Envirogold Global Limited Stock Price on September 18, 2024
| ESGLF Stock | USD 0.04 0.0009 2.19% |
If you're considering investing in EnviroGold OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of EnviroGold Global stands at 0.04, as last reported on the 11th of December 2024, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. EnviroGold Global appears to be out of control, given 3 months investment horizon. EnviroGold Global secures Sharpe Ratio (or Efficiency) of 0.0809, which denotes the company had a 0.0809% return per unit of risk over the last 3 months. By reviewing EnviroGold Global's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please utilize EnviroGold Global's Mean Deviation of 4.34, coefficient of variation of 994.99, and Downside Deviation of 11.01 to check if our risk estimates are consistent with your expectations.
EnviroGold OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
EnviroGold |
Sharpe Ratio = 0.0809
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ESGLF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 7.76 actual daily | 69 69% of assets are less volatile |
Expected Return
| 0.63 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average EnviroGold Global is performing at about 6% 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 EnviroGold Global by adding it to a well-diversified portfolio.
EnviroGold Global Valuation on September 18, 2024
It is possible to determine the worth of EnviroGold Global on a given historical date. On September 18, 2024 EnviroGold was worth 0.04 at the beginning of the trading date compared to the closed value of 0.0361. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EnviroGold Global otc stock. Still, in general, we apply an absolute valuation method to find EnviroGold Global'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 EnviroGold Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EnviroGold Global's related companies.
| Open | High | Low | Close | Volume | |
| 0.03 | 0.04 | 0.03 | 0.04 | 50,100 | |
09/18/2024 | 0.04 | 0.04 | 0.04 | 0.04 | 8,000 |
| 0.05 | 0.05 | 0.05 | 0.05 | 43,000 |
| Backtest EnviroGold Global | | | EnviroGold Global History | | | EnviroGold Global Valuation | Previous | Next |
EnviroGold Global Trading Date Momentum on September 18, 2024
| On September 19 2024 EnviroGold Global Limited was traded for 0.05 at the closing time. The highest daily price throughout the period was 0.05 and the lowest price was 0.05 . The daily volume was 43 K. The net trading volume on 09/19/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 37.40% . The overall trading delta to current closing price is 59.83% . |
EnviroGold Global Fundamentals Correlations and Trends
By evaluating EnviroGold Global'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 EnviroGold Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. EnviroGold financial account trend analysis is a perfect complement when working with valuation or volatility modules.About EnviroGold Global OTC Stock history
EnviroGold Global 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 EnviroGold is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in EnviroGold Global 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 EnviroGold Global stock prices may prove useful in developing a viable investing in EnviroGold Global
EnviroGold Global Limited operates as a clean technology company in Canada. EnviroGold Global Limited is headquartered in Vancouver, Canada. Envirogold Global operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange. It employs 9 people.
EnviroGold Global OTC Stock Technical Analysis
EnviroGold Global technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
EnviroGold Global Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
EnviroGold Global Limited cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
EnviroGold Global December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how EnviroGold Global otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EnviroGold Global shares will generate the highest return on investment. By undertsting and applying EnviroGold Global otc stock market strength indicators, traders can identify EnviroGold Global Limited entry and exit signals to maximize returns
EnviroGold Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for EnviroGold Global's price direction in advance. Along with the technical and fundamental analysis of EnviroGold OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of EnviroGold 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 | 0.0817 | |||
| Jensen Alpha | 0.7872 | |||
| Total Risk Alpha | (0.48) | |||
| Sortino Ratio | 0.0635 | |||
| Treynor Ratio | 3.48 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for EnviroGold OTC Stock analysis
When running EnviroGold Global's price analysis, check to measure EnviroGold Global'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 EnviroGold Global is operating at the current time. Most of EnviroGold Global's value examination focuses on studying past and present price action to predict the probability of EnviroGold Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EnviroGold Global's price. Additionally, you may evaluate how the addition of EnviroGold Global to your portfolios can decrease your overall portfolio volatility.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |