Is This Stock Fit For Your Portfolio?: Miranda Gold Corp. (OTC:MRDDF)

Miranda Gold Corp. (OTC:MRDDF) STOCK VOLATILITY FACTOR :

Average true range percent (ATRP-14) measured at 0%. Volatility or average true range percent (ATRP 14) is the ATR expressed as a percentage of closing price. Average true range percent (ATRP) measures volatility on a relative level. This is opposed to the ATR, which measures volatility on an absolute level. ATRP allows securities to be compared whereas ATR does not. That means lower-priced stocks won’t necessarily have lower ATR values than higher-priced stocks. The Company’s beta coefficient sits at -0.079272. Beta factor measures the amount of market risk associated with market trade. Higher the beta discloses more riskiness and lower the beta lower the risk.

PERFORMANCE WATCH:

Miranda Gold Corp. (OTC:MRDDF) has five years performance of -88.636364% and weekly performance of 25%. The stock has been moved at -75% throughout last twelve months. The stock has performed 25% around last thirty days, and changed -37.5% over the last three months.

Miranda Gold Corp. (OTC:MRDDF) stock has performed 23.76% and changed $0.0024 while share value reached at $0.0125 in last trading session. At present, the stock 52 week high price sited at 0.05 and 52 week low situated at 0. 954000 shares traded on hands while it’s an average volume stands with 55867 shares.

PROFITABILITY RATIOS:

The company’s net profit margin is 0.00%. It measures how much out of every dollar of sales a company actually keeps in earnings. Operating Margin is seen at 0.00%. Return on Assets (ROA) an indicator of how profitable a company is relative to its total assets is -53.33%. Return on Equity (ROE) is -114.43%.

MARKET CAPITALIZATION AND VALAATION INDICATORS:

Miranda Gold Corp. (OTC:MRDDF) is Canada based company. Currently it has a market worth of $1175397. Using market capitalization to show the size of a company is important because company size is a basic determinant of various characteristics in which investors are interested, including risk. P/B ratio is 1.01. P/B is used to compare a stock’s market value to its book value.

TECHNICAL OBSERVATION:

Now The company has RSI figure of 45.79. The Relative Strength Index (RSI) was developed by J. Welles Wilder, and it reading fluctuates between 0 and 100. The RSI is a momentum oscillator that measures the speed and change of stock price movements. Generally, the when RSI falls below 30 then stock considered to be oversold and overbought when it moves above 70. The normal reading of a stock will fall in the range of 30 to 70. RSI can be used to detect general trends as well as finding divergences and failure swings.

ADX value listed at 20.8. The values of ADX range from 0 to 100 and are also important for distinguishing between trends and non-trends. Many traders will use ADX readings above 25 to suggest that the trend’s strength is strong enough for trend trading strategies. Conversely, when ADX is below 25, many will avoid trend trading strategies.

Category – Market Movers

Hank Winkel has over 10 years of experience as a professional journalist, writer and an editor. He holds a bachelor’s degree in International Business from University of Melbourne. He studied a business degree majoring in finance and security analysis. He has a deep understanding of both technical and fundamental forms of analysis, he deeply believes that it makes a lot more sense for average investors to understand fundamental analysis, which he believes anyone can learn. Hank writes articles about Market Movers, dividend growth investing, options trading, investment decisions, stock selection, portfolio management, and passive income generation. Hank Winkel primarily reports on Market Movers category.
Email Contact: Hank@nysewired.com

Leave a Reply

Your email address will not be published. Required fields are marked *