Cmc Metals Stock Price on February 28, 2024
| CMB Stock | CAD 0.02 0.01 33.33% |
Below is the normalized historical share price chart for CMC Metals extending back to September 08, 2003. 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 CMC Metals stands at 0.02, as last reported on the 15th of December 2024, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day.
If you're considering investing in CMC Stock, it is important to understand the factors that can impact its price. CMC Metals is out of control given 3 months investment horizon. CMC Metals retains Efficiency (Sharpe Ratio) of 0.0839, which signifies that the company had a 0.0839% return per unit of risk over the last 3 months. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.54% are justified by taking the suggested risk. Use CMC Metals market risk adjusted performance of 1.35, and Coefficient Of Variation of 1111.04 to evaluate company specific risk that cannot be diversified away.
Common Stock Shares Outstanding is likely to climb to about 165.7 M in 2024, despite the fact that Total Stockholder Equity is likely to grow to (516 K). . At this time, CMC Metals' Price To Sales Ratio is fairly stable compared to the past year. Price Sales Ratio is likely to climb to about 2.3 M in 2024, whereas Price Earnings Ratio is likely to drop (3.71) in 2024. CMC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0304 | 50 Day MA 0.025 | Beta 0.973 |
CMC |
Sharpe Ratio = 0.0839
| Best Portfolio | Best Equity | |||
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| Average Returns | CMB | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 18.33 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.54 actual daily | 30 70% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average CMC Metals is performing at about 6% 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 CMC Metals by adding it to a well-diversified portfolio.
Price Book 4.5874 | Book Value 0.004 | Enterprise Value 2.9 M | Enterprise Value Ebitda (4.88) | Shares Float 149.2 M |
CMC Metals Valuation on February 28, 2024
It is possible to determine the worth of CMC Metals on a given historical date. On February 28, 2024 CMC was worth 0.04 at the beginning of the trading date compared to the closed value of 0.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CMC Metals stock. Still, in general, we apply an absolute valuation method to find CMC Metals' 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 CMC Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CMC Metals' related companies.
| Open | High | Low | Close | Volume | |
| 0.04 | 0.04 | 0.04 | 0.04 | 500.00 | |
02/28/2024 | 0.04 | 0.04 | 0.03 | 0.03 | 216,200 |
| 0.03 | 0.03 | 0.03 | 0.03 | 35,400 |
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CMC Metals Trading Date Momentum on February 28, 2024
| On February 29 2024 CMC Metals was traded for 0.03 at the closing time. The highest daily price throughout the period was 0.03 and the lowest price was 0.03 . The daily volume was 35.4 K. The net trading volume on 02/29/2024 did not affect price variability. The overall trading delta to current closing price is 33.33% . |
CMC Metals Fundamentals Correlations and Trends
By evaluating CMC Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among CMC Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CMC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CMC Metals Stock history
CMC Metals 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 CMC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CMC Metals 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 CMC Metals stock prices may prove useful in developing a viable investing in CMC Metals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 157.8 M | 165.7 M | |
| Net Loss | -4.9 M | -5.2 M |
CMC Metals Stock Technical Analysis
CMC Metals 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
CMC Metals Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
CMC Metals 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.
CMC Metals December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how CMC Metals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CMC Metals shares will generate the highest return on investment. By undertsting and applying CMC Metals stock market strength indicators, traders can identify CMC Metals entry and exit signals to maximize returns
CMC Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CMC Metals' price direction in advance. Along with the technical and fundamental analysis of CMC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CMC 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 | 0.0749 | |||
| Jensen Alpha | 1.64 | |||
| Total Risk Alpha | (0.68) | |||
| Sortino Ratio | 0.0463 | |||
| Treynor Ratio | 1.34 |
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Additional Tools for CMC Stock Analysis
When running CMC Metals' price analysis, check to measure CMC Metals' 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 CMC Metals is operating at the current time. Most of CMC Metals' value examination focuses on studying past and present price action to predict the probability of CMC Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CMC Metals' price. Additionally, you may evaluate how the addition of CMC Metals to your portfolios can decrease your overall portfolio volatility.