Portofino Resources Stock Price on July 19, 2024

PFFOF Stock  USD 0.01  0  30.00%   
If you're considering investing in Portofino Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Portofino Resources stands at 0.01, as last reported on the 27th of December, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day. Portofino Resources maintains Sharpe Ratio (i.e., Efficiency) of -0.0254, which implies the firm had a -0.0254% return per unit of risk over the last 3 months. Portofino Resources exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Portofino Resources' Variance of 178.1, risk adjusted performance of (0.03), and Coefficient Of Variation of (2,240) to confirm the risk estimate we provide.
  
Portofino Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0254

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Estimated Market Risk

 13.49
  actual daily
96
96% of assets are less volatile

Expected Return

 -0.34
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Portofino Resources 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 Portofino Resources by adding Portofino Resources to a well-diversified portfolio.

Portofino Resources Valuation on July 19, 2024

It is possible to determine the worth of Portofino Resources on a given historical date. On July 19, 2024 Portofino was worth 0.0275 at the beginning of the trading date compared to the closed value of 0.0275. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Portofino Resources pink sheet. Still, in general, we apply an absolute valuation method to find Portofino 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 Portofino Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Portofino Resources' related companies.
 Open High Low Close Volume
  0.03    0.03    0.03    0.03    4,000  
07/19/2024
  0.03    0.03    0.03    0.03    1.00  
  0.03    0.03    0.03    0.03    1.00  
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Open Value
0.0275
0.0003
Downside
0.0275
Closing Value
40.49
Upside

Portofino Resources Trading Date Momentum on July 19, 2024

On July 22 2024 Portofino Resources 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 . There was no trading activity during the period 1.0. Lack of trading volume on 07/22/2024 did not cause price change. The trading delta at closing time to current closing price is 18.91% .

Portofino Resources Fundamentals Correlations and Trends

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

About Portofino Resources Pink Sheet history

Portofino 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 Portofino is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Portofino Resources 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 Portofino Resources stock prices may prove useful in developing a viable investing in Portofino Resources
Portofino Resources Inc. acquires, explores for, and develops mineral properties in the Americas. Portofino Resources Inc. was incorporated in 2011 and is headquartered in Vancouver, Canada. Portofino Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.

Portofino Resources Pink Sheet Technical Analysis

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

Portofino Resources Period Price Range

Low
December 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Portofino Resources 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.

Portofino Resources December 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Portofino 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 Portofino Resources shares will generate the highest return on investment. By undertsting and applying Portofino Resources pink sheet market strength indicators, traders can identify Portofino Resources entry and exit signals to maximize returns

Portofino Resources Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Portofino Resources' price direction in advance. Along with the technical and fundamental analysis of Portofino Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Portofino 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 Portofino Pink Sheet analysis

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