 Sigma Lithium's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sigma financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sigma Lithium Stock history
Sigma Lithium 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 Sigma is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sigma Lithium 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 Sigma Lithium stock prices may prove useful in developing a viable investing in Sigma Lithium
Sigma Lithium Stock Technical Analysis
Sigma Lithium 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
Sigma Lithium Period Price Range
Low | February 20, 2025
| High |
0.00 | 0.00 |
Sigma Lithium Resources 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.
Sigma Lithium February 20, 2025 Market Strength
Market strength indicators help investors to evaluate how Sigma Lithium stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sigma Lithium shares will generate the highest return on investment. By undertsting and applying Sigma Lithium stock market strength indicators, traders can identify Sigma Lithium Resources entry and exit signals to maximize returns
Sigma Lithium Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sigma Lithium's price direction in advance. Along with the technical and fundamental analysis of Sigma Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sigma 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 | (0.08) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | 0.5165 |
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Additional Tools for Sigma Stock Analysis
When running Sigma Lithium's price analysis, check to measure Sigma Lithium'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 Sigma Lithium is operating at the current time. Most of Sigma Lithium's value examination focuses on studying past and present price action to predict the probability of Sigma Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sigma Lithium's price. Additionally, you may evaluate how the addition of Sigma Lithium to your portfolios can decrease your overall portfolio volatility.