GGX Competitors

Pink Sheets . USA . 
Stock . GGX Gold Corp
GGXXF Stock  USD 0.01  0.0003  2.34%   
GGX Gold Corp competes with GFG Resources, Jaguar Mining, K92 Mining, Torex Gold, and Dynacor Gold; as well as few others. The company classifies itself under Basic Materials sector and is part of Gold industry. Analyzing GGX Gold competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of GGX Gold to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out GGX Gold Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of GGX Gold competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GGX Gold's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.000.017.26
Details
Intrinsic
Valuation
LowRealHigh
0.000.017.26
Details
Naive
Forecast
LowNextHigh
0.00020.017.26
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.2712.5912.91
Details

GGX Gold Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between GGX Gold and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of GGX and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of GGX Gold Corp does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
HUMRF
+ 0.89
JAGGF
GRXMF
+ 0.85
JAGGF
KNTNF
+ 0.76
GFGSF
HUMRF
+ 0.73
GRXMF
KRRGF
+ 0.71
GFGSF
HUMRF
+ 0.67
KDKGF
  
High negative correlations   
GRXMF
- 0.86
KRRGF
JAGGF
- 0.79
KRRGF
MGDPF
- 0.62
TSRMF
HUMRF
- 0.62
KRRGF
KRRGF
- 0.62
KDKGF
MGDPF
- 0.54
GFGSF

Risk-Adjusted Indicators

There is a big difference between GGX Pink Sheet performing well and GGX Gold Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze GGX Gold's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
GFGSF  2.78  0.43  0.03 (0.27) 3.11 
(5.14)
 9.09 
(7.40)
 26.52 
KDKGF  3.63 (0.59) 0.00 (0.20) 0.00 
 0.00 
 16.67 
(16.67)
 36.67 
KRRGF  1.69  0.33  0.09  2.45  2.00 
(1.86)
 3.44 
(3.19)
 11.18 
JAGGF  2.55 (0.46) 0.00 (0.81) 0.00 
 0.00 
 5.75 
(5.79)
 21.21 
GRXMF  2.29 (1.26) 0.00 (1.67) 0.00 
 0.00 
 0.00 
 0.00 
 76.67 
XYZFF  2.78  0.04  0.00  0.09  0.00 
 0.00 
 6.90 
(12.90)
 48.33 
HUMRF  7.33 (0.77) 0.00  0.91  0.00 
 0.00 
 20.00 
(27.06)
 112.66 
TSRMF  4.15  0.40  0.05  1.33  3.99 
(7.67)
 7.14 
(6.25)
 26.25 
MGDPF  2.37 (0.03) 0.00  0.80  0.00 
 0.00 
 5.66 
(4.41)
 13.61 
KNTNF  2.24  0.32  0.06 (1.12) 2.43 
(2.33)
 5.11 
(4.20)
 22.74 
All Fundamental Data

