Goldspot Discoveries Corp Stock Price on November 20, 2023

SPOFF Stock  USD 0.11  0.01  8.33%   
If you're considering investing in Goldspot OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Goldspot Discoveries stands at 0.11, as last reported on the 24th of December, with the highest price reaching 0.11 and the lowest price hitting 0.11 during the day. Goldspot Discoveries Corp holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of risk over the last 3 months. Goldspot Discoveries Corp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Goldspot Discoveries' Standard Deviation of 4.05, risk adjusted performance of (0.09), and Market Risk Adjusted Performance of (0.90) to validate the risk estimate we provide.
  
Goldspot OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1281

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Estimated Market Risk

 4.0
  actual daily
35
65% of assets are more volatile

Expected Return

 -0.51
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Goldspot Discoveries 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 Goldspot Discoveries by adding Goldspot Discoveries to a well-diversified portfolio.

Goldspot Discoveries Valuation on November 20, 2023

It is possible to determine the worth of Goldspot Discoveries on a given historical date. On November 20, 2023 Goldspot was worth 0.13 at the beginning of the trading date compared to the closed value of 0.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Goldspot Discoveries otc stock. Still, in general, we apply an absolute valuation method to find Goldspot Discoveries' 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 Goldspot Discoveries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Goldspot Discoveries' related companies.
 Open High Low Close Volume
  0.12    0.12    0.12    0.12    6,300  
11/20/2023
  0.13    0.13    0.13    0.13    60,000  
  0.14    0.14    0.13    0.14    47,600  
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Open Value
0.13
0.13
Closing Value
12.13
Upside

Goldspot Discoveries Trading Date Momentum on November 20, 2023

On November 21 2023 Goldspot Discoveries Corp was traded for  0.14  at the closing time. The highest daily price throughout the period was 0.14  and the lowest price was  0.13 . The daily volume was 47.6 K. The net trading volume on 11/21/2023 added to the next day price rise. The trading price change to closing price of the next trading day was 7.69% . The overall trading delta to current closing price is 15.38% .

Goldspot Discoveries Corp Fundamentals Correlations and Trends

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

About Goldspot Discoveries OTC Stock history

Goldspot Discoveries 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 Goldspot is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Goldspot Discoveries Corp 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 Goldspot Discoveries stock prices may prove useful in developing a viable investing in Goldspot Discoveries
EarthLabs Inc. operates as a technology services company in mineral exploration in Canada. The company was formerly known as GoldSpot Discoveries Corp. and changed its name to EarthLabs Inc. in September 2022. Earthlabs operates under Information Technology Services classification in the United States and is traded on OTC Exchange.

Goldspot Discoveries OTC Stock Technical Analysis

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

Goldspot Discoveries Period Price Range

Low
December 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Goldspot Discoveries Corp cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.

Goldspot Discoveries December 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Goldspot Discoveries 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 Goldspot Discoveries shares will generate the highest return on investment. By undertsting and applying Goldspot Discoveries otc stock market strength indicators, traders can identify Goldspot Discoveries Corp entry and exit signals to maximize returns

Goldspot Discoveries Technical and Predictive Indicators

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

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