Omineca Mining And Stock Price on November 27, 2024
OMMSF Stock | USD 0.03 0 5.62% |
If you're considering investing in Omineca Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Omineca Mining stands at 0.03, as last reported on the 2nd of December, with the highest price reaching 0.03 and the lowest price hitting 0.03 during the day. Omineca Mining maintains Sharpe Ratio (i.e., Efficiency) of -0.0283, which implies the firm had a -0.0283% return per unit of risk over the last 3 months. Omineca Mining exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Omineca Mining's Risk Adjusted Performance of (0.01), coefficient of variation of (4,949), and Variance of 102.23 to confirm the risk estimate we provide.
Omineca Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Omineca |
Sharpe Ratio = -0.0283
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Estimated Market Risk
10.04 actual daily | 89 89% of assets are less volatile |
Expected Return
-0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Omineca 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 Omineca Mining by adding Omineca Mining to a well-diversified portfolio.
Omineca Mining Valuation on November 27, 2024
It is possible to determine the worth of Omineca Mining on a given historical date. On November 27, 2024 Omineca was worth 0.036 at the beginning of the trading date compared to the closed value of 0.0356. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Omineca Mining pink sheet. Still, in general, we apply an absolute valuation method to find Omineca 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 Omineca Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Omineca Mining's related companies.
Open | High | Low | Close | Volume | |
0.04 | 0.04 | 0.04 | 0.04 | 10,800 | |
11/27/2024 | 0.04 | 0.04 | 0.04 | 0.04 | 65,000 |
0.03 | 0.03 | 0.03 | 0.03 | 72,000 |
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Omineca Mining Trading Date Momentum on November 27, 2024
On November 29 2024 Omineca Mining and was traded for 0.03 at the closing time. The highest daily price throughout the period was 0.03 and the lowest price was 0.03 . The daily volume was 72 K. The net trading volume on 11/29/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 5.62% . The trading delta at closing time to current closing price is 12.64% . |
Omineca Mining Fundamentals Correlations and Trends
By evaluating Omineca 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 Omineca Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Omineca financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Omineca Mining Pink Sheet history
Omineca 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 Omineca is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Omineca Mining 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 Omineca Mining stock prices may prove useful in developing a viable investing in Omineca Mining
Omineca Mining and Metals Ltd., a junior resource company, explores for and develops mineral resources in Canada. The company was incorporated in 2011 and is based in Saskatoon, Canada. Omineca Mng operates under Gold classification in the United States and is traded on OTC Exchange.
Omineca Mining Pink Sheet Technical Analysis
Omineca Mining technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Omineca Mining Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Omineca Mining and cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Omineca Mining December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Omineca Mining pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Omineca Mining shares will generate the highest return on investment. By undertsting and applying Omineca Mining pink sheet market strength indicators, traders can identify Omineca Mining and entry and exit signals to maximize returns
Omineca Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Omineca Mining's price direction in advance. Along with the technical and fundamental analysis of Omineca Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Omineca 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 | (0.01) | |||
Jensen Alpha | 0.0012 | |||
Total Risk Alpha | (1.90) | |||
Treynor Ratio | 0.1269 |
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Complementary Tools for Omineca Pink Sheet analysis
When running Omineca Mining's price analysis, check to measure Omineca 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 Omineca Mining is operating at the current time. Most of Omineca Mining's value examination focuses on studying past and present price action to predict the probability of Omineca 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 Omineca Mining's price. Additionally, you may evaluate how the addition of Omineca Mining to your portfolios can decrease your overall portfolio volatility.
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