Golden Heaven Group Stock Price on September 28, 2024

GDHG Stock   1.58  0.10  6.76%   
If you're considering investing in Golden Stock, it is important to understand the factors that can impact its price. As of today, the current price of Golden Heaven stands at 1.58, as last reported on the 24th of November, with the highest price reaching 1.60 and the lowest price hitting 1.42 during the day. Golden Heaven Group holds Efficiency (Sharpe) Ratio of -0.25, which attests that the entity had a -0.25% return per unit of risk over the last 3 months. Golden Heaven Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Golden Heaven's Standard Deviation of 6.87, market risk adjusted performance of (1.12), and Risk Adjusted Performance of (0.19) to validate the risk estimate we provide.
  
At this time, Golden Heaven's Issuance Of Capital Stock is most likely to increase significantly in the upcoming years. . The Golden Heaven's current Price Earnings Ratio is estimated to increase to 2,942, while Price To Sales Ratio is projected to decrease to 306.41. Golden Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2529

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Estimated Market Risk

 6.92
  actual daily
61
61% of assets are less volatile

Expected Return

 -1.75
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.25
  actual daily
0
Most of other assets perform better
Based on monthly moving average Golden Heaven 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 Golden Heaven by adding Golden Heaven to a well-diversified portfolio.
Price Book
0.0966
Enterprise Value Ebitda
2.0156
Price Sales
0.2431
Shares Float
692.7 K
Earnings Share
1.62

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Golden Heaven Valuation on September 28, 2024

It is possible to determine the worth of Golden Heaven on a given historical date. On September 28, 2024 Golden was worth 2.89 at the beginning of the trading date compared to the closed value of 2.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Golden Heaven stock. Still, in general, we apply an absolute valuation method to find Golden Heaven'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 Golden Heaven where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Golden Heaven's related companies.
 Open High Low Close Volume
  2.94    3.02    2.71    2.94    190,615  
09/27/2024
  2.89    2.95    2.76    2.81    152,478  
  2.83    2.85    2.58    2.72    115,831  
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Open Value
2.89
2.81
Closing Value
23.65
Upside

Golden Heaven Trading Date Momentum on September 28, 2024

On September 30 2024 Golden Heaven Group was traded for  2.72  at the closing time. The top price for the day was 2.85  and the lowest listed price was  2.58 . The trading volume for the day was 115.8 K. The trading history from September 30, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.20% . The overall trading delta against the current closing price is 6.41% .

Golden Heaven Group Fundamentals Correlations and Trends

By evaluating Golden Heaven'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 Golden Heaven's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Golden financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Golden Heaven Stock history

Golden Heaven 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 Golden is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Golden Heaven Group 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 Golden Heaven stock prices may prove useful in developing a viable investing in Golden Heaven
Last ReportedProjected for Next Year
Common Stock Shares Outstanding46.6 M41.4 M
Net Income Applicable To Common Shares16.5 M14.4 M

Golden Heaven Quarterly Net Working Capital

210,051

Golden Heaven Stock Technical Analysis

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

Golden Heaven Period Price Range

Low
November 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Golden Heaven Group cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Golden Heaven November 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Golden Heaven stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Golden Heaven shares will generate the highest return on investment. By undertsting and applying Golden Heaven stock market strength indicators, traders can identify Golden Heaven Group entry and exit signals to maximize returns

Golden Heaven Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Golden Heaven's price direction in advance. Along with the technical and fundamental analysis of Golden Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Golden 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.

Complementary Tools for Golden Stock analysis

When running Golden Heaven's price analysis, check to measure Golden Heaven'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 Golden Heaven is operating at the current time. Most of Golden Heaven's value examination focuses on studying past and present price action to predict the probability of Golden Heaven's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Heaven's price. Additionally, you may evaluate how the addition of Golden Heaven to your portfolios can decrease your overall portfolio volatility.
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