Nobel29 Resources Corp Stock Price on June 26, 2023
| NBLC Stock | CAD 0.04 0.00 0.00% |
If you're considering investing in Nobel29 Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nobel29 Resources stands at 0.04, as last reported on the 5th of January, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. Nobel29 Resources appears to be out of control, given 3 months investment horizon. Nobel29 Resources Corp has Sharpe Ratio of 0.0261, which conveys that the firm had a 0.0261% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for Nobel29 Resources, which you can use to evaluate the volatility of the firm. Please exercise Nobel29 Resources' Mean Deviation of 5.12, risk adjusted performance of 0.0303, and Downside Deviation of 13.31 to check out if our risk estimates are consistent with your expectations.
Nobel29 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nobel29 |
Sharpe Ratio = 0.0261
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Estimated Market Risk
| 9.53 actual daily | 84 84% of assets are less volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Nobel29 Resources is performing at about 2% 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 Nobel29 Resources by adding it to a well-diversified portfolio.
Nobel29 Resources Valuation on June 26, 2023
It is possible to determine the worth of Nobel29 Resources on a given historical date. On June 26, 2023 Nobel29 was worth 0.03 at the beginning of the trading date compared to the closed value of 0.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nobel29 Resources stock. Still, in general, we apply an absolute valuation method to find Nobel29 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 Nobel29 Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nobel29 Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.03 | 0.04 | 0.03 | 0.03 | 140,000 | |
06/26/2023 | 0.03 | 0.03 | 0.03 | 0.03 | 5,330 |
| 0.04 | 0.04 | 0.04 | 0.04 | 112,000 |
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Nobel29 Resources Trading Date Momentum on June 26, 2023
| On June 27 2023 Nobel29 Resources Corp was traded for 0.04 at the closing time. The maximum traded price for the trading interval was 0.04 and the lowest daily price was 0.04 . The daily volume was recorded at 112 K. The volume of trading on 27th of June 2023 played a part in the next trading day price increase. The trading delta at closing time to the next closing price was 16.67% . The trading delta at closing time to the closing price today is 50.00% . |
Nobel29 Resources Corp Fundamentals Correlations and Trends
By evaluating Nobel29 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 Nobel29 Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nobel29 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nobel29 Resources Stock history
Nobel29 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 Nobel29 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nobel29 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 Nobel29 Resources stock prices may prove useful in developing a viable investing in Nobel29 Resources
Nobel29 Resources Stock Technical Analysis
Nobel29 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
Nobel29 Resources Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
Nobel29 Resources 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.
Nobel29 Resources January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how Nobel29 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 Nobel29 Resources shares will generate the highest return on investment. By undertsting and applying Nobel29 Resources stock market strength indicators, traders can identify Nobel29 Resources Corp entry and exit signals to maximize returns
Nobel29 Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nobel29 Resources' price direction in advance. Along with the technical and fundamental analysis of Nobel29 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nobel29 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 | 0.0303 | |||
| Jensen Alpha | 0.279 | |||
| Total Risk Alpha | 0.0935 | |||
| Sortino Ratio | 0.017 | |||
| Treynor Ratio | (0.07) |
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Additional Tools for Nobel29 Stock Analysis
When running Nobel29 Resources' price analysis, check to measure Nobel29 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 Nobel29 Resources is operating at the current time. Most of Nobel29 Resources' value examination focuses on studying past and present price action to predict the probability of Nobel29 Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nobel29 Resources' price. Additionally, you may evaluate how the addition of Nobel29 Resources to your portfolios can decrease your overall portfolio volatility.