Minnova Corp Stock Analysis

Minnova Pink Sheet Analysis Notes

About 13.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.18. Some equities with similar Price to Book (P/B) outperform the market in the long run. Minnova Corp had not issued any dividends in recent years. The entity had 1:10 split on the 15th of January 2014. Minnova Corp. acquires, explores for, and develops mineral properties. Minnova Corp. was incorporated in 1994 and is based in Toronto, Canada. Auriga Gold operates under Gold classification in the United States and is traded on OTC Exchange.The quote for Minnova Corp is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more info on Minnova Corp please contact the company at 647 985 2785 or go to https://www.minnovacorp.ca.

Minnova Corp Investment Alerts

Minnova Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.64 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Minnova Corp's market, we take the total number of its shares issued and multiply it by Minnova Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 29th of June, Minnova Corp secures the Standard Deviation of 13.69, mean deviation of 4.02, and Risk Adjusted Performance of 0.0706. Minnova Corp technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify Minnova Corp standard deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if Minnova Corp is priced some-what accurately, providing market reflects its recent price of 0.06 per share. As Minnova Corp appears to be a penny stock we also strongly suggest to check its information ratio numbers.

Minnova Corp Price Movement Analysis

Minnova Corp Predictive Daily Indicators

Minnova Corp Forecast Models

Minnova Corp's time-series forecasting models are one of many Minnova Corp's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Minnova Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Minnova Corp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Minnova shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Minnova Corp. By using and applying Minnova Pink Sheet analysis, traders can create a robust methodology for identifying Minnova entry and exit points for their positions.

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