Zonte Metals Stock Price on May 10, 2024

ZON Stock  CAD 0.09  0.01  5.56%   
Below is the normalized historical share price chart for Zonte Metals extending back to May 21, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Zonte Metals stands at 0.09, as last reported on the 23rd of December, with the highest price reaching 0.09 and the lowest price hitting 0.09 during the day.
200 Day MA
0.0832
50 Day MA
0.0714
Beta
0.5
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Zonte Stock, it is important to understand the factors that can impact its price. Zonte Metals appears to be out of control, given 3 months investment horizon. Zonte Metals shows Sharpe Ratio of 0.0786, which attests that the company had a 0.0786% return per unit of risk over the last 3 months. By examining Zonte Metals' technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please utilize Zonte Metals' Downside Deviation of 13.76, market risk adjusted performance of (6.69), and Mean Deviation of 3.5 to validate if our risk estimates are consistent with your expectations.
  
At this time, Zonte Metals' Sale Purchase Of Stock is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 586.9 K in 2024, whereas Total Stockholder Equity is likely to drop slightly above 2.2 M in 2024. . Zonte Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0786

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Estimated Market Risk

 6.33
  actual daily
56
56% of assets are less volatile

Expected Return

 0.5
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Zonte Metals is performing at about 6% 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 Zonte Metals by adding it to a well-diversified portfolio.
Price Book
1.5194
Book Value
0.056
Enterprise Value
M
Enterprise Value Ebitda
(21.21)
Shares Float
72.5 M

Zonte Metals Valuation on May 10, 2024

It is possible to determine the worth of Zonte Metals on a given historical date. On May 10, 2024 Zonte was worth 0.09 at the beginning of the trading date compared to the closed value of 0.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zonte Metals stock. Still, in general, we apply an absolute valuation method to find Zonte Metals' 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 Zonte Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zonte Metals' related companies.
 Open High Low Close Volume
  0.09    0.09    0.08    0.08    71,000  
05/10/2024
  0.09    0.09    0.08    0.08    127,700  
  0.08    0.08    0.08    0.08    9,000  
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Open Value
0.09
0.0008
Downside
0.08
Closing Value
19.09
Upside

Zonte Metals Trading Date Momentum on May 10, 2024

On May 13 2024 Zonte Metals was traded for  0.08  at the closing time. The highest daily price throughout the period was 0.08  and the lowest price was  0.08 . The daily volume was 9 K. The net trading volume on 05/13/2024 had no short-term effect on price fluctuation. The trading date delta to current closing price is 0.00% .

Zonte Metals Fundamentals Correlations and Trends

By evaluating Zonte Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Zonte Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zonte financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Zonte Metals Stock history

Zonte Metals 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 Zonte is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zonte 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 Zonte Metals stock prices may prove useful in developing a viable investing in Zonte Metals
Last ReportedProjected for Next Year
Common Stock Shares Outstanding72.2 M64.7 M
Net Loss-933.5 K-980.2 K

Zonte Metals Quarterly Net Working Capital

255,860

Zonte Metals Stock Technical Analysis

Zonte Metals technical 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, stock market cycles, or different charting patterns.
A focus of Zonte Metals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Zonte Metals trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Zonte Metals Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Zonte Metals 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.

Zonte Metals December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Zonte Metals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zonte Metals shares will generate the highest return on investment. By undertsting and applying Zonte Metals stock market strength indicators, traders can identify Zonte Metals entry and exit signals to maximize returns

Zonte Metals Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Zonte Metals' price direction in advance. Along with the technical and fundamental analysis of Zonte Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zonte 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.

Additional Tools for Zonte Stock Analysis

When running Zonte Metals' price analysis, check to measure Zonte Metals' 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 Zonte Metals is operating at the current time. Most of Zonte Metals' value examination focuses on studying past and present price action to predict the probability of Zonte Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zonte Metals' price. Additionally, you may evaluate how the addition of Zonte Metals to your portfolios can decrease your overall portfolio volatility.