Silver Spruce Resources Stock Price on October 2, 2023
| SSE Stock | CAD 0.01 0.00 0.00% |
Below is the normalized historical share price chart for Silver Spruce Resources extending back to June 03, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Silver Spruce stands at 0.01, as last reported on the 30th of November, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day.
If you're considering investing in Silver Stock, it is important to understand the factors that can impact its price. Silver Spruce appears to be out of control, given 3 months investment horizon. Silver Spruce Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.056, which indicates the firm had a 0.056% return per unit of risk over the last 3 months. By inspecting Silver Spruce's technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please review Silver Spruce's Risk Adjusted Performance of 0.0513, coefficient of variation of 1827.74, and Variance of 191.72 to confirm if our risk estimates are consistent with your expectations.
At this time, Silver Spruce's Common Stock Shares Outstanding is fairly stable compared to the past year. Sale Purchase Of Stock is likely to climb to about 1.1 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 168.7 K in 2024. . At this time, Silver Spruce's Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to climb to 0.09 in 2024, whereas Price Earnings Ratio is likely to drop (4.48) in 2024. Silver Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0148 | 50 Day MA 0.0102 | Beta 1.358 |
Silver |
Sharpe Ratio = 0.056
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Estimated Market Risk
| 14.18 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.79 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Silver Spruce is performing at about 4% 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 Spruce by adding it to a well-diversified portfolio.
Price Book 28.8768 | Enterprise Value 2.8 M | Enterprise Value Ebitda (2.66) | Shares Float 310.3 M | Shares Outstanding 322.5 M |
Silver Spruce Valuation on October 2, 2023
It is possible to determine the worth of Silver Spruce on a given historical date. On October 2, 2023 Silver was worth 0.01 at the beginning of the trading date compared to the closed value of 0.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Silver Spruce stock. Still, in general, we apply an absolute valuation method to find Silver Spruce'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 Silver Spruce where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Silver Spruce's related companies.
| Open | High | Low | Close | Volume | |
| 0.02 | 0.02 | 0.02 | 0.02 | 10,000 | |
10/02/2023 | 0.01 | 0.01 | 0.01 | 0.01 | 1,103,100 |
| 0.02 | 0.02 | 0.01 | 0.01 | 675,500 |
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Silver Spruce Trading Date Momentum on October 2, 2023
| On October 03 2023 Silver Spruce Resources was traded for 0.01 at the closing time. The highest daily price throughout the period was 0.02 and the lowest price was 0.01 . The daily volume was 675.5 K. The net trading volume on 10/03/2023 did not result in any price rise and fall. The trading price change to current closing price is 100.00% . |
Silver Spruce Resources Fundamentals Correlations and Trends
By evaluating Silver Spruce'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 Silver Spruce's 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 Spruce Stock history
Silver Spruce 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 Spruce 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 Silver Spruce stock prices may prove useful in developing a viable investing in Silver Spruce
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 286.9 M | 301.2 M | |
| Net Loss | -1.4 M | -1.5 M |
Silver Spruce Stock Technical Analysis
Silver Spruce technical 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, stock market cycles, or different charting patterns.
Price Boundaries
Silver Spruce Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Silver Spruce Resources cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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 Spruce November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Silver Spruce stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Silver Spruce shares will generate the highest return on investment. By undertsting and applying Silver Spruce stock market strength indicators, traders can identify Silver Spruce Resources entry and exit signals to maximize returns
Silver Spruce Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Silver Spruce's price direction in advance. Along with the technical and fundamental analysis of Silver Stock 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 | 0.0513 | |||
| Jensen Alpha | 0.6677 | |||
| Total Risk Alpha | (1.56) | |||
| Treynor Ratio | 1.19 |
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Additional Tools for Silver Stock Analysis
When running Silver Spruce's price analysis, check to measure Silver Spruce'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 Silver Spruce is operating at the current time. Most of Silver Spruce's value examination focuses on studying past and present price action to predict the probability of Silver Spruce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silver Spruce's price. Additionally, you may evaluate how the addition of Silver Spruce to your portfolios can decrease your overall portfolio volatility.