Filo Mining Corp Stock Price on August 15, 2023

FLMMF Stock  USD 22.47  0.17  0.75%   
If you're considering investing in Filo OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Filo Mining stands at 22.47, as last reported on the 12th of December 2024, with the highest price reaching 22.47 and the lowest price hitting 22.47 during the day. Filo Mining Corp secures Sharpe Ratio (or Efficiency) of -0.0385, which denotes the company had a -0.0385% return per unit of risk over the last 3 months. Filo Mining Corp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Filo Mining's Mean Deviation of 0.6309, variance of 0.7034, and Standard Deviation of 0.8387 to check the risk estimate we provide.
  
Filo OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0385

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Estimated Market Risk

 0.82
  actual daily
7
93% of assets are more volatile

Expected Return

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

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Filo 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 Filo Mining by adding Filo Mining to a well-diversified portfolio.

Filo Mining Valuation on August 15, 2023

It is possible to determine the worth of Filo Mining on a given historical date. On August 15, 2023 Filo was worth 16.48 at the beginning of the trading date compared to the closed value of 15.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Filo Mining otc stock. Still, in general, we apply an absolute valuation method to find Filo 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 Filo Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Filo Mining's related companies.
 Open High Low Close Volume
  17.02    17.13    16.86    16.88    7,600  
08/15/2023
  16.48    16.48    15.56    15.65    16,500  
  15.65    15.85    15.53    15.85    5,700  
Backtest Filo Mining  |  Filo Mining History  |  Filo Mining Valuation   PreviousNext  
Open Value
16.48
15.65
Closing Value
18.93
Upside

Filo Mining Trading Date Momentum on August 15, 2023

On August 16 2023 Filo Mining Corp was traded for  15.85  at the closing time. The highest daily price throughout the period was 15.85  and the lowest price was  15.53 . The daily volume was 5.7 K. The net trading volume on 08/16/2023 added to the next day price rise. The overall trading delta to closing price of the next trading day was 1.28% . The overall trading delta to current closing price is 1.98% .

Filo Mining Corp Fundamentals Correlations and Trends

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

About Filo Mining OTC Stock history

Filo 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 Filo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Filo Mining 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 Filo Mining stock prices may prove useful in developing a viable investing in Filo Mining
Filo Mining Corp., together with its subsidiaries, engages in the identification, acquisition, exploration, evaluation, and development of mineral properties in Chile and Argentina. The company was incorporated in 2016 and is headquartered in Vancouver, Canada. FILO MINING operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.

Filo Mining OTC Stock Technical Analysis

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

Filo Mining Period Price Range

Low
December 12, 2024
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Filo Mining 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.

Filo Mining December 12, 2024 Market Strength

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

Filo Mining Technical and Predictive Indicators

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

Complementary Tools for Filo OTC Stock analysis

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