Palamina Corp Stock Price on October 15, 2024
PLMNF Stock | USD 0.09 0 4.51% |
If you're considering investing in Palamina OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Palamina Corp stands at 0.09, as last reported on the 29th of November, with the highest price reaching 0.09 and the lowest price hitting 0.09 during the day. Palamina Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.0103, which implies the firm had a -0.0103% return per unit of risk over the last 3 months. Palamina Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Palamina Corp's Risk Adjusted Performance of (0.01), variance of 81.24, and Coefficient Of Variation of (4,536) to confirm the risk estimate we provide.
Palamina OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Palamina |
Sharpe Ratio = -0.0103
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Estimated Market Risk
9.19 actual daily | 81 81% of assets are less volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Palamina Corp 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 Palamina Corp by adding Palamina Corp to a well-diversified portfolio.
Palamina Corp Valuation on October 15, 2024
It is possible to determine the worth of Palamina Corp on a given historical date. On October 15, 2024 Palamina was worth 0.18 at the beginning of the trading date compared to the closed value of 0.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Palamina Corp otc stock. Still, in general, we apply an absolute valuation method to find Palamina Corp'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 Palamina Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Palamina Corp's related companies.
Open | High | Low | Close | Volume | |
0.16 | 0.16 | 0.16 | 0.16 | 1.00 | |
10/15/2024 | 0.18 | 0.19 | 0.18 | 0.18 | 20,900 |
0.18 | 0.18 | 0.16 | 0.16 | 8,039 |
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Palamina Corp Trading Date Momentum on October 15, 2024
On October 16 2024 Palamina Corp was traded for 0.16 at the closing time. The highest daily price throughout the period was 0.18 and the lowest price was 0.16 . The daily volume was 8 K. The net trading volume on 10/16/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 11.11% . The trading delta at closing time to current closing price is 5.56% . |
Palamina Corp Fundamentals Correlations and Trends
By evaluating Palamina Corp'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 Palamina Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Palamina financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Palamina Corp OTC Stock history
Palamina Corp 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 Palamina is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Palamina 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 Palamina Corp stock prices may prove useful in developing a viable investing in Palamina Corp
Palamina Corp., through its subsidiary, Palamina S.A. de C.V., focuses on the exploration of mineral deposits in Mexico, Canada, and Peru. The company was incorporated in 2015 and is headquartered in Toronto, Canada. PALAMINA CORP operates under Gold classification in the United States and is traded on OTC Exchange.
Palamina Corp OTC Stock Technical Analysis
Palamina Corp 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
Palamina Corp Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Palamina 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.
Palamina Corp November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Palamina Corp 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 Palamina Corp shares will generate the highest return on investment. By undertsting and applying Palamina Corp otc stock market strength indicators, traders can identify Palamina Corp entry and exit signals to maximize returns
Palamina Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Palamina Corp's price direction in advance. Along with the technical and fundamental analysis of Palamina OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Palamina 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 | (0.28) | |||
Total Risk Alpha | (1.57) | |||
Treynor Ratio | (0.33) |
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Complementary Tools for Palamina OTC Stock analysis
When running Palamina Corp's price analysis, check to measure Palamina Corp'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 Palamina Corp is operating at the current time. Most of Palamina Corp's value examination focuses on studying past and present price action to predict the probability of Palamina Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palamina Corp's price. Additionally, you may evaluate how the addition of Palamina Corp to your portfolios can decrease your overall portfolio volatility.
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