Goliath Resources Limited Stock Price on October 16, 2024
GOTRF Stock | USD 0.82 0.03 3.80% |
If you're considering investing in Goliath OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Goliath Resources stands at 0.82, as last reported on the 1st of December, with the highest price reaching 0.82 and the lowest price hitting 0.75 during the day. Goliath Resources holds Efficiency (Sharpe) Ratio of -0.0532, which attests that the entity had a -0.0532% return per unit of risk over the last 3 months. Goliath Resources exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Goliath Resources' Standard Deviation of 3.1, market risk adjusted performance of (0.38), and Risk Adjusted Performance of (0.04) to validate the risk estimate we provide.
Goliath OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Goliath |
Sharpe Ratio = -0.0532
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | GOTRF |
Estimated Market Risk
3.11 actual daily | 27 73% of assets are more volatile |
Expected Return
-0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Goliath Resources 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 Goliath Resources by adding Goliath Resources to a well-diversified portfolio.
Goliath Resources Valuation on October 16, 2024
It is possible to determine the worth of Goliath Resources on a given historical date. On October 16, 2024 Goliath was worth 0.91 at the beginning of the trading date compared to the closed value of 0.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Goliath Resources otc stock. Still, in general, we apply an absolute valuation method to find Goliath 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 Goliath Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Goliath Resources' related companies.
Open | High | Low | Close | Volume | |
1.00 | 1.00 | 0.87 | 0.89 | 70,351 | |
10/16/2024 | 0.91 | 0.95 | 0.89 | 0.90 | 82,900 |
0.90 | 0.94 | 0.90 | 0.92 | 76,800 |
Backtest Goliath Resources | | | Goliath Resources History | | | Goliath Resources Valuation | Previous | Next |
Goliath Resources Trading Date Momentum on October 16, 2024
On October 17 2024 Goliath Resources Limited was traded for 0.92 at the closing time. The highest daily price throughout the period was 0.94 and the lowest price was 0.90 . The daily volume was 76.8 K. The net trading volume on 10/17/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 2.22% . The overall trading delta to current closing price is 1.11% . |
Goliath Resources Fundamentals Correlations and Trends
By evaluating Goliath 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 Goliath Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Goliath financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Goliath Resources OTC Stock history
Goliath 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 Goliath is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Goliath 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 Goliath Resources stock prices may prove useful in developing a viable investing in Goliath Resources
Goliath Resources Limited, a junior resource exploration company, engages in the exploration of mineral properties in British Columbia, Canada. Goliath Resources Limited is headquartered in Toronto, Canada. Goliath Resources is traded on OTC Exchange in the United States.
Goliath Resources OTC Stock Technical Analysis
Goliath 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
Goliath Resources Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Goliath Resources Limited 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.
Goliath Resources December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Goliath 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 Goliath Resources shares will generate the highest return on investment. By undertsting and applying Goliath Resources otc stock market strength indicators, traders can identify Goliath Resources Limited entry and exit signals to maximize returns
Goliath Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Goliath Resources' price direction in advance. Along with the technical and fundamental analysis of Goliath OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Goliath 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 | (0.04) | |||
Jensen Alpha | (0.25) | |||
Total Risk Alpha | (0.70) | |||
Treynor Ratio | (0.39) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Goliath OTC Stock analysis
When running Goliath Resources' price analysis, check to measure Goliath 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 Goliath Resources is operating at the current time. Most of Goliath Resources' value examination focuses on studying past and present price action to predict the probability of Goliath Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goliath Resources' price. Additionally, you may evaluate how the addition of Goliath Resources to your portfolios can decrease your overall portfolio volatility.
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |