Amerigo Resources Stock Price on May 1, 2023
| ARREF Stock | USD 1.16 0.01 0.85% |
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 1.16, as last reported on the 12th of December 2024, with the highest price reaching 1.16 and the lowest price hitting 1.15 during the day. At this point, Amerigo Resources is very risky. Amerigo Resources secures Sharpe Ratio (or Efficiency) of 0.0044, which signifies that the company had a 0.0044% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Amerigo Resources, which you can use to evaluate the volatility of the firm. Please confirm Amerigo Resources' risk adjusted performance of 0.0275, and Mean Deviation of 1.59 to double-check if the risk estimate we provide is consistent with the expected return of 0.0096%.
Amerigo OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Amerigo |
Sharpe Ratio = 0.0044
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| Negative Returns | ARREF |
Estimated Market Risk
| 2.19 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 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 May 1, 2023
It is possible to determine the worth of Amerigo Resources on a given historical date. On May 1, 2023 Amerigo was worth 1.03 at the beginning of the trading date compared to the closed value of 1.02. 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 | |
| 1.02 | 1.03 | 1.01 | 1.02 | 24,054 | |
05/01/2023 | 1.03 | 1.04 | 1.01 | 1.02 | 67,142 |
| 1.02 | 1.02 | 0.97 | 0.98 | 156,170 |
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Amerigo Resources Trading Date Momentum on May 1, 2023
| On May 02 2023 Amerigo Resources was traded for 0.98 at the closing time. The highest daily price throughout the period was 1.02 and the lowest price was 0.97 . The daily volume was 156.2 K. The net trading volume on 05/02/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 3.92% . The overall trading delta to current closing price is 2.94% . |
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.
Price Boundaries
Amerigo Resources Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
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 12, 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.
| Risk Adjusted Performance | 0.0275 | |||
| Jensen Alpha | 0.0093 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1388 |
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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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