Nine Mile Metals Stock Price on July 31, 2024
| VMSXF Stock | USD 0.02 0 6.37% |
If you're considering investing in Nine Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Nine Mile stands at 0.02, as last reported on the 29th of November, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. Nine Mile appears to be out of control, given 3 months investment horizon. Nine Mile Metals has Sharpe Ratio of 0.0472, which conveys that the firm had a 0.0472% return per unit of risk over the last 3 months. By analyzing Nine Mile's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please exercise Nine Mile's Downside Deviation of 11.29, mean deviation of 6.86, and Risk Adjusted Performance of 0.0405 to check out if our risk estimates are consistent with your expectations.
Nine Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Nine |
Sharpe Ratio = 0.0472
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Estimated Market Risk
| 12.05 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Nine Mile is performing at about 3% 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 Nine Mile by adding it to a well-diversified portfolio.
Nine Mile Valuation on July 31, 2024
It is possible to determine the worth of Nine Mile on a given historical date. On July 31, 2024 Nine was worth 0.0347 at the beginning of the trading date compared to the closed value of 0.0347. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nine Mile pink sheet. Still, in general, we apply an absolute valuation method to find Nine Mile'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 Nine Mile where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nine Mile's related companies.
| Open | High | Low | Close | Volume | |
| 0.03 | 0.03 | 0.03 | 0.03 | 1.00 | |
07/31/2024 | 0.03 | 0.03 | 0.03 | 0.03 | 1.00 |
| 0.03 | 0.03 | 0.03 | 0.03 | 1.00 |
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Nine Mile Trading Date Momentum on July 31, 2024
| On August 01 2024 Nine Mile Metals 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 . There was no trading activity during the period 1.0. Lack of trading volume on 08/01/2024 did not cause price change. The trading delta at closing time to current closing price is 13.83% . |
Nine Mile Metals Fundamentals Correlations and Trends
By evaluating Nine Mile'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 Nine Mile's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nine financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nine Mile Pink Sheet history
Nine Mile 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 Nine is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nine Mile Metals 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 Nine Mile stock prices may prove useful in developing a viable investing in Nine Mile
Nine Mile Metals Ltd. engages in the acquisition, development, and exploration of mineral properties. Nine Mile Metals Ltd. was incorporated in 2018 and is headquartered in Vancouver, Canada. Nine Mile is traded on OTC Exchange in the United States.
Nine Mile Pink Sheet Technical Analysis
Nine Mile 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
Nine Mile Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Nine Mile Metals 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.
Nine Mile November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Nine Mile 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 Nine Mile shares will generate the highest return on investment. By undertsting and applying Nine Mile pink sheet market strength indicators, traders can identify Nine Mile Metals entry and exit signals to maximize returns
Nine Mile Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nine Mile's price direction in advance. Along with the technical and fundamental analysis of Nine Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nine 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 | 0.0405 | |||
| Jensen Alpha | 0.6661 | |||
| Total Risk Alpha | (1.30) | |||
| Sortino Ratio | 0.0314 | |||
| Treynor Ratio | (0.28) |
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| Volume Indicators |
Complementary Tools for Nine Pink Sheet analysis
When running Nine Mile's price analysis, check to measure Nine Mile'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 Nine Mile is operating at the current time. Most of Nine Mile's value examination focuses on studying past and present price action to predict the probability of Nine Mile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nine Mile's price. Additionally, you may evaluate how the addition of Nine Mile to your portfolios can decrease your overall portfolio volatility.
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