NOVAGOLD RESOURCES (Germany) Price on November 10, 2021 Breakdown

As of today, the current price of NOVAGOLD RESOURCES is  0.00 , as last reported on the 7th of December, with the highest price reaching  0.00  and the lowest price hitting  0.00  during the day.
NOVAGOLD RESOURCES has Sharpe Ratio of -0.0894, which conveys that the firm had -0.0894% of return per unit of standard deviation over the last 3 months. Macroaxis standpoint towards estimating the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. NOVAGOLD RESOURCES exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify NOVAGOLD RESOURCES Mean Deviation of 2.23, market risk adjusted performance of 0.461, and Risk Adjusted Performance of 0.25 to check out the risk estimate we provide.
  
NOVAGOLD Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Activity

common Stock Shares Outstanding
332.4 M

NOVAGOLD RESOURCES Valuation on November 10, 2021

It is possible to determine the worth of NOVAGOLD RESOURCES on a given historical date. On November 10, 2021 NOVAGOLD was worth 6.67 at the beginning of the trading date compared to the closed value of 6.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NOVAGOLD RESOURCES stock. Still, in general, we apply an absolute valuation method to find NOVAGOLD RESOURCES'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 Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NOVAGOLD RESOURCES's related companies.
 Open High Low Close Volume
  6.51    6.51    6.51    6.51    1.00  
11/10/2021
  6.67    6.67    6.67    6.67    1.00  
  6.79    6.79    6.79    6.79    1.00  
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Open Value 6.67
6.67
Closing Value
45.00
Upside

NOVAGOLD RESOURCES Trading Date Momentum on November 10, 2021

On November 11 2021 NOVAGOLD RESOURCES was traded for  6.79  at the closing time. The maximum traded price for the trading interval was 6.79  and the lowest daily price was  6.79 . There was no trading activity during the period 1.0. Lack of trading volume on 11th of November 2021 played a part in the next trading day price growth. The trading delta at closing time to the next closing price was 1.80% . The trading delta at closing time to the closing price today is 1.35% .

NOVAGOLD RESOURCES Fundamentals Correlations and Trends

By evaluating NOVAGOLD RESOURCES'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 NOVAGOLD RESOURCES's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NOVAGOLD financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About NOVAGOLD RESOURCES Stock history

NOVAGOLD 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 NOVAGOLD is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NOVAGOLD 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 NOVAGOLD RESOURCES historical stock prices may prove useful in developing a viable investing in NOVAGOLD RESOURCES

NOVAGOLD RESOURCES Stock Technical Analysis

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

NOVAGOLD RESOURCES Period Price Range

Low
November 10, 2021
High

 6.67 

  

 6.67 

0.000.00%

NOVAGOLD RESOURCES December 7, 2022 Market Strength

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

NOVAGOLD RESOURCES Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for NOVAGOLD stock's direction in advance. Along with the technical and fundamental analysis of NOVAGOLD Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NOVAGOLD 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 stock 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.
Additionally, see Correlation Analysis. You can also try Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for analysis

When running NOVAGOLD RESOURCES price analysis, check to measure NOVAGOLD RESOURCES'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 NOVAGOLD RESOURCES is operating at the current time. Most of NOVAGOLD RESOURCES's value examination focuses on studying past and present price action to predict the probability of NOVAGOLD RESOURCES's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move NOVAGOLD RESOURCES's price. Additionally, you may evaluate how the addition of NOVAGOLD RESOURCES to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between NOVAGOLD RESOURCES's value and its price as these two are different measures arrived at by different means. Investors typically determine NOVAGOLD RESOURCES value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NOVAGOLD RESOURCES's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.