Collective Mining Price on September 23, 2024

CNLMFDelisted Stock  USD 3.31  0.09  2.65%   
If you're considering investing in Collective OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Collective Mining stands at 3.31, as last reported on the 11th of December 2024, with the highest price reaching 3.40 and the lowest price hitting 3.27 during the day. Collective Mining secures Sharpe Ratio (or Efficiency) of -0.0102, which signifies that the company had a -0.0102% return per unit of risk over the last 3 months. Collective Mining exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Collective Mining's Downside Deviation of 3.08, risk adjusted performance of 0.113, and Mean Deviation of 2.94 to double-check the risk estimate we provide.
  
Collective OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0102

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Estimated Market Risk

 2.56
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Collective Mining 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 Collective Mining by adding Collective Mining to a well-diversified portfolio.

Related Headline

Caledonia Mining Headline on 23rd of September 2024

ST HELIER, Jersey, Sept. 23, 2024 -- It is with regret that Caledonia Mining Corporation Plc reports that an accident took place on September 21, 2024 at the Blanket Mine in Zimbabwe, where an employee was hit by a fall of rock while drilling in a development area and as a result has sadly died. Management at Blanket Mine are assisting the relevant authorities in their enquiry into this accident. Caledonia expresses its

Collective Mining Valuation on September 23, 2024

It is possible to determine the worth of Collective Mining on a given historical date. On September 23, 2024 Collective was worth 3.63 at the beginning of the trading date compared to the closed value of 3.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Collective Mining otc stock. Still, in general, we apply an absolute valuation method to find Collective Mining'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 Collective Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Collective Mining's related companies.
 Open High Low Close Volume
  3.49    3.51    3.34    3.39    7,019  
09/23/2024
  3.63    3.63    3.41    3.42    2,703  
  3.42    3.61    3.41    3.42    6,954  
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Open Value
3.63
3.42
Closing Value
11.30
Upside

Collective Mining Trading Date Momentum on September 23, 2024

On September 24 2024 Collective Mining was traded for  3.42  at the closing time. The highest daily price throughout the period was 3.61  and the lowest price was  3.41 . The daily volume was 7 K. The net trading volume on 09/24/2024 did not affect price variability. The overall trading delta to current closing price is 0.58% .

Collective Mining Fundamentals Correlations and Trends

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

About Collective Mining OTC Stock history

Collective Mining 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 Collective is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Collective Mining 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 Collective Mining stock prices may prove useful in developing a viable investing in Collective Mining
Collective Mining Ltd., an exploration and development company, focuses on identifying and exploring prospective gold projects in South America. It holds 100 percent interests in the Guayabales project consisting of 22 claims with a total area of 4,300.16 hectares located in the Caldas department of Colombia and the San Antonio project covering an area of 4,729 hectares located in Middle Cauca belt in the Department of Caldas, Colombia. Collective Mng operates under Gold classification in the United States and is traded on OTC Exchange. It employs 47 people.

Collective Mining OTC Stock Technical Analysis

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

Collective Mining Period Price Range

Low
December 11, 2024
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Collective Mining 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.

Collective Mining December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Collective Mining 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 Collective Mining shares will generate the highest return on investment. By undertsting and applying Collective Mining otc stock market strength indicators, traders can identify Collective Mining entry and exit signals to maximize returns

Collective Mining Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Collective Mining's price direction in advance. Along with the technical and fundamental analysis of Collective OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Collective 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.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Other Consideration for investing in Collective OTC Stock

If you are still planning to invest in Collective Mining check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Collective Mining's history and understand the potential risks before investing.
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