Black Diamond Group Stock Price on October 10, 2024
BDIMF Stock | USD 6.34 0.00 0.00% |
If you're considering investing in Black OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Black Diamond stands at 6.34, as last reported on the 3rd of December, with the highest price reaching 6.34 and the lowest price hitting 6.34 during the day. Black Diamond Group secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of standard deviation over the last 3 months. Black Diamond Group exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Black Diamond's risk adjusted performance of (0.11), and Mean Deviation of 0.9993 to double-check the risk estimate we provide.
Black OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Black |
Sharpe Ratio = -0.1141
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Estimated Market Risk
1.6 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Black Diamond 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 Black Diamond by adding Black Diamond to a well-diversified portfolio.
Black Diamond Valuation on October 10, 2024
It is possible to determine the worth of Black Diamond on a given historical date. On October 10, 2024 Black was worth 6.88 at the beginning of the trading date compared to the closed value of 6.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Black Diamond otc stock. Still, in general, we apply an absolute valuation method to find Black Diamond'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 Black Diamond where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Black Diamond's related companies.
Open | High | Low | Close | Volume | |
6.88 | 6.88 | 6.88 | 6.88 | 300.00 | |
10/10/2024 | 6.88 | 6.88 | 6.88 | 6.88 | 1.00 |
6.88 | 6.88 | 6.88 | 6.88 | 1.00 |
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Black Diamond Trading Date Momentum on October 10, 2024
On October 11 2024 Black Diamond Group was traded for 6.88 at the closing time. The highest daily price throughout the period was 6.88 and the lowest price was 6.88 . There was no trading activity during the period 1.0. Lack of trading volume on 10/11/2024 did not affect price variability. The overall trading delta to current closing price is 2.03% . |
Black Diamond Group Fundamentals Correlations and Trends
By evaluating Black Diamond'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 Black Diamond's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Black financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Black Diamond OTC Stock history
Black Diamond 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 Black is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Black Diamond Group 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 Black Diamond stock prices may prove useful in developing a viable investing in Black Diamond
Black Diamond Group Limited rents and sells modular space and workforce accommodation solutions. The company was founded in 2003 and is headquartered in Calgary, Canada. Black Diamond operates under Rental Leasing Services classification in the United States and is traded on OTC Exchange. It employs 376 people.
Black Diamond OTC Stock Technical Analysis
Black Diamond 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
Black Diamond Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Black Diamond Group 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.
Black Diamond December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Black Diamond 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 Black Diamond shares will generate the highest return on investment. By undertsting and applying Black Diamond otc stock market strength indicators, traders can identify Black Diamond Group entry and exit signals to maximize returns
Black Diamond Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Black Diamond's price direction in advance. Along with the technical and fundamental analysis of Black OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Black 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 | (0.11) | |||
Jensen Alpha | (0.28) | |||
Total Risk Alpha | (0.50) | |||
Treynor Ratio | (1.01) |
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Volume Indicators |
Complementary Tools for Black OTC Stock analysis
When running Black Diamond's price analysis, check to measure Black Diamond'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 Black Diamond is operating at the current time. Most of Black Diamond's value examination focuses on studying past and present price action to predict the probability of Black Diamond's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Black Diamond's price. Additionally, you may evaluate how the addition of Black Diamond to your portfolios can decrease your overall portfolio volatility.
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