Gemfields (South Africa) Price on December 17, 2024

GML Stock   160.00  14.00  8.05%   
If you're considering investing in Gemfields Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gemfields stands at 160.00, as last reported on the 26th of December, with the highest price reaching 217.00 and the lowest price hitting 160.00 during the day. Gemfields Group holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14% return per unit of risk over the last 3 months. Gemfields Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gemfields' Standard Deviation of 4.52, risk adjusted performance of (0.11), and Market Risk Adjusted Performance of 0.7136 to validate the risk estimate we provide.
  
Gemfields Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1437

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Estimated Market Risk

 4.59
  actual daily
40
60% of assets are more volatile

Expected Return

 -0.66
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.14
  actual daily
0
Most of other assets perform better
Based on monthly moving average Gemfields 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 Gemfields by adding Gemfields to a well-diversified portfolio.

Gemfields Valuation on December 17, 2024

It is possible to determine the worth of Gemfields on a given historical date. On December 17, 2024 Gemfields was worth 194.0 at the beginning of the trading date compared to the closed value of 155.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gemfields stock. Still, in general, we apply an absolute valuation method to find Gemfields' 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 Gemfields where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gemfields' related companies.
 Open High Low Close Volume
  171.00    213.00    170.00    195.00    16,877  
12/17/2024
  194.00    194.00    116.00    155.00    71,077  
  155.00    170.00    155.00    167.00    73,687  
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Open Value
194.0
180.22
Downside
155.0
Closing Value
207.78
Upside

Gemfields Trading Date Momentum on December 17, 2024

On December 18 2024 Gemfields Group was traded for  167.00  at the closing time. The highest price during the trading period was 170.00  and the lowest recorded bid was listed for  155.00 . The volume for the day was 73.7 K. This history from December 18, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 7.74% . The overall trading delta to the current price is 40.00% .

Gemfields Group Fundamentals Correlations and Trends

By evaluating Gemfields' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Gemfields' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gemfields financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Gemfields Stock history

Gemfields 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 Gemfields is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gemfields Group 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 Gemfields stock prices may prove useful in developing a viable investing in Gemfields

Gemfields Stock Technical Analysis

Gemfields 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 Gemfields technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Gemfields 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

Gemfields Period Price Range

Low
December 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Gemfields Group cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.

Gemfields December 26, 2024 Market Strength

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

Gemfields Technical and Predictive Indicators

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

Complementary Tools for Gemfields Stock analysis

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