Alphamin Res Stock Price on November 4, 2024
| AFM Stock | CAD 1.15 0.03 2.54% |
If you're considering investing in Alphamin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alphamin Res stands at 1.15, as last reported on the 2nd of December, with the highest price reaching 1.16 and the lowest price hitting 1.12 during the day. Alphamin Res appears to be out of control, given 3 months investment horizon. Alphamin Res secures Sharpe Ratio (or Efficiency) of 0.0962, which signifies that the company had a 0.0962% return per unit of risk over the last 3 months. We have found thirty technical indicators for Alphamin Res, which you can use to evaluate the volatility of the firm. Please makes use of Alphamin Res' Downside Deviation of 2.77, risk adjusted performance of 0.0811, and Mean Deviation of 2.43 to double-check if our risk estimates are consistent with your expectations.
Alphamin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alphamin |
Sharpe Ratio = 0.0962
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | AFM | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.08 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Alphamin Res is performing at about 7% 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 Alphamin Res by adding it to a well-diversified portfolio.
Alphamin Res Valuation on November 4, 2024
It is possible to determine the worth of Alphamin Res on a given historical date. On November 4, 2024 Alphamin was worth 1.25 at the beginning of the trading date compared to the closed value of 1.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alphamin Res stock. Still, in general, we apply an absolute valuation method to find Alphamin Res' 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 Alphamin Res where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alphamin Res' related companies.
| Open | High | Low | Close | Volume | |
| 1.15 | 1.25 | 1.15 | 1.25 | 468,479 | |
11/04/2024 | 1.25 | 1.25 | 1.19 | 1.24 | 556,678 |
| 1.23 | 1.25 | 1.22 | 1.25 | 1,314,396 |
| Backtest Alphamin Res | | | Alphamin Res History | | | Alphamin Res Valuation | Previous | Next |
Alphamin Res Trading Date Momentum on November 4, 2024
| On November 05 2024 Alphamin Res was traded for 1.25 at the closing time. The highest daily price throughout the period was 1.25 and the lowest price was 1.22 . The daily volume was 1.3 M. The net trading volume on 11/05/2024 added to the next day price increase. The overall trading delta to closing price of the next trading day was 0.81% . The overall trading delta to current closing price is 3.23% . |
Alphamin Res Fundamentals Correlations and Trends
By evaluating Alphamin Res' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alphamin Res' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alphamin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alphamin Res Stock history
Alphamin Res 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 Alphamin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alphamin Res 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 Alphamin Res stock prices may prove useful in developing a viable investing in Alphamin Res
Alphamin Resources Corp. engages in the acquisition, exploration, evaluation, and development of mineral properties in the Democratic Republic of the Congo. Alphamin Resources Corp. was incorporated in 1981 and is headquartered in Grand Baie, Mauritius. ALPHAMIN RESOURCES is traded on TSX Venture Exchange in Canada.
Alphamin Res Stock Technical Analysis
Alphamin Res 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.
Price Boundaries
Alphamin Res Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Alphamin Res 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.
Alphamin Res December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Alphamin Res stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alphamin Res shares will generate the highest return on investment. By undertsting and applying Alphamin Res stock market strength indicators, traders can identify Alphamin Res entry and exit signals to maximize returns
Alphamin Res Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alphamin Res' price direction in advance. Along with the technical and fundamental analysis of Alphamin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alphamin 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 | 0.0811 | |||
| Jensen Alpha | 0.1985 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0574 | |||
| Treynor Ratio | 0.4152 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Alphamin Stock Analysis
When running Alphamin Res' price analysis, check to measure Alphamin Res' 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 Alphamin Res is operating at the current time. Most of Alphamin Res' value examination focuses on studying past and present price action to predict the probability of Alphamin Res' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alphamin Res' price. Additionally, you may evaluate how the addition of Alphamin Res to your portfolios can decrease your overall portfolio volatility.