Metalero Mining Corp Stock Price on November 20, 2024

MLO Stock   0.14  0.01  6.67%   
Below is the normalized historical share price chart for Metalero Mining Corp extending back to September 10, 2020. 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 Metalero Mining stands at 0.14, as last reported on the 30th of November, with the highest price reaching 0.14 and the lowest price hitting 0.14 during the day.
200 Day MA
0.1378
50 Day MA
0.1378
Beta
2.626
 
Covid
If you're considering investing in Metalero Stock, it is important to understand the factors that can impact its price. Metalero Mining Corp has Sharpe Ratio of -0.0206, which conveys that the firm had a -0.0206% return per unit of risk over the last 3 months. Metalero Mining exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Metalero Mining's Standard Deviation of 3.0, mean deviation of 0.9649, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide.
  
Issuance Of Capital Stock is likely to climb to about 518 K in 2024, despite the fact that Total Stockholder Equity is likely to grow to (673.4 K). . Metalero Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0206

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Estimated Market Risk

 3.07
  actual daily
27
73% of assets are more volatile

Expected Return

 -0.06
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Metalero Mining 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 Metalero Mining by adding Metalero Mining to a well-diversified portfolio.
Book Value
(0.13)
Enterprise Value
1.1 M
Enterprise Value Ebitda
(0.26)
Shares Float
6.1 M
Shares Outstanding
6.3 M

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Metalero Mining Valuation on November 20, 2024

It is possible to determine the worth of Metalero Mining on a given historical date. On November 20, 2024 Metalero was worth 0.15 at the beginning of the trading date compared to the closed value of 0.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Metalero Mining stock. Still, in general, we apply an absolute valuation method to find Metalero Mining'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 Metalero Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Metalero Mining's related companies.
 Open High Low Close Volume
  0.15    0.15    0.15    0.15    1.00  
11/20/2024
  0.15    0.15    0.15    0.15    1.00  
  0.14    0.14    0.14    0.14    15,000  
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Open Value
0.15
0.15
Closing Value
9.35
Upside

Metalero Mining Trading Date Momentum on November 20, 2024

On November 21 2024 Metalero Mining Corp was traded for  0.14  at the closing time. The highest daily price throughout the period was 0.14  and the lowest price was  0.14 . The daily volume was 15 K. The net trading volume on 11/21/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 6.67% . The trading delta at closing time to current closing price is 6.67% .

Metalero Mining Corp Fundamentals Correlations and Trends

By evaluating Metalero Mining'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 Metalero Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Metalero financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Metalero Mining Stock history

Metalero Mining 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 Metalero is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Metalero Mining 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 Metalero Mining stock prices may prove useful in developing a viable investing in Metalero Mining
Last ReportedProjected for Next Year
Common Stock Shares Outstanding7.3 M3.7 M

Metalero Mining Stock Technical Analysis

Metalero Mining 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.
A focus of Metalero Mining technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Metalero Mining trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Metalero Mining Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Metalero Mining Corp 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.

Metalero Mining November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Metalero Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Metalero Mining shares will generate the highest return on investment. By undertsting and applying Metalero Mining stock market strength indicators, traders can identify Metalero Mining Corp entry and exit signals to maximize returns

Metalero Mining Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Metalero Mining's price direction in advance. Along with the technical and fundamental analysis of Metalero Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Metalero 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.

Additional Tools for Metalero Stock Analysis

When running Metalero Mining's price analysis, check to measure Metalero Mining'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 Metalero Mining is operating at the current time. Most of Metalero Mining's value examination focuses on studying past and present price action to predict the probability of Metalero Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metalero Mining's price. Additionally, you may evaluate how the addition of Metalero Mining to your portfolios can decrease your overall portfolio volatility.