Copper Road Resources Stock Price on August 21, 2024
| CRD Stock | CAD 0.02 0.01 33.33% |
Below is the normalized historical share price chart for Copper Road Resources extending back to March 07, 2018. 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 Copper Road stands at 0.02, as last reported on the 6th of January, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day.
If you're considering investing in Copper Stock, it is important to understand the factors that can impact its price. Copper Road is out of control given 3 months investment horizon. Copper Road Resources secures Sharpe Ratio (or Efficiency) of 0.0755, which signifies that the company had a 0.0755% return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.13% are justified by taking the suggested risk. Use Copper Road Risk Adjusted Performance of 0.0564, downside deviation of 24.35, and Mean Deviation of 8.98 to evaluate company specific risk that cannot be diversified away.
Total Stockholder Equity is likely to climb to about (103.3 K) in 2025. Common Stock Shares Outstanding is likely to drop to about 45 M in 2025. Copper Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0309 | 50 Day MA 0.0264 | Beta 2.3 |
Copper |
Sharpe Ratio = 0.0755
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Estimated Market Risk
| 28.24 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.13 actual daily | 42 58% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average Copper Road is performing at about 5% 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 Copper Road by adding it to a well-diversified portfolio.
Price Book 0.6635 | Book Value (0) | Enterprise Value -604 K | Enterprise Value Ebitda (1.83) | Shares Float 54.2 M |
Copper Road Main Headline on 21st of August 2024
Copper Road Secures 100K for Mining Exploration - TipRanks by news.google.com
Copper Road Secures 100K for Mining Exploration TipRanks
Copper Road Valuation on August 21, 2024
It is possible to determine the worth of Copper Road on a given historical date. On August 21, 2024 Copper was worth 0.02 at the beginning of the trading date compared to the closed value of 0.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Copper Road stock. Still, in general, we apply an absolute valuation method to find Copper Road'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 Copper Road where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Copper Road's related companies.
| Open | High | Low | Close | Volume | |
| 0.02 | 0.02 | 0.02 | 0.02 | 1.00 | |
08/21/2024 | 0.02 | 0.02 | 0.02 | 0.02 | 25,000 |
| 0.02 | 0.02 | 0.02 | 0.02 | 140,000 |
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Copper Road Trading Date Momentum on August 21, 2024
| On August 22 2024 Copper Road Resources was traded for 0.02 at the closing time. The highest daily price throughout the period was 0.02 and the lowest price was 0.02 . The daily volume was 140 K. The net trading volume on 08/22/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Copper Road Resources Fundamentals Correlations and Trends
By evaluating Copper Road'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 Copper Road's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Copper financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Copper Road Stock history
Copper Road 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 Copper is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Copper Road Resources 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 Copper Road stock prices may prove useful in developing a viable investing in Copper Road
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 63.5 M | 45 M |
Copper Road Stock Technical Analysis
Copper Road 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
Copper Road Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
Copper Road Resources 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.
Copper Road January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Copper Road stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Copper Road shares will generate the highest return on investment. By undertsting and applying Copper Road stock market strength indicators, traders can identify Copper Road Resources entry and exit signals to maximize returns
Copper Road Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Copper Road's price direction in advance. Along with the technical and fundamental analysis of Copper Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Copper 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 | 0.0564 | |||
| Jensen Alpha | 1.56 | |||
| Total Risk Alpha | 1.14 | |||
| Sortino Ratio | 0.0631 | |||
| Treynor Ratio | (1.29) |
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Additional Tools for Copper Stock Analysis
When running Copper Road's price analysis, check to measure Copper Road'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 Copper Road is operating at the current time. Most of Copper Road's value examination focuses on studying past and present price action to predict the probability of Copper Road's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Copper Road's price. Additionally, you may evaluate how the addition of Copper Road to your portfolios can decrease your overall portfolio volatility.