Emerita Resources Corp Stock Price on November 8, 2024
| EMOTF Stock | USD 0.47 0.04 9.30% |
If you're considering investing in Emerita OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Emerita Resources stands at 0.47, as last reported on the 2nd of December, with the highest price reaching 0.47 and the lowest price hitting 0.47 during the day. At this point, Emerita Resources is out of control. Emerita Resources Corp secures Sharpe Ratio (or Efficiency) of 0.0267, which denotes the company had a 0.0267% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Emerita Resources Corp, which you can use to evaluate the volatility of the firm. Please confirm Emerita Resources' Mean Deviation of 2.52, downside deviation of 3.78, and Coefficient Of Variation of 2789.71 to check if the risk estimate we provide is consistent with the expected return of 0.094%.
Emerita OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Emerita |
Sharpe Ratio = 0.0267
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Estimated Market Risk
| 3.52 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Emerita Resources 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 Emerita Resources by adding it to a well-diversified portfolio.
Emerita Resources Valuation on November 8, 2024
It is possible to determine the worth of Emerita Resources on a given historical date. On November 8, 2024 Emerita was worth 0.44 at the beginning of the trading date compared to the closed value of 0.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Emerita Resources otc stock. Still, in general, we apply an absolute valuation method to find Emerita Resources' 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 Emerita Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Emerita Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.41 | 0.44 | 0.41 | 0.44 | 26,850 | |
11/08/2024 | 0.44 | 0.45 | 0.44 | 0.45 | 6,200 |
| 0.40 | 0.46 | 0.40 | 0.45 | 298,009 |
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Emerita Resources Trading Date Momentum on November 8, 2024
| On November 11 2024 Emerita Resources Corp was traded for 0.45 at the closing time. The highest daily price throughout the period was 0.46 and the lowest price was 0.40 . The daily volume was 298 K. The net trading volume on 11/11/2024 did not affect price variability. The overall trading delta to current closing price is 4.44% . |
Emerita Resources Corp Fundamentals Correlations and Trends
By evaluating Emerita Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Emerita Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Emerita financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Emerita Resources OTC Stock history
Emerita Resources 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 Emerita is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Emerita Resources Corp 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 Emerita Resources stock prices may prove useful in developing a viable investing in Emerita Resources
Emerita Resources Corp., a natural resource company, engages in the acquisition, exploration, and development of mineral properties primarily in Spain. The company has interests in three exploration properties comprising Iberia Belt West project, which is located in Huelva Province in southwestern Spain Plaza Norte project that is located in the Reocin Mining Camp in Cantabria, northern Spain and Sierra Alta project, which is located in the Asturias region in northwestern Spain. EMERITA RESOURCES is traded on OTC Exchange in the United States.
Emerita Resources OTC Stock Technical Analysis
Emerita Resources 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
Emerita Resources Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Emerita Resources Corp cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
Emerita Resources December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Emerita Resources 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 Emerita Resources shares will generate the highest return on investment. By undertsting and applying Emerita Resources otc stock market strength indicators, traders can identify Emerita Resources Corp entry and exit signals to maximize returns
Emerita Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Emerita Resources' price direction in advance. Along with the technical and fundamental analysis of Emerita OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Emerita 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 | 0.0353 | |||
| Jensen Alpha | 0.0464 | |||
| Total Risk Alpha | (0.48) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.2104 |
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Complementary Tools for Emerita OTC Stock analysis
When running Emerita Resources' price analysis, check to measure Emerita Resources' 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 Emerita Resources is operating at the current time. Most of Emerita Resources' value examination focuses on studying past and present price action to predict the probability of Emerita Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emerita Resources' price. Additionally, you may evaluate how the addition of Emerita Resources to your portfolios can decrease your overall portfolio volatility.
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