Themac Resources Group Stock Price on April 10, 2024
| MAC Stock | CAD 0.04 0.00 0.00% |
Below is the normalized historical share price chart for Themac Resources Group extending back to March 07, 2007. 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 Themac Resources stands at 0.04, as last reported on the 26th of December, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day.
If you're considering investing in Themac Stock, it is important to understand the factors that can impact its price. Themac Resources appears to be out of control, given 3 months investment horizon. Themac Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0774, which indicates the firm had a 0.0774% return per unit of risk over the last 3 months. By inspecting Themac Resources' technical indicators, you can evaluate if the expected return of 0.99% is justified by implied risk. Please review Themac Resources' Coefficient Of Variation of 1322.29, variance of 156.79, and Risk Adjusted Performance of 0.0698 to confirm if our risk estimates are consistent with your expectations.
Total Stockholder Equity is likely to climb to about (84.4 M) in 2024. Other Stockholder Equity is likely to drop to about 28.4 M in 2024. Themac Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0361 | 50 Day MA 0.0314 | Beta 2.099 |
Themac |
Sharpe Ratio = 0.0774
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 12.82 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.99 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Themac Resources is performing at about 6% 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 Themac Resources by adding it to a well-diversified portfolio.
Price Book 4.3896 | Book Value (1.12) | Enterprise Value 180.9 M | Enterprise Value Ebitda (183.21) | Shares Float 16.7 M |
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Themac Resources Valuation on April 10, 2024
It is possible to determine the worth of Themac Resources on a given historical date. On April 10, 2024 Themac was worth 0.035 at the beginning of the trading date compared to the closed value of 0.035. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Themac Resources stock. Still, in general, we apply an absolute valuation method to find Themac 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 Themac Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Themac Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.05 | 0.05 | 0.05 | 0.05 | 1.00 | |
04/10/2024 | 0.04 | 0.04 | 0.04 | 0.04 | 8,000 |
| 0.04 | 0.04 | 0.04 | 0.04 | 1,000.00 |
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Themac Resources Trading Date Momentum on April 10, 2024
| On April 11 2024 Themac Resources Group was traded for 0.04 at the closing time. The highest daily price throughout the period was 0.04 and the lowest price was 0.04 . The daily volume was 1000. The net trading volume on 04/11/2024 added to the next day price increase. The trading delta at closing time to closing price of the next trading day was 28.57% . The trading price change to current closing price is 0.00% . |
Themac Resources Fundamentals Correlations and Trends
By evaluating Themac 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 Themac Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Themac financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Themac Resources Stock history
Themac 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 Themac is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Themac 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 Themac Resources stock prices may prove useful in developing a viable investing in Themac Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 71.5 M | 63.5 M | |
| Net Loss | -10.9 M | -11.4 M |
Themac Resources Stock Technical Analysis
Themac Resources 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
Themac Resources Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Themac Resources Group 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.
Themac Resources December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Themac Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Themac Resources shares will generate the highest return on investment. By undertsting and applying Themac Resources stock market strength indicators, traders can identify Themac Resources Group entry and exit signals to maximize returns
Themac Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Themac Resources' price direction in advance. Along with the technical and fundamental analysis of Themac Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Themac 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 | 0.0698 | |||
| Jensen Alpha | 0.9156 | |||
| Total Risk Alpha | 0.393 | |||
| Treynor Ratio | 1.52 |
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Additional Tools for Themac Stock Analysis
When running Themac Resources' price analysis, check to measure Themac 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 Themac Resources is operating at the current time. Most of Themac Resources' value examination focuses on studying past and present price action to predict the probability of Themac Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Themac Resources' price. Additionally, you may evaluate how the addition of Themac Resources to your portfolios can decrease your overall portfolio volatility.