Aluminum Of Stock Price on December 5, 2024

ALMMF Stock  USD 0.55  0.02  3.77%   
If you're considering investing in Aluminum Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Aluminum stands at 0.55, as last reported on the 21st of December, with the highest price reaching 0.55 and the lowest price hitting 0.55 during the day. Aluminum secures Sharpe Ratio (or Efficiency) of -0.0192, which signifies that the company had a -0.0192% return per unit of risk over the last 3 months. Aluminum of exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aluminum's Mean Deviation of 3.35, risk adjusted performance of 0.0282, and Downside Deviation of 7.25 to double-check the risk estimate we provide.
  
Aluminum Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0192

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Estimated Market Risk

 4.94
  actual daily
43
57% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Aluminum 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 Aluminum by adding Aluminum to a well-diversified portfolio.

Aluminum Valuation on December 5, 2024

It is possible to determine the worth of Aluminum on a given historical date. On December 5, 2024 Aluminum was worth 0.58 at the beginning of the trading date compared to the closed value of 0.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aluminum pink sheet. Still, in general, we apply an absolute valuation method to find Aluminum'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 Aluminum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aluminum's related companies.
 Open High Low Close Volume
  0.58    0.58    0.58    0.58    1.00  
12/05/2024
  0.58    0.58    0.58    0.58    1.00  
  0.58    0.58    0.58    0.58    1.00  
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Open Value
0.58
0.58
Closing Value
15.40
Upside

Aluminum Trading Date Momentum on December 5, 2024

On December 06 2024 Aluminum of was traded for  0.58  at the closing time. The highest daily price throughout the period was 0.58  and the lowest price was  0.58 . There was no trading activity during the period 1.0. Lack of trading volume on 12/06/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% .

Aluminum Fundamentals Correlations and Trends

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

About Aluminum Pink Sheet history

Aluminum 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 Aluminum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aluminum 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 Aluminum stock prices may prove useful in developing a viable investing in Aluminum
Aluminum Corporation of China Limited, together with its subsidiaries, manufactures and sells alumina, primary aluminum, aluminum alloys, and carbon products in the Peoples Republic of China and internationally. Aluminum Corporation of China Limited was incorporated in 2001 and is headquartered in Beijing, the Peoples Republic of China. Aluminum Corp operates under Aluminum classification in the United States and is traded on OTC Exchange. It employs 60056 people.

Aluminum Pink Sheet Technical Analysis

Aluminum 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.
A focus of Aluminum technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Aluminum 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

Aluminum Period Price Range

Low
December 21, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Aluminum of cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.

Aluminum December 21, 2024 Market Strength

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

Aluminum Technical and Predictive Indicators

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

Complementary Tools for Aluminum Pink Sheet analysis

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