Fireweed Zinc Stock Price on December 23, 2024
| FWZ Stock | CAD 1.47 0.07 5.00% |
If you're considering investing in Fireweed Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fireweed Zinc stands at 1.47, as last reported on the 3rd of January, with the highest price reaching 1.50 and the lowest price hitting 1.41 during the day. At this stage we consider Fireweed Stock to be very risky. Fireweed Zinc secures Sharpe Ratio (or Efficiency) of 0.0073, which denotes the company had a 0.0073% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Fireweed Zinc, which you can use to evaluate the volatility of the firm. Please confirm Fireweed Zinc's Standard Deviation of 2.43, variance of 5.89, and Mean Deviation of 1.81 to check if the risk estimate we provide is consistent with the expected return of 0.0177%.
Fireweed Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Fireweed |
Sharpe Ratio = 0.0073
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Estimated Market Risk
| 2.43 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fireweed Zinc is not performing at its full potential. However, 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 Fireweed Zinc by adding Fireweed Zinc to a well-diversified portfolio.
Fireweed Zinc Valuation on December 23, 2024
It is possible to determine the worth of Fireweed Zinc on a given historical date. On December 23, 2024 Fireweed was worth 1.42 at the beginning of the trading date compared to the closed value of 1.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fireweed Zinc stock. Still, in general, we apply an absolute valuation method to find Fireweed Zinc'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 Fireweed Zinc where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fireweed Zinc's related companies.
| Open | High | Low | Close | Volume | |
| 1.40 | 1.45 | 1.39 | 1.42 | 112,505 | |
12/23/2024 | 1.42 | 1.44 | 1.38 | 1.41 | 255,200 |
| 1.41 | 1.42 | 1.40 | 1.41 | 41,000 |
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Fireweed Zinc Trading Date Momentum on December 23, 2024
| On December 24 2024 Fireweed Zinc was traded for 1.41 at the closing time. The highest daily price throughout the period was 1.42 and the lowest price was 1.40 . The daily volume was 41 K. The net trading volume on 12/24/2024 did not affect price variability. The overall trading delta to current closing price is 1.42% . |
Fireweed Zinc Fundamentals Correlations and Trends
By evaluating Fireweed Zinc'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 Fireweed Zinc's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fireweed financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fireweed Zinc Stock history
Fireweed Zinc 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 Fireweed is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fireweed Zinc 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 Fireweed Zinc stock prices may prove useful in developing a viable investing in Fireweed Zinc
Fireweed Zinc Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. Fireweed Zinc Ltd. was incorporated in 2015 and is headquartered in Vancouver, Canada. FIREWEED ZINC operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
Fireweed Zinc Stock Technical Analysis
Fireweed Zinc 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
Fireweed Zinc Period Price Range
Low | January 3, 2025
| High |
0.00 | 0.00 |
Fireweed Zinc 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.
Fireweed Zinc January 3, 2025 Market Strength
Market strength indicators help investors to evaluate how Fireweed Zinc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fireweed Zinc shares will generate the highest return on investment. By undertsting and applying Fireweed Zinc stock market strength indicators, traders can identify Fireweed Zinc entry and exit signals to maximize returns
Fireweed Zinc Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fireweed Zinc's price direction in advance. Along with the technical and fundamental analysis of Fireweed Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fireweed 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 | 0.0016 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | 0.0352 |
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Additional Tools for Fireweed Stock Analysis
When running Fireweed Zinc's price analysis, check to measure Fireweed Zinc'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 Fireweed Zinc is operating at the current time. Most of Fireweed Zinc's value examination focuses on studying past and present price action to predict the probability of Fireweed Zinc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fireweed Zinc's price. Additionally, you may evaluate how the addition of Fireweed Zinc to your portfolios can decrease your overall portfolio volatility.