K2 Gold Stock Price on January 17, 2024
| KTGDF Stock | USD 0.09 0.02 14.55% |
If you're considering investing in KTGDF OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of K2 Gold stands at 0.09, as last reported on the 28th of April, with the highest price reaching 0.11 and the lowest price hitting 0.09 during the day. K2 Gold appears to be out of control, given 3 months investment horizon. K2 Gold retains Efficiency (Sharpe Ratio) of 0.0933, which conveys that the company had a 0.0933% return per unit of price deviation over the last 3 months. By analyzing K2 Gold's technical indicators, you can evaluate if the expected return of 0.91% is justified by implied risk. Please exercise K2 Gold's Market Risk Adjusted Performance of 2.91, standard deviation of 9.74, and Mean Deviation of 6.7 to check out if our risk estimates are consistent with your expectations.
KTGDF OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
KTGDF |
Sharpe Ratio = 0.0933
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Estimated Market Risk
| 9.74 actual daily | 86 86% of assets are less volatile |
Expected Return
| 0.91 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average K2 Gold is performing at about 7% 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 K2 Gold by adding it to a well-diversified portfolio.
K2 Gold Valuation on January 17, 2024
It is possible to determine the worth of K2 Gold on a given historical date. On January 17, 2024 KTGDF was worth 0.0604 at the beginning of the trading date compared to the closed value of 0.055. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of K2 Gold otc stock. Still, in general, we apply an absolute valuation method to find K2 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 K2 Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against K2 Gold's related companies.
| Open | High | Low | Close | Volume | |
| 0.06 | 0.06 | 0.06 | 0.06 | 5,400 | |
01/17/2024 | 0.06 | 0.06 | 0.06 | 0.06 | 11,500 |
| 0.06 | 0.06 | 0.06 | 0.06 | 800.00 |
| Backtest K2 Gold | | | K2 Gold History | | | K2 Gold Valuation | Previous | Next |
K2 Gold Trading Date Momentum on January 17, 2024
| On January 18 2024 K2 Gold 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 . The daily volume was 800. The net trading volume on 01/18/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 1.82% . The trading delta at closing time to current closing price is 23.64% . |
K2 Gold Fundamentals Correlations and Trends
By evaluating K2 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 K2 Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. KTGDF financial account trend analysis is a perfect complement when working with valuation or volatility modules.About K2 Gold OTC Stock history
K2 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 KTGDF is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in K2 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 K2 Gold stock prices may prove useful in developing a viable investing in K2 Gold
K2 Gold Corporation, a junior mineral exploration company, acquires, explores for, and evaluates gold exploration projects in Canada and the United States. K2 Gold Corporation was incorporated in 2011 and is headquartered in Vancouver, Canada. Kent Gida operates under Gold classification in the United States and is traded on OTC Exchange.
K2 Gold OTC Stock Technical Analysis
K2 Gold 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
K2 Gold Period Price Range
Low | January 17, 2024
| High |
0.06 | 0.06 |
K2 Gold April 28, 2024 Market Strength
Market strength indicators help investors to evaluate how K2 Gold 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 K2 Gold shares will generate the highest return on investment. By undertsting and applying K2 Gold otc stock market strength indicators, traders can identify K2 Gold entry and exit signals to maximize returns
| Accumulation Distribution | 1028.15 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.91 | |||
| Day Median Price | 0.0577 | |||
| Day Typical Price | 0.0568 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | 0.039 | |||
| Relative Strength Index | 50.77 |
K2 Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for K2 Gold's price direction in advance. Along with the technical and fundamental analysis of KTGDF OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of KTGDF 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 | 0.0675 | |||
| Jensen Alpha | 0.8741 | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | 0.084 | |||
| Treynor Ratio | 2.9 |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in K2 Gold. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the K2 Gold information on this page should be used as a complementary analysis to other K2 Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for KTGDF OTC Stock analysis
When running K2 Gold's price analysis, check to measure K2 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 K2 Gold is operating at the current time. Most of K2 Gold's value examination focuses on studying past and present price action to predict the probability of K2 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 K2 Gold's price. Additionally, you may evaluate how the addition of K2 Gold to your portfolios can decrease your overall portfolio volatility.
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