Gol Linhas Aereas Price on May 23, 2023
GOLDelisted Stock | USD 4.38 0.10 2.34% |
If you're considering investing in Gol Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gol Linhas stands at 4.38, as last reported on the 29th of November, with the highest price reaching 4.43 and the lowest price hitting 4.19 during the day. We have found twenty-nine technical indicators for Gol Linhas Aereas, which you can use to evaluate the volatility of the firm. Please check out Gol Linhas' Risk Adjusted Performance of 0.1621, market risk adjusted performance of 1.38, and Downside Deviation of 4.22 to validate if the risk estimate we provide is consistent with the expected return of 0.0%.
Gol Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Gol |
Sharpe Ratio = 0.0
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Based on monthly moving average Gol Linhas 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 Gol Linhas by adding Gol Linhas to a well-diversified portfolio.
Gol Linhas Valuation on May 23, 2023
It is possible to determine the worth of Gol Linhas on a given historical date. On May 23, 2023 Gol was worth 3.21 at the beginning of the trading date compared to the closed value of 3.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gol Linhas stock. Still, in general, we apply an absolute valuation method to find Gol Linhas' 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 Gol Linhas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gol Linhas' related companies.
Open | High | Low | Close | Volume | |
3.17 | 3.37 | 3.17 | 3.26 | 1,659,261 | |
05/23/2023 | 3.21 | 3.31 | 3.10 | 3.11 | 908,752 |
3.11 | 3.11 | 2.98 | 3.04 | 628,459 |
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Gol Linhas Trading Date Momentum on May 23, 2023
On May 24 2023 Gol Linhas Aereas was traded for 3.04 at the closing time. Highest Gol Linhas's price during the trading hours was 3.11 and the lowest price during the day was 2.98 . The net volume was 628.5 K. The overall trading history on the 24th of May contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 2.25% . The overall trading delta to current price is 18.65% . |
Gol Linhas Aereas Fundamentals Correlations and Trends
By evaluating Gol Linhas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Gol Linhas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gol financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gol Linhas Stock history
Gol Linhas 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 Gol is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gol Linhas Aereas 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 Gol Linhas stock prices may prove useful in developing a viable investing in Gol Linhas
GOL Linhas Areas Inteligentes S.A. provides scheduled and non-scheduled air transportation services for passengers and cargo and maintenance services for aircrafts and components in Brazil, rest of South America, the Caribbean, and the United States. GOL Linhas Areas Inteligentes S.A. was founded in 2000 and is headquartered in So Paulo, Brazil. Gol Linhas operates under Airlines classification in the United States and is traded on New York Stock Exchange. It employs 14290 people.
Gol Linhas Stock Technical Analysis
Gol Linhas 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Gol Linhas Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Gol Linhas Aereas cannot be verified against its exchange. Please verify the symbol is currently traded on New York 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.
Gol Linhas November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Gol Linhas stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gol Linhas shares will generate the highest return on investment. By undertsting and applying Gol Linhas stock market strength indicators, traders can identify Gol Linhas Aereas entry and exit signals to maximize returns
Gol Linhas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gol Linhas' price direction in advance. Along with the technical and fundamental analysis of Gol Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gol 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 | 0.1621 | |||
Jensen Alpha | 0.8394 | |||
Total Risk Alpha | 0.221 | |||
Sortino Ratio | 0.1896 | |||
Treynor Ratio | 1.37 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Other Consideration for investing in Gol Stock
If you are still planning to invest in Gol Linhas Aereas check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Gol Linhas' history and understand the potential risks before investing.
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