Gol Linhas (Brazil) Price on November 8, 2024
| GOLL4 Preferred Stock | BRL 1.60 0.13 8.84% |
If you're considering investing in Gol Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gol Linhas stands at 1.60, as last reported on the 26th of November, with the highest price reaching 1.66 and the lowest price hitting 1.43 during the day. Gol Linhas appears to be very risky, given 3 months investment horizon. Gol Linhas Areas holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. By evaluating Gol Linhas' technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please utilize Gol Linhas' Downside Deviation of 2.94, risk adjusted performance of 0.1568, and Market Risk Adjusted Performance of 0.8714 to validate if our risk estimates are consistent with your expectations.
Gol Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Gol |
Sharpe Ratio = 0.2006
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Estimated Market Risk
| 3.3 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.66 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Gol Linhas is performing at about 15% 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 Gol Linhas by adding it to a well-diversified portfolio.
Gol Linhas Valuation on November 8, 2024
It is possible to determine the worth of Gol Linhas on a given historical date. On November 8, 2024 Gol was worth 1.1 at the beginning of the trading date compared to the closed value of 1.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gol Linhas preferred 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 | |
| 1.14 | 1.20 | 1.10 | 1.11 | 9,422,800 | |
11/08/2024 | 1.10 | 1.14 | 1.10 | 1.14 | 3,990,500 |
| 1.12 | 1.14 | 1.11 | 1.13 | 1,326,200 |
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Gol Linhas Trading Date Momentum on November 8, 2024
| On November 11 2024 Gol Linhas Areas was traded for 1.13 at the closing time. The highest price during the trading period was 1.14 and the lowest recorded bid was listed for 1.11 . The volume for the day was 1.3 M. This history from November 11, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.88% . The overall trading delta to the current price is 2.63% . |
Gol Linhas Areas 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 Preferred 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 Areas 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 air passenger transportation services in Brazil and rest of South America, the Caribbean, and the United States. GOL Linhas Areas Inteligentes S.A. was founded in 2001 and is headquartered in So Paulo, Brazil. GOL PN operates under Airlines classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 14994 people.
Gol Linhas Preferred Stock Technical Analysis
Gol Linhas technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
Gol Linhas Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Gol Linhas Areas cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo 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 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Gol Linhas preferred 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 preferred stock market strength indicators, traders can identify Gol Linhas Areas 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 Preferred 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 | 0.1568 | |||
| Jensen Alpha | 0.5375 | |||
| Total Risk Alpha | 0.1196 | |||
| Sortino Ratio | 0.1719 | |||
| Treynor Ratio | 0.8614 |
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Additional Tools for Gol Preferred Stock Analysis
When running Gol Linhas' price analysis, check to measure Gol Linhas' 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 Gol Linhas is operating at the current time. Most of Gol Linhas' value examination focuses on studying past and present price action to predict the probability of Gol Linhas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gol Linhas' price. Additionally, you may evaluate how the addition of Gol Linhas to your portfolios can decrease your overall portfolio volatility.