Spanish Mountain Gold Stock Price on October 22, 2024
| SPAZF Stock | USD 0.09 0 5.01% |
If you're considering investing in Spanish OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Spanish Mountain stands at 0.09, as last reported on the 26th of March, with the highest price reaching 0.09 and the lowest price hitting 0.09 during the day. Spanish Mountain appears to be out of control, given 3 months investment horizon. Spanish Mountain Gold owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0992, which indicates the firm had a 0.0992 % return per unit of risk over the last 3 months. By inspecting Spanish Mountain's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please review Spanish Mountain's Coefficient Of Variation of 1056.63, risk adjusted performance of 0.0885, and Semi Deviation of 4.47 to confirm if our risk estimates are consistent with your expectations.
Spanish OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Spanish |
Sharpe Ratio = 0.0992
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Estimated Market Risk
| 6.48 actual daily | 57 57% of assets are less volatile |
Expected Return
| 0.64 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Spanish Mountain is performing at about 7% 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 Spanish Mountain by adding it to a well-diversified portfolio.
Spanish Mountain Valuation on October 22, 2024
It is possible to determine the worth of Spanish Mountain on a given historical date. On October 22, 2024 Spanish was worth 0.12 at the beginning of the trading date compared to the closed value of 0.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spanish Mountain otc stock. Still, in general, we apply an absolute valuation method to find Spanish Mountain'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 Spanish Mountain where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spanish Mountain's related companies.
| Open | High | Low | Close | Volume | |
| 0.10 | 0.11 | 0.10 | 0.11 | 227,500 | |
10/22/2024 | 0.12 | 0.12 | 0.11 | 0.11 | 16,000 |
| 0.13 | 0.13 | 0.09 | 0.10 | 895,000 |
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Spanish Mountain Trading Date Momentum on October 22, 2024
| On October 23 2024 Spanish Mountain Gold was traded for 0.10 at the closing time. The highest daily price throughout the period was 0.13 and the lowest price was 0.09 . The daily volume was 895 K. The net trading volume on 10/23/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 9.09% . The trading price change to current closing price is 9.09% . |
Spanish Mountain Gold Fundamentals Correlations and Trends
By evaluating Spanish Mountain'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 Spanish Mountain's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Spanish financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Spanish Mountain OTC Stock history
Spanish Mountain 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 Spanish is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spanish Mountain Gold 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 Spanish Mountain stock prices may prove useful in developing a viable investing in Spanish Mountain
Spanish Mountain Gold Ltd., an exploration stage resource company, engages in the acquisition, exploration, and development of mineral properties in Canada. Spanish Mountain Gold Ltd. was incorporated in 1996 and is headquartered in Vancouver, Canada. Spanish Mtn operates under Gold classification in the United States and is traded on OTC Exchange.
Spanish Mountain OTC Stock Technical Analysis
Spanish Mountain 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
Spanish Mountain Period Price Range
Low | March 26, 2025
| High |
0.00 | 0.00 |
Spanish Mountain Gold 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.
Spanish Mountain March 26, 2025 Market Strength
Market strength indicators help investors to evaluate how Spanish Mountain 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 Spanish Mountain shares will generate the highest return on investment. By undertsting and applying Spanish Mountain otc stock market strength indicators, traders can identify Spanish Mountain Gold entry and exit signals to maximize returns
Spanish Mountain Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Spanish Mountain's price direction in advance. Along with the technical and fundamental analysis of Spanish OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Spanish 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 | 0.0885 | |||
| Jensen Alpha | 0.5739 | |||
| Total Risk Alpha | 0.5543 | |||
| Sortino Ratio | 0.0775 | |||
| Treynor Ratio | 1.55 |
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Complementary Tools for Spanish OTC Stock analysis
When running Spanish Mountain's price analysis, check to measure Spanish Mountain'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 Spanish Mountain is operating at the current time. Most of Spanish Mountain's value examination focuses on studying past and present price action to predict the probability of Spanish Mountain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spanish Mountain's price. Additionally, you may evaluate how the addition of Spanish Mountain to your portfolios can decrease your overall portfolio volatility.
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