Gold Royalty Corp Stock Price on November 29, 2024
| GROY Stock | USD 1.29 0.01 0.78% |
If you're considering investing in Gold Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gold Royalty stands at 1.29, as last reported on the 29th of November, with the highest price reaching 1.30 and the lowest price hitting 1.28 during the day. At this stage we consider Gold Stock to be risky. Gold Royalty Corp holds Efficiency (Sharpe) Ratio of 0.0181, which attests that the entity had a 0.0181% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Gold Royalty Corp, which you can use to evaluate the volatility of the firm. Please check out Gold Royalty's Risk Adjusted Performance of (0.01), market risk adjusted performance of (3.68), and Standard Deviation of 2.82 to validate if the risk estimate we provide is consistent with the expected return of 0.0514%.
At this time, Gold Royalty's Liabilities And Stockholders Equity is fairly stable compared to the past year. Common Stock is likely to rise to about 665.4 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 352.6 M in 2024. . At this time, Gold Royalty's Price Book Value Ratio is fairly stable compared to the past year. Price To Book Ratio is likely to rise to 0.61 in 2024, whereas Price To Sales Ratio is likely to drop 120.87 in 2024. Gold Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Gold |
Sharpe Ratio = 0.0181
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Estimated Market Risk
| 2.84 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Gold Royalty is performing at about 1% 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 Royalty by adding it to a well-diversified portfolio.
Price Book 0.3865 | Enterprise Value Ebitda (19.59) | Price Sales 27.9137 | Shares Float 128.2 M | Wall Street Target Price 3.2083 |
Gold Royalty Valuation on November 29, 2024
It is possible to determine the worth of Gold Royalty on a given historical date. On November 29, 2024 Gold was worth 1.29 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 Gold Royalty stock. Still, in general, we apply an absolute valuation method to find Gold Royalty'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 Royalty where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gold Royalty's related companies.
| Open | High | Low | Close | Volume | |
| 1.29 | 1.30 | 1.26 | 1.28 | 0.00 | |
11/29/2024 | 1.29 | 1.30 | 1.28 | 1.29 | 189,299 |
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Gold Royalty Trading Date Momentum on November 29, 2024
| On November 29 2024 Gold Royalty Corp was traded for 1.29 at the closing time. The top price for the day was 1.30 and the lowest listed price was 1.28 . The trading volume for the day was 189.3 K. The trading history from November 29, 2024 did not cause price change. The overall trading delta against the current closing price is 0.00% . |
Gold Royalty Corp Fundamentals Correlations and Trends
By evaluating Gold Royalty'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 Royalty'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 Royalty Stock history
Gold Royalty 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 Royalty Corp 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 Royalty stock prices may prove useful in developing a viable investing in Gold Royalty
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 144.7 M | 90.6 M | |
| Net Loss | -15.6 M | -16.4 M |
Gold Royalty Quarterly Net Working Capital |
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Gold Royalty Stock Technical Analysis
Gold Royalty 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 Royalty Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Gold Royalty Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT 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 Royalty November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Gold Royalty 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 Royalty shares will generate the highest return on investment. By undertsting and applying Gold Royalty stock market strength indicators, traders can identify Gold Royalty Corp entry and exit signals to maximize returns
Gold Royalty Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gold Royalty'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 | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (3.69) |
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Additional Tools for Gold Stock Analysis
When running Gold Royalty's price analysis, check to measure Gold Royalty'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 Royalty is operating at the current time. Most of Gold Royalty's value examination focuses on studying past and present price action to predict the probability of Gold Royalty'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 Royalty's price. Additionally, you may evaluate how the addition of Gold Royalty to your portfolios can decrease your overall portfolio volatility.