Ivanhoe Mines Stock Price on December 3, 2024
IVPAF Stock | USD 12.25 0.19 1.58% |
If you're considering investing in Ivanhoe OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ivanhoe Mines stands at 12.25, as last reported on the 23rd of December, with the highest price reaching 12.25 and the lowest price hitting 11.94 during the day. Ivanhoe Mines holds Efficiency (Sharpe) Ratio of -0.0761, which attests that the entity had a -0.0761% return per unit of risk over the last 3 months. Ivanhoe Mines exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Ivanhoe Mines' Market Risk Adjusted Performance of (0.30), risk adjusted performance of (0.05), and Standard Deviation of 2.88 to validate the risk estimate we provide.
Ivanhoe OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ivanhoe |
Sharpe Ratio = -0.0761
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Estimated Market Risk
2.86 actual daily | 25 75% of assets are more volatile |
Expected Return
-0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ivanhoe Mines 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 Ivanhoe Mines by adding Ivanhoe Mines to a well-diversified portfolio.
Ivanhoe Mines Valuation on December 3, 2024
It is possible to determine the worth of Ivanhoe Mines on a given historical date. On December 3, 2024 Ivanhoe was worth 14.99 at the beginning of the trading date compared to the closed value of 13.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ivanhoe Mines otc stock. Still, in general, we apply an absolute valuation method to find Ivanhoe Mines' 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 Ivanhoe Mines where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ivanhoe Mines' related companies.
Open | High | Low | Close | Volume | |
13.41 | 13.45 | 13.17 | 13.33 | 63,700 | |
12/03/2024 | 14.99 | 15.00 | 13.68 | 13.88 | 178,300 |
13.90 | 14.07 | 13.55 | 13.71 | 129,400 |
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Ivanhoe Mines Trading Date Momentum on December 3, 2024
On December 04 2024 Ivanhoe Mines was traded for 13.71 at the closing time. The highest daily price throughout the period was 14.07 and the lowest price was 13.55 . The daily volume was 129.4 K. The net trading volume on 12/04/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.22% . The trading delta at closing time to current closing price is 8.36% . |
Ivanhoe Mines Fundamentals Correlations and Trends
By evaluating Ivanhoe Mines' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ivanhoe Mines' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ivanhoe financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ivanhoe Mines OTC Stock history
Ivanhoe Mines 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 Ivanhoe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ivanhoe Mines 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 Ivanhoe Mines stock prices may prove useful in developing a viable investing in Ivanhoe Mines
Ivanhoe Mines Ltd. engages in the exploration, development, and recovery of minerals and precious metals located primarily in Africa. The company was incorporated in 1993 and is headquartered in Vancouver, Canada. Ivanhoe Mines operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Ivanhoe Mines OTC Stock Technical Analysis
Ivanhoe Mines technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Ivanhoe Mines Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Ivanhoe Mines cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.
Ivanhoe Mines December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Ivanhoe Mines otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ivanhoe Mines shares will generate the highest return on investment. By undertsting and applying Ivanhoe Mines otc stock market strength indicators, traders can identify Ivanhoe Mines entry and exit signals to maximize returns
Ivanhoe Mines Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ivanhoe Mines' price direction in advance. Along with the technical and fundamental analysis of Ivanhoe OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ivanhoe 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 | (0.05) | |||
Jensen Alpha | (0.22) | |||
Total Risk Alpha | (0.28) | |||
Treynor Ratio | (0.31) |
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Complementary Tools for Ivanhoe OTC Stock analysis
When running Ivanhoe Mines' price analysis, check to measure Ivanhoe Mines' 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 Ivanhoe Mines is operating at the current time. Most of Ivanhoe Mines' value examination focuses on studying past and present price action to predict the probability of Ivanhoe Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ivanhoe Mines' price. Additionally, you may evaluate how the addition of Ivanhoe Mines to your portfolios can decrease your overall portfolio volatility.
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