Chibougamau Independent Mines Stock Price on December 11, 2024

CBG Stock  CAD 0.13  0.01  7.14%   
Below is the normalized historical share price chart for Chibougamau Independent Mines extending back to January 02, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Chibougamau Independent stands at 0.13, as last reported on the 28th of December, with the highest price reaching 0.14 and the lowest price hitting 0.13 during the day.
200 Day MA
0.1233
50 Day MA
0.1338
Beta
1.464
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Chibougamau Stock, it is important to understand the factors that can impact its price. Chibougamau Independent appears to be out of control, given 3 months investment horizon. Chibougamau Independent secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. By analyzing Chibougamau Independent's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please makes use of Chibougamau Independent's Mean Deviation of 2.79, downside deviation of 7.79, and Risk Adjusted Performance of 0.1031 to double-check if our risk estimates are consistent with your expectations.
  
At this time, Chibougamau Independent's Total Stockholder Equity is fairly stable compared to the past year. Capital Stock is likely to climb to about 11.9 M in 2024, whereas Common Stock is likely to drop slightly above 10.7 M in 2024. . Chibougamau Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.106

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Estimated Market Risk

 5.08
  actual daily
45
55% of assets are more volatile

Expected Return

 0.54
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average Chibougamau Independent is performing at about 8% 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 Chibougamau Independent by adding it to a well-diversified portfolio.
Price Book
15.7986
Enterprise Value Ebitda
135.3811
Price Sales
11.9011
Shares Float
38.9 M
Earnings Share
0.01

Chibougamau Independent Valuation on December 11, 2024

It is possible to determine the worth of Chibougamau Independent on a given historical date. On December 11, 2024 Chibougamau was worth 0.13 at the beginning of the trading date compared to the closed value of 0.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chibougamau Independent stock. Still, in general, we apply an absolute valuation method to find Chibougamau Independent'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 Chibougamau Independent where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chibougamau Independent's related companies.
 Open High Low Close Volume
  0.13    0.13    0.13    0.13    1.00  
12/11/2024
  0.13    0.13    0.13    0.13    1,500  
  0.13    0.13    0.13    0.13    1.00  
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Open Value
0.13
0.13
Closing Value
15.37
Upside

Chibougamau Independent Trading Date Momentum on December 11, 2024

On December 12 2024 Chibougamau Independent Mines was traded for  0.13  at the closing time. The highest daily price throughout the period was 0.13  and the lowest price was  0.13 . There was no trading activity during the period 1.0. Lack of trading volume on 12/12/2024 did not affect price variability. The overall trading delta to current closing price is 7.69% .

Chibougamau Independent Fundamentals Correlations and Trends

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

About Chibougamau Independent Stock history

Chibougamau Independent 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 Chibougamau is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chibougamau Independent 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 Chibougamau Independent stock prices may prove useful in developing a viable investing in Chibougamau Independent
Last ReportedProjected for Next Year
Common Stock Shares Outstanding61.1 M55.6 M
Net Loss-1 M-1.1 M

Chibougamau Independent Quarterly Net Working Capital

502,484

Chibougamau Independent Stock Technical Analysis

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

Chibougamau Independent Period Price Range

Low
December 28, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Chibougamau Independent Mines 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.

Chibougamau Independent December 28, 2024 Market Strength

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

Chibougamau Independent Technical and Predictive Indicators

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

Additional Tools for Chibougamau Stock Analysis

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