Almaden Minerals Stock Price on May 28, 2024
| AMM Stock | CAD 0.12 0.02 20.00% |
If you're considering investing in Almaden Stock, it is important to understand the factors that can impact its price. As of today, the current price of Almaden Minerals stands at 0.12, as last reported on the 27th of March, with the highest price reaching 0.12 and the lowest price hitting 0.12 during the day. Almaden Minerals is out of control given 3 months investment horizon. Almaden Minerals secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17 % return per unit of risk over the last 3 months. We have collected data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.51% are justified by taking the suggested risk. Use Almaden Minerals Risk Adjusted Performance of 0.15, mean deviation of 5.98, and Downside Deviation of 12.19 to evaluate company specific risk that cannot be diversified away.
Almaden Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Almaden |
Sharpe Ratio = 0.1668
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Estimated Market Risk
| 9.06 actual daily | 80 80% of assets are less volatile |
Expected Return
| 1.51 actual daily | 30 70% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Almaden Minerals is performing at about 13% 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 Almaden Minerals by adding it to a well-diversified portfolio.
Almaden Minerals Valuation on May 28, 2024
It is possible to determine the worth of Almaden Minerals on a given historical date. On May 28, 2024 Almaden was worth 0.17 at the beginning of the trading date compared to the closed value of 0.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Almaden Minerals stock. Still, in general, we apply an absolute valuation method to find Almaden Minerals' 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 Almaden Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Almaden Minerals' related companies.
| Open | High | Low | Close | Volume | |
| 0.18 | 0.18 | 0.18 | 0.18 | 1.00 | |
05/28/2024 | 0.17 | 0.17 | 0.17 | 0.17 | 4,500 |
| 0.17 | 0.17 | 0.16 | 0.16 | 12,000 |
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Almaden Minerals Trading Date Momentum on May 28, 2024
| On May 29 2024 Almaden Minerals was traded for 0.16 at the closing time. The maximum traded price for the trading interval was 0.17 and the lowest daily price was 0.16 . The daily volume was recorded at 12 K. The volume of trading on 29th of May 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 5.88% . The overall trading delta to the closing price today is 35.29% . |
Almaden Minerals Fundamentals Correlations and Trends
By evaluating Almaden Minerals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Almaden Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Almaden financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Almaden Minerals Stock history
Almaden Minerals 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 Almaden is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Almaden Minerals 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 Almaden Minerals stock prices may prove useful in developing a viable investing in Almaden Minerals
Almaden Minerals Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada and Mexico. The company was founded in 1980 and is headquartered in Vancouver, Canada. ALMADEN MINERALS operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 9 people.
Almaden Minerals Stock Technical Analysis
Almaden Minerals 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, stock market cycles, or different charting patterns.
Price Boundaries
Almaden Minerals Period Price Range
Low | March 27, 2025
| High |
0.00 | 0.00 |
Almaden Minerals cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Almaden Minerals March 27, 2025 Market Strength
Market strength indicators help investors to evaluate how Almaden Minerals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Almaden Minerals shares will generate the highest return on investment. By undertsting and applying Almaden Minerals stock market strength indicators, traders can identify Almaden Minerals entry and exit signals to maximize returns
Almaden Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Almaden Minerals' price direction in advance. Along with the technical and fundamental analysis of Almaden Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Almaden 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 | 0.15 | |||
| Jensen Alpha | 1.5 | |||
| Total Risk Alpha | 1.53 | |||
| Sortino Ratio | 0.1233 | |||
| Treynor Ratio | 1.95 |
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Other Information on Investing in Almaden Stock
Almaden Minerals financial ratios help investors to determine whether Almaden Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Almaden with respect to the benefits of owning Almaden Minerals security.