Tectonic Metals Stock Price on November 22, 2024
| TETOF Stock | USD 0.04 0 11.43% |
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 23rd of November, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. At this point, Tectonic Metals is out of control. Tectonic Metals owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0071, which indicates the firm had a 0.0071% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Tectonic Metals, which you can use to evaluate the volatility of the company. Please validate Tectonic Metals' insignificant Risk Adjusted Performance, coefficient of variation of (7,806), and Variance of 24.57 to confirm if the risk estimate we provide is consistent with the expected return of 0.0376%.
Tectonic OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tectonic |
Sharpe Ratio = 0.0071
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TETOF |
Estimated Market Risk
| 5.31 actual daily | 47 53% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 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.
Tectonic Metals Valuation on November 22, 2024
It is possible to determine the worth of Tectonic Metals on a given historical date. On November 22, 2024 Tectonic was worth 0.0368 at the beginning of the trading date compared to the closed value of 0.035. 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 | 418,481 | |
11/22/2024 | 0.04 | 0.04 | 0.04 | 0.04 | 254,320 |
| 0.04 | 0.04 | 0.04 | 0.04 | 0.00 |
| Backtest Tectonic Metals | | | Tectonic Metals History | | | Tectonic Metals Valuation | Previous | Next |
Tectonic Metals Trading Date Momentum on November 22, 2024
| On November 23 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 0.04 . There was no trading activity during the period 0.0. Lack of trading volume on 11/23/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 11.43% . The trading price change to current closing price is 8.57% . |
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.
Price Boundaries
Tectonic Metals Period Price Range
Low | November 23, 2024
| 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 23, 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.
| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.85) | |||
| Treynor Ratio | (0.07) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |