Steppe Gold Stock Price on December 4, 2024

STGO Stock  CAD 0.66  0.03  4.76%   
Below is the normalized historical share price chart for Steppe Gold extending back to May 22, 2018. 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 Steppe Gold stands at 0.66, as last reported on the 11th of December 2024, with the highest price reaching 0.66 and the lowest price hitting 0.64 during the day.
200 Day MA
0.6757
50 Day MA
0.7366
Beta
1.242
 
Covid
If you're considering investing in Steppe Stock, it is important to understand the factors that can impact its price. As of now, Steppe Stock is abnormally volatile. Steppe Gold owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0308, which indicates the firm had a 0.0308% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Steppe Gold, which you can use to evaluate the volatility of the company. Please validate Steppe Gold's Risk Adjusted Performance of 0.0257, coefficient of variation of 4089.07, and Semi Deviation of 2.91 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
  
At this time, Steppe Gold's Total Stockholder Equity is very stable compared to the past year. As of the 11th of December 2024, Common Stock Total Equity is likely to grow to about 65.3 M, while Common Stock Shares Outstanding is likely to drop about 57.9 M. . At this time, Steppe Gold's Price Earnings Ratio is very stable compared to the past year. As of the 11th of December 2024, Price To Operating Cash Flows Ratio is likely to grow to 6.85, while Price To Sales Ratio is likely to drop 0.94. Steppe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0308

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Estimated Market Risk

 3.52
  actual daily
31
69% of assets are more volatile

Expected Return

 0.11
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Steppe Gold is performing at about 2% 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 Steppe Gold by adding it to a well-diversified portfolio.
Price Book
1.1545
Enterprise Value Ebitda
12.1015
Price Sales
3.0233
Shares Float
95.1 M
Wall Street Target Price
1.8756

Steppe Gold Valuation on December 4, 2024

It is possible to determine the worth of Steppe Gold on a given historical date. On December 4, 2024 Steppe was worth 0.64 at the beginning of the trading date compared to the closed value of 0.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Steppe Gold stock. Still, in general, we apply an absolute valuation method to find Steppe 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 Steppe Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Steppe Gold's related companies.
 Open High Low Close Volume
  0.65    0.65    0.62    0.63    326,366  
12/04/2024
  0.64    0.65    0.62    0.63    149,700  
  0.63    0.65    0.63    0.64    24,600  
Backtest Steppe Gold  |  Steppe Gold History  |  Steppe Gold Valuation   PreviousNext  
Open Value
0.64
0.63
Closing Value
11.21
Upside

Steppe Gold Trading Date Momentum on December 4, 2024

On December 05 2024 Steppe Gold was traded for  0.64  at the closing time. The highest price during the trading period was 0.65  and the lowest recorded bid was listed for  0.63 . The volume for the day was 24.6 K. This history from December 5, 2024 contributed to the next trading day price boost. The trading price change to the next closing price was 1.59% . The trading price change to the current price is 3.17% .

Steppe Gold Fundamentals Correlations and Trends

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

About Steppe Gold Stock history

Steppe 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 Steppe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Steppe Gold 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 Steppe Gold stock prices may prove useful in developing a viable investing in Steppe Gold
Last ReportedProjected for Next Year
Common Stock Shares Outstanding94.6 M57.9 M
Net Income Applicable To Common Shares18.3 M19.3 M

Steppe Gold Stock Technical Analysis

Steppe 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.
A focus of Steppe Gold technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Steppe Gold 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

Steppe Gold Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Steppe Gold 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.

Steppe Gold December 11, 2024 Market Strength

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

Steppe Gold Technical and Predictive Indicators

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

Other Information on Investing in Steppe Stock

Steppe Gold financial ratios help investors to determine whether Steppe 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 Steppe with respect to the benefits of owning Steppe Gold security.