Traction Uranium Corp Stock Analysis

Traction OTC Stock Analysis Notes

The company has price-to-book ratio of 1.68. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Traction Uranium Corp had not issued any dividends in recent years. Traction Uranium Corp. engages in the exploration of mineral properties in Canada. The company was incorporated in 2020 and is based in Vancouver, Canada. Traction Uranium is traded on OTC Exchange in the United States.The quote for Traction Uranium Corp is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges.

Traction Uranium Corp Investment Alerts

Traction Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 27.06 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Traction Uranium's market, we take the total number of its shares issued and multiply it by Traction Uranium's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 30th of November, Traction Uranium has the Coefficient Of Variation of 820.65, semi deviation of 14.16, and Risk Adjusted Performance of 0.1031. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Traction Uranium Corp, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Traction Uranium Corp, which can be compared to its competition. Please validate Traction Uranium Corp standard deviation and the relationship between the treynor ratio and kurtosis to decide if Traction Uranium is priced more or less accurately, providing market reflects its prevalent price of 0.21 per share. As Traction Uranium Corp appears to be a penny stock we also recommend to double-check its total risk alpha numbers.

Traction Uranium Corp Price Movement Analysis

Traction Uranium Predictive Daily Indicators

Traction Uranium Forecast Models

Traction Uranium's time-series forecasting models are one of many Traction Uranium's otc stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Traction Uranium's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Traction Uranium prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Traction shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual OTC such as Traction Uranium. By using and applying Traction OTC Stock analysis, traders can create a robust methodology for identifying Traction entry and exit points for their positions.

When running Traction Uranium's price analysis, check to measure Traction Uranium'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 Traction Uranium is operating at the current time. Most of Traction Uranium's value examination focuses on studying past and present price action to predict the probability of Traction Uranium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Traction Uranium's price. Additionally, you may evaluate how the addition of Traction Uranium to your portfolios can decrease your overall portfolio volatility.