Silver Mines Limited Stock Price on December 2, 2024
| SLVMF Stock | USD 0.09 0.00 0.00% |
If you're considering investing in Silver Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Silver Mines stands at 0.09, as last reported on the 2nd of December, with the highest price reaching 0.09 and the lowest price hitting 0.09 during the day. Silver Mines is out of control given 3 months investment horizon. Silver Mines Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have collected data for twenty-four different technical indicators, which can help you to evaluate if expected returns of 2.5% are justified by taking the suggested risk. Use Silver Mines Limited Coefficient Of Variation of 991.87, semi deviation of 8.98, and Risk Adjusted Performance of 0.0867 to evaluate company specific risk that cannot be diversified away.
Silver Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Silver |
Sharpe Ratio = 0.1206
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Estimated Market Risk
| 20.7 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.5 actual daily | 49 51% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Silver Mines is performing at about 9% 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 Silver Mines by adding it to a well-diversified portfolio.
Silver Mines Valuation on December 2, 2024
It is possible to determine the worth of Silver Mines on a given historical date. On December 2, 2024 Silver was worth 0.09 at the beginning of the trading date compared to the closed value of 0.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Silver Mines pink sheet. Still, in general, we apply an absolute valuation method to find Silver Mines' 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 Silver Mines where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Silver Mines' related companies.
| Open | High | Low | Close | Volume | |
| 0.09 | 0.09 | 0.09 | 0.09 | 1.00 | |
12/02/2024 | 0.09 | 0.09 | 0.09 | 0.09 | 0.00 |
| Backtest Silver Mines | | | Silver Mines History | | | Silver Mines Valuation | Previous |
Silver Mines Trading Date Momentum on December 2, 2024
| On December 02 2024 Silver Mines Limited was traded for 0.09 at the closing time. The highest daily price throughout the period was 0.09 and the lowest price was 0.09 . There was no trading activity during the period 0.0. Lack of trading volume on 12/02/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% . |
Silver Mines Limited Fundamentals Correlations and Trends
By evaluating Silver Mines' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Silver Mines' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Silver financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Silver Mines Pink Sheet history
Silver Mines 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 Silver is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Silver Mines Limited 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 Silver Mines stock prices may prove useful in developing a viable investing in Silver Mines
Silver Mines Limited primarily engages in the acquisition, exploration, and development of silver projects in Australia. Silver Mines Limited was incorporated in 2004 and is based in Sydney, Australia. Silver Mines operates under Silver classification in the United States and is traded on OTC Exchange. It employs 26 people.
Silver Mines Pink Sheet Technical Analysis
Silver Mines 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
Silver Mines Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Silver Mines Limited 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.
Silver Mines December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Silver Mines 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 Silver Mines shares will generate the highest return on investment. By undertsting and applying Silver Mines pink sheet market strength indicators, traders can identify Silver Mines Limited entry and exit signals to maximize returns
Silver Mines Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Silver Mines' price direction in advance. Along with the technical and fundamental analysis of Silver Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Silver 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 | 0.0867 | |||
| Jensen Alpha | 1.45 | |||
| Total Risk Alpha | (1.39) | |||
| Sortino Ratio | 0.08 | |||
| Treynor Ratio | 0.4199 |
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| Volume Indicators |
Complementary Tools for Silver Pink Sheet analysis
When running Silver Mines' price analysis, check to measure Silver Mines' 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 Silver Mines is operating at the current time. Most of Silver Mines' value examination focuses on studying past and present price action to predict the probability of Silver Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silver Mines' price. Additionally, you may evaluate how the addition of Silver Mines to your portfolios can decrease your overall portfolio volatility.
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