American Manganese Stock Price on November 24, 2023

AMY Stock  CAD 0.14  0.01  7.69%   
Below is the normalized historical share price chart for American Manganese extending back to October 02, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of American Manganese stands at 0.14, as last reported on the 30th of November, with the highest price reaching 0.14 and the lowest price hitting 0.14 during the day.
200 Day MA
0.136
50 Day MA
0.104
Beta
2.559
 
Housing Crash
 
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Yuan Drop
 
Covid
If you're considering investing in American Stock, it is important to understand the factors that can impact its price. At this stage we consider American Stock to be out of control. American Manganese secures Sharpe Ratio (or Efficiency) of 0.0287, which signifies that the company had a 0.0287% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for American Manganese, which you can use to evaluate the volatility of the firm. Please confirm American Manganese's risk adjusted performance of 0.0447, and Mean Deviation of 3.18 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%.
  
At this time, American Manganese's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 305.8 M in 2024, whereas Capital Stock is likely to drop slightly above 43 M in 2024. . Price Earnings To Growth Ratio is likely to climb to 0.63 in 2024, whereas Price Earnings Ratio is likely to drop (10.63) in 2024. American Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0287

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Estimated Market Risk

 6.11
  actual daily
54
54% of assets are less volatile

Expected Return

 0.18
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average American Manganese is performing at about 2% 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 American Manganese by adding it to a well-diversified portfolio.
Price Book
1.9847
Book Value
0.071
Enterprise Value
18.5 M
Enterprise Value Ebitda
(16.25)
Shares Float
259.3 M

American Manganese Valuation on November 24, 2023

It is possible to determine the worth of American Manganese on a given historical date. On November 24, 2023 American was worth 0.28 at the beginning of the trading date compared to the closed value of 0.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of American Manganese stock. Still, in general, we apply an absolute valuation method to find American Manganese'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 American Manganese where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against American Manganese's related companies.
 Open High Low Close Volume
  0.30    0.30    0.28    0.28    8,000  
11/24/2023
  0.28    0.28    0.28    0.28    10,500  
  0.30    0.30    0.27    0.27    44,900  
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Open Value
0.28
0.28
Closing Value
18.60
Upside

American Manganese Trading Date Momentum on November 24, 2023

On November 27 2023 American Manganese was traded for  0.27  at the closing time. The highest daily price throughout the period was 0.30  and the lowest price was  0.27 . The daily volume was 44.9 K. The net trading volume on 11/27/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 3.57% . The overall trading delta to current closing price is 0.00% .

American Manganese Fundamentals Correlations and Trends

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

About American Manganese Stock history

American Manganese 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 American is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in American Manganese 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 American Manganese stock prices may prove useful in developing a viable investing in American Manganese
Last ReportedProjected for Next Year
Common Stock Shares Outstanding291.3 M305.8 M
Net Loss-10.2 M-9.7 M

American Manganese Quarterly Net Working Capital

18.53 Million

American Manganese Stock Technical Analysis

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

American Manganese Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

American Manganese cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.

American Manganese November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how American Manganese stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading American Manganese shares will generate the highest return on investment. By undertsting and applying American Manganese stock market strength indicators, traders can identify American Manganese entry and exit signals to maximize returns

American Manganese Technical and Predictive Indicators

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

Additional Tools for American Stock Analysis

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