Formation Minerals, Stock Price on December 18, 2024
| FOMI Stock | 0.05 0.01 23.29% |
If you're considering investing in Formation OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Formation Minerals, stands at 0.05, as last reported on the 12th of January 2025, with the highest price reaching 0.05 and the lowest price hitting 0.04 during the day. Formation Minerals, secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We have collected data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.71% are justified by taking the suggested risk. Use Formation Minerals, Downside Deviation of 13.44, mean deviation of 10.29, and Coefficient Of Variation of 1003.19 to evaluate company specific risk that cannot be diversified away.
Formation OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Formation |
Sharpe Ratio = 0.1097
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Estimated Market Risk
| 15.57 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.71 actual daily | 34 66% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Formation Minerals, is performing at about 8% 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 Formation Minerals, by adding it to a well-diversified portfolio.
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Formation Minerals, Valuation on December 18, 2024
It is possible to determine the worth of Formation Minerals, on a given historical date. On December 18, 2024 Formation was worth 0.033 at the beginning of the trading date compared to the closed value of 0.0375. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Formation Minerals, otc stock. Still, in general, we apply an absolute valuation method to find Formation Minerals,'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 Formation Minerals, where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Formation Minerals,'s related companies.
| Open | High | Low | Close | Volume | |
| 0.03 | 0.04 | 0.03 | 0.03 | 8,891 | |
12/18/2024 | 0.03 | 0.04 | 0.03 | 0.04 | 681.00 |
| 0.03 | 0.04 | 0.03 | 0.04 | 6,753 |
| Backtest Formation Minerals, | | | Formation Minerals, History | Previous | Next |
Formation Minerals, Trading Date Momentum on December 18, 2024
| On December 19 2024 Formation Minerals, was traded for 0.04 at the closing time. The top price for the day was 0.04 and the lowest listed price was 0.03 . The trading volume for the day was 6.8 K. The trading history from December 19, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.27% . The overall trading delta against the current closing price is 11.73% . |
Price Boundaries
Formation Minerals, Period Price Range
Low | January 12, 2025
| High |
0.00 | 0.00 |
Formation Minerals, 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.
Formation Minerals, January 12, 2025 Market Strength
Market strength indicators help investors to evaluate how Formation Minerals, 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 Formation Minerals, shares will generate the highest return on investment. By undertsting and applying Formation Minerals, otc stock market strength indicators, traders can identify Formation Minerals, entry and exit signals to maximize returns
Formation Minerals, Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Formation Minerals,'s price direction in advance. Along with the technical and fundamental analysis of Formation OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Formation 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 | 0.0914 | |||
| Jensen Alpha | 1.53 | |||
| Total Risk Alpha | 1.73 | |||
| Sortino Ratio | 0.1132 | |||
| Treynor Ratio | 0.6971 |
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Complementary Tools for Formation OTC Stock analysis
When running Formation Minerals,'s price analysis, check to measure Formation Minerals,'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 Formation Minerals, is operating at the current time. Most of Formation Minerals,'s value examination focuses on studying past and present price action to predict the probability of Formation Minerals,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formation Minerals,'s price. Additionally, you may evaluate how the addition of Formation Minerals, to your portfolios can decrease your overall portfolio volatility.
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