Gold79 Mines Stock Performance
| AUSVF Stock | USD 0.16 0.01 5.88% |
On a scale of 0 to 100, Gold79 Mines holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of 1.3, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Gold79 Mines will likely underperform. Please check Gold79 Mines' sortino ratio and the relationship between the downside variance and period momentum indicator , to make a quick decision on whether Gold79 Mines' current trending patterns will revert.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Gold79 Mines are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Gold79 Mines reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 173.8 K | |
| Total Cashflows From Investing Activities | -952.2 K |
Gold79 |
Gold79 Mines Relative Risk vs. Return Landscape
If you would invest 16.00 in Gold79 Mines on March 3, 2024 and sell it today you would earn a total of 0.00 from holding Gold79 Mines or generate 0.0% return on investment over 90 days. Gold79 Mines is currently producing 0.566% returns and takes up 10.9598% volatility of returns over 90 trading days. Put another way, 97% of traded otc stocks are less volatile than Gold79, and 89% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Gold79 Mines Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gold79 Mines' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Gold79 Mines, and traders can use it to determine the average amount a Gold79 Mines' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0516
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 10.96 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Gold79 Mines is performing at about 4% 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 Gold79 Mines by adding it to a well-diversified portfolio.
Gold79 Mines Fundamentals Growth
Gold79 OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Gold79 Mines, and Gold79 Mines fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Gold79 OTC Stock performance.
| Return On Equity | -0.13 | |||
| Return On Asset | -0.0939 | |||
| Current Valuation | 3.23 M | |||
| Shares Outstanding | 173.93 M | |||
| Price To Earning | (22.50) X | |||
| Price To Book | 0.75 X | |||
| EBITDA | (923.46 K) | |||
| Cash And Equivalents | 131.13 K | |||
| Book Value Per Share | 0.03 X | |||
| Cash Flow From Operations | (888.78 K) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 4.91 M | |||
About Gold79 Mines Performance
To evaluate Gold79 Mines OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Gold79 Mines generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Gold79 OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Gold79 Mines market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Gold79's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Gold79 Mines Ltd., an exploration stage junior mining company, engages in the identification, acquisition, evaluation, and exploration of mineral properties in North America. The company was formerly known as Aura Resources Inc. and changed its name to Gold79 Mines Ltd. in August 2020. Aura Resources is traded on OTC Exchange in the United States.Things to note about Gold79 Mines performance evaluation
Checking the ongoing alerts about Gold79 Mines for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Gold79 Mines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Gold79 Mines is way too risky over 90 days horizon | |
| Gold79 Mines has some characteristics of a very speculative penny stock | |
| Gold79 Mines appears to be risky and price may revert if volatility continues | |
| Gold79 Mines has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (923.46 K) with loss before overhead, payroll, taxes, and interest of (960). | |
| Gold79 Mines has accumulated about 131.13 K in cash with (888.78 K) of positive cash flow from operations. |
- Analyzing Gold79 Mines' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Gold79 Mines' stock is overvalued or undervalued compared to its peers.
- Examining Gold79 Mines' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Gold79 Mines' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Gold79 Mines' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Gold79 Mines' otc stock. These opinions can provide insight into Gold79 Mines' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Gold79 Mines. 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 real. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Gold79 OTC Stock analysis
When running Gold79 Mines' price analysis, check to measure Gold79 Mines' 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 Gold79 Mines is operating at the current time. Most of Gold79 Mines' value examination focuses on studying past and present price action to predict the probability of Gold79 Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold79 Mines' price. Additionally, you may evaluate how the addition of Gold79 Mines to your portfolios can decrease your overall portfolio volatility.
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