Goldshore Resources Stock Price on June 20, 2024

GSHRF Stock  USD 0.18  0.01  5.26%   
If you're considering investing in Goldshore OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Goldshore Resources stands at 0.18, as last reported on the 27th of November, with the highest price reaching 0.18 and the lowest price hitting 0.18 during the day. Goldshore Resources holds Efficiency (Sharpe) Ratio of -0.0298, which attests that the entity had a -0.0298% return per unit of risk over the last 3 months. Goldshore Resources exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Goldshore Resources' Risk Adjusted Performance of (0.02), market risk adjusted performance of 0.3195, and Standard Deviation of 6.35 to validate the risk estimate we provide.
  
Goldshore OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0298

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Estimated Market Risk

 6.34
  actual daily
56
56% of assets are less volatile

Expected Return

 -0.19
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Goldshore Resources 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 Goldshore Resources by adding Goldshore Resources to a well-diversified portfolio.

Goldshore Resources Valuation on June 20, 2024

It is possible to determine the worth of Goldshore Resources on a given historical date. On June 20, 2024 Goldshore was worth 0.18 at the beginning of the trading date compared to the closed value of 0.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Goldshore Resources otc stock. Still, in general, we apply an absolute valuation method to find Goldshore 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 Goldshore Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Goldshore Resources' related companies.
 Open High Low Close Volume
  0.19    0.19    0.19    0.19    39,592  
06/20/2024
  0.18    0.18    0.18    0.18    5,585  
  0.18    0.20    0.17    0.17    348,700  
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Open Value
0.18
0.18
Closing Value
19.19
Upside

Goldshore Resources Trading Date Momentum on June 20, 2024

On June 21 2024 Goldshore Resources was traded for  0.17  at the closing time. The highest daily price throughout the period was 0.20  and the lowest price was  0.17 . The daily volume was 348.7 K. The net trading volume on 06/21/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 5.56% . The overall trading delta to current closing price is 11.11% .

Goldshore Resources Fundamentals Correlations and Trends

By evaluating Goldshore 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 Goldshore Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Goldshore financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Goldshore Resources OTC Stock history

Goldshore 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 Goldshore is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Goldshore 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 Goldshore Resources stock prices may prove useful in developing a viable investing in Goldshore Resources
Goldshore Resources Inc., a junior gold development company, engages in the acquisition, exploration, and evaluation of natural resource properties in Canada. It owns the Moss Lake gold project consisting of 3 contiguous mining claims located in Ontario. Goldshore Resources is traded on OTC Exchange in the United States.

Goldshore Resources OTC Stock Technical Analysis

Goldshore 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.
A focus of Goldshore Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Goldshore Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Goldshore Resources Period Price Range

Low
November 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Goldshore Resources 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.

Goldshore Resources November 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Goldshore 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 Goldshore Resources shares will generate the highest return on investment. By undertsting and applying Goldshore Resources otc stock market strength indicators, traders can identify Goldshore Resources entry and exit signals to maximize returns

Goldshore Resources Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Goldshore Resources' price direction in advance. Along with the technical and fundamental analysis of Goldshore OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Goldshore 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.

Complementary Tools for Goldshore OTC Stock analysis

When running Goldshore Resources' price analysis, check to measure Goldshore 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 Goldshore Resources is operating at the current time. Most of Goldshore Resources' value examination focuses on studying past and present price action to predict the probability of Goldshore Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goldshore Resources' price. Additionally, you may evaluate how the addition of Goldshore Resources to your portfolios can decrease your overall portfolio volatility.
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