Polymet Mining Corp Price on June 12, 2023
PLMDelisted Stock | USD 2.08 0.00 0.00% |
If you're considering investing in Polymet Stock, it is important to understand the factors that can impact its price. As of today, the current price of Polymet Mining stands at 2.08, as last reported on the 15th of December 2024, with the highest price reaching 2.09 and the lowest price hitting 2.08 during the day. We have found twenty-seven technical indicators for Polymet Mining Corp, which you can use to evaluate the volatility of the company. Please check Polymet Mining's Risk Adjusted Performance of 0.0501, semi deviation of 5.09, and Coefficient Of Variation of 1791.61 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
Polymet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Polymet |
Sharpe Ratio = 0.0
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Based on monthly moving average Polymet Mining 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 Polymet Mining by adding Polymet Mining to a well-diversified portfolio.
Polymet Mining Valuation on June 12, 2023
It is possible to determine the worth of Polymet Mining on a given historical date. On June 12, 2023 Polymet was worth 0.86 at the beginning of the trading date compared to the closed value of 0.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Polymet Mining stock. Still, in general, we apply an absolute valuation method to find Polymet Mining'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 Polymet Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Polymet Mining's related companies.
Open | High | Low | Close | Volume | |
0.97 | 1.00 | 0.86 | 0.87 | 411,002 | |
06/12/2023 | 0.86 | 0.88 | 0.82 | 0.84 | 363,422 |
0.85 | 0.86 | 0.82 | 0.83 | 206,065 |
Backtest Polymet Mining | | | Polymet Mining History | | | Polymet Mining Valuation | Previous | Next |
Polymet Mining Trading Date Momentum on June 12, 2023
On June 13 2023 Polymet Mining Corp was traded for 0.83 at the closing time. Highest Polymet Mining's price during the trading hours was 0.86 and the lowest price during the day was 0.82 . The net volume was 206.1 K. The overall trading history on the 13th of June 2023 contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.19% . The trading delta at closing time to current price is 3.57% . |
Polymet Mining Corp Fundamentals Correlations and Trends
By evaluating Polymet Mining'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 Polymet Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Polymet financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Polymet Mining Stock history
Polymet Mining 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 Polymet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Polymet Mining 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 Polymet Mining stock prices may prove useful in developing a viable investing in Polymet Mining
PolyMet Mining Corp., through its subsidiary, Poly Met Mining, Inc., engages in the exploration and development of natural resource properties. PolyMet Mining Corp. operates as a subsidiary of Glencore AG. Polymet Mining operates under Other Industrial Metals Mining classification in the United States and is traded on AMEX Exchange.
Polymet Mining Stock Technical Analysis
Polymet Mining technical 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Polymet Mining Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Polymet Mining Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT 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.
Polymet Mining December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Polymet Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Polymet Mining shares will generate the highest return on investment. By undertsting and applying Polymet Mining stock market strength indicators, traders can identify Polymet Mining Corp entry and exit signals to maximize returns
Polymet Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Polymet Mining's price direction in advance. Along with the technical and fundamental analysis of Polymet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Polymet 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 | 0.0501 | |||
Jensen Alpha | 0.7573 | |||
Total Risk Alpha | (1.36) | |||
Sortino Ratio | 0.1661 | |||
Treynor Ratio | 0.296 |
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Other Consideration for investing in Polymet Stock
If you are still planning to invest in Polymet Mining Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Polymet Mining's history and understand the potential risks before investing.
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