Summa Silver Corp Stock Price on November 1, 2024
| SSVR Stock | CAD 0.28 0.01 3.70% |
If you're considering investing in Summa Stock, it is important to understand the factors that can impact its price. As of today, the current price of Summa Silver stands at 0.28, as last reported on the 24th of November, with the highest price reaching 0.28 and the lowest price hitting 0.27 during the day. Summa Silver Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Summa Silver Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Summa Silver's Risk Adjusted Performance of (0.06), variance of 19.42, and Coefficient Of Variation of (1,205) to confirm the risk estimate we provide.
At this time, Summa Silver's Total Stockholder Equity is fairly stable compared to the past year. Capital Stock is likely to climb to about 55.3 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 5.4 M in 2024. . Price Earnings Ratio is likely to drop to -13.2 in 2024. Price Book Value Ratio is likely to drop to 1.04 in 2024. Summa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Summa |
Sharpe Ratio = -0.1123
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Estimated Market Risk
| 4.43 actual daily | 39 61% of assets are more volatile |
Expected Return
| -0.5 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Summa Silver 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 Summa Silver by adding Summa Silver to a well-diversified portfolio.
Price Book 0.7591 | Book Value 0.426 | Enterprise Value 31.9 M | Enterprise Value Ebitda (13.36) | Shares Float 73.4 M |
Summa Silver Valuation on November 1, 2024
It is possible to determine the worth of Summa Silver on a given historical date. On November 1, 2024 Summa was worth 0.37 at the beginning of the trading date compared to the closed value of 0.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Summa Silver stock. Still, in general, we apply an absolute valuation method to find Summa Silver'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 Summa Silver where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Summa Silver's related companies.
| Open | High | Low | Close | Volume | |
| 0.39 | 0.39 | 0.35 | 0.37 | 253,353 | |
11/01/2024 | 0.37 | 0.38 | 0.36 | 0.36 | 154,050 |
| 0.36 | 0.38 | 0.36 | 0.36 | 187,597 |
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Summa Silver Trading Date Momentum on November 1, 2024
| On November 04 2024 Summa Silver Corp was traded for 0.36 at the closing time. The maximum traded price for the trading interval was 0.38 and the lowest daily price was 0.36 . The daily volume was recorded at 187.6 K. The volume of trading on 4th of November 2024 did not result in any price rise and fall. The trading price change to the closing price today is 13.89% . |
Summa Silver Corp Fundamentals Correlations and Trends
By evaluating Summa Silver'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 Summa Silver's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Summa financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Summa Silver Stock history
Summa Silver 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 Summa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Summa Silver 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 Summa Silver stock prices may prove useful in developing a viable investing in Summa Silver
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 110.1 M | 56.9 M | |
| Net Loss | -3.3 M | -3.2 M |
Summa Silver Quarterly Net Working Capital |
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Summa Silver Stock Technical Analysis
Summa Silver 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
Summa Silver Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Summa Silver Corp 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.
Summa Silver November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Summa Silver stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Summa Silver shares will generate the highest return on investment. By undertsting and applying Summa Silver stock market strength indicators, traders can identify Summa Silver Corp entry and exit signals to maximize returns
Summa Silver Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Summa Silver's price direction in advance. Along with the technical and fundamental analysis of Summa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Summa 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 | (0.06) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (1.07) | |||
| Treynor Ratio | 3.76 |
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Additional Tools for Summa Stock Analysis
When running Summa Silver's price analysis, check to measure Summa Silver'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 Summa Silver is operating at the current time. Most of Summa Silver's value examination focuses on studying past and present price action to predict the probability of Summa Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summa Silver's price. Additionally, you may evaluate how the addition of Summa Silver to your portfolios can decrease your overall portfolio volatility.