Galane Gold Stock Price on May 26, 2023
| GGGOF Stock | USD 0.19 0.02 9.52% |
If you're considering investing in Galane OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Galane Gold stands at 0.19, as last reported on the 12th of December 2024, with the highest price reaching 0.20 and the lowest price hitting 0.19 during the day. Galane Gold appears to be out of control, given 3 months investment horizon. Galane Gold holds Efficiency (Sharpe) Ratio of 0.0316, which attests that the entity had a 0.0316% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Galane Gold, which you can use to evaluate the volatility of the firm. Please utilize Galane Gold's Risk Adjusted Performance of 0.043, downside deviation of 9.54, and Market Risk Adjusted Performance of 0.7389 to validate if our risk estimates are consistent with your expectations.
Galane OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Galane |
Sharpe Ratio = 0.0316
| Best Portfolio | Best Equity | |||
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Estimated Market Risk
| 6.63 actual daily | 59 59% of assets are less volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Galane 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 Galane Gold by adding it to a well-diversified portfolio.
Galane Gold Valuation on May 26, 2023
It is possible to determine the worth of Galane Gold on a given historical date. On May 26, 2023 Galane was worth 0.18 at the beginning of the trading date compared to the closed value of 0.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Galane Gold otc stock. Still, in general, we apply an absolute valuation method to find Galane 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 Galane Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Galane Gold's related companies.
| Open | High | Low | Close | Volume | |
| 0.20 | 0.20 | 0.20 | 0.20 | 1.00 | |
05/26/2023 | 0.18 | 0.18 | 0.18 | 0.18 | 2,000 |
| 0.15 | 0.15 | 0.14 | 0.14 | 48,620 |
| Backtest Galane Gold | | | Galane Gold History | | | Galane Gold Valuation | Previous | Next |
Galane Gold Trading Date Momentum on May 26, 2023
| On May 30 2023 Galane Gold was traded for 0.14 at the closing time. The highest daily price throughout the period was 0.15 and the lowest price was 0.14 . The daily volume was 48.6 K. The net trading volume on 05/30/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 22.22% . The overall trading delta to current closing price is 33.33% . |
Galane Gold Fundamentals Correlations and Trends
By evaluating Galane 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 Galane Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Galane financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Galane Gold OTC Stock history
Galane 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 Galane is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Galane 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 Galane Gold stock prices may prove useful in developing a viable investing in Galane Gold
Galane Gold Ltd., through its subsidiary, Galane Gold Mines Ltd., engages in the exploration, development, and operation of gold mining properties. The company was incorporated in 2007 and is headquartered in Toronto, Canada. GALANE GOLD operates under Gold classification in the United States and is traded on PNK Exchange. It employs 209 people.
Galane Gold OTC Stock Technical Analysis
Galane Gold technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Galane Gold Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Galane Gold cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
Galane Gold December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Galane Gold otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Galane Gold shares will generate the highest return on investment. By undertsting and applying Galane Gold otc stock market strength indicators, traders can identify Galane Gold entry and exit signals to maximize returns
Galane Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Galane Gold's price direction in advance. Along with the technical and fundamental analysis of Galane OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Galane 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 | 0.043 | |||
| Jensen Alpha | 0.286 | |||
| Total Risk Alpha | (0.84) | |||
| Sortino Ratio | 0.0236 | |||
| Treynor Ratio | 0.7289 |
| Cycle Indicators | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Galane OTC Stock analysis
When running Galane Gold's price analysis, check to measure Galane 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 Galane Gold is operating at the current time. Most of Galane Gold's value examination focuses on studying past and present price action to predict the probability of Galane 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 Galane Gold's price. Additionally, you may evaluate how the addition of Galane Gold to your portfolios can decrease your overall portfolio volatility.
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