E3 Metals Corp Stock Price on September 26, 2023
EEMMF Stock | USD 0.63 0.02 3.28% |
If you're considering investing in EEMMF OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of E3 Metals stands at 0.63, as last reported on the 28th of December, with the highest price reaching 0.63 and the lowest price hitting 0.63 during the day. E3 Metals Corp retains Efficiency (Sharpe Ratio) of -0.15, which denotes the company had a -0.15% return per unit of price deviation over the last 3 months. E3 Metals exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm E3 Metals' Information Ratio of (0.18), standard deviation of 2.79, and Market Risk Adjusted Performance of 17.35 to check the risk estimate we provide.
EEMMF OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
EEMMF |
Sharpe Ratio = -0.1547
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Estimated Market Risk
2.77 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.43 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average E3 Metals 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 E3 Metals by adding E3 Metals to a well-diversified portfolio.
E3 Metals Valuation on September 26, 2023
It is possible to determine the worth of E3 Metals on a given historical date. On September 26, 2023 EEMMF was worth 2.43 at the beginning of the trading date compared to the closed value of 2.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of E3 Metals otc stock. Still, in general, we apply an absolute valuation method to find E3 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 E3 Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against E3 Metals' related companies.
Open | High | Low | Close | Volume | |
2.52 | 2.55 | 2.44 | 2.54 | 28,700 | |
09/26/2023 | 2.43 | 2.54 | 2.21 | 2.25 | 130,700 |
2.25 | 2.32 | 2.23 | 2.30 | 59,400 |
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E3 Metals Trading Date Momentum on September 26, 2023
On September 27 2023 E3 Metals Corp was traded for 2.30 at the closing time. The highest daily price throughout the period was 2.32 and the lowest price was 2.23 . The daily volume was 59.4 K. The net trading volume on 09/27/2023 added to the next day price rise. The overall trading delta to closing price of the next trading day was 2.22% . The overall trading delta to current closing price is 5.33% . |
E3 Metals Corp Fundamentals Correlations and Trends
By evaluating E3 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 E3 Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. EEMMF financial account trend analysis is a perfect complement when working with valuation or volatility modules.About E3 Metals OTC Stock history
E3 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 EEMMF is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in E3 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 E3 Metals stock prices may prove useful in developing a viable investing in E3 Metals
E3 Lithium Ltd., a resource company with mineral properties, focuses on technology development for lithium extraction from Alberta brines contained in its mineral properties. The company was incorporated in 1998 and is headquartered in Calgary, Canada. E3 Lithium is traded on OTC Exchange in the United States.
E3 Metals OTC Stock Technical Analysis
E3 Metals 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
E3 Metals Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
E3 Metals Corp 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.
E3 Metals December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how E3 Metals 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 E3 Metals shares will generate the highest return on investment. By undertsting and applying E3 Metals otc stock market strength indicators, traders can identify E3 Metals Corp entry and exit signals to maximize returns
E3 Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for E3 Metals' price direction in advance. Along with the technical and fundamental analysis of EEMMF OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of EEMMF 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 | (0.13) | |||
Jensen Alpha | (0.48) | |||
Total Risk Alpha | (0.55) | |||
Treynor Ratio | 17.34 |
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Complementary Tools for EEMMF OTC Stock analysis
When running E3 Metals' price analysis, check to measure E3 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 E3 Metals is operating at the current time. Most of E3 Metals' value examination focuses on studying past and present price action to predict the probability of E3 Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move E3 Metals' price. Additionally, you may evaluate how the addition of E3 Metals to your portfolios can decrease your overall portfolio volatility.
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