Freegold Ventures Limited Stock Price on May 10, 2023
FGOVF Stock | USD 0.59 0.02 3.51% |
If you're considering investing in Freegold OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Freegold Ventures stands at 0.59, as last reported on the 30th of November, with the highest price reaching 0.59 and the lowest price hitting 0.58 during the day. Freegold Ventures secures Sharpe Ratio (or Efficiency) of -0.0672, which denotes the company had a -0.0672% return per unit of risk over the last 3 months. Freegold Ventures Limited exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Freegold Ventures' Downside Deviation of 4.33, mean deviation of 3.7, and Coefficient Of Variation of 1978.82 to check the risk estimate we provide.
Freegold OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Freegold |
Sharpe Ratio = -0.0672
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Estimated Market Risk
4.11 actual daily | 36 64% of assets are more volatile |
Expected Return
-0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Freegold Ventures 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 Freegold Ventures by adding Freegold Ventures to a well-diversified portfolio.
Freegold Ventures Valuation on May 10, 2023
It is possible to determine the worth of Freegold Ventures on a given historical date. On May 10, 2023 Freegold was worth 0.5 at the beginning of the trading date compared to the closed value of 0.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Freegold Ventures otc stock. Still, in general, we apply an absolute valuation method to find Freegold Ventures' 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 Freegold Ventures where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Freegold Ventures' related companies.
Open | High | Low | Close | Volume | |
0.49 | 0.49 | 0.48 | 0.49 | 125,400 | |
05/10/2023 | 0.50 | 0.51 | 0.49 | 0.51 | 25,700 |
0.49 | 0.51 | 0.48 | 0.48 | 30,447 |
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Freegold Ventures Trading Date Momentum on May 10, 2023
On May 11 2023 Freegold Ventures Limited was traded for 0.48 at the closing time. The highest daily price throughout the period was 0.51 and the lowest price was 0.48 . The daily volume was 30.4 K. The net trading volume on 05/11/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 5.88% . The overall trading delta to current closing price is 5.88% . |
Freegold Ventures Fundamentals Correlations and Trends
By evaluating Freegold Ventures' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Freegold Ventures' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Freegold financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Freegold Ventures OTC Stock history
Freegold Ventures 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 Freegold is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Freegold Ventures 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 Freegold Ventures stock prices may prove useful in developing a viable investing in Freegold Ventures
Freegold Ventures Limited, an exploration stage company, engages in the acquisition, exploration, evaluation, and development of precious and base metal properties in the United States and Canada. Freegold Ventures Limited was incorporated in 1985 and is headquartered in Vancouver, Canada. FREEGOLD VENTURES operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 4 people.
Freegold Ventures OTC Stock Technical Analysis
Freegold Ventures 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
Freegold Ventures Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Freegold Ventures Limited cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.
Freegold Ventures November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Freegold Ventures 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 Freegold Ventures shares will generate the highest return on investment. By undertsting and applying Freegold Ventures otc stock market strength indicators, traders can identify Freegold Ventures Limited entry and exit signals to maximize returns
Freegold Ventures Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Freegold Ventures' price direction in advance. Along with the technical and fundamental analysis of Freegold OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Freegold 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 | 0.0471 | |||
Jensen Alpha | 0.1732 | |||
Total Risk Alpha | (0.61) | |||
Sortino Ratio | 0.0279 | |||
Treynor Ratio | 0.4209 |
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Complementary Tools for Freegold OTC Stock analysis
When running Freegold Ventures' price analysis, check to measure Freegold Ventures' 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 Freegold Ventures is operating at the current time. Most of Freegold Ventures' value examination focuses on studying past and present price action to predict the probability of Freegold Ventures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freegold Ventures' price. Additionally, you may evaluate how the addition of Freegold Ventures to your portfolios can decrease your overall portfolio volatility.
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