Sayona Mining Limited Stock Price on November 27, 2024
| SYAXF Stock | USD 0.02 0.0003 1.50% |
If you're considering investing in Sayona OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sayona Mining stands at 0.02, as last reported on the 30th of November, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. Sayona Mining appears to be out of control, given 3 months investment horizon. Sayona Mining Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0864, which indicates the firm had a 0.0864% return per unit of risk over the last 3 months. By inspecting Sayona Mining's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please review Sayona Mining's Semi Deviation of 7.17, coefficient of variation of 1624.04, and Risk Adjusted Performance of 0.0561 to confirm if our risk estimates are consistent with your expectations.
Sayona OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sayona |
Sharpe Ratio = 0.0864
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Estimated Market Risk
| 7.91 actual daily | 70 70% of assets are less volatile |
Expected Return
| 0.68 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Sayona Mining is performing at about 6% 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 Sayona Mining by adding it to a well-diversified portfolio.
Sayona Mining Valuation on November 27, 2024
It is possible to determine the worth of Sayona Mining on a given historical date. On November 27, 2024 Sayona was worth 0.021 at the beginning of the trading date compared to the closed value of 0.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sayona Mining otc stock. Still, in general, we apply an absolute valuation method to find Sayona Mining'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 Sayona Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sayona Mining's related companies.
| Open | High | Low | Close | Volume | |
| 0.02 | 0.02 | 0.02 | 0.02 | 794,186 | |
11/27/2024 | 0.02 | 0.02 | 0.02 | 0.02 | 1,396,687 |
| 0.02 | 0.02 | 0.02 | 0.02 | 327,566 |
| Backtest Sayona Mining | | | Sayona Mining History | | | Sayona Mining Valuation | Previous | Next |
Sayona Mining Trading Date Momentum on November 27, 2024
| On November 29 2024 Sayona Mining Limited was traded for 0.02 at the closing time. The highest daily price throughout the period was 0.02 and the lowest price was 0.02 . The daily volume was 327.6 K. The net trading volume on 11/29/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 1.50% . The trading price change to current closing price is 7.50% . |
Sayona Mining Limited Fundamentals Correlations and Trends
By evaluating Sayona Mining'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 Sayona Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sayona financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sayona Mining OTC Stock history
Sayona Mining 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 Sayona is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sayona Mining 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 Sayona Mining stock prices may prove useful in developing a viable investing in Sayona Mining
Sayona Mining Limited, together with its subsidiaries, engages in mineral identification, acquisition, exploration, and development in Australia and Canada. Sayona Mining Limited was incorporated in 2000 and is based in Paddington, Australia. Sayona Mining operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Sayona Mining OTC Stock Technical Analysis
Sayona Mining 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
Sayona Mining Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Sayona Mining Limited cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
Sayona Mining November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Sayona Mining 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 Sayona Mining shares will generate the highest return on investment. By undertsting and applying Sayona Mining otc stock market strength indicators, traders can identify Sayona Mining Limited entry and exit signals to maximize returns
Sayona Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sayona Mining's price direction in advance. Along with the technical and fundamental analysis of Sayona OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sayona 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 | 0.0561 | |||
| Jensen Alpha | 0.5712 | |||
| Total Risk Alpha | (0.84) | |||
| Sortino Ratio | 0.0435 | |||
| Treynor Ratio | (0.62) |
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Complementary Tools for Sayona OTC Stock analysis
When running Sayona Mining's price analysis, check to measure Sayona Mining'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 Sayona Mining is operating at the current time. Most of Sayona Mining's value examination focuses on studying past and present price action to predict the probability of Sayona Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sayona Mining's price. Additionally, you may evaluate how the addition of Sayona Mining to your portfolios can decrease your overall portfolio volatility.
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