Golden Lake Exploration Stock Price on November 14, 2024
| GOLXF Stock | USD 0.04 0.01 23.79% |
If you're considering investing in Golden OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Golden Lake stands at 0.04, as last reported on the 27th of November, with the highest price reaching 0.04 and the lowest price hitting 0.03 during the day. Golden Lake Exploration holds Efficiency (Sharpe) Ratio of -0.0113, which attests that the entity had a -0.0113% return per unit of risk over the last 3 months. Golden Lake Exploration exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Golden Lake's Market Risk Adjusted Performance of 0.0374, downside deviation of 9.07, and Risk Adjusted Performance of 0.0143 to validate the risk estimate we provide.
Golden OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Golden |
Sharpe Ratio = -0.0113
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Estimated Market Risk
| 8.73 actual daily | 77 77% of assets are less volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Golden Lake 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 Golden Lake by adding Golden Lake to a well-diversified portfolio.
Golden Lake Valuation on November 14, 2024
It is possible to determine the worth of Golden Lake on a given historical date. On November 14, 2024 Golden was worth 0.0289 at the beginning of the trading date compared to the closed value of 0.026. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Golden Lake otc stock. Still, in general, we apply an absolute valuation method to find Golden Lake'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 Lake where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Golden Lake's related companies.
| Open | High | Low | Close | Volume | |
| 0.03 | 0.03 | 0.03 | 0.03 | 241,100 | |
11/14/2024 | 0.03 | 0.03 | 0.03 | 0.03 | 144,710 |
| 0.03 | 0.03 | 0.03 | 0.03 | 9,000 |
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Golden Lake Trading Date Momentum on November 14, 2024
| On November 15 2024 Golden Lake Exploration was traded for 0.03 at the closing time. The highest daily price throughout the period was 0.03 and the lowest price was 0.03 . The daily volume was 9 K. The net trading volume on 11/15/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 12.31% . The overall trading delta to current closing price is 25.00% . |
Golden Lake Exploration Fundamentals Correlations and Trends
By evaluating Golden Lake'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 Lake'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 Lake OTC Stock history
Golden Lake 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 Lake Exploration 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 Lake stock prices may prove useful in developing a viable investing in Golden Lake
Golden Lake Exploration Inc., a junior mining exploration company, engages in the acquisition, exploration, and development of mineral property assets. Golden Lake Exploration Inc. was incorporated in 2018 and is based in Vancouver, Canada. Golden Lake operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Golden Lake OTC Stock Technical Analysis
Golden Lake 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
Golden Lake Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Golden Lake Exploration cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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 Lake November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Golden Lake 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 Golden Lake shares will generate the highest return on investment. By undertsting and applying Golden Lake otc stock market strength indicators, traders can identify Golden Lake Exploration entry and exit signals to maximize returns
Golden Lake Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Golden Lake's price direction in advance. Along with the technical and fundamental analysis of Golden OTC 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 | 0.0143 | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (1.32) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0274 |
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| Volume Indicators |
Complementary Tools for Golden OTC Stock analysis
When running Golden Lake's price analysis, check to measure Golden Lake'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 Lake is operating at the current time. Most of Golden Lake's value examination focuses on studying past and present price action to predict the probability of Golden Lake'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 Lake's price. Additionally, you may evaluate how the addition of Golden Lake to your portfolios can decrease your overall portfolio volatility.
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