Zincx Resources Corp Stock Price on November 19, 2024
ZNCXF Stock | USD 0.05 0.00 0.00% |
If you're considering investing in ZincX Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of ZincX Resources stands at 0.05, as last reported on the 2nd of December, with the highest price reaching 0.05 and the lowest price hitting 0.05 during the day. ZincX Resources Corp shows Sharpe Ratio of -0.0609, which attests that the company had a -0.0609% return per unit of risk over the last 3 months. ZincX Resources Corp exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ZincX Resources' Market Risk Adjusted Performance of 0.1923, standard deviation of 3.59, and Mean Deviation of 1.11 to validate the risk estimate we provide.
ZincX Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
ZincX |
Sharpe Ratio = -0.0609
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Estimated Market Risk
3.59 actual daily | 31 69% of assets are more volatile |
Expected Return
-0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ZincX Resources 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 ZincX Resources by adding ZincX Resources to a well-diversified portfolio.
ZincX Resources Valuation on November 19, 2024
It is possible to determine the worth of ZincX Resources on a given historical date. On November 19, 2024 ZincX was worth 0.06 at the beginning of the trading date compared to the closed value of 0.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ZincX Resources pink sheet. Still, in general, we apply an absolute valuation method to find ZincX 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 ZincX Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ZincX Resources' related companies.
Open | High | Low | Close | Volume | |
0.06 | 0.06 | 0.06 | 0.06 | 38,000 | |
11/19/2024 | 0.06 | 0.06 | 0.06 | 0.06 | 1.00 |
0.06 | 0.06 | 0.06 | 0.06 | 1.00 |
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ZincX Resources Trading Date Momentum on November 19, 2024
On November 20 2024 ZincX Resources Corp was traded for 0.06 at the closing time. The highest daily price throughout the period was 0.06 and the lowest price was 0.06 . There was no trading activity during the period 1.0. Lack of trading volume on 11/20/2024 had no short-term effect on price fluctuation. The trading date delta to current closing price is 16.67% . |
ZincX Resources Corp Fundamentals Correlations and Trends
By evaluating ZincX 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 ZincX Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ZincX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ZincX Resources Pink Sheet history
ZincX 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 ZincX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ZincX Resources 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 ZincX Resources stock prices may prove useful in developing a viable investing in ZincX Resources
ZincX Resources Corp. engages in the exploration and evaluation of mineral resource properties in Canada. ZincX Resources Corp. was incorporated in 1988 and is headquartered in Vancouver, Canada. Zincx Res operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
ZincX Resources Pink Sheet Technical Analysis
ZincX 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
ZincX Resources Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
ZincX Resources Corp 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.
ZincX Resources December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how ZincX 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 ZincX Resources shares will generate the highest return on investment. By undertsting and applying ZincX Resources pink sheet market strength indicators, traders can identify ZincX Resources Corp entry and exit signals to maximize returns
ZincX Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ZincX Resources' price direction in advance. Along with the technical and fundamental analysis of ZincX Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of ZincX 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 | (0.04) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.83) | |||
Treynor Ratio | 0.1823 |
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When running ZincX Resources' price analysis, check to measure ZincX 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 ZincX Resources is operating at the current time. Most of ZincX Resources' value examination focuses on studying past and present price action to predict the probability of ZincX Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZincX Resources' price. Additionally, you may evaluate how the addition of ZincX Resources to your portfolios can decrease your overall portfolio volatility.
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