Mmex Resources Corp Stock Price on May 3, 2024
| MMEX Stock | USD 0.0001 0.00 0.00% |
If you're considering investing in MMEX Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of MMEX Resources stands at 0.0001, as last reported on the 12th of December 2024, with the highest price reaching 0.0001 and the lowest price hitting 0.0001 during the day. MMEX Resources is out of control given 3 months investment horizon. MMEX Resources Corp has Sharpe Ratio of 0.31, which conveys that the firm had a 0.31% return per unit of risk over the last 3 months. We were able to analyze and collect data for five different technical indicators, which can help you to evaluate if expected returns of 96.92% are justified by taking the suggested risk. Use MMEX Resources Corp daily balance of power of 9.2 T, and Day Median Price of 1.0E-4 to evaluate company specific risk that cannot be diversified away.
MMEX Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
MMEX |
Sharpe Ratio = 0.3051
| Best Portfolio | Best Equity | MMEX | ||
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Estimated Market Risk
| 317.69 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average MMEX Resources is performing at about 24% 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 MMEX Resources by adding it to a well-diversified portfolio.
MMEX Resources Valuation on May 3, 2024
It is possible to determine the worth of MMEX Resources on a given historical date. On May 3, 2024 MMEX was worth 2.0E-4 at the beginning of the trading date compared to the closed value of 1.0E-4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MMEX Resources pink sheet. Still, in general, we apply an absolute valuation method to find MMEX Resources' 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 MMEX Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MMEX Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.0002 | 0.0002 | 0.0001 | 0.0001 | 119,907,233 | |
05/03/2024 | 0.0002 | 0.0002 | 0.0001 | 0.0001 | 10,015,292 |
| 0.0002 | 0.0002 | 0.0001 | 0.0001 | 7,675,831 |
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MMEX Resources Trading Date Momentum on May 3, 2024
| On May 06 2024 MMEX Resources Corp was traded for 0.0001 at the closing time. The top price for the day was 0.0002 and the lowest listed price was 0.0001 . The trading volume for the day was 7.7 M. The trading history from May 6, 2024 did not cause price change. The trading delta at closing time against the current closing price is 100.00% . |
MMEX Resources Corp Fundamentals Correlations and Trends
By evaluating MMEX Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among MMEX Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MMEX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MMEX Resources Pink Sheet history
MMEX Resources 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 MMEX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MMEX Resources 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 MMEX Resources stock prices may prove useful in developing a viable investing in MMEX Resources
MMEX Resources Corporation engages in the development, financing, construction, and operation of solar-powered modular refineries producing clean fuels, hydrogen, and carbon capture. The company was founded in 1986 and is based in Austin, Texas. Mmex Resources operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.
MMEX Resources Pink Sheet Technical Analysis
MMEX Resources 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
MMEX Resources Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
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MMEX Resources December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how MMEX Resources 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 MMEX Resources shares will generate the highest return on investment. By undertsting and applying MMEX Resources pink sheet market strength indicators, traders can identify MMEX Resources Corp entry and exit signals to maximize returns
Additional Tools for MMEX Pink Sheet Analysis
When running MMEX Resources' price analysis, check to measure MMEX Resources' 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 MMEX Resources is operating at the current time. Most of MMEX Resources' value examination focuses on studying past and present price action to predict the probability of MMEX Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MMEX Resources' price. Additionally, you may evaluate how the addition of MMEX Resources to your portfolios can decrease your overall portfolio volatility.