Gem Diamonds Limited Stock Price on September 17, 2024
GMDMF Stock | USD 0.11 0.00 0.00% |
If you're considering investing in Gem Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Gem Diamonds stands at 0.11, as last reported on the 1st of December, with the highest price reaching 0.11 and the lowest price hitting 0.11 during the day. Gem Diamonds Limited holds Efficiency (Sharpe) Ratio of -0.19, which attests that the entity had a -0.19% return per unit of risk over the last 3 months. Gem Diamonds Limited exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gem Diamonds' Standard Deviation of 5.51, market risk adjusted performance of (8.52), and Risk Adjusted Performance of (0.06) to validate the risk estimate we provide.
Gem Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Gem |
Sharpe Ratio = -0.1874
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Estimated Market Risk
4.69 actual daily | 41 59% of assets are more volatile |
Expected Return
-0.88 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gem Diamonds 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 Gem Diamonds by adding Gem Diamonds to a well-diversified portfolio.
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Gem Diamonds Valuation on September 17, 2024
It is possible to determine the worth of Gem Diamonds on a given historical date. On September 17, 2024 Gem was worth 0.16 at the beginning of the trading date compared to the closed value of 0.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gem Diamonds pink sheet. Still, in general, we apply an absolute valuation method to find Gem Diamonds' 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 Gem Diamonds where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gem Diamonds' related companies.
Open | High | Low | Close | Volume | |
0.16 | 0.16 | 0.16 | 0.16 | 1.00 | |
09/17/2024 | 0.16 | 0.16 | 0.16 | 0.16 | 1.00 |
0.16 | 0.16 | 0.16 | 0.16 | 1.00 |
Backtest Gem Diamonds | | | Gem Diamonds History | | | Gem Diamonds Valuation | Previous | Next |
Gem Diamonds Trading Date Momentum on September 17, 2024
On September 18 2024 Gem Diamonds Limited was traded for 0.16 at the closing time. The highest daily price throughout the period was 0.16 and the lowest price was 0.16 . There was no trading activity during the period 1.0. Lack of trading volume on 09/18/2024 did not cause price change. The overall trading delta to current closing price is 18.75% . |
Gem Diamonds Limited Fundamentals Correlations and Trends
By evaluating Gem Diamonds' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Gem Diamonds' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gem financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gem Diamonds Pink Sheet history
Gem Diamonds 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 Gem is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gem Diamonds Limited 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 Gem Diamonds stock prices may prove useful in developing a viable investing in Gem Diamonds
The companys flagship project is the Leteng mine located in the located in the Maluti Mountains of Lesotho. The company was incorporated in 2005 and is headquartered in London, the United Kingdom. Gem Diamonds operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange. It employs 353 people.
Gem Diamonds Pink Sheet Technical Analysis
Gem Diamonds technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Gem Diamonds Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Gem Diamonds Limited cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Gem Diamonds December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Gem Diamonds pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gem Diamonds shares will generate the highest return on investment. By undertsting and applying Gem Diamonds pink sheet market strength indicators, traders can identify Gem Diamonds Limited entry and exit signals to maximize returns
Gem Diamonds Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gem Diamonds' price direction in advance. Along with the technical and fundamental analysis of Gem Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gem 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 | (0.06) | |||
Jensen Alpha | (0.51) | |||
Total Risk Alpha | (1.43) | |||
Treynor Ratio | (8.53) |
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Volume Indicators |
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When running Gem Diamonds' price analysis, check to measure Gem Diamonds' 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 Gem Diamonds is operating at the current time. Most of Gem Diamonds' value examination focuses on studying past and present price action to predict the probability of Gem Diamonds' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gem Diamonds' price. Additionally, you may evaluate how the addition of Gem Diamonds to your portfolios can decrease your overall portfolio volatility.
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