Cerrado Gold Corp Stock Price on November 6, 2024
| CERT Stock | CAD 0.34 0.01 2.86% |
If you're considering investing in Cerrado Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cerrado Gold stands at 0.34, as last reported on the 3rd of December, with the highest price reaching 0.35 and the lowest price hitting 0.33 during the day. Cerrado Gold appears to be out of control, given 3 months investment horizon. Cerrado Gold Corp secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. By analyzing Cerrado Gold's technical indicators, you can evaluate if the expected return of 0.88% is justified by implied risk. Please makes use of Cerrado Gold's Risk Adjusted Performance of 0.0955, mean deviation of 5.86, and Downside Deviation of 6.21 to double-check if our risk estimates are consistent with your expectations.
At this time, Cerrado Gold's Other Stockholder Equity is fairly stable compared to the past year. Common Stock is likely to climb to about 50.3 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 19.5 M in 2024. . Cerrado Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cerrado |
Sharpe Ratio = 0.1159
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Estimated Market Risk
| 7.61 actual daily | 67 67% of assets are less volatile |
Expected Return
| 0.88 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Cerrado Gold is performing at about 9% 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 Cerrado Gold by adding it to a well-diversified portfolio.
Price Book 1.099 | Enterprise Value Ebitda 2.9844 | Price Sales 0.3293 | Shares Float 83.3 M | Wall Street Target Price 0.95 |
Cerrado Gold Valuation on November 6, 2024
It is possible to determine the worth of Cerrado Gold on a given historical date. On November 6, 2024 Cerrado was worth 0.38 at the beginning of the trading date compared to the closed value of 0.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cerrado Gold stock. Still, in general, we apply an absolute valuation method to find Cerrado Gold'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 Cerrado Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cerrado Gold's related companies.
| Open | High | Low | Close | Volume | |
| 0.38 | 0.39 | 0.38 | 0.38 | 10,805 | |
11/06/2024 | 0.38 | 0.38 | 0.35 | 0.36 | 26,837 |
| 0.37 | 0.38 | 0.36 | 0.36 | 201,642 |
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Cerrado Gold Trading Date Momentum on November 6, 2024
| On November 07 2024 Cerrado Gold Corp was traded for 0.36 at the closing time. The maximum traded price for the trading interval was 0.38 and the lowest daily price was 0.36 . The daily volume was recorded at 201.6 K. The volume of trading on 7th of November 2024 did not affect price variability. The overall trading delta to the closing price today is 2.78% . |
Cerrado Gold Corp Fundamentals Correlations and Trends
By evaluating Cerrado Gold'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 Cerrado Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cerrado financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cerrado Gold Stock history
Cerrado Gold 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 Cerrado is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cerrado Gold 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 Cerrado Gold stock prices may prove useful in developing a viable investing in Cerrado Gold
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 98.3 M | 92.9 M | |
| Net Loss | -5.3 M | -5.6 M |
Cerrado Gold Stock Technical Analysis
Cerrado Gold 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
Cerrado Gold Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Cerrado Gold Corp 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.
Cerrado Gold December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Cerrado Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cerrado Gold shares will generate the highest return on investment. By undertsting and applying Cerrado Gold stock market strength indicators, traders can identify Cerrado Gold Corp entry and exit signals to maximize returns
Cerrado Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cerrado Gold's price direction in advance. Along with the technical and fundamental analysis of Cerrado Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cerrado 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 | 0.0955 | |||
| Jensen Alpha | 0.7721 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | 0.1198 | |||
| Treynor Ratio | 1.15 |
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Additional Tools for Cerrado Stock Analysis
When running Cerrado Gold's price analysis, check to measure Cerrado Gold'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 Cerrado Gold is operating at the current time. Most of Cerrado Gold's value examination focuses on studying past and present price action to predict the probability of Cerrado Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cerrado Gold's price. Additionally, you may evaluate how the addition of Cerrado Gold to your portfolios can decrease your overall portfolio volatility.