GoldMining Stock Forecast - Day Typical Price
| 0UYN Stock | 1.19 0.05 4.03% |
GoldMining Stock Forecast is based on your current time horizon.
GoldMining |
| Previous Day Typical Price | Day Typical Price | Trend |
| 1.24 | 1.19 |
| Check GoldMining Volatility | Backtest GoldMining | Information Ratio |
GoldMining Trading Date Momentum
| On November 25 2024 GoldMining was traded for 1.19 at the closing time. The highest price during the trading period was 1.20 and the lowest recorded bid was listed for 1.19 . The volume for the day was 39.8 K. This history from November 25, 2024 did not cause price change. The overall trading delta to the current price is 0.84% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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GoldMining Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with GoldMining stock to make a market-neutral strategy. Peer analysis of GoldMining could also be used in its relative valuation, which is a method of valuing GoldMining by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
GoldMining Market Strength Events
Market strength indicators help investors to evaluate how GoldMining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GoldMining shares will generate the highest return on investment. By undertsting and applying GoldMining stock market strength indicators, traders can identify GoldMining entry and exit signals to maximize returns.
GoldMining Risk Indicators
The analysis of GoldMining's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in GoldMining's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting goldmining stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.53 | |||
| Semi Deviation | 2.87 | |||
| Standard Deviation | 3.22 | |||
| Variance | 10.37 | |||
| Downside Variance | 9.72 | |||
| Semi Variance | 8.26 | |||
| Expected Short fall | (2.98) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for GoldMining Stock Analysis
When running GoldMining's price analysis, check to measure GoldMining'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 GoldMining is operating at the current time. Most of GoldMining's value examination focuses on studying past and present price action to predict the probability of GoldMining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoldMining's price. Additionally, you may evaluate how the addition of GoldMining to your portfolios can decrease your overall portfolio volatility.