Goliath Resources Stock Price on September 16, 2024
GOT Stock | CAD 1.12 0.03 2.75% |
If you're considering investing in Goliath Stock, it is important to understand the factors that can impact its price. As of today, the current price of Goliath Resources stands at 1.12, as last reported on the 13th of December 2024, with the highest price reaching 1.18 and the lowest price hitting 1.09 during the day. Goliath Resources holds Efficiency (Sharpe) Ratio of -0.0635, which attests that the entity had a -0.0635% return per unit of risk over the last 3 months. Goliath Resources exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Goliath Resources' Risk Adjusted Performance of (0.04), standard deviation of 2.85, and Market Risk Adjusted Performance of (0.20) to validate the risk estimate we provide.
Goliath Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Goliath |
Sharpe Ratio = -0.0635
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Estimated Market Risk
2.85 actual daily | 25 75% of assets are more volatile |
Expected Return
-0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Goliath Resources 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 Goliath Resources by adding Goliath Resources to a well-diversified portfolio.
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Goliath Resources Valuation on September 16, 2024
It is possible to determine the worth of Goliath Resources on a given historical date. On September 16, 2024 Goliath was worth 1.28 at the beginning of the trading date compared to the closed value of 1.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Goliath Resources stock. Still, in general, we apply an absolute valuation method to find Goliath Resources' 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 Goliath Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Goliath Resources' related companies.
Open | High | Low | Close | Volume | |
1.26 | 1.30 | 1.25 | 1.28 | 236,907 | |
09/16/2024 | 1.28 | 1.31 | 1.28 | 1.29 | 171,963 |
1.29 | 1.33 | 1.29 | 1.33 | 66,688 |
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Goliath Resources Trading Date Momentum on September 16, 2024
On September 17 2024 Goliath Resources was traded for 1.33 at the closing time. The highest daily price throughout the period was 1.33 and the lowest price was 1.29 . The daily volume was 66.7 K. The net trading volume on 09/17/2024 added to the next day price increase. The overall trading delta to closing price of the next trading day was 3.10% . The overall trading delta to current closing price is 0.78% . |
Goliath Resources Fundamentals Correlations and Trends
By evaluating Goliath Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Goliath Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Goliath financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Goliath Resources Stock history
Goliath Resources 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 Goliath is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Goliath 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 Goliath Resources stock prices may prove useful in developing a viable investing in Goliath Resources
Goliath Resources Limited operates as a precious metals exploration company in northwestern British Columbia, Canada. It has an option to acquire 100 percent interests in four properties that include the Lucky Strike property, which covers 23,992 hectares located to the north of Terrace the Bingo property that covers 989 hectares located to the southeast of Stewart the Copperhead property covering 4,354 hectares located to the southwest of Smithers and the Golddigger property, which covers 14,220 hectares located to the southeast of Stewart. GOLIATH RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
Goliath Resources Stock Technical Analysis
Goliath Resources 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
Goliath Resources Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Goliath Resources cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Goliath Resources December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Goliath Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Goliath Resources shares will generate the highest return on investment. By undertsting and applying Goliath Resources stock market strength indicators, traders can identify Goliath Resources entry and exit signals to maximize returns
Goliath Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Goliath Resources' price direction in advance. Along with the technical and fundamental analysis of Goliath Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Goliath 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 | (0.04) | |||
Jensen Alpha | (0.27) | |||
Total Risk Alpha | (0.54) | |||
Treynor Ratio | (0.21) |
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Additional Tools for Goliath Stock Analysis
When running Goliath Resources' price analysis, check to measure Goliath Resources' 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 Goliath Resources is operating at the current time. Most of Goliath Resources' value examination focuses on studying past and present price action to predict the probability of Goliath Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goliath Resources' price. Additionally, you may evaluate how the addition of Goliath Resources to your portfolios can decrease your overall portfolio volatility.