Ivanhoe Mines Stock Price on April 30, 2024
| IVN Stock | CAD 17.42 0.19 1.10% |
If you're considering investing in Ivanhoe Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ivanhoe Mines stands at 17.42, as last reported on the 3rd of January, with the highest price reaching 17.60 and the lowest price hitting 17.11 during the day. Ivanhoe Mines holds Efficiency (Sharpe) Ratio of -0.0731, which attests that the entity had a -0.0731% return per unit of risk over the last 3 months. Ivanhoe Mines exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Ivanhoe Mines' Risk Adjusted Performance of (0.05), standard deviation of 2.57, and Market Risk Adjusted Performance of (0.33) to validate the risk estimate we provide.
Ivanhoe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ivanhoe |
Sharpe Ratio = -0.0731
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Estimated Market Risk
| 2.57 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ivanhoe Mines 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 Ivanhoe Mines by adding Ivanhoe Mines to a well-diversified portfolio.
Ivanhoe Mines Valuation on April 30, 2024
It is possible to determine the worth of Ivanhoe Mines on a given historical date. On April 30, 2024 Ivanhoe was worth 19.25 at the beginning of the trading date compared to the closed value of 18.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ivanhoe Mines stock. Still, in general, we apply an absolute valuation method to find Ivanhoe Mines' 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 Ivanhoe Mines where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ivanhoe Mines' related companies.
| Open | High | Low | Close | Volume | |
| 20.50 | 20.66 | 20.21 | 20.62 | 4,992,200 | |
04/30/2024 | 19.25 | 19.55 | 18.33 | 18.66 | 12,336,300 |
| 18.71 | 19.05 | 18.31 | 18.60 | 3,310,600 |
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Ivanhoe Mines Trading Date Momentum on April 30, 2024
| On May 01 2024 Ivanhoe Mines was traded for 18.60 at the closing time. The maximum traded price for the trading interval was 19.05 and the lowest daily price was 18.31 . The daily volume was recorded at 3.3 M. The volume of trading on 1st of May 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.32% . The trading delta at closing time to the closing price today is 6.81% . |
Ivanhoe Mines Fundamentals Correlations and Trends
By evaluating Ivanhoe Mines' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ivanhoe Mines' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ivanhoe financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ivanhoe Mines Stock history
Ivanhoe Mines 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 Ivanhoe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ivanhoe Mines 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 Ivanhoe Mines stock prices may prove useful in developing a viable investing in Ivanhoe Mines
Ivanhoe Mines Ltd. engages in the exploration, development, and recovery of minerals and precious metals located primarily in Africa. Ivanhoe Mines Ltd. was incorporated in 1993 and is headquartered in Vancouver, Canada. IVANHOE MINES operates under Other Industrial Metals Mining classification in Canada and is traded on Toronto Stock Exchange.
Ivanhoe Mines Stock Technical Analysis
Ivanhoe Mines 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
Ivanhoe Mines Period Price Range
Low | January 3, 2025
| High |
0.00 | 0.00 |
Ivanhoe Mines cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Ivanhoe Mines January 3, 2025 Market Strength
Market strength indicators help investors to evaluate how Ivanhoe Mines stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ivanhoe Mines shares will generate the highest return on investment. By undertsting and applying Ivanhoe Mines stock market strength indicators, traders can identify Ivanhoe Mines entry and exit signals to maximize returns
Ivanhoe Mines Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ivanhoe Mines' price direction in advance. Along with the technical and fundamental analysis of Ivanhoe Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ivanhoe 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 | (0.05) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.34) |
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Other Information on Investing in Ivanhoe Stock
Ivanhoe Mines financial ratios help investors to determine whether Ivanhoe Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ivanhoe with respect to the benefits of owning Ivanhoe Mines security.