Gogold Resources Stock Price on December 2, 2024
| GLGDF Stock | USD 0.91 0.01 1.09% |
If you're considering investing in GoGold OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of GoGold Resources stands at 0.91, as last reported on the 3rd of December, with the highest price reaching 0.93 and the lowest price hitting 0.91 during the day. GoGold Resources appears to be extremely dangerous, given 3 months investment horizon. GoGold Resources holds Efficiency (Sharpe) Ratio of 0.0598, which attests that the entity had a 0.0598% return per unit of return volatility over the last 3 months. We have found thirty technical indicators for GoGold Resources, which you can use to evaluate the volatility of the firm. Please utilize GoGold Resources' Risk Adjusted Performance of 0.0205, market risk adjusted performance of (0.10), and Semi Deviation of 3.21 to validate if our risk estimates are consistent with your expectations.
GoGold OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
GoGold |
Sharpe Ratio = 0.0598
| Best Portfolio | Best Equity | |||
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| Small Returns | GLGDF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.15 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average GoGold Resources is performing at about 4% 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 GoGold Resources by adding it to a well-diversified portfolio.
GoGold Resources Valuation on December 2, 2024
It is possible to determine the worth of GoGold Resources on a given historical date. On December 2, 2024 GoGold was worth 0.9 at the beginning of the trading date compared to the closed value of 0.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GoGold Resources otc stock. Still, in general, we apply an absolute valuation method to find GoGold Resources' 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 GoGold Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GoGold Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.93 | 0.93 | 0.91 | 0.91 | 33,800 | |
12/02/2024 | 0.90 | 0.91 | 0.90 | 0.91 | 20,690 |
| 0.93 | 0.93 | 0.91 | 0.91 | 0.00 |
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GoGold Resources Trading Date Momentum on December 2, 2024
| On December 03 2024 GoGold Resources was traded for 0.91 at the closing time. The highest daily price throughout the period was 0.93 and the lowest price was 0.91 . There was no trading activity during the period 0.0. Lack of trading volume on 12/03/2024 did not cause price change. The overall trading delta to current closing price is 2.20% . |
GoGold Resources Fundamentals Correlations and Trends
By evaluating GoGold Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among GoGold Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GoGold financial account trend analysis is a perfect complement when working with valuation or volatility modules.About GoGold Resources OTC Stock history
GoGold Resources 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 GoGold is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GoGold Resources 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 GoGold Resources stock prices may prove useful in developing a viable investing in GoGold Resources
GoGold Resources Inc. engages in the exploration, development, and production of gold and silver primarily in Mexico. It also holds an option to acquire 100 percent concessions of the Los Ricos project, which covers 42 concessions with an area of approximately 22,000 hectares situated in the Jalisco State, Mexico. Gogold Res operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.
GoGold Resources OTC Stock Technical Analysis
GoGold Resources 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
GoGold Resources Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
GoGold Resources 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.
GoGold Resources December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how GoGold Resources 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 GoGold Resources shares will generate the highest return on investment. By undertsting and applying GoGold Resources otc stock market strength indicators, traders can identify GoGold Resources entry and exit signals to maximize returns
GoGold Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GoGold Resources' price direction in advance. Along with the technical and fundamental analysis of GoGold OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GoGold 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 | 0.0205 | |||
| Jensen Alpha | 0.1143 | |||
| Total Risk Alpha | (0.57) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.11) |
| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for GoGold OTC Stock analysis
When running GoGold Resources' price analysis, check to measure GoGold Resources' 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 GoGold Resources is operating at the current time. Most of GoGold Resources' value examination focuses on studying past and present price action to predict the probability of GoGold Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoGold Resources' price. Additionally, you may evaluate how the addition of GoGold Resources to your portfolios can decrease your overall portfolio volatility.
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