Gomga Resources Stock Price on November 19, 2024
| GOMRF Stock | USD 0.06 0 4.83% |
If you're considering investing in GéoMégA OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of GéoMégA Resources stands at 0.06, as last reported on the 23rd of March, with the highest price reaching 0.06 and the lowest price hitting 0.06 during the day. GéoMégA Resources appears to be out of control, given 3 months investment horizon. GéoMégA Resources holds Efficiency (Sharpe) Ratio of 0.0413, which attests that the entity had a 0.0413 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for GéoMégA Resources, which you can use to evaluate the volatility of the firm. Please utilize GéoMégA Resources' Risk Adjusted Performance of 0.0451, market risk adjusted performance of (0.58), and Coefficient Of Variation of 2420.54 to validate if our risk estimates are consistent with your expectations.
GéoMégA OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
GéoMégA |
Sharpe Ratio = 0.0413
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.7 actual daily | 50 50% of assets are less volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average GéoMégA Resources is performing at about 3% 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 GéoMégA Resources by adding it to a well-diversified portfolio.
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GéoMégA Resources Valuation on November 19, 2024
It is possible to determine the worth of GéoMégA Resources on a given historical date. On November 19, 2024 GéoMégA was worth 0.07 at the beginning of the trading date compared to the closed value of 0.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GéoMégA Resources otc stock. Still, in general, we apply an absolute valuation method to find GéoMégA Resources' 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 GéoMégA Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GéoMégA Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.06 | 0.07 | 0.06 | 0.07 | 31,700 | |
11/19/2024 | 0.07 | 0.07 | 0.07 | 0.07 | 1.00 |
| 0.07 | 0.07 | 0.06 | 0.06 | 400.00 |
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GéoMégA Resources Trading Date Momentum on November 19, 2024
| On November 20 2024 GoMgA Resources was traded for 0.06 at the closing time. The highest daily price throughout the period was 0.07 and the lowest price was 0.06 . The daily volume was 400. The net trading volume on 11/20/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 14.29% . The overall trading delta to current closing price is 0.00% . |
GéoMégA Resources Fundamentals Correlations and Trends
By evaluating GéoMégA Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among GéoMégA Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GéoMégA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About GéoMégA Resources OTC Stock history
GéoMégA Resources 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 GéoMégA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GéoMégA Resources 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 GéoMégA Resources stock prices may prove useful in developing a viable investing in GéoMégA Resources
Geomega Resources Inc. engages in the acquisition, evaluation, and exploration of mining properties in Canada. The company was incorporated in 2008 and is based in Boucherville, Canada. Geomega Res is traded on OTC Exchange in the United States.
GéoMégA Resources OTC Stock Technical Analysis
GéoMégA Resources technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
GéoMégA Resources Period Price Range
Low | March 23, 2025
| High |
0.00 | 0.00 |
GoMgA Resources cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
GéoMégA Resources March 23, 2025 Market Strength
Market strength indicators help investors to evaluate how GéoMégA Resources otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GéoMégA Resources shares will generate the highest return on investment. By undertsting and applying GéoMégA Resources otc stock market strength indicators, traders can identify GoMgA Resources entry and exit signals to maximize returns
GéoMégA Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GéoMégA Resources' price direction in advance. Along with the technical and fundamental analysis of GéoMégA OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GéoMégA 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 | 0.0451 | |||
| Jensen Alpha | 0.1995 | |||
| Total Risk Alpha | 0.6581 | |||
| Treynor Ratio | (0.59) |
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Complementary Tools for GéoMégA OTC Stock analysis
When running GéoMégA Resources' price analysis, check to measure GéoMégA Resources' 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 GéoMégA Resources is operating at the current time. Most of GéoMégA Resources' value examination focuses on studying past and present price action to predict the probability of GéoMégA Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GéoMégA Resources' price. Additionally, you may evaluate how the addition of GéoMégA Resources to your portfolios can decrease your overall portfolio volatility.
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