Wallbridge Mining Stock Price on April 12, 2024
WLBMF Stock | USD 0.04 0.01 20.00% |
If you're considering investing in Wallbridge OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wallbridge Mining stands at 0.04, as last reported on the 27th of November, with the highest price reaching 0.05 and the lowest price hitting 0.04 during the day. Wallbridge Mining shows Sharpe Ratio of -0.039, which attests that the company had a -0.039% return per unit of risk over the last 3 months. Wallbridge Mining exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wallbridge Mining's Market Risk Adjusted Performance of 0.5764, standard deviation of 8.76, and Mean Deviation of 4.23 to validate the risk estimate we provide.
Wallbridge OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Wallbridge |
Sharpe Ratio = -0.039
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Estimated Market Risk
8.11 actual daily | 72 72% of assets are less volatile |
Expected Return
-0.32 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wallbridge Mining 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 Wallbridge Mining by adding Wallbridge Mining to a well-diversified portfolio.
Wallbridge Mining Valuation on April 12, 2024
It is possible to determine the worth of Wallbridge Mining on a given historical date. On April 12, 2024 Wallbridge was worth 0.07 at the beginning of the trading date compared to the closed value of 0.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wallbridge Mining otc stock. Still, in general, we apply an absolute valuation method to find Wallbridge Mining'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 Wallbridge Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wallbridge Mining's related companies.
Open | High | Low | Close | Volume | |
0.06 | 0.07 | 0.06 | 0.07 | 112,100 | |
04/12/2024 | 0.07 | 0.08 | 0.07 | 0.07 | 176,600 |
0.07 | 0.07 | 0.07 | 0.07 | 15,000 |
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Wallbridge Mining Trading Date Momentum on April 12, 2024
On April 15 2024 Wallbridge Mining was traded for 0.07 at the closing time. The highest daily price throughout the period was 0.07 and the lowest price was 0.07 . The daily volume was 15 K. The net trading volume on 04/15/2024 had no short-term effect on price fluctuation. The trading price change to current closing price is 0.00% . |
Wallbridge Mining Fundamentals Correlations and Trends
By evaluating Wallbridge Mining'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 Wallbridge Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wallbridge financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wallbridge Mining OTC Stock history
Wallbridge Mining 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 Wallbridge is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wallbridge Mining 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 Wallbridge Mining stock prices may prove useful in developing a viable investing in Wallbridge Mining
Wallbridge Mining Company Limited engages in the acquisition, exploration, discovery, development, and production of gold. The company was incorporated in 1996 and is headquartered in Lively, Canada. WALLBRIDGE MINING operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 74 people.
Wallbridge Mining OTC Stock Technical Analysis
Wallbridge Mining 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
Wallbridge Mining Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Wallbridge Mining 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.
Wallbridge Mining November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Wallbridge Mining 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 Wallbridge Mining shares will generate the highest return on investment. By undertsting and applying Wallbridge Mining otc stock market strength indicators, traders can identify Wallbridge Mining entry and exit signals to maximize returns
Wallbridge Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wallbridge Mining's price direction in advance. Along with the technical and fundamental analysis of Wallbridge OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wallbridge 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 | 0.007 | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (1.39) | |||
Treynor Ratio | 0.5664 |
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Complementary Tools for Wallbridge OTC Stock analysis
When running Wallbridge Mining's price analysis, check to measure Wallbridge Mining'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 Wallbridge Mining is operating at the current time. Most of Wallbridge Mining's value examination focuses on studying past and present price action to predict the probability of Wallbridge Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wallbridge Mining's price. Additionally, you may evaluate how the addition of Wallbridge Mining to your portfolios can decrease your overall portfolio volatility.
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