Equinox Gold Corp Stock Price on October 27, 2023
| EQX Stock | CAD 8.47 0.19 2.29% |
Below is the normalized historical share price chart for Equinox Gold Corp extending back to July 02, 2014. 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 Equinox Gold stands at 8.47, as last reported on the 11th of December 2024, with the highest price reaching 8.53 and the lowest price hitting 8.29 during the day.
If you're considering investing in Equinox Stock, it is important to understand the factors that can impact its price. As of now, Equinox Stock is slightly risky. Equinox Gold Corp secures Sharpe Ratio (or Efficiency) of 0.0171, which denotes the company had a 0.0171% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Equinox Gold Corp, which you can use to evaluate the volatility of the firm. Please confirm Equinox Gold's Coefficient Of Variation of 1077.11, mean deviation of 2.49, and Downside Deviation of 3.08 to check if the risk estimate we provide is consistent with the expected return of 0.0537%.
At this time, Equinox Gold's Issuance Of Capital Stock is very stable compared to the past year. . At this time, Equinox Gold's Price Earnings Ratio is very stable compared to the past year. As of the 11th of December 2024, Price To Operating Cash Flows Ratio is likely to grow to 4.48, while Price To Sales Ratio is likely to drop 1.34. Equinox Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 7.5858 | 50 Day MA 7.8634 | Beta 1.191 |
Equinox |
Sharpe Ratio = 0.0171
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| Cash | Small Risk | EQX | High Risk | Huge Risk |
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Estimated Market Risk
| 3.14 actual daily | 27 73% 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 Equinox Gold 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 Equinox Gold by adding it to a well-diversified portfolio.
Price Book 0.8206 | Enterprise Value Ebitda 5.3303 | Price Sales 3.1184 | Shares Float 385.2 M | Wall Street Target Price 10.9713 |
Equinox Gold Valuation on October 27, 2023
It is possible to determine the worth of Equinox Gold on a given historical date. On October 27, 2023 Equinox was worth 6.25 at the beginning of the trading date compared to the closed value of 6.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Equinox Gold stock. Still, in general, we apply an absolute valuation method to find Equinox 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 Equinox Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Equinox Gold's related companies.
| Open | High | Low | Close | Volume | |
| 6.26 | 6.28 | 6.08 | 6.27 | 422,400 | |
10/27/2023 | 6.25 | 6.39 | 6.11 | 6.39 | 376,400 |
| 6.42 | 6.47 | 6.19 | 6.23 | 311,800 |
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Equinox Gold Trading Date Momentum on October 27, 2023
| On October 30 2023 Equinox Gold Corp was traded for 6.23 at the closing time. The maximum traded price for the trading interval was 6.47 and the lowest daily price was 6.19 . The daily volume was recorded at 311.8 K. The volume of trading on 30th of October 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 2.50% . The overall trading delta to the closing price today is 4.07% . |
Equinox Gold Corp Fundamentals Correlations and Trends
By evaluating Equinox 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 Equinox Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Equinox financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Equinox Gold Stock history
Equinox 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 Equinox is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Equinox 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 Equinox Gold stock prices may prove useful in developing a viable investing in Equinox Gold
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 316.3 M | 332.1 M | |
| Net Loss | -121.9 M | -115.8 M |
Equinox Gold Quarterly Net Working Capital |
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Equinox Gold Stock Technical Analysis
Equinox 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
Equinox Gold Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Equinox Gold Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Equinox Gold December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Equinox 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 Equinox Gold shares will generate the highest return on investment. By undertsting and applying Equinox Gold stock market strength indicators, traders can identify Equinox Gold Corp entry and exit signals to maximize returns
Equinox Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Equinox Gold's price direction in advance. Along with the technical and fundamental analysis of Equinox Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Equinox 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 | 0.0749 | |||
| Jensen Alpha | 0.163 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0609 | |||
| Treynor Ratio | 0.2487 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinox Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.