Tower Resources Stock Price on November 8, 2024
| TWRFF Stock | USD 0.08 0 2.87% |
If you're considering investing in Tower Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Tower Resources stands at 0.08, as last reported on the 11th of December 2024, with the highest price reaching 0.08 and the lowest price hitting 0.08 during the day. Tower Resources appears to be out of control, given 3 months investment horizon. Tower Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. By inspecting Tower Resources' technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please review Tower Resources' Semi Deviation of 3.97, risk adjusted performance of 0.0726, and Coefficient Of Variation of 1129.2 to confirm if our risk estimates are consistent with your expectations.
Tower Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Tower |
Sharpe Ratio = 0.112
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | TWRFF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.51 actual daily | 49 51% of assets are more volatile |
Expected Return
| 0.62 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Tower Resources is performing at about 8% 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 Tower Resources by adding it to a well-diversified portfolio.
Tower Resources Valuation on November 8, 2024
It is possible to determine the worth of Tower Resources on a given historical date. On November 8, 2024 Tower was worth 0.095 at the beginning of the trading date compared to the closed value of 0.0904. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tower Resources pink sheet. Still, in general, we apply an absolute valuation method to find Tower Resources' 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 Tower Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tower Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.1 | 0.10 | 0.1 | 0.10 | 1,100 | |
11/08/2024 | 0.1 | 0.1 | 0.09 | 0.09 | 22,300 |
| 0.09 | 0.09 | 0.09 | 0.09 | 1.00 |
| Backtest Tower Resources | | | Tower Resources History | | | Tower Resources Valuation | Previous | Next |
Tower Resources Trading Date Momentum on November 8, 2024
| On November 11 2024 Tower Resources was traded for 0.09 at the closing time. The highest daily price throughout the period was 0.09 and the lowest price was 0.09 . There was no trading activity during the period 1.0. Lack of trading volume on 11/11/2024 did not result in any price rise and fall. The trading price change to current closing price is 5.97% . |
Tower Resources Fundamentals Correlations and Trends
By evaluating Tower Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tower Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tower financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tower Resources Pink Sheet history
Tower Resources 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 Tower is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tower Resources 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 Tower Resources stock prices may prove useful in developing a viable investing in Tower Resources
Tower Resources Ltd. engages in the acquisition, evaluation, and exploration of mineral properties in Canada. Tower Resources Ltd. was incorporated in 1988 and is headquartered in Squamish, Canada. TOWER RESOURCES is traded on OTC Exchange in the United States.
Tower Resources Pink Sheet Technical Analysis
Tower Resources 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
Tower Resources Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Tower Resources 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.
Tower Resources December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Tower Resources 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 Tower Resources shares will generate the highest return on investment. By undertsting and applying Tower Resources pink sheet market strength indicators, traders can identify Tower Resources entry and exit signals to maximize returns
Tower Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tower Resources' price direction in advance. Along with the technical and fundamental analysis of Tower Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tower 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 | 0.0726 | |||
| Jensen Alpha | 0.4597 | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | 0.048 | |||
| Treynor Ratio | 4.39 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Tower Pink Sheet analysis
When running Tower Resources' price analysis, check to measure Tower Resources' 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 Tower Resources is operating at the current time. Most of Tower Resources' value examination focuses on studying past and present price action to predict the probability of Tower Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tower Resources' price. Additionally, you may evaluate how the addition of Tower Resources to your portfolios can decrease your overall portfolio volatility.
| Transaction History View history of all your transactions and understand their impact on performance | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |