Amerigo Resources Stock Price on April 20, 2023

ARREF Stock  USD 1.14  0.03  2.56%   
If you're considering investing in Amerigo OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Amerigo Resources stands at 1.14, as last reported on the 13th of December 2024, with the highest price reaching 1.16 and the lowest price hitting 1.14 during the day. Amerigo Resources secures Sharpe Ratio (or Efficiency) of -0.0017, which signifies that the company had a -0.0017% return per unit of standard deviation over the last 3 months. Amerigo Resources exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Amerigo Resources' mean deviation of 1.57, and Risk Adjusted Performance of 0.0011 to double-check the risk estimate we provide.
  
Amerigo OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0017

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Estimated Market Risk

 2.21
  actual daily
19
81% of assets are more volatile

Expected Return

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Most of other assets have higher returns

Risk-Adjusted Return

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Most of other assets perform better
Based on monthly moving average Amerigo Resources 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 Amerigo Resources by adding Amerigo Resources to a well-diversified portfolio.

Amerigo Resources Valuation on April 20, 2023

It is possible to determine the worth of Amerigo Resources on a given historical date. On April 20, 2023 Amerigo was worth 1.09 at the beginning of the trading date compared to the closed value of 1.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Amerigo Resources otc stock. Still, in general, we apply an absolute valuation method to find Amerigo Resources' 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 Amerigo Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Amerigo Resources' related companies.
 Open High Low Close Volume
  1.10    1.12    1.08    1.10    89,772  
04/20/2023
  1.09    1.09    1.07    1.09    70,756  
  1.09    1.09    1.06    1.08    131,013  
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Open Value
1.09
1.09
Closing Value
7.72
Upside

Amerigo Resources Trading Date Momentum on April 20, 2023

On April 21 2023 Amerigo Resources was traded for  1.08  at the closing time. The highest daily price throughout the period was 1.09  and the lowest price was  1.06 . The daily volume was 131 K. The net trading volume on 04/21/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.92% . The overall trading delta to current closing price is 5.50% .

Amerigo Resources Fundamentals Correlations and Trends

By evaluating Amerigo Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Amerigo Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Amerigo financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Amerigo Resources OTC Stock history

Amerigo Resources 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 Amerigo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Amerigo Resources 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 Amerigo Resources stock prices may prove useful in developing a viable investing in Amerigo Resources
Amerigo Resources Ltd., through its subsidiary, Minera Valle Central S.A., produces and sells copper and molybdenum concentrates from Codelcos El Teniente underground mine in Chile. Amerigo Resources Ltd. was incorporated in 1984 and is headquartered in Vancouver, Canada. Amerigo Resources is traded on OTC Exchange in the United States.

Amerigo Resources OTC Stock Technical Analysis

Amerigo Resources technical otc 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, otc market cycles, or different charting patterns.
A focus of Amerigo Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Amerigo Resources 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

Amerigo Resources Period Price Range

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Amerigo Resources cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.

Amerigo Resources December 13, 2024 Market Strength

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

Amerigo Resources Technical and Predictive Indicators

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

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