Erdene Resource Development Stock Price History
ERDCF Stock | USD 0.43 0.01 2.38% |
If you're considering investing in Erdene Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Erdene Resource stands at 0.43, as last reported on the 30th of November, with the highest price reaching 0.43 and the lowest price hitting 0.42 during the day. Erdene Resource appears to be out of control, given 3 months investment horizon. Erdene Resource Deve secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Erdene Resource Development, which you can use to evaluate the volatility of the firm. Please utilize Erdene Resource's Semi Deviation of 2.87, downside deviation of 4.09, and Mean Deviation of 3.15 to check if our risk estimates are consistent with your expectations.
Erdene Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Erdene |
Sharpe Ratio = 0.1267
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Estimated Market Risk
3.91 actual daily | 34 66% of assets are more volatile |
Expected Return
0.49 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Erdene Resource 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 Erdene Resource by adding it to a well-diversified portfolio.
Erdene Resource Pink Sheet Price History Chart
There are several ways to analyze Erdene Stock price data. The simplest method is using a basic Erdene candlestick price chart, which shows Erdene Resource price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | October 7, 2024 | 0.57 |
Lowest Price | September 10, 2024 | 0.31 |
Erdene Resource November 30, 2024 Pink Sheet Price Synopsis
Various analyses of Erdene Resource's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Erdene Pink Sheet. It can be used to describe the percentage change in the price of Erdene Resource from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Erdene Pink Sheet.Erdene Resource Accumulation Distribution | 316.93 | |
Erdene Resource Price Daily Balance Of Power | 1.00 | |
Erdene Resource Price Rate Of Daily Change | 1.02 | |
Erdene Resource Price Action Indicator | 0.01 |
Erdene Resource November 30, 2024 Pink Sheet Price Analysis
Erdene Pink Sheet Price History Data
The price series of Erdene Resource for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 has a statistical range of 0.26 with a coefficient of variation of 16.1. Under current investment horizon, the daily prices are spread out with arithmetic mean of 0.44. The median price for the last 90 days is 0.45. The company completed 1:2 stock split on 9th of November 2012.Open | High | Low | Close | Volume | ||
11/29/2024 | 0.42 | 0.43 | 0.42 | 0.43 | 13,628 | |
11/27/2024 | 0.43 | 0.43 | 0.42 | 0.42 | 5,300 | |
11/26/2024 | 0.43 | 0.43 | 0.41 | 0.42 | 7,600 | |
11/25/2024 | 0.43 | 0.44 | 0.43 | 0.44 | 33,943 | |
11/22/2024 | 0.43 | 0.44 | 0.43 | 0.44 | 2,300 | |
11/21/2024 | 0.43 | 0.44 | 0.43 | 0.44 | 3,600 | |
11/20/2024 | 0.45 | 0.45 | 0.43 | 0.43 | 64,500 | |
11/19/2024 | 0.44 | 0.46 | 0.44 | 0.45 | 56,800 | |
11/18/2024 | 0.43 | 0.44 | 0.43 | 0.43 | 8,474 | |
11/15/2024 | 0.43 | 0.44 | 0.43 | 0.43 | 25,100 | |
11/14/2024 | 0.39 | 0.42 | 0.39 | 0.42 | 74,800 | |
11/13/2024 | 0.42 | 0.42 | 0.39 | 0.39 | 34,800 | |
11/12/2024 | 0.43 | 0.43 | 0.41 | 0.41 | 82,200 | |
11/11/2024 | 0.44 | 0.45 | 0.43 | 0.43 | 61,200 | |
11/08/2024 | 0.46 | 0.46 | 0.45 | 0.46 | 29,300 | |
11/07/2024 | 0.45 | 0.45 | 0.44 | 0.45 | 132,900 | |
11/06/2024 | 0.45 | 0.45 | 0.45 | 0.45 | 1,200 | |
11/05/2024 | 0.47 | 0.47 | 0.44 | 0.47 | 38,700 | |
11/04/2024 | 0.51 | 0.51 | 0.48 | 0.48 | 17,200 | |
11/01/2024 | 0.48 | 0.49 | 0.48 | 0.48 | 14,416 | |
10/31/2024 | 0.49 | 0.49 | 0.48 | 0.49 | 8,275 | |
10/30/2024 | 0.50 | 0.51 | 0.48 | 0.49 | 15,520 | |
10/29/2024 | 0.47 | 0.47 | 0.47 | 0.47 | 2,200 | |
10/28/2024 | 0.48 | 0.48 | 0.47 | 0.47 | 7,500 | |
10/25/2024 | 0.48 | 0.49 | 0.48 | 0.49 | 3,500 | |
10/24/2024 | 0.49 | 0.49 | 0.48 | 0.48 | 18,148 | |
