Black Dragon Resource Stock Price on September 18, 2023
If you're considering investing in Black Pink Sheet, it is important to understand the factors that can impact its price. Black Dragon Resource secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of standard deviation over the last 3 months. Black Dragon Resource exposes zero different technical indicators, which can help you to evaluate volatility embedded in its price movement.
Black Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Black |
Sharpe Ratio = -0.126
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| Negative Returns | BDGR |
Estimated Market Risk
| 12.6 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.59 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Black Dragon 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 Black Dragon by adding Black Dragon to a well-diversified portfolio.
Black Dragon Valuation on September 18, 2023
It is possible to determine the worth of Black Dragon on a given historical date. On September 18, 2023 Black was worth 1.0E-4 at the beginning of the trading date compared to the closed value of 1.0E-4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Black Dragon pink sheet. Still, in general, we apply an absolute valuation method to find Black Dragon'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 Black Dragon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Black Dragon's related companies.
| Open | High | Low | Close | Volume | |
| 0.0001 | 0.0001 | 0.0001 | 0.0001 | 1.00 | |
09/18/2023 | 0.0001 | 0.0001 | 0.0001 | 0.0001 | 1.00 |
| 0.0001 | 0.0001 | 0.0001 | 0.0001 | 1.00 |
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Black Dragon Trading Date Momentum on September 18, 2023
| On September 19 2023 Black Dragon Resource was traded for 0.0001 at the closing time. The top price for the day was 0.0001 and the lowest listed price was 0.0001 . There was no trading activity during the period 1.0. Lack of trading volume on September 19, 2023 did not affect price variability. The overall trading delta against the current closing price is 0.00% . |
Black Dragon Resource Fundamentals Correlations and Trends
By evaluating Black Dragon'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 Black Dragon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Black financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Black Dragon Pink Sheet history
Black Dragon 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 Black is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Black Dragon Resource 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 Black Dragon stock prices may prove useful in developing a viable investing in Black Dragon
Black Dragon Resource Companies, Inc. operates as a distributor of rare art via blockchain-based technologies or non-fungible tokens. Black Dragon Resource Companies, Inc. was incorporated in 1998 and is headquartered in Cheyenne, Wyoming. Black Dragon operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 1 people.
Black Dragon Pink Sheet Technical Analysis
Black Dragon 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.
Price Boundaries
Black Dragon Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
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Black Dragon December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Black Dragon 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 Black Dragon shares will generate the highest return on investment. By undertsting and applying Black Dragon pink sheet market strength indicators, traders can identify Black Dragon Resource entry and exit signals to maximize returns
Additional Tools for Black Pink Sheet Analysis
When running Black Dragon's price analysis, check to measure Black Dragon'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 Black Dragon is operating at the current time. Most of Black Dragon's value examination focuses on studying past and present price action to predict the probability of Black Dragon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Black Dragon's price. Additionally, you may evaluate how the addition of Black Dragon to your portfolios can decrease your overall portfolio volatility.