Eldorado Gold Corp Stock Price on July 11, 2024

ELD Stock  CAD 22.37  0.15  0.68%   
Below is the normalized historical share price chart for Eldorado Gold Corp extending back to October 22, 1993. 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 22.37, as last reported on the 30th of November, with the highest price reaching 22.76 and the lowest price hitting 22.25 during the day.
200 Day MA
21.3125
50 Day MA
23.4792
Beta
1.233
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Eldorado Stock, it is important to understand the factors that can impact its price. As of now, Eldorado Stock is very steady. Eldorado Gold Corp secures Sharpe Ratio (or Efficiency) of 0.0193, which denotes the company had a 0.0193% return per unit of standard deviation over the last 3 months. We have found twenty-three technical indicators for Eldorado Gold Corp, which you can use to evaluate the volatility of the firm. Please confirm Eldorado Gold's Mean Deviation of 1.78, coefficient of variation of (11,042), and Standard Deviation of 2.43 to check if the risk estimate we provide is consistent with the expected return of 0.0464%.
  
At this time, Eldorado Gold's Other Stockholder Equity is very stable compared to the past year. As of the 30th of November 2024, Common Stock Total Equity is likely to grow to about 3.2 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 30th 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.

Sharpe Ratio = 0.0193

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Negative ReturnsELD

Estimated Market Risk

 2.4
  actual daily
21
79% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Eldorado Gold is performing at about 1% of its full potential. 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 it to a well-diversified portfolio.
Price Book
0.8605
Enterprise Value Ebitda
5.942
Price Sales
3.8399
Shares Float
184.7 M
Wall Street Target Price
20.9591

Eldorado Gold Main Headline on 11th of July 2024

Eldorado Gold Reaches New 1-Year High Following Analyst Upgrade Defense World

Eldorado Gold Valuation on July 11, 2024

It is possible to determine the worth of Eldorado Gold on a given historical date. On July 11, 2024 Eldorado was worth 22.65 at the beginning of the trading date compared to the closed value of 22.63. 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
  22.15    22.26    21.94    22.04    290,648  
07/11/2024
  22.65    22.75    22.04    22.63    319,215  
  22.28    22.59    22.18    22.57    232,122  
Backtest Eldorado Gold  |  Eldorado Gold History  |  Eldorado Gold Valuation   PreviousNext  
Open Value
22.65
22.63
Closing Value
29.86
Upside

Eldorado Gold Trading Date Momentum on July 11, 2024

On July 12 2024 Eldorado Gold Corp was traded for  22.57  at the closing time. The maximum traded price for the trading interval was 22.59  and the lowest daily price was  22.18 . The daily volume was recorded at 232.1 K. The volume of trading on 12th of July 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.27% . The overall trading delta to the closing price today is 0.66% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding195.3 M98.9 M
Net Loss-406.9 M-427.2 M

Eldorado Gold Quarterly Net Working Capital

830.73 Million

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

Eldorado Gold Period Price Range

Low
November 30, 2024
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High

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Eldorado Gold Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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 30, 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.
When determining whether Eldorado Gold Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eldorado Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eldorado Gold Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eldorado Gold Corp Stock:
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 board of governors.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
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.