Golden Energy (Norway) Price on September 18, 2023

GEOS Stock  NOK 17.25  5.65  24.67%   
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 Energy stands at 17.25, as last reported on the 23rd of November, with the highest price reaching 21.20 and the lowest price hitting 15.80 during the day. Golden Energy Offshore holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of risk over the last 3 months. Golden Energy Offshore exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Golden Energy's Risk Adjusted Performance of (0.06), standard deviation of 5.57, and Market Risk Adjusted Performance of 0.8028 to validate the risk estimate we provide.
  
Golden Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1078

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Estimated Market Risk

 5.57
  actual daily
49
51% of assets are more volatile

Expected Return

 -0.6
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Golden Energy 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 Energy by adding Golden Energy to a well-diversified portfolio.

Golden Energy Valuation on September 18, 2023

It is possible to determine the worth of Golden Energy on a given historical date. On September 18, 2023 Golden was worth 19.8 at the beginning of the trading date compared to the closed value of 18.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Golden Energy stock. Still, in general, we apply an absolute valuation method to find Golden Energy'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 Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Golden Energy's related companies.
 Open High Low Close Volume
  1.02    18.90    18.90    18.90    5,116  
09/18/2023
  19.80    19.80    18.90    18.90    4,425  
  1.02    19.04    19.04    19.04    3,816  
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Open Value
19.8
18.9
Closing Value
36.50
Upside

Golden Energy Trading Date Momentum on September 18, 2023

On September 19 2023 Golden Energy Offshore was traded for  19.04  at the closing time. The highest price during the trading period was 19.04  and the lowest recorded bid was listed for  19.04 . The volume for the day was 3.8 K. This history from September 19, 2023 contributed to the next trading day price upswing. The overall trading delta to the next closing price was 0.74% . The overall trading delta to the current price is 93.65% .

Golden Energy Offshore Fundamentals Correlations and Trends

By evaluating Golden Energy'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 Energy'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 Energy Stock history

Golden Energy 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 Energy Offshore 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 Energy stock prices may prove useful in developing a viable investing in Golden Energy
Golden Energy Offshore Services AS, together with its subsidiaries, engages in the shipping business in Europe and Africa. Golden Energy Offshore Services AS was incorporated in 2013 and is headquartered in Aalesund, Norway. GOLDEN ENGY is traded on Oslo Stock Exchange in Norway.

Golden Energy Stock Technical Analysis

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

Low
November 23, 2024
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High

 0.00 

     

 0.00 

Golden Energy Offshore cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo Stock 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 Energy November 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Golden Energy 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 Energy shares will generate the highest return on investment. By undertsting and applying Golden Energy stock market strength indicators, traders can identify Golden Energy Offshore entry and exit signals to maximize returns

Golden Energy Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Golden Energy'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.

Other Information on Investing in Golden Stock

Golden Energy financial ratios help investors to determine whether Golden 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 Golden with respect to the benefits of owning Golden Energy security.