Goldshore Resources Stock Analysis

Goldshore OTC Stock Analysis Notes

About 25.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.58. Some equities with similar Price to Book (P/B) outperform the market in the long run. Goldshore Resources recorded a loss per share of 0.11. The entity last dividend was issued on the 5th of August 2020. The firm had 1:6 split on the 4th of June 2021. 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.The quote for Goldshore Resources is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To learn more about Goldshore Resources call Brett Richards at 604-288-4416 or check out https://goldshoreresources.com.

Goldshore Resources Investment Alerts

Goldshore Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 25.82 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Goldshore Resources's market, we take the total number of its shares issued and multiply it by Goldshore Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 27th of January, Goldshore Resources retains the Risk Adjusted Performance of (0.05), standard deviation of 5.31, and Market Risk Adjusted Performance of (0.75). Goldshore Resources technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for Goldshore Resources, which can be compared to its competitors. Please check out Goldshore Resources standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and kurtosis to decide if Goldshore Resources is priced fairly, providing market reflects its last-minute price of 0.19 per share. As Goldshore Resources appears to be a penny stock we also urge to confirm its jensen alpha numbers.

Goldshore Resources Price Movement Analysis

Goldshore Resources Predictive Daily Indicators

Goldshore Resources Forecast Models

Goldshore Resources' time-series forecasting models are one of many Goldshore Resources' otc stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Goldshore Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Goldshore Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Goldshore shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual OTC such as Goldshore Resources. By using and applying Goldshore OTC Stock analysis, traders can create a robust methodology for identifying Goldshore entry and exit points for their positions.

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.