Tectonic Metals Stock Price on September 12, 2024

TETOF Stock  USD 0.04  0  10.26%   
If you're considering investing in Tectonic OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tectonic Metals stands at 0.04, as last reported on the 27th of November, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. Tectonic Metals owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0161, which indicates the firm had a -0.0161% return per unit of risk over the last 3 months. Tectonic Metals exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tectonic Metals' Variance of 26.14, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,373) to confirm the risk estimate we provide.
  
Tectonic OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0161

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Estimated Market Risk

 5.15
  actual daily
45
55% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Tectonic Metals 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 Tectonic Metals by adding Tectonic Metals to a well-diversified portfolio.

Related Headline

Nasdaq Headline on 12th of September 2024

Filed transaction by Nasdaq Inc Officer: Executive Vice President. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Tectonic Metals Valuation on September 12, 2024

It is possible to determine the worth of Tectonic Metals on a given historical date. On September 12, 2024 Tectonic was worth 0.0365 at the beginning of the trading date compared to the closed value of 0.0378. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tectonic Metals otc stock. Still, in general, we apply an absolute valuation method to find Tectonic Metals' 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 Tectonic Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tectonic Metals' related companies.
 Open High Low Close Volume
  0.04    0.04    0.04    0.04    379,369  
09/12/2024
  0.04    0.04    0.04    0.04    664,783  
  0.04    0.04    0.03    0.04    754,320  
Backtest Tectonic Metals  |  Tectonic Metals History  |  Tectonic Metals Valuation   PreviousNext  
Open Value
0.0365
0.0004
Downside
0.0378
Closing Value
15.48
Upside

Tectonic Metals Trading Date Momentum on September 12, 2024

On September 13 2024 Tectonic Metals was traded for  0.04  at the closing time. The highest daily price throughout the period was 0.04  and the lowest price was  0.03 . The daily volume was 754.3 K. The net trading volume on 09/13/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 3.17% . The trading price change to current closing price is 19.31% .

Tectonic Metals Fundamentals Correlations and Trends

By evaluating Tectonic Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tectonic Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tectonic financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Tectonic Metals OTC Stock history

Tectonic Metals 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 Tectonic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tectonic Metals 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 Tectonic Metals stock prices may prove useful in developing a viable investing in Tectonic Metals
Tectonic Metals Inc. engages in the identification, acquisition, and exploration of mineral properties in the United States and Canada. The company was incorporated in 2017 and is headquartered in Vancouver, Canada. Tectonic Metals is traded on OTC Exchange in the United States.

Tectonic Metals OTC Stock Technical Analysis

Tectonic Metals 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.
A focus of Tectonic Metals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tectonic Metals trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Tectonic Metals Period Price Range

Low
November 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Tectonic Metals 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.

Tectonic Metals November 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Tectonic Metals 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 Tectonic Metals shares will generate the highest return on investment. By undertsting and applying Tectonic Metals otc stock market strength indicators, traders can identify Tectonic Metals entry and exit signals to maximize returns

Tectonic Metals Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Tectonic Metals' price direction in advance. Along with the technical and fundamental analysis of Tectonic OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tectonic 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.

Complementary Tools for Tectonic OTC Stock analysis

When running Tectonic Metals' price analysis, check to measure Tectonic Metals' 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 Tectonic Metals is operating at the current time. Most of Tectonic Metals' value examination focuses on studying past and present price action to predict the probability of Tectonic Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tectonic Metals' price. Additionally, you may evaluate how the addition of Tectonic Metals to your portfolios can decrease your overall portfolio volatility.
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