Gores Holdings IX Price on June 18, 2024
GHIXUDelisted Stock | USD 10.31 0.00 0.00% |
If you're considering investing in Gores Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gores Holdings stands at 10.31, as last reported on the 9th of December, with the highest price reaching 10.31 and the lowest price hitting 10.31 during the day. Gores Holdings IX holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12% return per unit of risk over the last 3 months. Gores Holdings IX exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gores Holdings' Standard Deviation of 0.3232, market risk adjusted performance of 0.7139, and Risk Adjusted Performance of (0.10) to validate the risk estimate we provide.
Gores Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Gores |
Sharpe Ratio = -0.1214
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Estimated Market Risk
0.33 actual daily | 2 98% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gores Holdings is not performing at its full potential. However, 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 Gores Holdings by adding Gores Holdings to a well-diversified portfolio.
Gores Holdings Valuation on June 18, 2024
It is possible to determine the worth of Gores Holdings on a given historical date. On June 18, 2024 Gores was worth 11.25 at the beginning of the trading date compared to the closed value of 11.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gores Holdings stock. Still, in general, we apply an absolute valuation method to find Gores Holdings' 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 Gores Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gores Holdings' related companies.
Open | High | Low | Close | Volume | |
11.25 | 11.25 | 11.25 | 11.25 | 1.00 | |
06/18/2024 | 11.25 | 11.25 | 11.25 | 11.25 | 1.00 |
11.25 | 11.25 | 11.25 | 11.25 | 1.00 |
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Gores Holdings Trading Date Momentum on June 18, 2024
On June 20 2024 Gores Holdings IX was traded for 11.25 at the closing time. The highest daily price throughout the period was 11.25 and the lowest price was 11.25 . There was no trading activity during the period 1.0. Lack of trading volume on 06/20/2024 did not cause price change. The overall trading delta to current closing price is 0.00% . |
Gores Holdings IX Fundamentals Correlations and Trends
By evaluating Gores Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Gores Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gores financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gores Holdings Stock history
Gores Holdings 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 Gores is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gores Holdings IX 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 Gores Holdings stock prices may prove useful in developing a viable investing in Gores Holdings
Gores Holdings IX, Inc. focuses on a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Boulder, Colorado. Gores Holdings is traded on NASDAQ Exchange in the United States.
Gores Holdings Stock Technical Analysis
Gores Holdings 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Gores Holdings Period Price Range
Low | December 9, 2024
| High |
0.00 | 0.00 |
Gores Holdings IX cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Gores Holdings December 9, 2024 Market Strength
Market strength indicators help investors to evaluate how Gores Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gores Holdings shares will generate the highest return on investment. By undertsting and applying Gores Holdings stock market strength indicators, traders can identify Gores Holdings IX entry and exit signals to maximize returns
Gores Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gores Holdings' price direction in advance. Along with the technical and fundamental analysis of Gores Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gores 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 | (0.10) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.11) | |||
Treynor Ratio | 0.7039 |
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Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gores Holdings IX. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Other Consideration for investing in Gores Stock
If you are still planning to invest in Gores Holdings IX check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Gores Holdings' history and understand the potential risks before investing.
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