Sandstorm Gold Ltd Stock Price on December 16, 2024

SAND Stock  USD 5.71  0.03  0.53%   
If you're considering investing in Sandstorm Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sandstorm Gold stands at 5.71, as last reported on the 18th of January 2025, with the highest price reaching 5.73 and the lowest price hitting 5.59 during the day. Sandstorm Gold owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0378, which indicates the firm had a -0.0378% return per unit of risk over the last 3 months. Sandstorm Gold Ltd exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sandstorm Gold's Variance of 5.31, coefficient of variation of (2,643), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
  
Sandstorm Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0378

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Estimated Market Risk

 2.3
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Sandstorm Gold 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 Sandstorm Gold by adding Sandstorm Gold to a well-diversified portfolio.

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Sandstorm Gold Valuation on December 16, 2024

It is possible to determine the worth of Sandstorm Gold on a given historical date. On December 16, 2024 Sandstorm was worth 5.65 at the beginning of the trading date compared to the closed value of 5.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sandstorm Gold stock. Still, in general, we apply an absolute valuation method to find Sandstorm Gold's 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 Sandstorm Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sandstorm Gold's related companies.
 Open High Low Close Volume
  5.63    5.67    5.52    5.62    4,248,878  
12/16/2024
  5.65    5.65    5.50    5.60    3,940,120  
  5.50    5.66    5.50    5.61    3,296,027  
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Open Value
5.65
5.6
Closing Value
12.56
Upside

Sandstorm Gold Trading Date Momentum on December 16, 2024

On December 17 2024 Sandstorm Gold Ltd was traded for  5.61  at the closing time. The top price for the day was 5.66  and the lowest listed price was  5.50 . The trading volume for the day was 3.3 M. The trading history from December 17, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 0.18% . The trading price change against the current closing price is 2.50% .

Sandstorm Gold Fundamentals Correlations and Trends

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

About Sandstorm Gold Stock history

Sandstorm Gold 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 Sandstorm is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sandstorm Gold 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 Sandstorm Gold stock prices may prove useful in developing a viable investing in Sandstorm Gold
The company focuses on acquiring royalties and gold and other metals purchase agreements from companies that have advanced stage development projects or operating mines. Sandstorm Gold Ltd. was incorporated in 2007 and is headquartered in Vancouver, Canada. Sandstorm Gold operates under Gold classification in the United States and is traded on New York Stock Exchange.

Sandstorm Gold Stock Technical Analysis

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

Sandstorm Gold Period Price Range

Low
January 18, 2025
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Sandstorm Gold Ltd cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Sandstorm Gold January 18, 2025 Market Strength

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

Sandstorm Gold Technical and Predictive Indicators

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

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