Gold Springs Resource Stock Price on November 15, 2024
GRCAF Stock | USD 0.05 0.01 19.71% |
If you're considering investing in Gold OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gold Springs stands at 0.05, as last reported on the 4th of December, with the highest price reaching 0.06 and the lowest price hitting 0.05 during the day. Gold Springs Resource holds Efficiency (Sharpe) Ratio of -0.0201, which attests that the entity had a -0.0201% return per unit of risk over the last 3 months. Gold Springs Resource exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gold Springs' Market Risk Adjusted Performance of (0.08), standard deviation of 7.03, and Risk Adjusted Performance of (0.01) to validate the risk estimate we provide.
Gold OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Gold |
Sharpe Ratio = -0.0201
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Estimated Market Risk
7.2 actual daily | 64 64% of assets are less volatile |
Expected Return
-0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gold Springs 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 Gold Springs by adding Gold Springs to a well-diversified portfolio.
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Gold Springs Valuation on November 15, 2024
It is possible to determine the worth of Gold Springs on a given historical date. On November 15, 2024 Gold was worth 0.065 at the beginning of the trading date compared to the closed value of 0.065. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gold Springs otc stock. Still, in general, we apply an absolute valuation method to find Gold Springs' 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 Springs where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gold Springs' related companies.
Open | High | Low | Close | Volume | |
0.07 | 0.07 | 0.07 | 0.07 | 1.00 | |
11/15/2024 | 0.07 | 0.07 | 0.07 | 0.07 | 1.00 |
0.06 | 0.06 | 0.06 | 0.06 | 42,003 |
Backtest Gold Springs | | | Gold Springs History | | | Gold Springs Valuation | Previous | Next |
Gold Springs Trading Date Momentum on November 15, 2024
On November 18 2024 Gold Springs Resource was traded for 0.06 at the closing time. The highest daily price throughout the period was 0.06 and the lowest price was 0.06 . The daily volume was 42 K. The net trading volume on 11/18/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.54% . The overall trading delta to current closing price is 4.62% . |
Gold Springs Resource Fundamentals Correlations and Trends
By evaluating Gold Springs' 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 Springs' 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 Springs OTC Stock history
Gold Springs 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 Springs Resource 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 Springs stock prices may prove useful in developing a viable investing in Gold Springs
Gold Springs Resource Corp. engages in the acquisition, exploration, and development of mineral properties in the United States. Gold Springs Resource Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada. Gold Springs operates under Gold classification in the United States and is traded on OTC Exchange. It employs 2 people.
Gold Springs OTC Stock Technical Analysis
Gold Springs technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Gold Springs Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Gold Springs Resource cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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 Springs December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Gold Springs otc 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 Springs shares will generate the highest return on investment. By undertsting and applying Gold Springs otc stock market strength indicators, traders can identify Gold Springs Resource entry and exit signals to maximize returns
Gold Springs Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gold Springs' price direction in advance. Along with the technical and fundamental analysis of Gold OTC 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 | (0.01) | |||
Jensen Alpha | (0.31) | |||
Total Risk Alpha | (1.10) | |||
Treynor Ratio | (0.09) |
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Volume Indicators |
Complementary Tools for Gold OTC Stock analysis
When running Gold Springs' price analysis, check to measure Gold Springs' 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 Springs is operating at the current time. Most of Gold Springs' value examination focuses on studying past and present price action to predict the probability of Gold Springs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold Springs' price. Additionally, you may evaluate how the addition of Gold Springs to your portfolios can decrease your overall portfolio volatility.
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