Gomga Resources Stock Price on December 17, 2024
| GOMRF Stock | USD 0.07 0 1.43% |
If you're considering investing in GoMgA OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of GoMgA Resources stands at 0.07, as last reported on the 9th of January, with the highest price reaching 0.07 and the lowest price hitting 0.07 during the day. GoMgA Resources appears to be out of control, given 3 months investment horizon. GoMgA Resources holds Efficiency (Sharpe) Ratio of 0.0313, which attests that the entity had a 0.0313% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for GoMgA Resources, which you can use to evaluate the volatility of the firm. Please utilize GoMgA Resources' Semi Deviation of 4.96, market risk adjusted performance of 0.0264, and Risk Adjusted Performance of 0.0107 to validate if our risk estimates are consistent with your expectations.
GoMgA OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
GoMgA |
Sharpe Ratio = 0.0313
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Estimated Market Risk
| 7.11 actual daily | 63 63% of assets are less volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average GoMgA Resources is performing at about 2% 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 GoMgA Resources by adding it to a well-diversified portfolio.
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GoMgA Resources Valuation on December 17, 2024
It is possible to determine the worth of GoMgA Resources on a given historical date. On December 17, 2024 GoMgA was worth 0.06 at the beginning of the trading date compared to the closed value of 0.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GoMgA Resources otc stock. Still, in general, we apply an absolute valuation method to find GoMgA 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 GoMgA Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GoMgA Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.07 | 0.07 | 0.06 | 0.06 | 57,500 | |
12/17/2024 | 0.06 | 0.06 | 0.06 | 0.06 | 10,000 |
| 0.06 | 0.06 | 0.06 | 0.06 | 1.00 |
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GoMgA Resources Trading Date Momentum on December 17, 2024
| On December 18 2024 GoMgA Resources was traded for 0.06 at the closing time. The highest daily price throughout the period was 0.06 and the lowest price was 0.06 . There was no trading activity during the period 1.0. Lack of trading volume on 12/18/2024 did not cause price change. The overall trading delta to current closing price is 0.00% . |
GoMgA Resources Fundamentals Correlations and Trends
By evaluating GoMgA 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 GoMgA Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GoMgA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About GoMgA Resources OTC Stock history
GoMgA 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 GoMgA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GoMgA 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 GoMgA Resources stock prices may prove useful in developing a viable investing in GoMgA 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.
GoMgA Resources OTC Stock Technical Analysis
GoMgA 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
GoMgA Resources Period Price Range
Low | January 9, 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.
GoMgA Resources January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how GoMgA 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 GoMgA Resources shares will generate the highest return on investment. By undertsting and applying GoMgA Resources otc stock market strength indicators, traders can identify GoMgA Resources entry and exit signals to maximize returns
GoMgA Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GoMgA Resources' price direction in advance. Along with the technical and fundamental analysis of GoMgA OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GoMgA 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 | 0.0107 | |||
| Jensen Alpha | (0.0004) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.0007) | |||
| Treynor Ratio | 0.0164 |
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Complementary Tools for GoMgA OTC Stock analysis
When running GoMgA Resources' price analysis, check to measure GoMgA 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 GoMgA Resources is operating at the current time. Most of GoMgA Resources' value examination focuses on studying past and present price action to predict the probability of GoMgA Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoMgA Resources' price. Additionally, you may evaluate how the addition of GoMgA Resources to your portfolios can decrease your overall portfolio volatility.
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