Giga Metals Corp Stock Price on December 12, 2024
| GIGA Stock | CAD 0.12 0.01 7.69% |
Below is the normalized historical share price chart for Giga Metals Corp extending back to August 08, 1996. 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 Giga Metals stands at 0.12, as last reported on the 6th of January, with the highest price reaching 0.12 and the lowest price hitting 0.12 during the day.
If you're considering investing in Giga Stock, it is important to understand the factors that can impact its price. At this stage we consider Giga Stock to be out of control. Giga Metals Corp holds Efficiency (Sharpe) Ratio of 0.003, which attests that the entity had a 0.003% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Giga Metals Corp, which you can use to evaluate the volatility of the firm. Please check out Giga Metals' insignificant Risk Adjusted Performance, standard deviation of 5.47, and Market Risk Adjusted Performance of 0.9874 to validate if the risk estimate we provide is consistent with the expected return of 0.0165%.
At this time, Giga Metals' Common Stock Shares Outstanding is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 14.5 M in 2025, whereas Liabilities And Stockholders Equity is likely to drop slightly above 17.4 M in 2025. . At this time, Giga Metals' Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to climb to 0.35 in 2025, whereas Price To Operating Cash Flows Ratio is likely to drop (15.05) in 2025. Giga Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.1551 | 50 Day MA 0.1276 | Beta 1.185 |
Giga |
Sharpe Ratio = 0.003
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| Negative Returns | GIGA |
Estimated Market Risk
| 5.45 actual daily | 48 52% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Giga Metals 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 Giga Metals by adding Giga Metals to a well-diversified portfolio.
Giga Metals Valuation on December 12, 2024
It is possible to determine the worth of Giga Metals on a given historical date. On December 12, 2024 Giga was worth 0.11 at the beginning of the trading date compared to the closed value of 0.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Giga Metals stock. Still, in general, we apply an absolute valuation method to find Giga Metals' 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 Giga Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Giga Metals' related companies.
| Open | High | Low | Close | Volume | |
| 0.11 | 0.11 | 0.10 | 0.11 | 53,100 | |
12/12/2024 | 0.11 | 0.11 | 0.11 | 0.11 | 4,400 |
| 0.11 | 0.12 | 0.11 | 0.12 | 59,300 |
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Giga Metals Trading Date Momentum on December 12, 2024
| On December 13 2024 Giga Metals Corp was traded for 0.12 at the closing time. The maximum traded price for the trading interval was 0.12 and the lowest daily price was 0.11 . The daily volume was recorded at 59.3 K. The volume of trading on 13th of December 2024 played a part in the next trading day price increase. The overall trading delta to the next closing price was 9.09% . The overall trading delta to the closing price today is 9.09% . |
Giga Metals Corp Fundamentals Correlations and Trends
By evaluating Giga Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Giga Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Giga financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Giga Metals Stock history
Giga Metals 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 Giga is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Giga Metals 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 Giga Metals stock prices may prove useful in developing a viable investing in Giga Metals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 112.6 M | 118.2 M | |
| Net Loss | -3.1 M | -3.3 M |
Giga Metals Quarterly Net Working Capital |
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Giga Metals Stock Technical Analysis
Giga Metals 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
Giga Metals Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
Giga Metals 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.
Giga Metals January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Giga Metals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Giga Metals shares will generate the highest return on investment. By undertsting and applying Giga Metals stock market strength indicators, traders can identify Giga Metals Corp entry and exit signals to maximize returns
Giga Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Giga Metals' price direction in advance. Along with the technical and fundamental analysis of Giga Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Giga 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) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | 0.9774 |
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Additional Tools for Giga Stock Analysis
When running Giga Metals' price analysis, check to measure Giga Metals' 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 Giga Metals is operating at the current time. Most of Giga Metals' value examination focuses on studying past and present price action to predict the probability of Giga Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Giga Metals' price. Additionally, you may evaluate how the addition of Giga Metals to your portfolios can decrease your overall portfolio volatility.