Sokoman Minerals Corp Stock Price on March 15, 2023
| SICNF Stock | USD 0.02 0 14.74% |
If you're considering investing in Sokoman OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sokoman Minerals stands at 0.02, as last reported on the 11th of December 2024, with the highest price reaching 0.03 and the lowest price hitting 0.02 during the day. At this point, Sokoman Minerals is out of control. Sokoman Minerals Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0036, which indicates the firm had a 0.0036% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sokoman Minerals Corp, which you can use to evaluate the volatility of the company. Please validate Sokoman Minerals' Risk Adjusted Performance of 0.0188, coefficient of variation of 7545.07, and Semi Deviation of 8.32 to confirm if the risk estimate we provide is consistent with the expected return of 0.0342%.
Sokoman OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sokoman |
Sharpe Ratio = 0.0036
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SICNF |
Estimated Market Risk
| 9.54 actual daily | 84 84% of assets are less volatile |
Expected Return
| 0.03 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 Sokoman 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 Sokoman Minerals by adding Sokoman Minerals to a well-diversified portfolio.
Sokoman Minerals Valuation on March 15, 2023
It is possible to determine the worth of Sokoman Minerals on a given historical date. On March 15, 2023 Sokoman was worth 0.15 at the beginning of the trading date compared to the closed value of 0.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sokoman Minerals otc stock. Still, in general, we apply an absolute valuation method to find Sokoman 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 Sokoman Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sokoman Minerals' related companies.
| Open | High | Low | Close | Volume | |
| 0.16 | 0.16 | 0.15 | 0.15 | 18,487 | |
03/15/2023 | 0.15 | 0.15 | 0.14 | 0.15 | 22,790 |
| 0.15 | 0.16 | 0.15 | 0.15 | 42,745 |
| Backtest Sokoman Minerals | | | Sokoman Minerals History | | | Sokoman Minerals Valuation | Previous | Next |
Sokoman Minerals Trading Date Momentum on March 15, 2023
| On March 16 2023 Sokoman Minerals Corp was traded for 0.15 at the closing time. The highest daily price throughout the period was 0.16 and the lowest price was 0.15 . The daily volume was 42.7 K. The net trading volume on 03/16/2023 did not result in any price rise and fall. The trading price change to current closing price is 0.00% . |
Sokoman Minerals Corp Fundamentals Correlations and Trends
By evaluating Sokoman 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 Sokoman Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sokoman financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sokoman Minerals OTC Stock history
Sokoman 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 Sokoman is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sokoman Minerals 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 Sokoman Minerals stock prices may prove useful in developing a viable investing in Sokoman Minerals
Sokoman Minerals Corp., an exploration-stage company, focuses on exploring mineral properties in Canada. The company was formerly known as Sokoman Iron Corp. and changed its name to Sokoman Minerals Corp. in February 2019. SOKOMAN MINERALS is traded on OTC Exchange in the United States.
Sokoman Minerals OTC Stock Technical Analysis
Sokoman Minerals technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Sokoman Minerals Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Sokoman Minerals Corp cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
Sokoman Minerals December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Sokoman Minerals otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sokoman Minerals shares will generate the highest return on investment. By undertsting and applying Sokoman Minerals otc stock market strength indicators, traders can identify Sokoman Minerals Corp entry and exit signals to maximize returns
Sokoman Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sokoman Minerals' price direction in advance. Along with the technical and fundamental analysis of Sokoman OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sokoman 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 | 0.0188 | |||
| Jensen Alpha | 0.4234 | |||
| Total Risk Alpha | (1.39) | |||
| Sortino Ratio | 2.0E-4 | |||
| Treynor Ratio | (0.04) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Sokoman OTC Stock analysis
When running Sokoman Minerals' price analysis, check to measure Sokoman 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 Sokoman Minerals is operating at the current time. Most of Sokoman Minerals' value examination focuses on studying past and present price action to predict the probability of Sokoman Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sokoman Minerals' price. Additionally, you may evaluate how the addition of Sokoman Minerals to your portfolios can decrease your overall portfolio volatility.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |