Abrasilver Resource Corp Stock Price on June 7, 2024
| ABBRF Stock | USD 1.87 0.09 4.59% |
If you're considering investing in AbraSilver OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of AbraSilver Resource stands at 1.87, as last reported on the 2nd of December, with the highest price reaching 1.90 and the lowest price hitting 1.87 during the day. AbraSilver Resource appears to be very risky, given 3 months investment horizon. AbraSilver Resource Corp secures Sharpe Ratio (or Efficiency) of 0.0796, which signifies that the company had a 0.0796% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for AbraSilver Resource Corp, which you can use to evaluate the volatility of the firm. Please makes use of AbraSilver Resource's Mean Deviation of 2.69, risk adjusted performance of 0.0569, and Downside Deviation of 3.39 to double-check if our risk estimates are consistent with your expectations.
AbraSilver OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
AbraSilver |
Sharpe Ratio = 0.0796
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Estimated Market Risk
| 3.41 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average AbraSilver Resource is performing at about 6% 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 AbraSilver Resource by adding it to a well-diversified portfolio.
AbraSilver Resource Valuation on June 7, 2024
It is possible to determine the worth of AbraSilver Resource on a given historical date. On June 7, 2024 AbraSilver was worth 1.73 at the beginning of the trading date compared to the closed value of 1.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AbraSilver Resource otc stock. Still, in general, we apply an absolute valuation method to find AbraSilver Resource'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 AbraSilver Resource where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AbraSilver Resource's related companies.
| Open | High | Low | Close | Volume | |
| 1.76 | 1.88 | 1.76 | 1.87 | 80,285 | |
06/07/2024 | 1.73 | 1.79 | 1.71 | 1.71 | 88,810 |
| 1.67 | 1.72 | 1.61 | 1.65 | 195,100 |
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AbraSilver Resource Trading Date Momentum on June 7, 2024
| On June 10 2024 AbraSilver Resource Corp was traded for 1.65 at the closing time. The highest daily price throughout the period was 1.72 and the lowest price was 1.61 . The daily volume was 195.1 K. The net trading volume on 06/10/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 3.51% . The overall trading delta to current closing price is 3.51% . |
AbraSilver Resource Corp Fundamentals Correlations and Trends
By evaluating AbraSilver Resource'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 AbraSilver Resource's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AbraSilver financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AbraSilver Resource OTC Stock history
AbraSilver Resource 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 AbraSilver is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AbraSilver Resource 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 AbraSilver Resource stock prices may prove useful in developing a viable investing in AbraSilver Resource
AbraSilver Resource Corp. operates as a precious metals exploration company in Argentina, Chile, and Canada. AbraSilver Resource Corp. was incorporated in 1993 and is headquartered in Toronto, Canada. ABRASILVER RESOURCE is traded on OTC Exchange in the United States.
AbraSilver Resource OTC Stock Technical Analysis
AbraSilver Resource 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
AbraSilver Resource Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
AbraSilver Resource Corp cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.
AbraSilver Resource December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how AbraSilver Resource 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 AbraSilver Resource shares will generate the highest return on investment. By undertsting and applying AbraSilver Resource otc stock market strength indicators, traders can identify AbraSilver Resource Corp entry and exit signals to maximize returns
AbraSilver Resource Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AbraSilver Resource's price direction in advance. Along with the technical and fundamental analysis of AbraSilver OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AbraSilver 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 | 0.0569 | |||
| Jensen Alpha | 0.2653 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | 0.0247 | |||
| Treynor Ratio | (0.50) |
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Complementary Tools for AbraSilver OTC Stock analysis
When running AbraSilver Resource's price analysis, check to measure AbraSilver Resource'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 AbraSilver Resource is operating at the current time. Most of AbraSilver Resource's value examination focuses on studying past and present price action to predict the probability of AbraSilver Resource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AbraSilver Resource's price. Additionally, you may evaluate how the addition of AbraSilver Resource to your portfolios can decrease your overall portfolio volatility.
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