Algoma Central Stock Price on February 16, 2023

AGMJF Stock  USD 9.99  0.76  7.07%   
If you're considering investing in Algoma Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Algoma Central stands at 9.99, as last reported on the 25th of December, with the highest price reaching 9.99 and the lowest price hitting 9.99 during the day. Algoma Central secures Sharpe Ratio (or Efficiency) of -0.0847, which signifies that the company had a -0.0847% return per unit of standard deviation over the last 3 months. Algoma Central exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Algoma Central's mean deviation of 0.3221, and Risk Adjusted Performance of 0.0359 to double-check the risk estimate we provide.
  
Algoma Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0847

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Estimated Market Risk

 1.31
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Algoma Central 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 Algoma Central by adding Algoma Central to a well-diversified portfolio.

Algoma Central Valuation on February 16, 2023

It is possible to determine the worth of Algoma Central on a given historical date. On February 16, 2023 Algoma was worth 11.2 at the beginning of the trading date compared to the closed value of 11.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Algoma Central pink sheet. Still, in general, we apply an absolute valuation method to find Algoma Central'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 Algoma Central where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Algoma Central's related companies.
 Open High Low Close Volume
  11.18    11.20    11.18    11.20    510.00  
02/16/2023
  11.20    11.20    11.20    11.20    33.00  
  10.97    10.97    10.97    10.97    510.00  
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Open Value
11.2
11.2
Closing Value
15.12
Upside

Algoma Central Trading Date Momentum on February 16, 2023

On February 17 2023 Algoma Central was traded for  10.97  at the closing time. The highest daily price throughout the period was 10.97  and the lowest price was  10.97 . The daily volume was 510. The net trading volume on 02/17/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 2.05% . The overall trading delta to current closing price is 3.39% .

Algoma Central Fundamentals Correlations and Trends

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

About Algoma Central Pink Sheet history

Algoma Central 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 Algoma is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Algoma Central 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 Algoma Central stock prices may prove useful in developing a viable investing in Algoma Central
Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers on the Great Lakes - St. Algoma Central Corporation was incorporated in 1899 and is headquartered in St. Algoma Cent operates under Marine Shipping classification in the United States and is traded on OTC Exchange. It employs 1600 people.

Algoma Central Pink Sheet Technical Analysis

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

Algoma Central Period Price Range

Low
December 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Algoma Central 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.

Algoma Central December 25, 2024 Market Strength

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

Algoma Central Technical and Predictive Indicators

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

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