Golden Entertainment Stock Price on December 20, 2024
| GDEN Stock | USD 31.12 0.05 0.16% |
If you're considering investing in Golden Stock, it is important to understand the factors that can impact its price. As of today, the current price of Golden Entertainment stands at 31.12, as last reported on the 20th of December, with the highest price reaching 31.55 and the lowest price hitting 30.26 during the day. As of now, Golden Stock is very steady. Golden Entertainment holds Efficiency (Sharpe) Ratio of 0.0271, which attests that the entity had a 0.0271% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Golden Entertainment, which you can use to evaluate the volatility of the firm. Please check out Golden Entertainment's Risk Adjusted Performance of 0.0275, market risk adjusted performance of 0.0361, and Downside Deviation of 1.8 to validate if the risk estimate we provide is consistent with the expected return of 0.0547%.
Golden Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Golden |
Sharpe Ratio = 0.0271
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Estimated Market Risk
| 2.02 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Golden Entertainment is performing at about 2% 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 Golden Entertainment by adding it to a well-diversified portfolio.
Golden Entertainment Valuation on December 20, 2024
It is possible to determine the worth of Golden Entertainment on a given historical date. On December 20, 2024 Golden was worth 30.47 at the beginning of the trading date compared to the closed value of 31.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Golden Entertainment stock. Still, in general, we apply an absolute valuation method to find Golden Entertainment'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 Golden Entertainment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Golden Entertainment's related companies.
| Open | High | Low | Close | Volume | |
| 31.18 | 31.58 | 30.56 | 31.07 | 260,006 | |
12/20/2024 | 30.47 | 31.55 | 30.26 | 31.12 | 1,081,751 |
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Golden Entertainment Trading Date Momentum on December 20, 2024
| On December 20 2024 Golden Entertainment was traded for 31.12 at the closing time. The top price for the day was 31.55 and the lowest listed price was 30.26 . The trading volume for the day was 1.1 M. The trading history from December 20, 2024 did not cause price change. The overall trading delta against the current closing price is 2.09% . |
Golden Entertainment Fundamentals Correlations and Trends
By evaluating Golden Entertainment'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 Golden Entertainment's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Golden financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Golden Entertainment Stock history
Golden Entertainment 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 Golden is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Golden Entertainment 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 Golden Entertainment stock prices may prove useful in developing a viable investing in Golden Entertainment
Golden Entertainment, Inc., together with its subsidiaries, engages in the ownership and operation of a diversified entertainment platform in the United States. Golden Entertainment, Inc. was incorporated in 1998 and is headquartered in Las Vegas, Nevada. Golden Entmt operates under Resorts Casinos classification in the United States and is traded on NASDAQ Exchange. It employs 6300 people.
Golden Entertainment Stock Technical Analysis
Golden Entertainment 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.
Price Boundaries
Golden Entertainment Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
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Golden Entertainment December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Golden Entertainment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Golden Entertainment shares will generate the highest return on investment. By undertsting and applying Golden Entertainment stock market strength indicators, traders can identify Golden Entertainment entry and exit signals to maximize returns
Golden Entertainment Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Golden Entertainment's price direction in advance. Along with the technical and fundamental analysis of Golden Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Golden 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 | 0.0275 | |||
| Jensen Alpha | 0.0066 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0125 | |||
| Treynor Ratio | 0.0261 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Golden Stock, please use our How to Invest in Golden Entertainment guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Entertainment. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Golden Entertainment is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Golden Entertainment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Entertainment's market value can be influenced by many factors that don't directly affect Golden Entertainment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Entertainment'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.