Gitennes Exploration Stock Performance
| GIT Stock | CAD 0.01 0.01 50.00% |
Gitennes Exploration holds a performance score of 6 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -8.77, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Gitennes Exploration are expected to decrease by larger amounts. On the other hand, during market turmoil, Gitennes Exploration is expected to outperform it. Use Gitennes Exploration skewness, as well as the relationship between the day median price and relative strength index , to analyze future returns on Gitennes Exploration.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Gitennes Exploration are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Gitennes Exploration showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:10 | Dividend Date 2020-07-15 | Last Split Date 2020-07-15 |
1 | Closing Bell Gitennes Exploration Inc down on Thursday - Barchart | 03/06/2024 |
2 | Closing Bell Gitennes Exploration Inc flat on Friday - The Globe and Mail | 04/25/2024 |
| Begin Period Cash Flow | 86.4 K | |
| Free Cash Flow | -72 K |
Gitennes |
Gitennes Exploration Relative Risk vs. Return Landscape
If you would invest 2.00 in Gitennes Exploration on February 24, 2024 and sell it today you would lose (1.00) from holding Gitennes Exploration or give up 50.0% of portfolio value over 90 days. Gitennes Exploration is currently producing 2.4194% returns and takes up 29.2354% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Gitennes, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Gitennes Exploration Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gitennes Exploration's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Gitennes Exploration, and traders can use it to determine the average amount a Gitennes Exploration's 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 = 0.0828
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| Average Returns | GIT | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 29.24 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.42 actual daily | 48 52% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Gitennes Exploration is performing at about 6% 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 Gitennes Exploration by adding it to a well-diversified portfolio.
Gitennes Exploration Fundamentals Growth
Gitennes Stock prices reflect investors' perceptions of the future prospects and financial health of Gitennes Exploration, and Gitennes Exploration 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 Gitennes Stock performance.
| Return On Equity | -3.07 | ||||
| Return On Asset | -1.38 | ||||
| Current Valuation | 594.78 K | ||||
| Shares Outstanding | 68.55 M | ||||
| Price To Earning | (9.09) X | ||||
| Price To Book | 67.20 X | ||||
| EBITDA | (566.34 K) | ||||
| Net Income | (435.95 K) | ||||
| Cash And Equivalents | 6.8 K | ||||
| Total Debt | 42.5 K | ||||
| Debt To Equity | 27.80 % | ||||
| Book Value Per Share | (0) X | ||||
| Cash Flow From Operations | (72.05 K) | ||||
| Earnings Per Share | (0.01) X | ||||
| Total Asset | 271.51 K | ||||
| Retained Earnings | (39.95 M) | ||||
About Gitennes Exploration Performance
To evaluate Gitennes Exploration 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 Gitennes Exploration 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 Gitennes 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 Gitennes Exploration market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Gitennes'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.Gitennes Exploration Inc. explores for mineral deposits in Peru and Canada. Gitennes Exploration Inc. was incorporated in 1992 and is based in Vancouver, Canada. GITENNES EXPLORATION operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.Things to note about Gitennes Exploration performance evaluation
Checking the ongoing alerts about Gitennes Exploration for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Gitennes Exploration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Gitennes Exploration is way too risky over 90 days horizon | |
| Gitennes Exploration has some characteristics of a very speculative penny stock | |
| Gitennes Exploration appears to be risky and price may revert if volatility continues | |
| Gitennes Exploration has high likelihood to experience some financial distress in the next 2 years | |
| The company has accumulated 42.5 K in total debt with debt to equity ratio (D/E) of 27.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Gitennes Exploration has a current ratio of 0.05, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Gitennes Exploration until it has trouble settling it off, either with new capital or with free cash flow. So, Gitennes Exploration's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Gitennes Exploration sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gitennes to invest in growth at high rates of return. When we think about Gitennes Exploration's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (435.95 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Gitennes Exploration has accumulated about 6.8 K in cash with (72.05 K) of positive cash flow from operations. |
- Analyzing Gitennes Exploration's 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 Gitennes Exploration's stock is overvalued or undervalued compared to its peers.
- Examining Gitennes Exploration's 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 Gitennes Exploration's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Gitennes Exploration's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Gitennes Exploration's stock. These opinions can provide insight into Gitennes Exploration's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gitennes Exploration. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Gitennes Stock analysis
When running Gitennes Exploration's price analysis, check to measure Gitennes Exploration'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 Gitennes Exploration is operating at the current time. Most of Gitennes Exploration's value examination focuses on studying past and present price action to predict the probability of Gitennes Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gitennes Exploration's price. Additionally, you may evaluate how the addition of Gitennes Exploration to your portfolios can decrease your overall portfolio volatility.
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