Niobay Metals Stock Price on December 11, 2024
| NBYCF Stock | USD 0.04 0.01 28.62% |
If you're considering investing in Niobay OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Niobay Metals stands at 0.04, as last reported on the 7th of January, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. Niobay Metals is out of control given 3 months investment horizon. Niobay Metals has Sharpe Ratio of 0.0696, which conveys that the firm had a 0.0696% return per unit of risk over the last 3 months. We were able to break down twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.17% are justified by taking the suggested risk. Use Niobay Metals Downside Deviation of 19.99, mean deviation of 9.02, and Risk Adjusted Performance of 0.0512 to evaluate company specific risk that cannot be diversified away.
Niobay OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Niobay |
Sharpe Ratio = 0.0696
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Estimated Market Risk
| 16.78 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.17 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Niobay Metals is performing at about 5% 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 Niobay Metals by adding it to a well-diversified portfolio.
Niobay Metals Valuation on December 11, 2024
It is possible to determine the worth of Niobay Metals on a given historical date. On December 11, 2024 Niobay was worth 0.04 at the beginning of the trading date compared to the closed value of 0.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Niobay Metals otc stock. Still, in general, we apply an absolute valuation method to find Niobay Metals' 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 Niobay Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Niobay Metals' related companies.
| Open | High | Low | Close | Volume | |
| 0.05 | 0.05 | 0.04 | 0.04 | 28,300 | |
12/11/2024 | 0.04 | 0.05 | 0.04 | 0.04 | 3,700 |
| 0.04 | 0.04 | 0.04 | 0.04 | 9,000 |
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Niobay Metals Trading Date Momentum on December 11, 2024
| On December 12 2024 Niobay Metals 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 9 K. The net trading volume on 12/12/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Niobay Metals Fundamentals Correlations and Trends
By evaluating Niobay Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Niobay Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Niobay financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Niobay Metals OTC Stock history
Niobay Metals 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 Niobay is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Niobay Metals 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 Niobay Metals stock prices may prove useful in developing a viable investing in Niobay Metals
Niobay Metals Inc., a mineral resource company, acquires, explores for, evaluates, and develops mining properties in Canada. Niobay Metals Inc. was incorporated in 1954 and is based in Montreal, Canada. Niobay Metals is traded on OTC Exchange in the United States.
Niobay Metals OTC Stock Technical Analysis
Niobay Metals 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
Niobay Metals Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Niobay Metals 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.
Niobay Metals January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Niobay Metals 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 Niobay Metals shares will generate the highest return on investment. By undertsting and applying Niobay Metals otc stock market strength indicators, traders can identify Niobay Metals entry and exit signals to maximize returns
Niobay Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Niobay Metals' price direction in advance. Along with the technical and fundamental analysis of Niobay OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Niobay 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 | 0.0512 | |||
| Jensen Alpha | 0.7766 | |||
| Total Risk Alpha | 0.5599 | |||
| Sortino Ratio | 0.0394 | |||
| Treynor Ratio | 0.4348 |
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Complementary Tools for Niobay OTC Stock analysis
When running Niobay Metals' price analysis, check to measure Niobay Metals' 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 Niobay Metals is operating at the current time. Most of Niobay Metals' value examination focuses on studying past and present price action to predict the probability of Niobay Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Niobay Metals' price. Additionally, you may evaluate how the addition of Niobay Metals to your portfolios can decrease your overall portfolio volatility.
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