O3 Mining Stock Price on September 30, 2024
| OIII Stock | CAD 1.67 0.00 0.00% |
If you're considering investing in OIII Stock, it is important to understand the factors that can impact its price. As of today, the current price of O3 Mining Inc stands at 1.67, as last reported on the 1st of March, with the highest price reaching 1.67 and the lowest price hitting 1.67 during the day. O3 Mining Inc appears to be abnormally volatile, given 3 months investment horizon. O3 Mining Inc retains Efficiency (Sharpe Ratio) of 0.13, which implies the company had a 0.13 % return per unit of price deviation over the last 3 months. By reviewing O3 Mining Inc's technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please evaluate O3 Mining Inc's market risk adjusted performance of (1.04), and Variance of 51.21 to confirm if our risk estimates are consistent with your expectations.
OIII Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
OIII |
Sharpe Ratio = 0.1306
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Estimated Market Risk
| 7.16 actual daily | 63 63% of assets are less volatile |
Expected Return
| 0.93 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average O3 Mining Inc is performing at about 10% 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 O3 Mining Inc by adding it to a well-diversified portfolio.
O3 Mining Inc Valuation on September 30, 2024
It is possible to determine the worth of O3 Mining Inc on a given historical date. On September 30, 2024 OIII was worth 1.09 at the beginning of the trading date compared to the closed value of 1.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of O3 Mining Inc stock. Still, in general, we apply an absolute valuation method to find O3 Mining Inc'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 O3 Mining Inc where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against O3 Mining Inc's related companies.
| Open | High | Low | Close | Volume | |
| 1.09 | 1.09 | 1.06 | 1.06 | 28,500 | |
09/30/2024 | 1.09 | 1.09 | 1.05 | 1.07 | 15,400 |
| 1.08 | 1.09 | 1.04 | 1.04 | 76,000 |
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O3 Mining Inc Trading Date Momentum on September 30, 2024
| On October 01 2024 O3 Mining was traded for 1.04 at the closing time. The maximum traded price for the trading interval was 1.09 and the lowest daily price was 1.04 . The daily volume was recorded at 76 K. The volume of trading on 1st of October 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 2.80% . The trading delta at closing time to the closing price today is 4.67% . |
O3 Mining Inc Fundamentals Correlations and Trends
By evaluating O3 Mining Inc'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 O3 Mining Inc's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. OIII financial account trend analysis is a perfect complement when working with valuation or volatility modules.About O3 Mining Inc Stock history
O3 Mining Inc 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 OIII is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in O3 Mining Inc 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 O3 Mining Inc stock prices may prove useful in developing a viable investing in O3 Mining Inc
O3 Mining Inc. engages in the acquisition, exploration, and development of mining properties in Canada. The company holds interests in the Marban project, Garrison project, and various exploration properties in Ontario and Qubec. O3 MINING is traded on TSX Venture Exchange in Canada.
O3 Mining Inc Stock Technical Analysis
O3 Mining Inc 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
O3 Mining Inc Period Price Range
Low | March 1, 2025
| High |
0.00 | 0.00 |
O3 Mining 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.
O3 Mining Inc March 1, 2025 Market Strength
Market strength indicators help investors to evaluate how O3 Mining Inc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading O3 Mining Inc shares will generate the highest return on investment. By undertsting and applying O3 Mining Inc stock market strength indicators, traders can identify O3 Mining entry and exit signals to maximize returns
O3 Mining Inc Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for O3 Mining Inc's price direction in advance. Along with the technical and fundamental analysis of OIII Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OIII 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 | 0.1051 | |||
| Jensen Alpha | 0.9042 | |||
| Total Risk Alpha | 1.15 | |||
| Sortino Ratio | 0.6798 | |||
| Treynor Ratio | (1.05) |
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Additional Tools for OIII Stock Analysis
When running O3 Mining Inc's price analysis, check to measure O3 Mining Inc'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 O3 Mining Inc is operating at the current time. Most of O3 Mining Inc's value examination focuses on studying past and present price action to predict the probability of O3 Mining Inc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move O3 Mining Inc's price. Additionally, you may evaluate how the addition of O3 Mining Inc to your portfolios can decrease your overall portfolio volatility.