China Gold International Stock Price on October 30, 2024
CGG Stock | CAD 6.79 0.17 2.44% |
Below is the normalized historical share price chart for China Gold International extending back to May 04, 2001. 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 China Gold stands at 6.79, as last reported on the 21st of December, with the highest price reaching 6.88 and the lowest price hitting 6.79 during the day.
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. China Gold appears to be moderately volatile, given 3 months investment horizon. China Gold International secures Sharpe Ratio (or Efficiency) of 0.0725, which signifies that the company had a 0.0725% return per unit of risk over the last 3 months. We have found thirty technical indicators for China Gold International, which you can use to evaluate the volatility of the firm. Please makes use of China Gold's Risk Adjusted Performance of 0.0794, mean deviation of 2.95, and Downside Deviation of 3.36 to double-check if our risk estimates are consistent with your expectations.
As of the 21st of December 2024, Total Stockholder Equity is likely to drop to about 1 B. In addition to that, Common Stock Shares Outstanding is likely to drop to about 293.3 M. At this time, China Gold's Price Earnings To Growth Ratio is very stable compared to the past year. As of the 21st of December 2024, Price To Operating Cash Flows Ratio is likely to grow to 1,129, while Price To Sales Ratio is likely to drop 3.50. China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 7.5715 | 50 Day MA 6.6692 | Beta 1.839 |
China |
Sharpe Ratio = 0.0725
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Estimated Market Risk
4.02 actual daily | 35 65% of assets are more volatile |
Expected Return
0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average China Gold is performing at about 5% 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 China Gold by adding it to a well-diversified portfolio.
Price Book 1.0933 | Enterprise Value Ebitda 345.905 | Price Sales 7.8672 | Shares Float 237.7 M | Wall Street Target Price 9.5 |
China Gold Valuation on October 30, 2024
It is possible to determine the worth of China Gold on a given historical date. On October 30, 2024 China was worth 6.6 at the beginning of the trading date compared to the closed value of 6.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Gold stock. Still, in general, we apply an absolute valuation method to find China 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 China Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Gold's related companies.
Open | High | Low | Close | Volume | |
6.64 | 6.64 | 6.54 | 6.56 | 24,409 | |
10/30/2024 | 6.60 | 6.75 | 6.60 | 6.74 | 3,801 |
6.61 | 6.61 | 6.26 | 6.40 | 5,453 |
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China Gold Trading Date Momentum on October 30, 2024
On October 31 2024 China Gold International was traded for 6.40 at the closing time. The maximum traded price for the trading interval was 6.61 and the lowest daily price was 6.26 . The daily volume was recorded at 5.5 K. The volume of trading on 31st of October 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 5.04% . The overall trading delta to the closing price today is 9.05% . |
China Gold International Fundamentals Correlations and Trends
By evaluating China 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 China Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. China financial account trend analysis is a perfect complement when working with valuation or volatility modules.About China Gold Stock history
China 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 China is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in China Gold International 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 China Gold stock prices may prove useful in developing a viable investing in China Gold
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 455.9 M | 293.3 M | |
Net Income Applicable To Common Shares | 256.2 M | 269 M |
China Gold Stock Technical Analysis
China 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
China Gold Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
China Gold International 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.
China Gold December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how China 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 China Gold shares will generate the highest return on investment. By undertsting and applying China Gold stock market strength indicators, traders can identify China Gold International entry and exit signals to maximize returns
China Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Gold's price direction in advance. Along with the technical and fundamental analysis of China Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of China 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 | 0.0794 | |||
Jensen Alpha | 0.3585 | |||
Total Risk Alpha | 0.2394 | |||
Sortino Ratio | 0.0982 | |||
Treynor Ratio | (1.16) |
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Other Information on Investing in China Stock
China Gold financial ratios help investors to determine whether China 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 China with respect to the benefits of owning China Gold security.