Gold Road (Australia) Price on June 27, 2023
| GOR Stock | 2.11 0.05 2.31% |
Below is the normalized historical share price chart for Gold Road Resources extending back to July 03, 2006. 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 Gold Road stands at 2.11, as last reported on the 14th of December 2024, with the highest price reaching 2.13 and the lowest price hitting 2.09 during the day.
If you're considering investing in Gold Stock, it is important to understand the factors that can impact its price. Gold Road appears to be risky, given 3 months investment horizon. Gold Road Resources holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Gold Road Resources, which you can use to evaluate the volatility of the firm. Please utilize Gold Road's Risk Adjusted Performance of 0.1408, market risk adjusted performance of (0.39), and Downside Deviation of 2.16 to validate if our risk estimates are consistent with your expectations.
At this time, Gold Road's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 246.3 M in 2024, whereas Capital Stock is likely to drop slightly above 310 M in 2024. . Gold Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of June 2006 | 200 Day MA 1.7202 | 50 Day MA 1.8937 | Beta 0.567 |
Gold |
Sharpe Ratio = 0.196
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Estimated Market Risk
| 2.14 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Gold Road is performing at about 15% 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 Gold Road by adding it to a well-diversified portfolio.
Price Book 2.461 | Enterprise Value Ebitda 10.7151 | Price Sales 5.029 | Shares Float 1 B | Dividend Share 0.015 |
Gold Road Valuation on June 27, 2023
It is possible to determine the worth of Gold Road on a given historical date. On June 27, 2023 Gold was worth 1.51 at the beginning of the trading date compared to the closed value of 1.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gold Road stock. Still, in general, we apply an absolute valuation method to find Gold Road'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 Gold Road where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gold Road's related companies.
| Open | High | Low | Close | Volume | |
| 1.48 | 1.52 | 1.48 | 1.50 | 5,968,125 | |
06/27/2023 | 1.51 | 1.53 | 1.49 | 1.50 | 2,872,781 |
| 1.49 | 1.52 | 1.48 | 1.52 | 3,504,937 |
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Gold Road Trading Date Momentum on June 27, 2023
| On June 28 2023 Gold Road Resources was traded for 1.52 at the closing time. The maximum traded price for the trading interval was 1.52 and the lowest daily price was 1.48 . The daily volume was recorded at 3.5 M. The volume of trading on 28th of June 2023 played a part in the next trading day price appreciation. The overall trading delta to the next closing price was 1.33% . The overall trading delta to the closing price today is 0.67% . |
Gold Road Resources Fundamentals Correlations and Trends
By evaluating Gold Road'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 Gold Road's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gold financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gold Road Stock history
Gold Road 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 Gold is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gold Road 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 Gold Road stock prices may prove useful in developing a viable investing in Gold Road
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.1 B | 661.1 M | |
| Net Income Applicable To Common Shares | 73.3 M | 39.8 M |
Gold Road Quarterly Net Working Capital |
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Gold Road Stock Technical Analysis
Gold Road 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
Gold Road Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Gold Road Resources cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Gold Road December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Gold Road stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gold Road shares will generate the highest return on investment. By undertsting and applying Gold Road stock market strength indicators, traders can identify Gold Road Resources entry and exit signals to maximize returns
Gold Road Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gold Road's price direction in advance. Along with the technical and fundamental analysis of Gold Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gold 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 | 0.1408 | |||
| Jensen Alpha | 0.4731 | |||
| Total Risk Alpha | 0.1199 | |||
| Sortino Ratio | 0.1365 | |||
| Treynor Ratio | (0.40) |
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Additional Tools for Gold Stock Analysis
When running Gold Road's price analysis, check to measure Gold Road'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 Gold Road is operating at the current time. Most of Gold Road's value examination focuses on studying past and present price action to predict the probability of Gold Road's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold Road's price. Additionally, you may evaluate how the addition of Gold Road to your portfolios can decrease your overall portfolio volatility.