Ggl Resources Corp Stock Price on September 15, 2021
| GGLXF Stock | USD 0.04 0.00 0.00% |
If you're considering investing in GGL Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of GGL Resources stands at 0.04, as last reported on the 20th of April, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. GGL Resources 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. GGL Resources Corp exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GGL Resources' Coefficient Of Variation of 960.5, risk adjusted performance of 0.0735, and Market Risk Adjusted Performance of 1.6 to validate the risk estimate we provide.
GGL Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
GGL |
Sharpe Ratio = -0.126
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| Negative Returns | GGLXF |
Estimated Market Risk
| 5.16 actual daily | 45 55% of assets are more volatile |
Expected Return
| -0.65 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 GGL 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 GGL Resources by adding GGL Resources to a well-diversified portfolio.
GGL Resources Valuation on September 15, 2021
It is possible to determine the worth of GGL Resources on a given historical date. On September 15, 2021 GGL was worth 0.0113 at the beginning of the trading date compared to the closed value of 0.0113. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GGL Resources pink sheet. Still, in general, we apply an absolute valuation method to find GGL 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 GGL Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GGL Resources' related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 0.01 | 0.01 | 0.01 | 0.01 | 72,300 |
| 0.01 | 0.01 | 0.01 | 0.01 | 1.00 |
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GGL Resources Trading Date Momentum on September 15, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.GGL Resources Corp Fundamentals Correlations and Trends
By evaluating GGL 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 GGL Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GGL financial account trend analysis is a perfect complement when working with valuation or volatility modules.About GGL Resources Pink Sheet history
GGL 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 GGL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GGL Resources 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 GGL Resources stock prices may prove useful in developing a viable investing in GGL Resources
GGL Resources Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada and the United States. GGL Resources Corp. was incorporated in 1981 and is headquartered in Vancouver, Canada. Ggl Resources operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.
GGL Resources Pink Sheet Technical Analysis
GGL Resources technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
GGL Resources Period Price Range
Low | April 4, 2022
| High |
0.01 | 0.01 |
GGL Resources April 20, 2024 Market Strength
Market strength indicators help investors to evaluate how GGL Resources pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GGL Resources shares will generate the highest return on investment. By undertsting and applying GGL Resources pink sheet market strength indicators, traders can identify GGL Resources Corp entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.0113 | |||
| Day Typical Price | 0.0113 | |||
| Period Momentum Indicator | 0.0244 |
GGL Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GGL Resources' price direction in advance. Along with the technical and fundamental analysis of GGL Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of GGL 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 | 0.0735 | |||
| Jensen Alpha | 3.52 | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | 1.59 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GGL Resources Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for GGL Pink Sheet analysis
When running GGL Resources' price analysis, check to measure GGL 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 GGL Resources is operating at the current time. Most of GGL Resources' value examination focuses on studying past and present price action to predict the probability of GGL Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GGL Resources' price. Additionally, you may evaluate how the addition of GGL Resources to your portfolios can decrease your overall portfolio volatility.
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