Sherritt International Stock Price on October 3, 2024
| SHERF Stock | USD 0.13 0.01 7.14% |
If you're considering investing in Sherritt Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Sherritt International stands at 0.13, as last reported on the 24th of November, with the highest price reaching 0.13 and the lowest price hitting 0.13 during the day. Sherritt International appears to be out of control, given 3 months investment horizon. Sherritt International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.041, which indicates the firm had a 0.041% return per unit of risk over the last 3 months. By inspecting Sherritt International's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please review Sherritt International's Risk Adjusted Performance of 0.0407, coefficient of variation of 2457.05, and Semi Deviation of 7.22 to confirm if our risk estimates are consistent with your expectations.
Sherritt Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Sherritt |
Sharpe Ratio = 0.041
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Estimated Market Risk
| 16.24 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.67 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Sherritt International is performing at about 3% of its full potential. 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 Sherritt International by adding it to a well-diversified portfolio.
Sherritt International Valuation on October 3, 2024
It is possible to determine the worth of Sherritt International on a given historical date. On October 3, 2024 Sherritt was worth 0.14 at the beginning of the trading date compared to the closed value of 0.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sherritt International pink sheet. Still, in general, we apply an absolute valuation method to find Sherritt International'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 Sherritt International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sherritt International's related companies.
| Open | High | Low | Close | Volume | |
| 0.15 | 0.15 | 0.15 | 0.15 | 1.00 | |
10/03/2024 | 0.14 | 0.14 | 0.14 | 0.14 | 2,000 |
| 0.14 | 0.14 | 0.14 | 0.14 | 10,500 |
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Sherritt International Trading Date Momentum on October 3, 2024
| On October 04 2024 Sherritt International was traded for 0.14 at the closing time. The highest daily price throughout the period was 0.14 and the lowest price was 0.14 . The daily volume was 10.5 K. The net trading volume on 10/04/2024 did not result in any price rise and fall. The trading price change to current closing price is 14.29% . |
Sherritt International Fundamentals Correlations and Trends
By evaluating Sherritt International'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 Sherritt International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sherritt financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sherritt International Pink Sheet history
Sherritt International 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 Sherritt is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sherritt International 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 Sherritt International stock prices may prove useful in developing a viable investing in Sherritt International
Sherritt International Corporation engages in the mining, refining, and sale of nickel and cobalt from lateritic sources primarily in Canada and Cuba. The company was incorporated in 1927 and is based in Toronto, Canada. Sherritt International operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Sherritt International Pink Sheet Technical Analysis
Sherritt International 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
Sherritt International Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Sherritt International 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.
Sherritt International November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Sherritt International 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 Sherritt International shares will generate the highest return on investment. By undertsting and applying Sherritt International pink sheet market strength indicators, traders can identify Sherritt International entry and exit signals to maximize returns
Sherritt International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sherritt International's price direction in advance. Along with the technical and fundamental analysis of Sherritt Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sherritt 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 | 0.0407 | |||
| Jensen Alpha | 0.5791 | |||
| Total Risk Alpha | (1.89) | |||
| Sortino Ratio | 0.0264 | |||
| Treynor Ratio | 1.17 |
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| Volume Indicators |
Complementary Tools for Sherritt Pink Sheet analysis
When running Sherritt International's price analysis, check to measure Sherritt International'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 Sherritt International is operating at the current time. Most of Sherritt International's value examination focuses on studying past and present price action to predict the probability of Sherritt International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sherritt International's price. Additionally, you may evaluate how the addition of Sherritt International to your portfolios can decrease your overall portfolio volatility.
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