Blumetric Environmental Stock Price on September 12, 2024
| BLM Stock | CAD 0.85 0.03 3.41% |
Below is the normalized historical share price chart for BluMetric Environmental extending back to December 01, 1995. 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 BluMetric Environmental stands at 0.85, as last reported on the 4th of December, with the highest price reaching 0.87 and the lowest price hitting 0.85 during the day.
If you're considering investing in BluMetric Stock, it is important to understand the factors that can impact its price. BluMetric Environmental appears to be abnormally volatile, given 3 months investment horizon. BluMetric Environmental secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. By analyzing BluMetric Environmental's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please makes use of BluMetric Environmental's Mean Deviation of 3.77, risk adjusted performance of 0.1017, and Downside Deviation of 4.14 to double-check if our risk estimates are consistent with your expectations.
At this time, BluMetric Environmental's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 35.6 M in 2024, whereas Capital Stock is likely to drop slightly above 6.2 M in 2024. . Price Earnings To Growth Ratio is likely to climb to 0.01 in 2024, whereas Price To Sales Ratio is likely to drop 0.03 in 2024. BluMetric Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.5325 | 50 Day MA 0.7946 | Beta 1.407 |
BluMetric |
Sharpe Ratio = 0.1338
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | BLM | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.55 actual daily | 49 51% of assets are more volatile |
Expected Return
| 0.74 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average BluMetric Environmental is performing at about 10% 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 BluMetric Environmental by adding it to a well-diversified portfolio.
Price Book 2.1958 | Enterprise Value Ebitda 11.6757 | Price Sales 0.7942 | Shares Float 25 M | Wall Street Target Price 0.67 |
BluMetric Environmental Valuation on September 12, 2024
It is possible to determine the worth of BluMetric Environmental on a given historical date. On September 12, 2024 BluMetric was worth 0.6 at the beginning of the trading date compared to the closed value of 0.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BluMetric Environmental stock. Still, in general, we apply an absolute valuation method to find BluMetric Environmental'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 BluMetric Environmental where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BluMetric Environmental's related companies.
| Open | High | Low | Close | Volume | |
| 0.54 | 0.54 | 0.54 | 0.54 | 1.00 | |
09/12/2024 | 0.60 | 0.65 | 0.59 | 0.65 | 145,822 |
| 0.61 | 0.61 | 0.59 | 0.60 | 14,266 |
| Backtest BluMetric Environmental | | | BluMetric Environmental History | | | BluMetric Environmental Valuation | Previous | Next |
BluMetric Environmental Trading Date Momentum on September 12, 2024
| On September 13 2024 BluMetric Environmental was traded for 0.60 at the closing time. The highest daily price throughout the period was 0.61 and the lowest price was 0.59 . The daily volume was 14.3 K. The net trading volume on 09/13/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 7.69% . The overall trading delta to current closing price is 9.23% . |
BluMetric Environmental Fundamentals Correlations and Trends
By evaluating BluMetric Environmental'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 BluMetric Environmental's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BluMetric financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BluMetric Environmental Stock history
BluMetric Environmental 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 BluMetric is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BluMetric Environmental 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 BluMetric Environmental stock prices may prove useful in developing a viable investing in BluMetric Environmental
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 33.9 M | 35.6 M | |
| Net Income Applicable To Common Shares | 1.5 M | 1.6 M |
BluMetric Environmental Quarterly Net Working Capital |
|
BluMetric Environmental Stock Technical Analysis
BluMetric Environmental 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
BluMetric Environmental Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
BluMetric Environmental 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.
BluMetric Environmental December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how BluMetric Environmental stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BluMetric Environmental shares will generate the highest return on investment. By undertsting and applying BluMetric Environmental stock market strength indicators, traders can identify BluMetric Environmental entry and exit signals to maximize returns
BluMetric Environmental Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BluMetric Environmental's price direction in advance. Along with the technical and fundamental analysis of BluMetric Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BluMetric 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 | 0.1017 | |||
| Jensen Alpha | 0.6702 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.1342 | |||
| Treynor Ratio | (6.14) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for BluMetric Stock Analysis
When running BluMetric Environmental's price analysis, check to measure BluMetric Environmental'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 BluMetric Environmental is operating at the current time. Most of BluMetric Environmental's value examination focuses on studying past and present price action to predict the probability of BluMetric Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BluMetric Environmental's price. Additionally, you may evaluate how the addition of BluMetric Environmental to your portfolios can decrease your overall portfolio volatility.