Defense Metals Corp Stock Price on October 4, 2023
| DEFN Stock | CAD 0.14 0.01 7.69% |
Below is the normalized historical share price chart for Defense Metals Corp extending back to February 20, 2018. 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 Defense Metals stands at 0.14, as last reported on the 23rd of December, with the highest price reaching 0.14 and the lowest price hitting 0.13 during the day.
If you're considering investing in Defense Stock, it is important to understand the factors that can impact its price. Defense Metals appears to be out of control, given 3 months investment horizon. Defense Metals Corp secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. By reviewing Defense Metals' technical indicators, you can evaluate if the expected return of 0.99% is justified by implied risk. Please utilize Defense Metals' Mean Deviation of 5.81, coefficient of variation of 802.11, and Downside Deviation of 9.07 to check if our risk estimates are consistent with your expectations.
At this time, Defense Metals' Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 215.5 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 688.2 K in 2024. . Price Earnings To Growth Ratio is likely to climb to 0.81 in 2024, whereas Price Earnings Ratio is likely to drop (21.79) in 2024. Defense Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.1573 | 50 Day MA 0.1023 | Beta 0.656 |
Defense |
Sharpe Ratio = 0.1266
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Estimated Market Risk
| 7.8 actual daily | 69 69% of assets are less volatile |
Expected Return
| 0.99 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Defense Metals is performing at about 9% 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 Defense Metals by adding it to a well-diversified portfolio.
Price Book 0.8994 | Book Value 0.162 | Enterprise Value 36.6 M | Enterprise Value Ebitda (16.01) | Shares Float 225.5 M |
Defense Metals Valuation on October 4, 2023
It is possible to determine the worth of Defense Metals on a given historical date. On October 4, 2023 Defense was worth 0.19 at the beginning of the trading date compared to the closed value of 0.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Defense Metals stock. Still, in general, we apply an absolute valuation method to find Defense Metals' 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 Defense Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Defense Metals' related companies.
| Open | High | Low | Close | Volume | |
| 0.19 | 0.19 | 0.19 | 0.19 | 450,705 | |
10/04/2023 | 0.19 | 0.20 | 0.19 | 0.19 | 108,530 |
| 0.19 | 0.19 | 0.19 | 0.19 | 4,500 |
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Defense Metals Trading Date Momentum on October 4, 2023
| On October 05 2023 Defense Metals Corp was traded for 0.19 at the closing time. The maximum traded price for the trading interval was 0.19 and the lowest daily price was 0.19 . The daily volume was recorded at 4.5 K. The volume of trading on 5th of October 2023 did not affect price variability. The overall trading delta to the closing price today is 10.53% . |
Defense Metals Corp Fundamentals Correlations and Trends
By evaluating Defense Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Defense Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Defense financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Defense Metals Stock history
Defense Metals 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 Defense is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Defense Metals Corp 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 Defense Metals stock prices may prove useful in developing a viable investing in Defense Metals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 205.2 M | 215.5 M | |
| Net Loss | -2.4 M | -2.6 M |
Defense Metals Quarterly Net Working Capital |
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Defense Metals Stock Technical Analysis
Defense Metals 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.
Price Boundaries
Defense Metals Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Defense Metals Corp 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.
Defense Metals December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Defense Metals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Defense Metals shares will generate the highest return on investment. By undertsting and applying Defense Metals stock market strength indicators, traders can identify Defense Metals Corp entry and exit signals to maximize returns
Defense Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Defense Metals' price direction in advance. Along with the technical and fundamental analysis of Defense Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Defense 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 | 0.1077 | |||
| Jensen Alpha | 0.9496 | |||
| Total Risk Alpha | 0.7322 | |||
| Sortino Ratio | 0.102 | |||
| Treynor Ratio | (8.75) |
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Additional Tools for Defense Stock Analysis
When running Defense Metals' price analysis, check to measure Defense Metals' 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 Defense Metals is operating at the current time. Most of Defense Metals' value examination focuses on studying past and present price action to predict the probability of Defense Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Defense Metals' price. Additionally, you may evaluate how the addition of Defense Metals to your portfolios can decrease your overall portfolio volatility.