Geodrill Limited Stock Price on August 28, 2024
| GEO Stock | CAD 2.86 0.06 2.14% |
If you're considering investing in Geodrill Stock, it is important to understand the factors that can impact its price. As of today, the current price of Geodrill stands at 2.86, as last reported on the 1st of December, with the highest price reaching 2.86 and the lowest price hitting 2.81 during the day. As of now, Geodrill Stock is moderately volatile. Geodrill Limited holds Efficiency (Sharpe) Ratio of 0.0762, which attests that the entity had a 0.0762% return per unit of risk over the last 3 months. We have found thirty technical indicators for Geodrill Limited, which you can use to evaluate the volatility of the firm. Please check out Geodrill's Downside Deviation of 2.31, risk adjusted performance of 0.0647, and Market Risk Adjusted Performance of (0.30) to validate if the risk estimate we provide is consistent with the expected return of 0.17%.
Geodrill Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Geodrill |
Sharpe Ratio = 0.0762
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Estimated Market Risk
| 2.18 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Geodrill 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 Geodrill by adding it to a well-diversified portfolio.
Geodrill Valuation on August 28, 2024
It is possible to determine the worth of Geodrill on a given historical date. On August 28, 2024 Geodrill was worth 2.69 at the beginning of the trading date compared to the closed value of 2.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Geodrill stock. Still, in general, we apply an absolute valuation method to find Geodrill'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 Geodrill where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Geodrill's related companies.
| Open | High | Low | Close | Volume | |
| 2.71 | 2.75 | 2.69 | 2.69 | 9,000 | |
08/28/2024 | 2.69 | 2.71 | 2.69 | 2.71 | 2,100 |
| 2.75 | 2.76 | 2.71 | 2.74 | 22,300 |
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Geodrill Trading Date Momentum on August 28, 2024
| On August 29 2024 Geodrill Limited was traded for 2.74 at the closing time. The maximum traded price for the trading interval was 2.76 and the lowest daily price was 2.71 . The daily volume was recorded at 22.3 K. The volume of trading on 29th of August 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 1.11% . The overall trading delta to the closing price today is 5.90% . |
Geodrill Limited Fundamentals Correlations and Trends
By evaluating Geodrill'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 Geodrill's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Geodrill financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Geodrill Stock history
Geodrill 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 Geodrill is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Geodrill Limited 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 Geodrill stock prices may prove useful in developing a viable investing in Geodrill
Geodrill Limited, together with its subsidiaries, provides exploration and development drilling services to various mining companies with exploration, development, and production operations in West Africa and the African copper belt. Geodrill Limited was founded in 1998 and is headquartered in Douglas, Isle of Man. GEODRILL operates under Industrial Metals Minerals classification in Canada and is traded on Toronto Stock Exchange. It employs 34 people.
Geodrill Stock Technical Analysis
Geodrill 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
Geodrill Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Geodrill Limited 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.
Geodrill December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Geodrill stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Geodrill shares will generate the highest return on investment. By undertsting and applying Geodrill stock market strength indicators, traders can identify Geodrill Limited entry and exit signals to maximize returns
Geodrill Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Geodrill's price direction in advance. Along with the technical and fundamental analysis of Geodrill Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Geodrill 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 | 0.0647 | |||
| Jensen Alpha | 0.2203 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0124 | |||
| Treynor Ratio | (0.31) |
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Other Information on Investing in Geodrill Stock
Geodrill financial ratios help investors to determine whether Geodrill Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Geodrill with respect to the benefits of owning Geodrill security.