Goviex Uranium Stock Price on March 11, 2024

GXU Stock  CAD 0.06  0.01  8.33%   
Below is the normalized historical share price chart for GoviEx Uranium extending back to July 08, 2016. 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 GoviEx Uranium stands at 0.06, as last reported on the 13th of December 2024, with the highest price reaching 0.06 and the lowest price hitting 0.06 during the day.
200 Day MA
0.0885
50 Day MA
0.0724
Beta
1.486
 
Covid
If you're considering investing in GoviEx Stock, it is important to understand the factors that can impact its price. GoviEx Uranium appears to be out of control, given 3 months investment horizon. GoviEx Uranium holds Efficiency (Sharpe) Ratio of 0.0511, which attests that the entity had a 0.0511% return per unit of risk over the last 3 months. By evaluating GoviEx Uranium's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please utilize GoviEx Uranium's Market Risk Adjusted Performance of (1.94), downside deviation of 13.81, and Risk Adjusted Performance of 0.0703 to validate if our risk estimates are consistent with your expectations.
  
Issuance Of Capital Stock is likely to climb to about 22.5 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 60.5 M in 2024. . Price Earnings Ratio is likely to drop to -5.94 in 2024. Price Book Value Ratio is likely to drop to 0.79 in 2024. GoviEx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0511

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Estimated Market Risk

 13.62
  actual daily
96
96% of assets are less volatile

Expected Return

 0.7
  actual daily
13
87% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
4
96% of assets perform better
Based on monthly moving average GoviEx Uranium is performing at about 4% 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 GoviEx Uranium by adding it to a well-diversified portfolio.
Price Book
6.1377
Book Value
0.086
Enterprise Value
40.1 M
Enterprise Value Ebitda
(8.62)
Shares Float
639.5 M

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GoviEx Uranium Valuation on March 11, 2024

It is possible to determine the worth of GoviEx Uranium on a given historical date. On March 11, 2024 GoviEx was worth 0.17 at the beginning of the trading date compared to the closed value of 0.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GoviEx Uranium stock. Still, in general, we apply an absolute valuation method to find GoviEx Uranium'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 GoviEx Uranium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GoviEx Uranium's related companies.
 Open High Low Close Volume
  0.19    0.19    0.17    0.17    667,100  
03/11/2024
  0.17    0.18    0.16    0.17    745,700  
  0.17    0.17    0.16    0.17    355,400  
Backtest GoviEx Uranium  |  GoviEx Uranium History  |  GoviEx Uranium Valuation   PreviousNext  
Open Value
0.17
0.17
Closing Value
41.03
Upside

GoviEx Uranium Trading Date Momentum on March 11, 2024

On March 12 2024 GoviEx Uranium was traded for  0.17  at the closing time. The highest daily price throughout the period was 0.17  and the lowest price was  0.16 . The daily volume was 355.4 K. The net trading volume on 03/12/2024 did not cause price change. The overall trading delta to current closing price is 17.65% .

GoviEx Uranium Fundamentals Correlations and Trends

By evaluating GoviEx Uranium'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 GoviEx Uranium's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GoviEx financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About GoviEx Uranium Stock history

GoviEx Uranium 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 GoviEx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GoviEx Uranium 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 GoviEx Uranium stock prices may prove useful in developing a viable investing in GoviEx Uranium
Last ReportedProjected for Next Year
Common Stock Shares Outstanding812.7 M408.1 M
Net Loss-12 M-12.7 M

GoviEx Uranium Stock Technical Analysis

GoviEx Uranium 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.
A focus of GoviEx Uranium technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of GoviEx Uranium trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

GoviEx Uranium Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

GoviEx Uranium 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.

GoviEx Uranium December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how GoviEx Uranium stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GoviEx Uranium shares will generate the highest return on investment. By undertsting and applying GoviEx Uranium stock market strength indicators, traders can identify GoviEx Uranium entry and exit signals to maximize returns

GoviEx Uranium Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for GoviEx Uranium's price direction in advance. Along with the technical and fundamental analysis of GoviEx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GoviEx 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.

Additional Tools for GoviEx Stock Analysis

When running GoviEx Uranium's price analysis, check to measure GoviEx Uranium'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 GoviEx Uranium is operating at the current time. Most of GoviEx Uranium's value examination focuses on studying past and present price action to predict the probability of GoviEx Uranium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoviEx Uranium's price. Additionally, you may evaluate how the addition of GoviEx Uranium to your portfolios can decrease your overall portfolio volatility.