Group Eleven Resources Stock Price on February 6, 2023
If you're considering investing in Group Stock, it is important to understand the factors that can impact its price. Group Eleven Resources holds Efficiency (Sharpe) Ratio of -0.0435, which attests that the entity had a -0.0435% return per unit of risk over the last 3 months. Group Eleven Resources exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Group Eleven's Market Risk Adjusted Performance of (0.33), standard deviation of 4.02, and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide.
Group Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Group |
Sharpe Ratio = -0.0435
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Estimated Market Risk
| 4.02 actual daily | 35 65% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Group Eleven 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 Group Eleven by adding Group Eleven to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Group Eleven Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Group Eleven Resources cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Group Eleven December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Group Eleven stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Group Eleven shares will generate the highest return on investment. By undertsting and applying Group Eleven stock market strength indicators, traders can identify Group Eleven Resources entry and exit signals to maximize returns
Group Eleven Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Group Eleven's price direction in advance. Along with the technical and fundamental analysis of Group Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Group 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 | (0.03) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.34) |
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| Math Transform | ||
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| Overlap Studies | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Other Tools for Group Stock
When running Group Eleven's price analysis, check to measure Group Eleven'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 Group Eleven is operating at the current time. Most of Group Eleven's value examination focuses on studying past and present price action to predict the probability of Group Eleven's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Group Eleven's price. Additionally, you may evaluate how the addition of Group Eleven to your portfolios can decrease your overall portfolio volatility.
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