Eldorado Gold Corp Stock Price on February 22, 2024
| EGO Stock | USD 15.69 0.87 5.25% |
Below is the normalized historical share price chart for Eldorado Gold Corp extending back to January 23, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Eldorado Gold stands at 15.69, as last reported on the 25th of November, with the highest price reaching 16.10 and the lowest price hitting 15.66 during the day.
If you're considering investing in Eldorado Stock, it is important to understand the factors that can impact its price. Eldorado Gold Corp secures Sharpe Ratio (or Efficiency) of -0.0307, which denotes the company had a -0.0307% return per unit of standard deviation over the last 3 months. Eldorado Gold Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eldorado Gold's Coefficient Of Variation of (4,060), standard deviation of 2.46, and Mean Deviation of 1.84 to check the risk estimate we provide.
At this time, Eldorado Gold's Common Stock Total Equity is very stable compared to the past year. As of the 25th of November 2024, Capital Stock is likely to grow to about 3.5 B, while Total Stockholder Equity is likely to drop about 2.2 B. . At this time, Eldorado Gold's Price Earnings Ratio is very stable compared to the past year. As of the 25th of November 2024, Price To Operating Cash Flows Ratio is likely to grow to 6.91, while Price To Sales Ratio is likely to drop 2.38. Eldorado Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 23rd of January 2003 | 200 Day MA 15.5181 | 50 Day MA 17.1492 | Beta 1.233 |
Eldorado |
Sharpe Ratio = -0.0307
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| Negative Returns | EGO |
Estimated Market Risk
| 2.5 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Eldorado Gold 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 Eldorado Gold by adding Eldorado Gold to a well-diversified portfolio.
Price Book 0.8996 | Enterprise Value Ebitda 6.2034 | Price Sales 2.846 | Shares Float 184.7 M | Wall Street Target Price 19.6 |
Eldorado Gold Valuation on February 22, 2024
It is possible to determine the worth of Eldorado Gold on a given historical date. On February 22, 2024 Eldorado was worth 11.26 at the beginning of the trading date compared to the closed value of 11.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eldorado Gold stock. Still, in general, we apply an absolute valuation method to find Eldorado Gold'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 Eldorado Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eldorado Gold's related companies.
| Open | High | Low | Close | Volume | |
| 11.26 | 11.41 | 11.07 | 11.37 | 2,303,592 | |
02/22/2024 | 11.26 | 11.36 | 11.10 | 11.27 | 1,594,950 |
| 11.02 | 11.11 | 9.72 | 10.59 | 4,966,318 |
| Backtest Eldorado Gold | | | Eldorado Gold History | | | Eldorado Gold Valuation | Previous | Next |
Eldorado Gold Trading Date Momentum on February 22, 2024
| On February 23 2024 Eldorado Gold Corp was traded for 10.59 at the closing time. Highest Eldorado Gold's price during the trading hours was 11.11 and the lowest price during the day was 9.72 . The net volume was 5 M. The overall trading history on the 23rd of February contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 6.03% . The overall trading delta to current price is 3.02% . |
Eldorado Gold Corp Fundamentals Correlations and Trends
By evaluating Eldorado Gold'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 Eldorado Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eldorado financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Eldorado Gold Stock history
Eldorado Gold 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 Eldorado is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eldorado Gold Corp 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 Eldorado Gold stock prices may prove useful in developing a viable investing in Eldorado Gold
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 195.3 M | 98.9 M | |
| Net Loss | -318.4 M | -302.5 M |
Eldorado Gold Quarterly Net Working Capital |
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Eldorado Gold Stock Technical Analysis
Eldorado Gold 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.
Price Boundaries
Eldorado Gold Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Eldorado Gold Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Eldorado Gold November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Eldorado Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eldorado Gold shares will generate the highest return on investment. By undertsting and applying Eldorado Gold stock market strength indicators, traders can identify Eldorado Gold Corp entry and exit signals to maximize returns
Eldorado Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eldorado Gold's price direction in advance. Along with the technical and fundamental analysis of Eldorado Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eldorado 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 | (0.01) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | (0.17) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eldorado Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eldorado Gold. If investors know Eldorado will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eldorado Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 55.667 | Earnings Share 1.41 | Revenue Per Share 5.868 | Quarterly Revenue Growth 0.355 | Return On Assets 0.0386 |
The market value of Eldorado Gold Corp is measured differently than its book value, which is the value of Eldorado that is recorded on the company's balance sheet. Investors also form their own opinion of Eldorado Gold's value that differs from its market value or its book value, called intrinsic value, which is Eldorado Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eldorado Gold's market value can be influenced by many factors that don't directly affect Eldorado Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eldorado Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eldorado Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eldorado Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.