Mandalay Resources Corp Stock Price on December 13, 2024
| MNDJF Stock | USD 3.13 0.02 0.64% |
If you're considering investing in Mandalay OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mandalay Resources stands at 3.13, as last reported on the 14th of December 2024, with the highest price reaching 3.14 and the lowest price hitting 3.09 during the day. Mandalay Resources appears to be unstable, given 3 months investment horizon. Mandalay Resources Corp has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Mandalay Resources, which you can use to evaluate the volatility of the firm. Please exercise Mandalay Resources' Downside Deviation of 2.99, mean deviation of 2.28, and Risk Adjusted Performance of 0.1261 to check out if our risk estimates are consistent with your expectations.
Mandalay OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mandalay |
Sharpe Ratio = 0.1515
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Estimated Market Risk
| 2.89 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Mandalay Resources is performing at about 11% 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 Mandalay Resources by adding it to a well-diversified portfolio.
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Mandalay Resources Valuation on December 13, 2024
It is possible to determine the worth of Mandalay Resources on a given historical date. On December 13, 2024 Mandalay was worth 3.09 at the beginning of the trading date compared to the closed value of 3.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mandalay Resources otc stock. Still, in general, we apply an absolute valuation method to find Mandalay 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 Mandalay Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mandalay Resources' related companies.
| Open | High | Low | Close | Volume | |
| 3.06 | 3.12 | 3.06 | 3.11 | 68,700 | |
12/13/2024 | 3.09 | 3.14 | 3.09 | 3.13 | 28,950 |
| 3.09 | 3.14 | 3.09 | 3.13 | 0.00 |
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Mandalay Resources Trading Date Momentum on December 13, 2024
| On December 14 2024 Mandalay Resources Corp was traded for 3.13 at the closing time. The highest daily price throughout the period was 3.14 and the lowest price was 3.09 . There was no trading activity during the period 0.0. Lack of trading volume on 12/14/2024 did not cause price change. The trading delta at closing time to current closing price is 1.28% . |
Mandalay Resources Corp Fundamentals Correlations and Trends
By evaluating Mandalay 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 Mandalay Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mandalay financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mandalay Resources OTC Stock history
Mandalay 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 Mandalay is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mandalay Resources 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 Mandalay Resources stock prices may prove useful in developing a viable investing in Mandalay Resources
Mandalay Resources Corporation, a natural resource company, engages in the acquisition, exploration, extraction, processing, and reclamation of mineral properties. The company was incorporated in 1997 and is headquartered in Toronto, Canada. Mandalay Res is traded on OTC Exchange in the United States.
Mandalay Resources OTC Stock Technical Analysis
Mandalay Resources technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Mandalay Resources Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Mandalay Resources Corp cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
Mandalay Resources December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Mandalay Resources otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mandalay Resources shares will generate the highest return on investment. By undertsting and applying Mandalay Resources otc stock market strength indicators, traders can identify Mandalay Resources Corp entry and exit signals to maximize returns
Mandalay Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mandalay Resources' price direction in advance. Along with the technical and fundamental analysis of Mandalay OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mandalay 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 | 0.1261 | |||
| Jensen Alpha | 0.5222 | |||
| Total Risk Alpha | 0.1062 | |||
| Sortino Ratio | 0.1285 | |||
| Treynor Ratio | (0.91) |
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Complementary Tools for Mandalay OTC Stock analysis
When running Mandalay Resources' price analysis, check to measure Mandalay 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 Mandalay Resources is operating at the current time. Most of Mandalay Resources' value examination focuses on studying past and present price action to predict the probability of Mandalay Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mandalay Resources' price. Additionally, you may evaluate how the addition of Mandalay Resources to your portfolios can decrease your overall portfolio volatility.
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