Gear Energy Stock Price on July 30, 2024
| GXE Stock | CAD 0.53 0.01 1.85% |
Below is the normalized historical share price chart for Gear Energy extending back to November 18, 2013. 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 Gear Energy stands at 0.53, as last reported on the 27th of November, with the highest price reaching 0.54 and the lowest price hitting 0.52 during the day.
If you're considering investing in Gear Stock, it is important to understand the factors that can impact its price. Gear Energy holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12% return per unit of standard deviation over the last 3 months. Gear Energy exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gear Energy's risk adjusted performance of (0.06), and Market Risk Adjusted Performance of (0.98) to validate the risk estimate we provide.
As of the 27th of November 2024, Capital Stock is likely to grow to about 376.6 M, while Total Stockholder Equity is likely to drop about 178.1 M. . At this time, Gear Energy's Price To Sales Ratio is very stable compared to the past year. As of the 27th of November 2024, Price Book Value Ratio is likely to grow to 1.03, while Price Earnings Ratio is likely to drop 11.03. Gear Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.6558 | 50 Day MA 0.5702 | Beta 3.497 |
Gear |
Sharpe Ratio = -0.119
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GXE |
Estimated Market Risk
| 2.67 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.32 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gear Energy 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 Gear Energy by adding Gear Energy to a well-diversified portfolio.
Price Book 0.5914 | Enterprise Value Ebitda 2.2308 | Price Sales 1.0712 | Shares Float 250 M | Dividend Share 0.06 |
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Gear Energy Valuation on July 30, 2024
It is possible to determine the worth of Gear Energy on a given historical date. On July 30, 2024 Gear was worth 0.69 at the beginning of the trading date compared to the closed value of 0.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gear Energy stock. Still, in general, we apply an absolute valuation method to find Gear Energy'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 Gear Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gear Energy's related companies.
| Open | High | Low | Close | Volume | |
| 0.70 | 0.70 | 0.69 | 0.69 | 259,000 | |
07/30/2024 | 0.69 | 0.69 | 0.68 | 0.69 | 378,100 |
| 0.70 | 0.72 | 0.69 | 0.72 | 875,200 |
| Backtest Gear Energy | | | Gear Energy History | | | Gear Energy Valuation | Previous | Next |
Gear Energy Trading Date Momentum on July 30, 2024
| On July 31 2024 Gear Energy was traded for 0.72 at the closing time. The maximum traded price for the trading interval was 0.72 and the lowest daily price was 0.69 . The daily volume was recorded at 875.2 K. The volume of trading on 31st of July 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 4.35% . The overall trading delta to the closing price today is 2.90% . |
Gear Energy Fundamentals Correlations and Trends
By evaluating Gear Energy'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 Gear Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gear financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gear Energy Stock history
Gear Energy 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 Gear is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gear Energy 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 Gear Energy stock prices may prove useful in developing a viable investing in Gear Energy
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 263.3 M | 176.9 M | |
| Net Income Applicable To Common Shares | 86.2 M | 90.5 M |
Gear Energy Stock Technical Analysis
Gear Energy 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
Gear Energy Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Gear Energy cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Gear Energy November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Gear Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gear Energy shares will generate the highest return on investment. By undertsting and applying Gear Energy stock market strength indicators, traders can identify Gear Energy entry and exit signals to maximize returns
Gear Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gear Energy's price direction in advance. Along with the technical and fundamental analysis of Gear Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gear 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 | (0.06) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | (0.99) |
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Other Information on Investing in Gear Stock
Gear Energy financial ratios help investors to determine whether Gear Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Gear with respect to the benefits of owning Gear Energy security.