Spearmint Resources Stock Price on June 16, 2023
| SPMTF Stock | USD 0.02 0 20.45% |
If you're considering investing in Spearmint Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Spearmint Resources stands at 0.02, as last reported on the 11th of December 2024, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. Spearmint Resources is out of control given 3 months investment horizon. Spearmint Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.74% are justified by taking the suggested risk. Use Spearmint Resources Risk Adjusted Performance of 0.1098, semi deviation of 10.57, and Coefficient Of Variation of 720.21 to evaluate company specific risk that cannot be diversified away.
Spearmint Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Spearmint |
Sharpe Ratio = 0.1255
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Estimated Market Risk
| 13.86 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.74 actual daily | 34 66% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Spearmint Resources 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 Spearmint Resources by adding it to a well-diversified portfolio.
Spearmint Resources Valuation on June 16, 2023
It is possible to determine the worth of Spearmint Resources on a given historical date. On June 16, 2023 Spearmint was worth 0.03 at the beginning of the trading date compared to the closed value of 0.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spearmint Resources pink sheet. Still, in general, we apply an absolute valuation method to find Spearmint Resources' 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 Spearmint Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spearmint Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.04 | 0.04 | 0.03 | 0.03 | 11,000 | |
06/16/2023 | 0.03 | 0.03 | 0.03 | 0.03 | 4,000 |
| 0.03 | 0.03 | 0.03 | 0.03 | 10,000 |
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Spearmint Resources Trading Date Momentum on June 16, 2023
| On June 20 2023 Spearmint Resources 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 10 K. The net trading volume on 06/20/2023 did not result in any price rise and fall. The trading price change to current closing price is 13.33% . |
Spearmint Resources Fundamentals Correlations and Trends
By evaluating Spearmint Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Spearmint Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Spearmint financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Spearmint Resources Pink Sheet history
Spearmint Resources 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 Spearmint is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spearmint Resources 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 Spearmint Resources stock prices may prove useful in developing a viable investing in Spearmint Resources
Spearmint Resources Inc., an exploration stage company, acquires, explores, and evaluates mineral properties in Canada and the United States. Spearmint Resources Inc. was incorporated in 2009 and is headquartered in Vancouver, Canada. Spearmint Resources is traded on OTC Exchange in the United States.
Spearmint Resources Pink Sheet Technical Analysis
Spearmint Resources 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
Spearmint Resources Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Spearmint Resources December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Spearmint Resources 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 Spearmint Resources shares will generate the highest return on investment. By undertsting and applying Spearmint Resources pink sheet market strength indicators, traders can identify Spearmint Resources entry and exit signals to maximize returns
Spearmint Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Spearmint Resources' price direction in advance. Along with the technical and fundamental analysis of Spearmint Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Spearmint 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 | 0.1098 | |||
| Jensen Alpha | 1.87 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.1255 | |||
| Treynor Ratio | 8.08 |
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Complementary Tools for Spearmint Pink Sheet analysis
When running Spearmint Resources' price analysis, check to measure Spearmint Resources' 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 Spearmint Resources is operating at the current time. Most of Spearmint Resources' value examination focuses on studying past and present price action to predict the probability of Spearmint Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spearmint Resources' price. Additionally, you may evaluate how the addition of Spearmint Resources to your portfolios can decrease your overall portfolio volatility.
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