Golden Metal (UK) Price on November 18, 2024
| GMET Stock | 29.50 0.50 1.67% |
If you're considering investing in Golden Stock, it is important to understand the factors that can impact its price. As of today, the current price of Golden Metal stands at 29.50, as last reported on the 12th of December 2024, with the highest price reaching 30.98 and the lowest price hitting 29.00 during the day. Currently, Golden Metal Resources is not too volatile. Golden Metal Resources holds Efficiency (Sharpe) Ratio of 0.0269, which attests that the entity had a 0.0269% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Golden Metal Resources, which you can use to evaluate the volatility of the firm. Please check out Golden Metal's Downside Deviation of 4.54, market risk adjusted performance of 1.47, and Risk Adjusted Performance of 0.0231 to validate if the risk estimate we provide is consistent with the expected return of 0.12%.
Total Stockholder Equity is likely to drop to about 9.1 M in 2024. Common Stock Shares Outstanding is likely to drop to about 79.7 M in 2024. Golden Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Golden |
Sharpe Ratio = 0.0269
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Estimated Market Risk
| 4.39 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Golden Metal 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 Golden Metal by adding it to a well-diversified portfolio.
Price Book 3.894 | Book Value 0.101 | Enterprise Value 34 M | Enterprise Value Ebitda (14.83) | Price Sales 37 K |
Golden Metal Valuation on November 18, 2024
It is possible to determine the worth of Golden Metal on a given historical date. On November 18, 2024 Golden was worth 26.2 at the beginning of the trading date compared to the closed value of 28.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Golden Metal stock. Still, in general, we apply an absolute valuation method to find Golden Metal'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 Golden Metal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Golden Metal's related companies.
| Open | High | Low | Close | Volume | |
| 23.50 | 23.50 | 22.08 | 23.50 | 151,688 | |
11/18/2024 | 26.20 | 30.95 | 26.20 | 28.50 | 955,415 |
| 28.50 | 30.00 | 27.00 | 28.50 | 251,897 |
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Golden Metal Trading Date Momentum on November 18, 2024
| On November 19 2024 Golden Metal Resources was traded for 28.50 at the closing time. The highest price during the trading period was 30.00 and the lowest recorded bid was listed for 27.00 . The volume for the day was 251.9 K. This history from November 19, 2024 did not cause price change. The overall trading delta to the current price is 10.32% . |
Golden Metal Resources Fundamentals Correlations and Trends
By evaluating Golden Metal'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 Golden Metal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Golden financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Golden Metal Stock history
Golden Metal 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 Golden is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Golden Metal Resources 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 Golden Metal stock prices may prove useful in developing a viable investing in Golden Metal
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 97.8 M | 79.7 M |
Golden Metal Stock Technical Analysis
Golden Metal 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
Golden Metal Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Golden Metal Resources cannot be verified against its exchange. Please verify the symbol is currently traded on London 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.
Golden Metal December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Golden Metal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Golden Metal shares will generate the highest return on investment. By undertsting and applying Golden Metal stock market strength indicators, traders can identify Golden Metal Resources entry and exit signals to maximize returns
Golden Metal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Golden Metal's price direction in advance. Along with the technical and fundamental analysis of Golden Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Golden 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 | 0.0231 | |||
| Jensen Alpha | 0.0726 | |||
| Total Risk Alpha | (0.61) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 1.46 |
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Additional Tools for Golden Stock Analysis
When running Golden Metal's price analysis, check to measure Golden Metal'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 Golden Metal is operating at the current time. Most of Golden Metal's value examination focuses on studying past and present price action to predict the probability of Golden Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Metal's price. Additionally, you may evaluate how the addition of Golden Metal to your portfolios can decrease your overall portfolio volatility.