Soma Gold Corp Stock Price on December 21, 2023
| SMAGF Stock | USD 0.42 0.00 0.00% |
If you're considering investing in Soma OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Soma Gold stands at 0.42, as last reported on the 3rd of December, with the highest price reaching 0.43 and the lowest price hitting 0.41 during the day. Soma Gold appears to be out of control, given 3 months investment horizon. Soma Gold Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. By inspecting Soma Gold's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please review Soma Gold's Coefficient Of Variation of 895.32, risk adjusted performance of 0.0934, and Semi Deviation of 2.42 to confirm if our risk estimates are consistent with your expectations.
Soma OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Soma |
Sharpe Ratio = 0.1402
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | SMAGF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.99 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Soma Gold is performing at about 11% 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 Soma Gold by adding it to a well-diversified portfolio.
Soma Gold Valuation on December 21, 2023
It is possible to determine the worth of Soma Gold on a given historical date. On December 21, 2023 Soma was worth 0.45 at the beginning of the trading date compared to the closed value of 0.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Soma Gold otc stock. Still, in general, we apply an absolute valuation method to find Soma Gold'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 Soma Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Soma Gold's related companies.
| Open | High | Low | Close | Volume | |
| 0.46 | 0.47 | 0.46 | 0.47 | 7,537 | |
12/21/2023 | 0.45 | 0.48 | 0.44 | 0.48 | 48,457 |
| 0.47 | 0.49 | 0.47 | 0.47 | 8,000 |
| Backtest Soma Gold | | | Soma Gold History | | | Soma Gold Valuation | Previous | Next |
Soma Gold Trading Date Momentum on December 21, 2023
| On December 22 2023 Soma Gold Corp was traded for 0.47 at the closing time. The highest daily price throughout the period was 0.49 and the lowest price was 0.47 . The daily volume was 8 K. The net trading volume on 12/22/2023 added to the next day price reduction. The trading price change to closing price of the next trading day was 2.08% . The trading price change to current closing price is 0.00% . |
Soma Gold Corp Fundamentals Correlations and Trends
By evaluating Soma Gold'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 Soma Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Soma financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Soma Gold OTC Stock history
Soma Gold 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 Soma is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Soma Gold 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 Soma Gold stock prices may prove useful in developing a viable investing in Soma Gold
Soma Gold Corp., a natural resource company, engages in the acquisition, exploration, and development of mineral properties in South America. The company was formerly known as Para Resources Inc. and changed its name to Soma Gold Corp. in May 2020. SOMA GOLD is traded on OTC Exchange in the United States.
Soma Gold OTC Stock Technical Analysis
Soma Gold 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
Soma Gold Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Soma Gold Corp cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.
Soma Gold December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Soma Gold 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 Soma Gold shares will generate the highest return on investment. By undertsting and applying Soma Gold otc stock market strength indicators, traders can identify Soma Gold Corp entry and exit signals to maximize returns
Soma Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Soma Gold's price direction in advance. Along with the technical and fundamental analysis of Soma OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Soma 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 | 0.0934 | |||
| Jensen Alpha | 0.4797 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0765 | |||
| Treynor Ratio | (1.02) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Soma OTC Stock analysis
When running Soma Gold's price analysis, check to measure Soma Gold'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 Soma Gold is operating at the current time. Most of Soma Gold's value examination focuses on studying past and present price action to predict the probability of Soma Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Soma Gold's price. Additionally, you may evaluate how the addition of Soma Gold to your portfolios can decrease your overall portfolio volatility.
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| 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 | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |