Torex Gold Resources Stock Price on October 11, 2024
| TORXF Stock | USD 21.10 0.75 3.69% |
If you're considering investing in Torex Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Torex Gold stands at 21.10, as last reported on the 28th of November, with the highest price reaching 21.10 and the lowest price hitting 20.92 during the day. At this point, Torex Gold is not too volatile. Torex Gold Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0612, which indicates the firm had a 0.0612% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Torex Gold Resources, which you can use to evaluate the volatility of the company. Please validate Torex Gold's Semi Deviation of 2.6, coefficient of variation of 2124.18, and Risk Adjusted Performance of 0.0435 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%.
Torex Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Torex |
Sharpe Ratio = 0.0612
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Estimated Market Risk
| 2.97 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Torex Gold 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 Torex Gold by adding it to a well-diversified portfolio.
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Torex Gold Valuation on October 11, 2024
It is possible to determine the worth of Torex Gold on a given historical date. On October 11, 2024 Torex was worth 21.4 at the beginning of the trading date compared to the closed value of 21.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Torex Gold pink sheet. Still, in general, we apply an absolute valuation method to find Torex Gold'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 Torex Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Torex Gold's related companies.
| Open | High | Low | Close | Volume | |
| 20.00 | 21.11 | 20.00 | 21.11 | 31,000 | |
10/11/2024 | 21.40 | 21.78 | 21.10 | 21.12 | 54,170 |
| 20.79 | 21.18 | 20.79 | 20.90 | 7,500 |
| Backtest Torex Gold | | | Torex Gold History | | | Torex Gold Valuation | Previous | Next |
Torex Gold Trading Date Momentum on October 11, 2024
| On October 14 2024 Torex Gold Resources was traded for 20.90 at the closing time. The highest daily price throughout the period was 21.18 and the lowest price was 20.79 . The daily volume was 7.5 K. The net trading volume on 10/14/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 1.04% . The trading price change to current closing price is 9.00% . |
Torex Gold Resources Fundamentals Correlations and Trends
By evaluating Torex Gold'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 Torex Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Torex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Torex Gold Pink Sheet history
Torex Gold 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 Torex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Torex Gold 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 Torex Gold stock prices may prove useful in developing a viable investing in Torex Gold
Torex Gold Resources Inc. operates as an intermediate gold producer in Mexico. Torex Gold Resources Inc. was incorporated in 1980 and is headquartered in Toronto, Canada. Torex Gold operates under Gold classification in the United States and is traded on OTC Exchange.
Torex Gold Pink Sheet Technical Analysis
Torex Gold technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Torex Gold Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Torex Gold Resources cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Torex Gold November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Torex Gold pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Torex Gold shares will generate the highest return on investment. By undertsting and applying Torex Gold pink sheet market strength indicators, traders can identify Torex Gold Resources entry and exit signals to maximize returns
Torex Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Torex Gold's price direction in advance. Along with the technical and fundamental analysis of Torex Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Torex 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 | 0.0435 | |||
| Jensen Alpha | 0.1391 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | 0.0049 | |||
| Treynor Ratio | (1.51) |
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| Volume Indicators |
Complementary Tools for Torex Pink Sheet analysis
When running Torex Gold's price analysis, check to measure Torex Gold'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 Torex Gold is operating at the current time. Most of Torex Gold's value examination focuses on studying past and present price action to predict the probability of Torex Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Torex Gold's price. Additionally, you may evaluate how the addition of Torex Gold to your portfolios can decrease your overall portfolio volatility.
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