Ximen Mining Corp Stock Price on May 16, 2023

XIM Stock  CAD 0.1  0.01  11.76%   
Below is the normalized historical share price chart for Ximen Mining Corp extending back to January 07, 2008. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Ximen Mining stands at 0.1, as last reported on the 29th of November, with the highest price reaching 0.1 and the lowest price hitting 0.1 during the day.
200 Day MA
0.1323
50 Day MA
0.1062
Beta
0.515
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Ximen Stock, it is important to understand the factors that can impact its price. Ximen Mining appears to be out of control, given 3 months investment horizon. Ximen Mining Corp shows Sharpe Ratio of 0.0385, which attests that the company had a 0.0385% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Ximen Mining Corp, which you can use to evaluate the volatility of the company. Please utilize Ximen Mining's Mean Deviation of 4.5, market risk adjusted performance of 0.0828, and Downside Deviation of 15.07 to validate if our risk estimates are consistent with your expectations.
  
At this time, Ximen Mining's Common Stock Shares Outstanding is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 3.9 M in 2024, whereas Capital Stock is likely to drop slightly above 40.9 M in 2024. . Price Earnings Ratio is likely to drop to -1.01 in 2024. Price Book Value Ratio is likely to climb to -16.35 in 2024. Ximen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0385

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Estimated Market Risk

 7.8
  actual daily
69
69% of assets are less volatile

Expected Return

 0.3
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average Ximen Mining is performing at about 3% 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 Ximen Mining by adding it to a well-diversified portfolio.
Price Book
9.3731
Book Value
(0.01)
Enterprise Value
4.5 M
Enterprise Value Ebitda
(3.95)
Shares Float
38 M

Ximen Mining Valuation on May 16, 2023

It is possible to determine the worth of Ximen Mining on a given historical date. On May 16, 2023 Ximen was worth 0.65 at the beginning of the trading date compared to the closed value of 0.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ximen Mining stock. Still, in general, we apply an absolute valuation method to find Ximen 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 Ximen Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ximen Mining's related companies.
 Open High Low Close Volume
  0.70    0.70    0.63    0.63    4,500  
05/16/2023
  0.65    0.65    0.65    0.65    804.00  
  0.62    0.62    0.57    0.57    61,600  
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Open Value
0.65
0.65
Closing Value
24.04
Upside

Ximen Mining Trading Date Momentum on May 16, 2023

On May 17 2023 Ximen Mining Corp was traded for  0.57  at the closing time. The highest daily price throughout the period was 0.62  and the lowest price was  0.57 . The daily volume was 61.6 K. The net trading volume on 05/17/2023 added to the next day price reduction. The trading price change to closing price of the next trading day was 12.31% . The trading price change to current closing price is 15.38% .

Ximen Mining Corp Fundamentals Correlations and Trends

By evaluating Ximen 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 Ximen Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ximen financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Ximen Mining Stock history

Ximen 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 Ximen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ximen Mining 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 Ximen Mining stock prices may prove useful in developing a viable investing in Ximen Mining
Last ReportedProjected for Next Year
Common Stock Shares Outstanding37.5 M39.3 M
Net Loss-5.1 M-5.3 M

Ximen Mining Stock Technical Analysis

Ximen Mining technical 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, stock market cycles, or different charting patterns.
A focus of Ximen Mining technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ximen Mining trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Ximen Mining Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Ximen Mining Corp cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.

Ximen Mining November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Ximen Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ximen Mining shares will generate the highest return on investment. By undertsting and applying Ximen Mining stock market strength indicators, traders can identify Ximen Mining Corp entry and exit signals to maximize returns

Ximen Mining Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Ximen Mining's price direction in advance. Along with the technical and fundamental analysis of Ximen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ximen 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.

Additional Tools for Ximen Stock Analysis

When running Ximen Mining's price analysis, check to measure Ximen 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 Ximen Mining is operating at the current time. Most of Ximen Mining's value examination focuses on studying past and present price action to predict the probability of Ximen 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 Ximen Mining's price. Additionally, you may evaluate how the addition of Ximen Mining to your portfolios can decrease your overall portfolio volatility.