Optimi Health Corp Stock Price on November 1, 2024
| OPTHF Stock | USD 0.16 0.01 5.88% |
If you're considering investing in Optimi OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Optimi Health stands at 0.16, as last reported on the 16th of December 2024, with the highest price reaching 0.16 and the lowest price hitting 0.15 during the day. Optimi Health Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.0205, which implies the firm had a -0.0205% return per unit of risk over the last 3 months. Optimi Health Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Optimi Health's Risk Adjusted Performance of (0.01), coefficient of variation of (3,525), and Variance of 55.3 to confirm the risk estimate we provide.
Optimi OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Optimi |
Sharpe Ratio = -0.0205
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Estimated Market Risk
| 7.45 actual daily | 66 66% of assets are less volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Optimi Health 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 Optimi Health by adding Optimi Health to a well-diversified portfolio.
Optimi Health Valuation on November 1, 2024
It is possible to determine the worth of Optimi Health on a given historical date. On November 1, 2024 Optimi was worth 0.17 at the beginning of the trading date compared to the closed value of 0.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Optimi Health otc stock. Still, in general, we apply an absolute valuation method to find Optimi Health'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 Optimi Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Optimi Health's related companies.
| Open | High | Low | Close | Volume | |
| 0.14 | 0.17 | 0.14 | 0.15 | 43,906 | |
11/01/2024 | 0.17 | 0.17 | 0.15 | 0.16 | 6,866 |
| 0.15 | 0.15 | 0.15 | 0.15 | 550.00 |
| Backtest Optimi Health | | | Optimi Health History | | | Optimi Health Valuation | Previous | Next |
Optimi Health Trading Date Momentum on November 1, 2024
| On November 04 2024 Optimi Health Corp was traded for 0.15 at the closing time. The highest daily price throughout the period was 0.15 and the lowest price was 0.15 . The daily volume was 550. The net trading volume on 11/04/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 6.25% . The trading delta at closing time to current closing price is 12.50% . |
Optimi Health Corp Fundamentals Correlations and Trends
By evaluating Optimi Health'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 Optimi Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Optimi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Optimi Health OTC Stock history
Optimi Health 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 Optimi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Optimi Health 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 Optimi Health stock prices may prove useful in developing a viable investing in Optimi Health
Optimi Health Corp. develops an integrated functional mushroom brand that focuses on the health and wellness food markets in Canada. Optimi Health Corp. was incorporated in 2020 and is headquartered in Vancouver, Canada. OPTIMI HEALTH is traded on OTC Exchange in the United States.
Optimi Health OTC Stock Technical Analysis
Optimi Health 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
Optimi Health Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
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Optimi Health December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Optimi Health 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 Optimi Health shares will generate the highest return on investment. By undertsting and applying Optimi Health otc stock market strength indicators, traders can identify Optimi Health Corp entry and exit signals to maximize returns
Optimi Health Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Optimi Health's price direction in advance. Along with the technical and fundamental analysis of Optimi OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Optimi 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 | (0.01) | |||
| Jensen Alpha | (0.43) | |||
| Total Risk Alpha | (1.15) | |||
| Treynor Ratio | (0.09) |
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| Volume Indicators |
Complementary Tools for Optimi OTC Stock analysis
When running Optimi Health's price analysis, check to measure Optimi Health'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 Optimi Health is operating at the current time. Most of Optimi Health's value examination focuses on studying past and present price action to predict the probability of Optimi Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Optimi Health's price. Additionally, you may evaluate how the addition of Optimi Health to your portfolios can decrease your overall portfolio volatility.
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