Wealth Minerals Stock Price on September 17, 2024
WMLLF Stock | USD 0.05 0.01 25.00% |
If you're considering investing in Wealth OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wealth Minerals stands at 0.05, as last reported on the 24th of November, with the highest price reaching 0.05 and the lowest price hitting 0.04 during the day. Wealth Minerals shows Sharpe Ratio of -0.0045, which attests that the company had a -0.0045% return per unit of risk over the last 3 months. Wealth Minerals exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wealth Minerals' Downside Deviation of 15.64, market risk adjusted performance of (0.17), and Mean Deviation of 5.71 to validate the risk estimate we provide.
Wealth OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Wealth |
Sharpe Ratio = -0.0045
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Estimated Market Risk
9.9 actual daily | 88 88% of assets are less volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wealth Minerals 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 Wealth Minerals by adding Wealth Minerals to a well-diversified portfolio.
Wealth Minerals Valuation on September 17, 2024
It is possible to determine the worth of Wealth Minerals on a given historical date. On September 17, 2024 Wealth was worth 0.08 at the beginning of the trading date compared to the closed value of 0.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wealth Minerals otc stock. Still, in general, we apply an absolute valuation method to find Wealth Minerals' 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 Wealth Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wealth Minerals' related companies.
Open | High | Low | Close | Volume | |
0.07 | 0.08 | 0.07 | 0.08 | 59,100 | |
09/17/2024 | 0.08 | 0.08 | 0.07 | 0.08 | 16,600 |
0.07 | 0.08 | 0.07 | 0.08 | 1,200 |
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Wealth Minerals Trading Date Momentum on September 17, 2024
On September 18 2024 Wealth Minerals was traded for 0.08 at the closing time. The highest daily price throughout the period was 0.08 and the lowest price was 0.07 . The daily volume was 1.2 K. The net trading volume on 09/18/2024 had no short-term effect on price fluctuation. The trading price change to current closing price is 25.00% . |
Wealth Minerals Fundamentals Correlations and Trends
By evaluating Wealth Minerals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Wealth Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wealth financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wealth Minerals OTC Stock history
Wealth Minerals 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 Wealth is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wealth Minerals 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 Wealth Minerals stock prices may prove useful in developing a viable investing in Wealth Minerals
Wealth Minerals Ltd., a junior mineral resource exploration company, engages in the acquisition, exploration, and development of mineral properties in Chile, Canada, and Mexico. It principally holds interests in the Atacama project that comprises 144 exploration concessions covering an area of approximately 46,200 hectares located in the Atacama Salar in Region II of Antofagasta, northern Chile. WEALTH MINERALS is traded on OTC Exchange in the United States.
Wealth Minerals OTC Stock Technical Analysis
Wealth Minerals 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
Wealth Minerals Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Wealth Minerals 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.
Wealth Minerals November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Wealth Minerals 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 Wealth Minerals shares will generate the highest return on investment. By undertsting and applying Wealth Minerals otc stock market strength indicators, traders can identify Wealth Minerals entry and exit signals to maximize returns
Wealth Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wealth Minerals' price direction in advance. Along with the technical and fundamental analysis of Wealth OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wealth 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 | 0.0252 | |||
Jensen Alpha | 0.3355 | |||
Total Risk Alpha | (1.38) | |||
Sortino Ratio | 0.005 | |||
Treynor Ratio | (0.18) |
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Complementary Tools for Wealth OTC Stock analysis
When running Wealth Minerals' price analysis, check to measure Wealth Minerals' 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 Wealth Minerals is operating at the current time. Most of Wealth Minerals' value examination focuses on studying past and present price action to predict the probability of Wealth Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wealth Minerals' price. Additionally, you may evaluate how the addition of Wealth Minerals to your portfolios can decrease your overall portfolio volatility.
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