Traction Uranium Corp Stock Price on September 6, 2024
| TRCTF Stock | USD 0.21 0.03 12.50% |
If you're considering investing in Traction OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Traction Uranium stands at 0.21, as last reported on the 30th of November, with the highest price reaching 0.21 and the lowest price hitting 0.21 during the day. Traction Uranium is out of control given 3 months investment horizon. Traction Uranium Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 15.31% are justified by taking the suggested risk. Use Traction Uranium Corp Semi Deviation of 14.16, risk adjusted performance of 0.1031, and Coefficient Of Variation of 820.65 to evaluate company specific risk that cannot be diversified away.
Traction OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Traction |
Sharpe Ratio = 0.1236
| Best Portfolio | Best Equity | TRCTF | ||
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Estimated Market Risk
| 123.81 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Traction Uranium is performing at about 9% 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 Traction Uranium by adding it to a well-diversified portfolio.
Traction Uranium Valuation on September 6, 2024
It is possible to determine the worth of Traction Uranium on a given historical date. On September 6, 2024 Traction was worth 0.2 at the beginning of the trading date compared to the closed value of 0.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Traction Uranium otc stock. Still, in general, we apply an absolute valuation method to find Traction Uranium'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 Traction Uranium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Traction Uranium's related companies.
| Open | High | Low | Close | Volume | |
| 0.25 | 0.35 | 0.25 | 0.33 | 345.00 | |
09/06/2024 | 0.20 | 0.34 | 0.20 | 0.32 | 3,163 |
| 0.25 | 0.40 | 0.25 | 0.26 | 13,159 |
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Traction Uranium Trading Date Momentum on September 6, 2024
| On September 09 2024 Traction Uranium Corp was traded for 0.26 at the closing time. The highest daily price throughout the period was 0.40 and the lowest price was 0.25 . The daily volume was 13.2 K. The net trading volume on 09/09/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 18.75% . The trading price change to current closing price is 6.25% . |
Traction Uranium Corp Fundamentals Correlations and Trends
By evaluating Traction Uranium'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 Traction Uranium's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Traction financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Traction Uranium OTC Stock history
Traction Uranium 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 Traction is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Traction Uranium 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 Traction Uranium stock prices may prove useful in developing a viable investing in Traction Uranium
Traction Uranium Corp. engages in the exploration of mineral properties in Canada. The company was incorporated in 2020 and is based in Vancouver, Canada. Traction Uranium is traded on OTC Exchange in the United States.
Traction Uranium OTC Stock Technical Analysis
Traction Uranium 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
Traction Uranium Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Traction Uranium Corp 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.
Traction Uranium November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Traction Uranium 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 Traction Uranium shares will generate the highest return on investment. By undertsting and applying Traction Uranium otc stock market strength indicators, traders can identify Traction Uranium Corp entry and exit signals to maximize returns
Traction Uranium Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Traction Uranium's price direction in advance. Along with the technical and fundamental analysis of Traction OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Traction 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 | 0.1031 | |||
| Jensen Alpha | 124.16 | |||
| Total Risk Alpha | (50.46) | |||
| Sortino Ratio | 5.82 | |||
| Treynor Ratio | 1.43 |
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Complementary Tools for Traction OTC Stock analysis
When running Traction Uranium's price analysis, check to measure Traction Uranium'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 Traction Uranium is operating at the current time. Most of Traction Uranium's value examination focuses on studying past and present price action to predict the probability of Traction Uranium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Traction Uranium's price. Additionally, you may evaluate how the addition of Traction Uranium to your portfolios can decrease your overall portfolio volatility.
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