Q Gold Resources Stock Buy Hold or Sell Recommendation
| QGR Stock | CAD 0.04 0.00 0.00% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Q Gold Resources is 'Strong Sell'. Macroaxis provides Q Gold buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Q Gold positions. The advice algorithm takes into account all of Q Gold's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Q Gold's buy or sell advice are summarized below:
Real Value 0.0357 | Hype Value 0.04 | Market Value 0.04 | Naive Value 0.0373 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Q Gold Resources given historical horizon and risk tolerance towards Q Gold. When Macroaxis issues a 'buy' or 'sell' recommendation for Q Gold Resources, the advice is generated through an automated system that utilizes algorithms and statistical models.
QGR |
Execute Q Gold Buy or Sell Advice
The QGR recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Q Gold Resources. Macroaxis does not own or have any residual interests in Q Gold Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Q Gold's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Moves completely opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Q Gold Trading Alerts and Improvement Suggestions
| Q Gold Resources generated a negative expected return over the last 90 days | |
| Q Gold Resources has high historical volatility and very poor performance | |
| Q Gold Resources has some characteristics of a very speculative penny stock | |
| Q Gold Resources has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (1.43 M) with loss before overhead, payroll, taxes, and interest of (1.62 K). | |
| Q Gold Resources has accumulated about 294.25 K in cash with (545.35 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 25.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Closing Bell Q Gold Resources Ltd flat on Thursday - The Globe and Mail |
Q Gold Returns Distribution Density
The distribution of Q Gold's historical returns is an attempt to chart the uncertainty of Q Gold's future price movements. The chart of the probability distribution of Q Gold daily returns describes the distribution of returns around its average expected value. We use Q Gold Resources price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Q Gold returns is essential to provide solid investment advice for Q Gold.
| Mean Return | 0.04 | Value At Risk | -20 | Potential Upside | 25.00 | Standard Deviation | 11.59 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Q Gold historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Q Gold Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (386.7K) | 379.4K | (402.9K) | 192.9K | (566.6K) | (538.3K) | |
| Depreciation | 723.0 | 943.0 | 4.2K | 6.0K | 7.1K | 7.5K | |
| Net Income | (547.8K) | (4.1M) | (2.3M) | (2.0M) | (1.4M) | (1.5M) | |
| Change To Netincome | 132.6K | 1.9K | 3.2M | 223.0K | 256.5K | 475.8K | |
| End Period Cash Flow | 68.1K | 447.5K | 44.6K | 237.4K | 18.8K | 17.8K | |
| Free Cash Flow | (419.0K) | (541.1K) | (2.0M) | (806.9K) | (551.6K) | (579.2K) |
Q Gold Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Q Gold or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Q Gold's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a QGR stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.02 | |
β | Beta against NYSE Composite | 1.03 | |
σ | Overall volatility | 11.77 | |
Ir | Information ratio | -0.0016 |
Q Gold Volatility Alert
Q Gold Resources is showing large volatility of returns over the selected time horizon. Q Gold Resources is a penny stock. Although Q Gold may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Q Gold Resources. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on QGR instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Q Gold Fundamentals Vs Peers
Comparing Q Gold's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Q Gold's direct or indirect competition across all of the common fundamentals between Q Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as Q Gold or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Q Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing Q Gold by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Q Gold to competition |
| Fundamentals | Q Gold | Peer Average |
| Return On Equity | -3.24 | -0.31 |
| Return On Asset | -1.46 | -0.14 |
| Current Valuation | 2.25 M | 16.62 B |
| Shares Outstanding | 56 M | 571.82 M |
| Shares Owned By Insiders | 25.33 % | 10.09 % |
| Number Of Shares Shorted | 1.48 K | 4.71 M |
| Price To Earning | (1.30) X | 28.72 X |
| Price To Book | 168.47 X | 9.51 X |
| Gross Profit | (1.62 K) | 27.38 B |
| EBITDA | (1.34 M) | 3.9 B |
| Net Income | (1.43 M) | 570.98 M |
| Cash And Equivalents | 294.25 K | 2.7 B |
| Cash Per Share | 0.01 X | 5.01 X |
| Total Debt | 285.42 K | 5.32 B |
| Debt To Equity | 0.20 % | 48.70 % |
| Current Ratio | 8.35 X | 2.16 X |
| Book Value Per Share | (0.03) X | 1.93 K |
| Cash Flow From Operations | (545.35 K) | 971.22 M |
| Short Ratio | 0.03 X | 4.00 X |
| Earnings Per Share | (0.03) X | 3.12 X |
| Beta | 0.83 | -0.15 |
| Market Capitalization | 1.96 M | 19.03 B |
| Total Asset | 481.53 K | 29.47 B |
| Retained Earnings | (24.8 M) | 9.33 B |
| Working Capital | (1.29 M) | 1.48 B |
| Net Asset | 481.53 K |
Q Gold Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as QGR . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Q Gold Buy or Sell Advice
When is the right time to buy or sell Q Gold Resources? Buying financial instruments such as QGR Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2023 | 2024 (projected) | Other Current Liabilities | 1.2K | 1.2K | Total Assets | 553.8K | 501.4K |
Use Investing Ideas to Build Portfolios
In addition to having Q Gold in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Business Supplies Thematic Idea Now
Business Supplies
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Supplies theme has 21 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Business Supplies Theme or any other thematic opportunities.
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Check out Q Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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When running Q Gold's price analysis, check to measure Q 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 Q Gold is operating at the current time. Most of Q Gold's value examination focuses on studying past and present price action to predict the probability of Q 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 Q Gold's price. Additionally, you may evaluate how the addition of Q Gold to your portfolios can decrease your overall portfolio volatility.
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