Usha Resources Stock Price on December 2, 2024
USHAF Stock | USD 0.03 0.01 15.01% |
If you're considering investing in Usha OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Usha Resources stands at 0.03, as last reported on the 2nd of December, with the highest price reaching 0.03 and the lowest price hitting 0.03 during the day. Usha Resources 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. Usha Resources exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Usha Resources' Coefficient Of Variation of (1,059), risk adjusted performance of (0.06), and Variance of 45.5 to confirm the risk estimate we provide.
Usha OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Usha |
Sharpe Ratio = -0.1195
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Estimated Market Risk
6.19 actual daily | 55 55% of assets are less volatile |
Expected Return
-0.74 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Usha Resources 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 Usha Resources by adding Usha Resources to a well-diversified portfolio.
Usha Resources Valuation on December 2, 2024
It is possible to determine the worth of Usha Resources on a given historical date. On December 2, 2024 Usha was worth 0.03 at the beginning of the trading date compared to the closed value of 0.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Usha Resources otc stock. Still, in general, we apply an absolute valuation method to find Usha Resources' 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 Usha Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Usha Resources' related companies.
Open | High | Low | Close | Volume | |
0.03 | 0.03 | 0.03 | 0.03 | 1.00 | |
12/02/2024 | 0.03 | 0.03 | 0.03 | 0.03 | 0.00 |
Backtest Usha Resources | | | Usha Resources History | | | Usha Resources Valuation | Previous |
Usha Resources Trading Date Momentum on December 2, 2024
On December 02 2024 Usha Resources was traded for 0.03 at the closing time. The highest daily price throughout the period was 0.03 and the lowest price was 0.03 . There was no trading activity during the period 0.0. Lack of trading volume on 12/02/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% . |
Usha Resources Fundamentals Correlations and Trends
By evaluating Usha Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Usha Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Usha financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Usha Resources OTC Stock history
Usha Resources 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 Usha is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Usha 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 Usha Resources stock prices may prove useful in developing a viable investing in Usha Resources
Usha Resources Ltd. operates as a mineral acquisition and exploration company. The company was incorporated in 2018 and is headquartered in Vancouver, Canada. Usha Resources is traded on OTC Exchange in the United States.
Usha Resources OTC Stock Technical Analysis
Usha Resources 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
Usha Resources Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Usha Resources cannot be verified against its exchange. Please verify the symbol is currently traded on OTCMKTS 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.
Usha Resources December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Usha Resources 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 Usha Resources shares will generate the highest return on investment. By undertsting and applying Usha Resources otc stock market strength indicators, traders can identify Usha Resources entry and exit signals to maximize returns
Usha Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Usha Resources' price direction in advance. Along with the technical and fundamental analysis of Usha OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Usha 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 | (0.06) | |||
Jensen Alpha | (0.63) | |||
Total Risk Alpha | (1.77) | |||
Treynor Ratio | 5.34 |
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Complementary Tools for Usha OTC Stock analysis
When running Usha Resources' price analysis, check to measure Usha Resources' 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 Usha Resources is operating at the current time. Most of Usha Resources' value examination focuses on studying past and present price action to predict the probability of Usha Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Usha Resources' price. Additionally, you may evaluate how the addition of Usha Resources to your portfolios can decrease your overall portfolio volatility.
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