Handeni Gold Stock Price on December 20, 2024
HNDI Stock | USD 0.0002 0.0001 100.00% |
If you're considering investing in Handeni Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Handeni Gold stands at 0.0002, as last reported on the 26th of December, with the highest price reaching 0.0002 and the lowest price hitting 0.0002 during the day. Handeni Gold is out of control given 3 months investment horizon. Handeni Gold holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We were able to break down nineteen different technical indicators, which can help you to evaluate if expected returns of 1.56% are justified by taking the suggested risk. Use Handeni Gold Risk Adjusted Performance of 0.1071, market risk adjusted performance of 0.7307, and Standard Deviation of 12.31 to evaluate company specific risk that cannot be diversified away.
Handeni Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Handeni |
Sharpe Ratio = 0.125
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Estimated Market Risk
12.5 actual daily | 96 96% of assets are less volatile |
Expected Return
1.56 actual daily | 31 69% of assets have higher returns |
Risk-Adjusted Return
0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Handeni Gold 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 Handeni Gold by adding it to a well-diversified portfolio.
Handeni Gold Valuation on December 20, 2024
It is possible to determine the worth of Handeni Gold on a given historical date. On December 20, 2024 Handeni was worth 2.0E-4 at the beginning of the trading date compared to the closed value of 2.0E-4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Handeni Gold pink sheet. Still, in general, we apply an absolute valuation method to find Handeni Gold'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 Handeni Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Handeni Gold's related companies.
Open | High | Low | Close | Volume | |
0.0001 | 0.0001 | 0.0001 | 0.0001 | 1.00 | |
12/20/2024 | 0.0002 | 0.0002 | 0.0002 | 0.0002 | 338.00 |
0.0002 | 0.0002 | 0.0002 | 0.0002 | 1.00 |
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Handeni Gold Trading Date Momentum on December 20, 2024
On December 23 2024 Handeni Gold was traded for 0.0002 at the closing time. The top price for the day was 0.0002 and the lowest listed price was 0.0002 . There was no trading activity during the period 1.0. Lack of trading volume on December 23, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.00% . |
Handeni Gold Fundamentals Correlations and Trends
By evaluating Handeni Gold'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 Handeni Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Handeni financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Handeni Gold Pink Sheet history
Handeni Gold 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 Handeni is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Handeni Gold 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 Handeni Gold stock prices may prove useful in developing a viable investing in Handeni Gold
Handeni Gold Inc., a gold exploration company, explores for and develops mineral properties in the United Republic of Tanzania. Handeni Gold Inc. was founded in 2004 and is based in Dar es Salaam, the United Republic of Tanzania. Handeni Gold is traded on OTC Exchange in the United States.
Handeni Gold Pink Sheet Technical Analysis
Handeni Gold technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Handeni Gold Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Handeni Gold cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Handeni Gold December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Handeni Gold pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Handeni Gold shares will generate the highest return on investment. By undertsting and applying Handeni Gold pink sheet market strength indicators, traders can identify Handeni Gold entry and exit signals to maximize returns
Handeni Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Handeni Gold's price direction in advance. Along with the technical and fundamental analysis of Handeni Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Handeni 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 | 0.1071 | |||
Jensen Alpha | 1.41 | |||
Total Risk Alpha | 0.8344 | |||
Treynor Ratio | 0.7207 |
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Volume Indicators |
Complementary Tools for Handeni Pink Sheet analysis
When running Handeni Gold's price analysis, check to measure Handeni Gold'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 Handeni Gold is operating at the current time. Most of Handeni Gold's value examination focuses on studying past and present price action to predict the probability of Handeni Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Handeni Gold's price. Additionally, you may evaluate how the addition of Handeni Gold to your portfolios can decrease your overall portfolio volatility.
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