Goldmoney Stock Price on February 8, 2024
XAUMF Stock | USD 5.68 0.07 1.22% |
If you're considering investing in GoldMoney Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of GoldMoney stands at 5.68, as last reported on the 11th of December 2024, with the highest price reaching 5.68 and the lowest price hitting 5.66 during the day. GoldMoney holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of risk over the last 3 months. GoldMoney exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GoldMoney's Standard Deviation of 1.87, risk adjusted performance of (0.07), and Market Risk Adjusted Performance of (3.01) to validate the risk estimate we provide.
GoldMoney Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
GoldMoney |
Sharpe Ratio = -0.1117
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Estimated Market Risk
1.91 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average GoldMoney 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 GoldMoney by adding GoldMoney to a well-diversified portfolio.
GoldMoney Valuation on February 8, 2024
It is possible to determine the worth of GoldMoney on a given historical date. On February 8, 2024 GoldMoney was worth 5.69 at the beginning of the trading date compared to the closed value of 5.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GoldMoney pink sheet. Still, in general, we apply an absolute valuation method to find GoldMoney'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 GoldMoney where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GoldMoney's related companies.
Open | High | Low | Close | Volume | |
5.83 | 5.87 | 5.80 | 5.80 | 12,300 | |
02/08/2024 | 5.69 | 5.88 | 5.69 | 5.79 | 13,300 |
5.90 | 5.90 | 5.75 | 5.81 | 18,000 |
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GoldMoney Trading Date Momentum on February 8, 2024
On February 09 2024 GoldMoney was traded for 5.81 at the closing time. The highest daily price throughout the period was 5.90 and the lowest price was 5.75 . The daily volume was 18 K. The net trading volume on 02/09/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 0.35% . The overall trading delta to current closing price is 1.55% . |
GoldMoney Fundamentals Correlations and Trends
By evaluating GoldMoney'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 GoldMoney's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GoldMoney financial account trend analysis is a perfect complement when working with valuation or volatility modules.About GoldMoney Pink Sheet history
GoldMoney 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 GoldMoney is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GoldMoney 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 GoldMoney stock prices may prove useful in developing a viable investing in GoldMoney
Goldmoney Inc. operates as a precious metal financial service and technology company worldwide. Goldmoney Inc. was founded in 2001 and is headquartered in Toronto, Canada. Goldmoney operates under Capital Markets classification in the United States and is traded on OTC Exchange.
GoldMoney Pink Sheet Technical Analysis
GoldMoney technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
GoldMoney Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
GoldMoney cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
GoldMoney December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how GoldMoney pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GoldMoney shares will generate the highest return on investment. By undertsting and applying GoldMoney pink sheet market strength indicators, traders can identify GoldMoney entry and exit signals to maximize returns
GoldMoney Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GoldMoney's price direction in advance. Along with the technical and fundamental analysis of GoldMoney Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of GoldMoney 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 | (0.07) | |||
Jensen Alpha | (0.20) | |||
Total Risk Alpha | (0.49) | |||
Treynor Ratio | (3.02) |
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Volume Indicators |
Complementary Tools for GoldMoney Pink Sheet analysis
When running GoldMoney's price analysis, check to measure GoldMoney'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 GoldMoney is operating at the current time. Most of GoldMoney's value examination focuses on studying past and present price action to predict the probability of GoldMoney's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoldMoney's price. Additionally, you may evaluate how the addition of GoldMoney to your portfolios can decrease your overall portfolio volatility.
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