Monumental Minerals Corp Stock Price on November 29, 2024
| MNMRF Stock | USD 0.03 0.01 26.83% |
If you're considering investing in Monumental OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Monumental Minerals stands at 0.03, as last reported on the 4th of December, with the highest price reaching 0.03 and the lowest price hitting 0.03 during the day. Monumental Minerals appears to be out of control, given 3 months investment horizon. Monumental Minerals Corp has Sharpe Ratio of 0.0513, which conveys that the firm had a 0.0513% return per unit of risk over the last 3 months. By analyzing Monumental Minerals' technical indicators, you can evaluate if the expected return of 0.91% is justified by implied risk. Please exercise Monumental Minerals' Risk Adjusted Performance of 0.0354, mean deviation of 10.43, and Downside Deviation of 22.53 to check out if our risk estimates are consistent with your expectations.
Monumental OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Monumental |
Sharpe Ratio = 0.0513
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Estimated Market Risk
| 17.76 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.91 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Monumental Minerals is performing at about 4% 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 Monumental Minerals by adding it to a well-diversified portfolio.
Monumental Minerals Valuation on November 29, 2024
It is possible to determine the worth of Monumental Minerals on a given historical date. On November 29, 2024 Monumental was worth 0.041 at the beginning of the trading date compared to the closed value of 0.041. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Monumental Minerals otc stock. Still, in general, we apply an absolute valuation method to find Monumental Minerals' 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 Monumental Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Monumental Minerals' related companies.
| Open | High | Low | Close | Volume | |
| 0.04 | 0.04 | 0.04 | 0.04 | 11,400 | |
11/29/2024 | 0.04 | 0.04 | 0.04 | 0.04 | 6,420 |
| 0.03 | 0.03 | 0.03 | 0.03 | 77,090 |
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Monumental Minerals Trading Date Momentum on November 29, 2024
| On December 02 2024 Monumental Minerals Corp was traded for 0.03 at the closing time. The highest daily price throughout the period was 0.03 and the lowest price was 0.03 . The daily volume was 77.1 K. The net trading volume on 12/02/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 26.83% . The trading delta at closing time to current closing price is 26.83% . |
Monumental Minerals Corp Fundamentals Correlations and Trends
By evaluating Monumental Minerals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Monumental Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Monumental financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Monumental Minerals OTC Stock history
Monumental Minerals 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 Monumental is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Monumental Minerals 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 Monumental Minerals stock prices may prove useful in developing a viable investing in Monumental Minerals
Monumental Minerals Corp., an exploration stage company, engages in the acquisition and exploration of mineral properties in Canada and Mexico. Monumental Minerals Corp. was incorporated in 2020 and is headquartered in Vancouver, Canada. Monumental Minerals is traded on OTC Exchange in the United States.
Monumental Minerals OTC Stock Technical Analysis
Monumental Minerals 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
Monumental Minerals Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Monumental Minerals Corp cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
Monumental Minerals December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Monumental Minerals 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 Monumental Minerals shares will generate the highest return on investment. By undertsting and applying Monumental Minerals otc stock market strength indicators, traders can identify Monumental Minerals Corp entry and exit signals to maximize returns
Monumental Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Monumental Minerals' price direction in advance. Along with the technical and fundamental analysis of Monumental OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Monumental 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 | 0.0354 | |||
| Jensen Alpha | 0.7839 | |||
| Total Risk Alpha | (1.79) | |||
| Sortino Ratio | 0.0213 | |||
| Treynor Ratio | (0.30) |
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Complementary Tools for Monumental OTC Stock analysis
When running Monumental Minerals' price analysis, check to measure Monumental Minerals' 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 Monumental Minerals is operating at the current time. Most of Monumental Minerals' value examination focuses on studying past and present price action to predict the probability of Monumental Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Monumental Minerals' price. Additionally, you may evaluate how the addition of Monumental Minerals to your portfolios can decrease your overall portfolio volatility.
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