Marimaca Copper Corp Stock Price on February 27, 2024
| MARI Stock | CAD 4.77 0.18 3.64% |
If you're considering investing in Marimaca Stock, it is important to understand the factors that can impact its price. As of today, the current price of Marimaca Copper stands at 4.77, as last reported on the 23rd of December, with the highest price reaching 4.94 and the lowest price hitting 4.70 during the day. Marimaca Copper appears to be slightly risky, given 3 months investment horizon. Marimaca Copper Corp has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Marimaca Copper, which you can use to evaluate the volatility of the firm. Please exercise Marimaca Copper's Downside Deviation of 2.98, risk adjusted performance of 0.1039, and Mean Deviation of 2.35 to check out if our risk estimates are consistent with your expectations.
Marimaca Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Marimaca |
Sharpe Ratio = 0.1217
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Estimated Market Risk
| 3.13 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Marimaca Copper is performing at about 9% 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 Marimaca Copper by adding it to a well-diversified portfolio.
Marimaca Copper Valuation on February 27, 2024
It is possible to determine the worth of Marimaca Copper on a given historical date. On February 27, 2024 Marimaca was worth 3.57 at the beginning of the trading date compared to the closed value of 3.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Marimaca Copper stock. Still, in general, we apply an absolute valuation method to find Marimaca Copper'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 Marimaca Copper where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Marimaca Copper's related companies.
| Open | High | Low | Close | Volume | |
| 3.53 | 3.56 | 3.50 | 3.54 | 6,700 | |
02/27/2024 | 3.57 | 3.66 | 3.50 | 3.63 | 39,000 |
| 3.70 | 3.70 | 3.58 | 3.70 | 1,400 |
| Backtest Marimaca Copper | | | Marimaca Copper History | | | Marimaca Copper Valuation | Previous | Next |
Marimaca Copper Trading Date Momentum on February 27, 2024
| On February 28 2024 Marimaca Copper Corp was traded for 3.70 at the closing time. The highest price during the trading period was 3.70 and the lowest recorded bid was listed for 3.58 . The volume for the day was 1.4 K. This history from February 28, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 1.93% . The trading delta at closing time to the current price is 0.83% . |
Marimaca Copper Corp Fundamentals Correlations and Trends
By evaluating Marimaca Copper'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 Marimaca Copper's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Marimaca financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Marimaca Copper Stock history
Marimaca Copper 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 Marimaca is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Marimaca Copper 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 Marimaca Copper stock prices may prove useful in developing a viable investing in Marimaca Copper
Marimaca Copper Corp. engages in the acquisition, exploration, and development of mineral properties and projects in the United States and Chile. Marimaca Copper Corp. was incorporated in 2004 and is headquartered in Toronto, Canada. MARIMACA COPPER operates under Copper classification in Canada and is traded on Toronto Stock Exchange. It employs 23 people.
Marimaca Copper Stock Technical Analysis
Marimaca Copper 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
Marimaca Copper Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Marimaca Copper Corp 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.
Marimaca Copper December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Marimaca Copper stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Marimaca Copper shares will generate the highest return on investment. By undertsting and applying Marimaca Copper stock market strength indicators, traders can identify Marimaca Copper Corp entry and exit signals to maximize returns
Marimaca Copper Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Marimaca Copper's price direction in advance. Along with the technical and fundamental analysis of Marimaca Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Marimaca 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 | 0.1039 | |||
| Jensen Alpha | 0.3657 | |||
| Total Risk Alpha | 0.2799 | |||
| Sortino Ratio | 0.1168 | |||
| Treynor Ratio | 1.48 |
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Other Information on Investing in Marimaca Stock
Marimaca Copper financial ratios help investors to determine whether Marimaca 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 Marimaca with respect to the benefits of owning Marimaca Copper security.