Golden Matrix Group Stock Price on November 14, 2024
| GMGI Stock | USD 2.70 0.07 2.53% |
Below is the normalized historical share price chart for Golden Matrix Group extending back to October 30, 2009. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Golden Matrix stands at 2.70, as last reported on the 24th of November, with the highest price reaching 2.81 and the lowest price hitting 2.62 during the day.
If you're considering investing in Golden Stock, it is important to understand the factors that can impact its price. Golden Matrix appears to be very risky, given 3 months investment horizon. Golden Matrix Group holds Efficiency (Sharpe) Ratio of 0.06, which attests that the entity had a 0.06% return per unit of risk over the last 3 months. We have found thirty technical indicators for Golden Matrix Group, which you can use to evaluate the volatility of the firm. Please utilize Golden Matrix's Downside Deviation of 4.15, risk adjusted performance of 0.0557, and Market Risk Adjusted Performance of 0.1521 to validate if our risk estimates are consistent with your expectations.
As of now, Golden Matrix's Other Stockholder Equity is increasing as compared to previous years. . As of now, Golden Matrix's Price To Free Cash Flows Ratio is increasing as compared to previous years. The Golden Matrix's current Price Cash Flow Ratio is estimated to increase to 23.90, while Price Book Value Ratio is projected to decrease to 2.86. Golden Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of October 2009 | 200 Day MA 2.9556 | 50 Day MA 2.4402 | Beta 1.946 |
Golden |
Sharpe Ratio = 0.06
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | GMGI | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.72 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Golden Matrix 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 Golden Matrix by adding it to a well-diversified portfolio.
Price Book 3.6926 | Enterprise Value Ebitda 542.6179 | Price Sales 3.9747 | Shares Float 18.6 M | Wall Street Target Price 4 |
Golden Matrix Main Headline on 14th of November 2024
Golden Matrix Group insider buys 4,032 in stock by investing.com
Golden Matrix Group insider buys 4,032 in stock
Golden Matrix Valuation on November 14, 2024
It is possible to determine the worth of Golden Matrix on a given historical date. On November 14, 2024 Golden was worth 2.75 at the beginning of the trading date compared to the closed value of 2.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Golden Matrix stock. Still, in general, we apply an absolute valuation method to find Golden Matrix'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 Matrix where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Golden Matrix's related companies.
| Open | High | Low | Close | Volume | |
| 2.93 | 2.94 | 2.60 | 2.71 | 72,944 | |
11/14/2024 | 2.75 | 2.83 | 2.61 | 2.66 | 76,349 |
| 2.68 | 2.70 | 2.49 | 2.49 | 45,977 |
| Backtest Golden Matrix | | | Golden Matrix History | | | Golden Matrix Valuation | Previous | Next |
Golden Matrix Trading Date Momentum on November 14, 2024
| On November 15 2024 Golden Matrix Group was traded for 2.49 at the closing time. The top price for the day was 2.70 and the lowest listed price was 2.49 . The trading volume for the day was 46 K. The trading history from November 15, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 6.39% . The overall trading delta against the current closing price is 4.89% . |
Golden Matrix Group Fundamentals Correlations and Trends
By evaluating Golden Matrix'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 Matrix'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 Matrix Stock history
Golden Matrix 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 Matrix 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 Matrix stock prices may prove useful in developing a viable investing in Golden Matrix
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 41.6 M | 43.7 M | |
| Net Loss | -287.5 K | -301.9 K |
Golden Matrix Stock Technical Analysis
Golden Matrix 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
Golden Matrix Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Golden Matrix 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 Matrix November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Golden Matrix 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 Matrix shares will generate the highest return on investment. By undertsting and applying Golden Matrix stock market strength indicators, traders can identify Golden Matrix Group entry and exit signals to maximize returns
Golden Matrix Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Golden Matrix'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.
| Risk Adjusted Performance | 0.0557 | |||
| Jensen Alpha | 0.0435 | |||
| Total Risk Alpha | (0.48) | |||
| Sortino Ratio | 0.0406 | |||
| Treynor Ratio | 0.1421 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Golden Stock analysis
When running Golden Matrix's price analysis, check to measure Golden Matrix'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 Matrix is operating at the current time. Most of Golden Matrix's value examination focuses on studying past and present price action to predict the probability of Golden Matrix'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 Matrix's price. Additionally, you may evaluate how the addition of Golden Matrix to your portfolios can decrease your overall portfolio volatility.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |