Harvest Gold Stock Performance
| HVGDF Stock | USD 0.02 0.01 61.33% |
Harvest Gold holds a performance score of 9 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -1.95, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Harvest Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, Harvest Gold is expected to outperform it. Use Harvest Gold kurtosis, as well as the relationship between the day median price and period momentum indicator , to analyze future returns on Harvest Gold.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Harvest Gold are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile fundamental indicators, Harvest Gold reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 818.2 K | |
| Total Cashflows From Investing Activities | -2.3 M |
Harvest |
Harvest Gold Relative Risk vs. Return Landscape
If you would invest 1.50 in Harvest Gold on January 31, 2024 and sell it today you would earn a total of 0.92 from holding Harvest Gold or generate 61.33% return on investment over 90 days. Harvest Gold is currently producing 2.5325% returns and takes up 21.406% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Harvest, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Harvest Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harvest Gold's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Harvest Gold, and traders can use it to determine the average amount a Harvest Gold'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 = 0.1183
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | HVGDF | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 21.41 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.53 actual daily | 50 50% of assets have lower returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Harvest Gold is performing at about 9% 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 Harvest Gold by adding it to a well-diversified portfolio.
Harvest Gold Fundamentals Growth
Harvest Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Harvest Gold, and Harvest Gold 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 Harvest Pink Sheet performance.
| Return On Equity | -0.22 | |||
| Return On Asset | -0.17 | |||
| Current Valuation | 219.27 K | |||
| Shares Outstanding | 39.17 M | |||
| Price To Earning | (1.69) X | |||
| Price To Book | 0.16 X | |||
| EBITDA | (782.02 K) | |||
| Cash And Equivalents | 637.36 K | |||
| Cash Per Share | 0.02 X | |||
| Debt To Equity | 0.15 % | |||
| Book Value Per Share | 0.08 X | |||
| Cash Flow From Operations | (665.5 K) | |||
| Earnings Per Share | (0.03) X | |||
| Total Asset | 3.53 M | |||
About Harvest Gold Performance
To evaluate Harvest Gold Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Harvest Gold 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 Harvest Pink Sheet'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 Harvest Gold market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Harvest'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.Harvest Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and development of natural resource properties. Harvest Gold Corporation was incorporated in 2005 and is headquartered in Vancouver, Canada. HARVEST GOLD is traded on OTC Exchange in the United States.Things to note about Harvest Gold performance evaluation
Checking the ongoing alerts about Harvest Gold for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Harvest Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Harvest Gold is way too risky over 90 days horizon | |
| Harvest Gold has some characteristics of a very speculative penny stock | |
| Harvest Gold appears to be risky and price may revert if volatility continues | |
| Harvest Gold has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (593.97 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Harvest Gold has accumulated about 637.36 K in cash with (665.5 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
- Analyzing Harvest Gold'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 Harvest Gold's stock is overvalued or undervalued compared to its peers.
- Examining Harvest Gold'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 Harvest Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Harvest Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Harvest Gold's pink sheet. These opinions can provide insight into Harvest Gold'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 Harvest Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Harvest Gold information on this page should be used as a complementary analysis to other Harvest Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Harvest Pink Sheet analysis
When running Harvest Gold's price analysis, check to measure Harvest 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 Harvest Gold is operating at the current time. Most of Harvest Gold's value examination focuses on studying past and present price action to predict the probability of Harvest 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 Harvest Gold's price. Additionally, you may evaluate how the addition of Harvest Gold to your portfolios can decrease your overall portfolio volatility.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |