Sokoman Minerals Corp Stock Price on May 24, 2024

SICNF Stock  USD 0.02  0  6.25%   
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 27th of November, with the highest price reaching 0.03 and the lowest price hitting 0.02 during the day. Sokoman Minerals Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0262, which indicates the firm had a -0.0262% return per unit of risk over the last 3 months. Sokoman Minerals Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sokoman Minerals' Variance of 77.56, risk adjusted performance of (0.01), and Coefficient Of Variation of (5,266) to confirm the risk estimate we provide.
  
Sokoman OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0262

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsSICNF

Estimated Market Risk

 8.68
  actual daily
77
77% of assets are less volatile

Expected Return

 -0.23
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  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 May 24, 2024

It is possible to determine the worth of Sokoman Minerals on a given historical date. On May 24, 2024 Sokoman was worth 0.0249 at the beginning of the trading date compared to the closed value of 0.028. 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
  0.03    0.04    0.03    0.04    285,100  
05/24/2024
  0.02    0.03    0.02    0.03    211,815  
  0.03    0.03    0.03    0.03    85,600  
Backtest Sokoman Minerals  |  Sokoman Minerals History  |  Sokoman Minerals Valuation   PreviousNext  
Open Value
0.0249
0.0003
Downside
0.028
Closing Value
26.08
Upside

Sokoman Minerals Trading Date Momentum on May 24, 2024

On May 28 2024 Sokoman Minerals Corp was traded for  0.03  at the closing time. The highest daily price throughout the period was 0.03  and the lowest price was  0.03 . The daily volume was 85.6 K. The net trading volume on 05/28/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 7.14% . The trading price change to current closing price is 13.57% .

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.
A focus of Sokoman Minerals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sokoman Minerals trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Sokoman Minerals Period Price Range

Low
November 27, 2024
0.00  NaN%
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 November 27, 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.

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.
Commodity Directory
Find actively traded commodities issued by global exchanges
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
CEOs Directory
Screen CEOs from public companies around the world
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume