Tmc The Metals Stock Price on January 3, 2023

TMC Stock  USD 1.43  0.03  2.05%   
If you're considering investing in TMC Stock, it is important to understand the factors that can impact its price. As of today, the current price of TMC The stands at 1.43, as last reported on the 10th of June, with the highest price reaching 1.46 and the lowest price hitting 1.41 during the day. TMC the metals retains Efficiency (Sharpe Ratio) of -0.0561, which indicates the firm had a -0.0561% return per unit of volatility over the last 3 months. TMC The exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TMC The's standard deviation of 4.17, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
  
TMC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0561

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Estimated Market Risk

 4.17
  actual daily
36
64% of assets are more volatile

Expected Return

 -0.23
  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 TMC The 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 TMC The by adding TMC The to a well-diversified portfolio.

TMC The Valuation on January 3, 2023

It is possible to determine the worth of TMC The on a given historical date. On January 3, 2023 TMC was worth 0.8 at the beginning of the trading date compared to the closed value of 0.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TMC The stock. Still, in general, we apply an absolute valuation method to find TMC The'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 TMC The where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TMC The's related companies.
 Open High Low Close Volume
  0.68    0.77    0.67    0.77    1,392,814  
01/03/2023
  0.80    0.81    0.71    0.72    567,463  
  0.72    0.83    0.72    0.79    967,700  
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Open Value
0.8
0.72
Closing Value
13.32
Upside

TMC The Trading Date Momentum on January 3, 2023

On January 04 2023 TMC the metals was traded for  0.79  at the closing time. Highest TMC The's price during the trading hours was 0.83  and the lowest price during the day was  0.72 . The net volume was 967.7 K. The overall trading history on the 4th of January contributed to the next trading period price growth. The trading price change to the next next day price was 9.72% . The trading price change to current price is 8.33% .

TMC the metals Fundamentals Correlations and Trends

By evaluating TMC The'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 TMC The's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TMC financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About TMC The Stock history

TMC The 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 TMC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TMC the 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 TMC The stock prices may prove useful in developing a viable investing in TMC The
TMC the metals company Inc., a deep-sea minerals exploration company, focuses on the collection, processing, and refining of polymetallic nodules found on the seafloor in the Clarion Clipperton Zone in the south-west of San Diego, California. TMC the metals company Inc. was incorporated in 2019 and is based in Vancouver, Canada. Tmc Metals operates under Other Industrial Metals Mining classification in the United States and is traded on NASDAQ Exchange. It employs 31 people.

TMC The Stock Technical Analysis

TMC The 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 TMC The technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of TMC The 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

TMC The Period Price Range

Low
January 3, 2023
-0.08  -10%
High

 0.80 

     

 0.72 

TMC The June 10, 2024 Market Strength

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

TMC The Technical and Predictive Indicators

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

Complementary Tools for TMC Stock analysis

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