Gold Fields Price on October 2, 2024
GFI Crypto | USD 1.41 0.03 2.08% |
If you're considering investing in Gold Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Gold Fields stands at 1.41, as last reported on the 22nd of November, with the highest price reaching 1.42 and the lowest price hitting 1.40 during the day. Gold Fields holds Efficiency (Sharpe) Ratio of -0.15, which attests that digital coin had a -0.15% return per unit of risk over the last 3 months. Gold Fields exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gold Fields' Standard Deviation of 5.14, market risk adjusted performance of (0.64), and Risk Adjusted Performance of (0.12) to validate the risk estimate we provide.
Gold Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Gold |
Sharpe Ratio = -0.1524
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | GFI |
Estimated Market Risk
5.15 actual daily | 45 55% of assets are more volatile |
Expected Return
-0.78 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gold Fields 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 Gold Fields by adding Gold Fields to a well-diversified portfolio.
Gold Fields Valuation on October 2, 2024
It is possible to determine the worth of Gold Fields on a given historical date. On October 2, 2024 Gold was worth 2.16 at the beginning of the trading date compared to the closed value of 2.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gold Fields crypto coin. Still, in general, we apply an absolute valuation method to find Gold Fields' 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 Gold Fields where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gold Fields' related companies.
Open | High | Low | Close | Volume | |
2.17 | 2.24 | 2.14 | 2.16 | 142,461 | |
10/02/2024 | 2.16 | 2.23 | 2.09 | 2.20 | 160,707 |
2.20 | 2.29 | 2.14 | 2.25 | 289,130 |
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Gold Fields Trading Date Momentum on October 2, 2024
On October 03 2024 Goldfinch was traded for 2.25 at the closing time. The maximum traded price for the trading interval was 2.29 and the lowest daily price was 2.14 . The daily volume was recorded at 289.1 K. The volume of trading on 3rd of October 2024 played a part in the next trading day price growth. The overall trading delta to the next closing price was 2.27% . The overall trading delta to the closing price today is 4.55% . |
About Gold Fields Crypto Coin history
Gold Fields 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 Gold is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gold Fields 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.
Gold Fields Crypto Coin Technical Analysis
Gold Fields technical crypto coin 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, crypto market cycles, or different charting patterns.
Price Boundaries
Gold Fields Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Goldfinch cannot be verified against its exchange. Please verify the symbol is currently traded on CRYPTO Exchanges. 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.
Gold Fields November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Gold Fields crypto coin reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gold Fields shares will generate the highest return on investment.
Gold Fields Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gold Fields' price direction in advance. Along with the technical and fundamental analysis of Gold Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gold 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 | (0.12) | |||
Jensen Alpha | (1.03) | |||
Total Risk Alpha | (1.56) | |||
Treynor Ratio | (0.65) |
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Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldfinch. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.