Q Gold Resources Stock Performance
| QGR Stock | CAD 0.04 0.00 0.00% |
The firm holds a Beta of 1.03, which implies a somewhat significant risk relative to the market. Q Gold returns are very sensitive to returns on the market. As the market goes up or down, Q Gold is expected to follow. Q Gold Resources has an expected return of -0.23%. Please make sure to check Q Gold Resources total risk alpha and the relationship between the value at risk and day median price , to decide if Q Gold Resources performance from the past will be repeated sooner or later.
Risk-Adjusted Performance
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Over the last 90 days Q Gold Resources has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in June 2024. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
Last Split Factor 1:4 | Dividend Date 2018-01-16 | Last Split Date 2018-01-16 |
1 | A Weekly Recap of All Things Resources to Friday, February 16th Resource World Magazine - Resource World Magazine | 02/16/2024 |
2 | Can Fisker Stock Pull a NIO and Fend Off Bankruptcy in 2024 - The Globe and Mail | 03/04/2024 |
3 | Prediction Alphabet Stock Will Take Off Again... and Heres Why. - The Globe and Mail | 03/19/2024 |
4 | TSX Hops In To the Easter Holiday With 250 Pts In Gains Over Last Two Days BMO Capital Markets Says Canadian ... - TradingView | 03/28/2024 |
5 | Is This Cheap Growth Stock Better Than SoFi or PayPal - The Globe and Mail | 04/04/2024 |
6 | Decoding inflations impact on markets - The Globe and Mail | 04/16/2024 |
7 | Closing Bell Q Gold Resources Ltd flat on Thursday - The Globe and Mail | 04/24/2024 |
| Begin Period Cash Flow | 585.4 K |
QGR |
Q Gold Relative Risk vs. Return Landscape
If you would invest 7.00 in Q Gold Resources on February 3, 2024 and sell it today you would lose (3.00) from holding Q Gold Resources or give up 42.86% of portfolio value over 90 days. Q Gold Resources is currently producing negative expected returns and takes up 11.7702% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than QGR, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Q Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Q Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Q Gold Resources, and traders can use it to determine the average amount a Q 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 = -0.0196
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| Negative Returns | QGR |
Estimated Market Risk
| 11.77 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Q Gold is not performing at its full potential. However, 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 Q Gold by adding Q Gold to a well-diversified portfolio.
Q Gold Fundamentals Growth
QGR Stock prices reflect investors' perceptions of the future prospects and financial health of Q Gold, and Q 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 QGR Stock performance.
| Return On Equity | -3.24 | |||
| Return On Asset | -1.46 | |||
| Current Valuation | 2.25 M | |||
| Shares Outstanding | 56 M | |||
| Price To Earning | (1.30) X | |||
| Price To Book | 168.47 X | |||
| Gross Profit | (1.62 K) | |||
| EBITDA | (1.34 M) | |||
| Net Income | (1.43 M) | |||
| Cash And Equivalents | 294.25 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 285.42 K | |||
| Debt To Equity | 0.20 % | |||
| Book Value Per Share | (0.03) X | |||
| Cash Flow From Operations | (545.35 K) | |||
| Earnings Per Share | (0.03) X | |||
| Total Asset | 481.53 K | |||
| Retained Earnings | (24.8 M) | |||
About Q Gold Performance
To evaluate Q Gold Resources 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 Q 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 QGR 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 Q Gold Resources market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents QGR'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.Q-Gold Resources Ltd. engages in the exploration and development of mineral properties in Canada and the United States. Q-Gold Resources Ltd. was incorporated in 1998 and is based in Toronto, Canada. Q GOLD is traded on TSX Venture Exchange in Canada.Things to note about Q Gold Resources performance evaluation
Checking the ongoing alerts about Q Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Q Gold Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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 |
- Analyzing Q 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 Q Gold's stock is overvalued or undervalued compared to its peers.
- Examining Q 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 Q Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Q Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Q Gold's stock. These opinions can provide insight into Q Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Q Gold Resources. 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for QGR Stock analysis
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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