Majestic Gold Corp Stock Price on November 30, 2024
| MJS Stock | CAD 0.08 0.00 0.00% |
Below is the normalized historical share price chart for Majestic Gold Corp extending back to January 06, 1997. 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 Majestic Gold stands at 0.08, as last reported on the 30th of November, with the highest price reaching 0.08 and the lowest price hitting 0.08 during the day.
If you're considering investing in Majestic Stock, it is important to understand the factors that can impact its price. Majestic Gold appears to be out of control, given 3 months investment horizon. Majestic Gold Corp has Sharpe Ratio of 0.0984, which conveys that the firm had a 0.0984% return per unit of risk over the last 3 months. We have found nineteen technical indicators for Majestic Gold, which you can use to evaluate the volatility of the firm. Please exercise Majestic Gold's Mean Deviation of 2.3, risk adjusted performance of 0.0772, and Standard Deviation of 4.89 to check out if our risk estimates are consistent with your expectations.
At this time, Majestic Gold's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 196.6 M in 2024, whereas Common Stock is likely to drop slightly above 113.1 M in 2024. . At this time, Majestic Gold's Price Earnings Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to climb to 0.55 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (0.12). Majestic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0711 | 50 Day MA 0.0816 | Beta 1.288 |
Majestic |
Sharpe Ratio = 0.0984
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Estimated Market Risk
| 4.39 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Majestic Gold is performing at about 7% 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 Majestic Gold by adding it to a well-diversified portfolio.
Price Book 0.5392 | Enterprise Value Ebitda 0.5954 | Price Sales 1.3883 | Shares Float 908.6 M | Earnings Share 0.02 |
Majestic Gold Valuation on November 30, 2024
It is possible to determine the worth of Majestic Gold on a given historical date. On November 30, 2024 Majestic was worth 0.08 at the beginning of the trading date compared to the closed value of 0.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Majestic Gold stock. Still, in general, we apply an absolute valuation method to find Majestic Gold'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 Majestic Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Majestic Gold's related companies.
| Open | High | Low | Close | Volume | |
| 0.08 | 0.08 | 0.08 | 0.08 | 50,100 | |
11/30/2024 | 0.08 | 0.08 | 0.08 | 0.08 | 0.00 |
| Backtest Majestic Gold | | | Majestic Gold History | | | Majestic Gold Valuation | Previous |
Majestic Gold Trading Date Momentum on November 30, 2024
| On November 30 2024 Majestic Gold Corp was traded for 0.08 at the closing time. The highest daily price throughout the period was 0.08 and the lowest price was 0.08 . There was no trading activity during the period 0.0. Lack of trading volume on 11/30/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Majestic Gold Corp Fundamentals Correlations and Trends
By evaluating Majestic Gold'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 Majestic Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Majestic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Majestic Gold Stock history
Majestic Gold 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 Majestic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Majestic Gold Corp 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 Majestic Gold stock prices may prove useful in developing a viable investing in Majestic Gold
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1 B | 561.9 M | |
| Net Income Applicable To Common Shares | 5.2 M | 5.4 M |
Majestic Gold Stock Technical Analysis
Majestic Gold 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
Majestic Gold Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Majestic Gold Corp cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Majestic Gold November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Majestic Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Majestic Gold shares will generate the highest return on investment. By undertsting and applying Majestic Gold stock market strength indicators, traders can identify Majestic Gold Corp entry and exit signals to maximize returns
Majestic Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Majestic Gold's price direction in advance. Along with the technical and fundamental analysis of Majestic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Majestic 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 | 0.0772 | |||
| Jensen Alpha | 0.5188 | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (0.62) |
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Additional Tools for Majestic Stock Analysis
When running Majestic Gold's price analysis, check to measure Majestic Gold'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 Majestic Gold is operating at the current time. Most of Majestic Gold's value examination focuses on studying past and present price action to predict the probability of Majestic Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Majestic Gold's price. Additionally, you may evaluate how the addition of Majestic Gold to your portfolios can decrease your overall portfolio volatility.