Snowline Gold Corp Stock Price on August 29, 2024
SNWGF Stock | USD 3.72 0.17 4.79% |
If you're considering investing in Snowline OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Snowline Gold stands at 3.72, as last reported on the 11th of December 2024, with the highest price reaching 3.73 and the lowest price hitting 3.64 during the day. Snowline Gold Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0239, which indicates the firm had a -0.0239% return per unit of risk over the last 3 months. Snowline Gold Corp exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Snowline Gold's Semi Deviation of 2.02, risk adjusted performance of 0.0291, and Coefficient Of Variation of 3279.69 to confirm the risk estimate we provide.
Snowline OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Snowline |
Sharpe Ratio = -0.0239
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Estimated Market Risk
2.43 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Snowline Gold 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 Snowline Gold by adding Snowline Gold to a well-diversified portfolio.
Snowline Gold Valuation on August 29, 2024
It is possible to determine the worth of Snowline Gold on a given historical date. On August 29, 2024 Snowline was worth 3.96 at the beginning of the trading date compared to the closed value of 3.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Snowline Gold otc stock. Still, in general, we apply an absolute valuation method to find Snowline Gold'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 Snowline Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Snowline Gold's related companies.
Open | High | Low | Close | Volume | |
4.00 | 4.00 | 3.80 | 3.91 | 104,700 | |
08/29/2024 | 3.96 | 4.01 | 3.85 | 3.85 | 39,200 |
3.94 | 3.94 | 3.71 | 3.74 | 92,100 |
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Snowline Gold Trading Date Momentum on August 29, 2024
On August 30 2024 Snowline Gold Corp was traded for 3.74 at the closing time. The highest daily price throughout the period was 3.94 and the lowest price was 3.71 . The daily volume was 92.1 K. The net trading volume on 08/30/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 2.86% . The trading price change to current closing price is 7.27% . |
Snowline Gold Corp Fundamentals Correlations and Trends
By evaluating Snowline Gold'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 Snowline Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Snowline financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Snowline Gold OTC Stock history
Snowline Gold 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 Snowline is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Snowline Gold 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 Snowline Gold stock prices may prove useful in developing a viable investing in Snowline Gold
Snowline Gold Corp. engages in the exploration of gold properties in Canada. Snowline Gold Corp. was incorporated in 2017 and is based in Vancouver, Canada. SNOWLINE GOLD is traded on OTC Exchange in the United States.
Snowline Gold OTC Stock Technical Analysis
Snowline Gold 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
Snowline Gold Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Snowline Gold 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.
Snowline Gold December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Snowline Gold 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 Snowline Gold shares will generate the highest return on investment. By undertsting and applying Snowline Gold otc stock market strength indicators, traders can identify Snowline Gold Corp entry and exit signals to maximize returns
Snowline Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Snowline Gold's price direction in advance. Along with the technical and fundamental analysis of Snowline OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Snowline 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 | 0.0291 | |||
Jensen Alpha | 0.0306 | |||
Total Risk Alpha | (0.33) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 0.2158 |
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Complementary Tools for Snowline OTC Stock analysis
When running Snowline Gold's price analysis, check to measure Snowline Gold'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 Snowline Gold is operating at the current time. Most of Snowline Gold's value examination focuses on studying past and present price action to predict the probability of Snowline Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snowline Gold's price. Additionally, you may evaluate how the addition of Snowline Gold to your portfolios can decrease your overall portfolio volatility.
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