10/23/2024 | 0.51 | 0.51 | 0.49 | 0.49 | 29,000 | |
10/22/2024 | 0.51 | 0.52 | 0.51 | 0.51 | 29,000 | |
10/21/2024 | 0.51 | 0.51 | 0.50 | 0.50 | 17,000 | |
10/18/2024 | 0.52 | 0.52 | 0.52 | 0.52 | 46,000 | |
10/17/2024 | 0.52 | 0.52 | 0.51 | 0.52 | 31,300 | |
10/16/2024 | 0.52 | 0.54 | 0.52 | 0.52 | 52,325 | |
10/15/2024 | 0.52 | 0.53 | 0.51 | 0.52 | 24,149 | |
10/14/2024 | 0.51 | 0.51 | 0.51 | 0.51 | 2,176 | |
10/11/2024 | 0.53 | 0.53 | 0.50 | 0.52 | 98,900 | |
10/10/2024 | 0.52 | 0.52 | 0.50 | 0.52 | 17,300 | |
10/09/2024 | 0.54 | 0.54 | 0.52 | 0.52 | 18,000 | |
10/08/2024 | 0.57 | 0.57 | 0.53 | 0.54 | 78,774 | |
10/07/2024 | 0.54 | 0.57 | 0.54 | 0.57 | 40,000 | |
10/04/2024 | 0.51 | 0.52 | 0.50 | 0.51 | 64,500 | |
10/03/2024 | 0.52 | 0.53 | 0.51 | 0.52 | 50,750 | |
10/02/2024 | 0.49 | 0.54 | 0.49 | 0.52 | 19,196 | |
10/01/2024 | 0.47 | 0.48 | 0.46 | 0.48 | 78,900 | |
09/30/2024 | 0.46 | 0.46 | 0.45 | 0.45 | 109,100 | |
09/27/2024 | 0.47 | 0.47 | 0.46 | 0.46 | 6,369 | |
09/26/2024 | 0.46 | 0.47 | 0.46 | 0.47 | 39,300 | |
09/25/2024 | 0.43 | 0.47 | 0.43 | 0.45 | 54,500 | |
09/24/2024 | 0.40 | 0.43 | 0.40 | 0.43 | 46,551 | |
09/23/2024 | 0.37 | 0.40 | 0.37 | 0.40 | 72,666 | |
09/20/2024 | 0.37 | 0.38 | 0.37 | 0.37 | 9,100 | |
09/19/2024 | 0.36 | 0.36 | 0.35 | 0.36 | 50,150 | |
09/18/2024 | 0.34 | 0.35 | 0.34 | 0.35 | 75,000 | |
09/17/2024 | 0.35 | 0.35 | 0.34 | 0.34 | 5,200 | |
09/16/2024 | 0.33 | 0.36 | 0.33 | 0.34 | 84,300 | |
09/13/2024 | 0.34 | 0.34 | 0.34 | 0.34 | 4,500 | |
09/12/2024 | 0.32 | 0.32 | 0.30 | 0.32 | 139,500 | |
09/11/2024 | 0.32 | 0.32 | 0.32 | 0.32 | 5,750 | |
09/10/2024 | 0.32 | 0.32 | 0.30 | 0.31 | 28,800 | |
09/09/2024 | 0.35 | 0.35 | 0.31 | 0.33 | 69,700 | |
09/06/2024 | 0.32 | 0.32 | 0.32 | 0.32 | 1,000.00 | |
09/05/2024 | 0.32 | 0.33 | 0.32 | 0.33 | 16,000 |
About Erdene Resource Pink Sheet history
Erdene Resource 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 Erdene is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Erdene Resource Deve 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 Erdene Resource stock prices may prove useful in developing a viable investing in Erdene Resource
Erdene Resource Development Corporation focuses on the acquisition, exploration, and development of precious and base mineral deposits in Mongolia. Erdene Resource Development Corporation was incorporated in 2000 and is headquartered in Dartmouth, Canada. Erdene Resource operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 56 people.
Erdene Resource Pink Sheet Technical Analysis
Erdene Resource technical pink sheet 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, pink sheet market cycles, or different charting patterns.
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Erdene Resource Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Erdene Resource's price direction in advance. Along with the technical and fundamental analysis of Erdene Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Erdene 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 | 0.1079 | |||
Jensen Alpha | 0.5795 | |||
Total Risk Alpha | (0.16) | |||
Sortino Ratio | 0.0953 | |||
Treynor Ratio | (1.07) |
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Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Erdene Pink Sheet analysis
When running Erdene Resource's price analysis, check to measure Erdene Resource'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 Erdene Resource is operating at the current time. Most of Erdene Resource's value examination focuses on studying past and present price action to predict the probability of Erdene Resource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erdene Resource's price. Additionally, you may evaluate how the addition of Erdene Resource to your portfolios can decrease your overall portfolio volatility.
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