GGX Gold Competitive Analysis

The better you understand GGX Gold competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, GGX Gold's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across GGX Gold's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
GGXXF GFGSF KDKGF KRRGF JAGGF GRXMF XYZFF HUMRF TSRMF MGDPF
 2.34 
 0.01 
GGX
 0.00 
 0.11 
GFG
 8.00 
 0.05 
Klondike
 3.40 
 4.83 
Karora
 1.13 
 2.63 
Jaguar
 0.00 
 0 
Marvel
 0.00 
 0.28 
Anacortes
 20.00 
 0.02 
Hummingbird
 0.00 
 0.17 
Treasury
 1.54 
 0.64 
Marathon
Market Volatility
(90 Days Market Risk)
Out of control
Out of control
Out of control
Very steady
Very risky
Out of control
Very steady
Out of control
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
OK
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Very High
Quite High
Low
Dangerous
Low
Quite High
Dangerous
About Average
Dangerous
Dangerous
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Sell
Strong Sell
Not Rated
Sell
Strong Sell
Not Rated
Strong Sell
Not Rated
Not Rated
Current Ratio
0.01
3.9
4.82
1.96
1.64
7.88
8.64
0.65
2.96
7.28
Net Asset
70.77 K
39.03 M
29.99 M
436.33 M
270.01 M
N/A
16.4 M
354.67 M
202.6 M
240.77 M
Profit Margin
N/A
N/A
N/A
0.0225
0.16
22.87
N/A
-0.17
N/A
N/A
EBITDA
(1.4 M)
(815.54 K)
(452.69 K)
79.97 M
64.06 M
(10.14 M)
(3.07 M)
29.87 M
(729.29 K)
(8.93 M)
Current Valuation
1.41 M
11.04 M
8.64 M
607.05 M
131.57 M
10.16 M
8.58 M
126.65 M
30.59 M
154 M
Price To Book
27.03
0.45
0.43
2.52
0.73
0.88
1.2
0.23
0.23
1.0
Operating Margin
N/A
N/A
N/A
0.12
0.21
-11.43
N/A
-0.21
N/A
N/A
Retained Earnings
N/A
N/A
N/A
N/A
(352.84 M)
N/A
N/A
(12 M)
N/A
N/A
Current Asset
N/A
N/A
N/A
N/A
40.23 M
N/A
N/A
74 M
N/A
N/A
Five Year Return
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Beta
1.67
2.05
1.09
0.83
1.11
0.87
N/A
0.71
1.19
1.45
Number Of Employees
9
18
10
8
23
3
4
364
26
34
Shares Outstanding
36.05 M
181.19 M
155.52 M
173.1 M
72.45 M
704.49 M
42.58 M
455.77 M
138.15 M
395.79 M
Cash Flow From Operations
(800.77 K)
(1.32 M)
(781 K)
106.46 M
45.04 M
(9.95 M)
(8.25 M)
22.7 M
(3.42 M)
(5.64 M)
Annual Yield
N/A
N/A
N/A
N/A
0.0602
N/A
N/A
N/A
N/A
N/A
Total Debt
347.43 K
40 K
398.8 K
29.65 M
5.84 M
N/A
N/A
61.81 M
5.41 M
1.56 M
Return On Equity
N/A
-0.0254
-0.0234
0.0227
0.11
-7.96
-2.43
-0.16
-0.0383
-0.0297
Z Score
-59.1
N/A
18.0
10.8
13.6
N/A
N/A
N/A
3.6
N/A
Return On Asset
-4.13
-0.0186
-0.0182
0.0456
0.0723
-0.73
-0.23
-0.0575
-0.0176
-0.0158
Book Value Per Share
-0.035
0.24
0.19
1.9
2.98
0.019
0.36
0.37
1.36
0.94
Number Of Shares Shorted
N/A
N/A
N/A
N/A
8.3 K
N/A
N/A
N/A
N/A
N/A
Current Liabilities
N/A
N/A
N/A
N/A
63.47 M
N/A
N/A
37 M
N/A
N/A
Total Asset
70.77 K
39.03 M
29.99 M
436.33 M
270.01 M
N/A
16.4 M
354.67 M
202.6 M
240.77 M
Debt To Equity
N/A
0.003
0.013
0.12
0.027
N/A
N/A
0.73
0.033
0.006
Short Ratio
N/A
N/A
N/A
N/A
9.31
N/A
N/A
N/A
N/A
N/A
Last Dividend Paid
N/A
N/A
N/A
N/A
0.12
N/A
N/A
N/A
N/A
N/A
Target Price
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Shares Owned By Institutions
N/A
5.33
0.83
39.09
22.57
8.37
N/A
19.42
4.83
45.56
Market Capitalization
2.28 M
20.09 M
12.24 M
543.63 M
146.35 M
10.75 M
13.71 M
40.97 M
33.16 M
262.36 M
Price To Earning
N/A
-24.19
-18.81
9.15
2.18
0.74
N/A
0.83
28.2
-90.0
Price To Earnings To Growth
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Price To Sales
N/A
N/A
N/A
1.98
1.0
14.31
N/A
0.26
N/A
N/A
Net Income
(1.44 M)
(860.16 K)
(627.64 K)
27.47 M
34.19 M
20.52 M
(19.42 M)
(10.91 M)
(3.75 M)
(7.07 M)
Earnings Per Share
-0.029
-0.004
-0.004
0.02
0.32
0.027
-0.38
-0.028
-0.03
-0.026
Shares Owned By Insiders
21.72
4.25
17.6
1.12
49.34
37.65
18.66
23.71
16.93
1.52
Revenue
N/A
N/A
N/A
264.19 M
151.47 M
897.42 K
N/A
162.78 M
N/A
N/A
Working Capital
N/A
N/A
N/A
N/A
(23.24 M)
N/A
N/A
37 M
N/A
N/A
Cash And Equivalents
5.47 K
1.23 M
2.21 M
116.12 M
30.5 M
3.32 M
9.82 M
32.57 M
24.39 M
62 M
Cash Per Share
N/A
0.01
0.01
0.68
0.42
N/A
0.23
0.08
0.18
0.24
Gross Profit
N/A
N/A
N/A
125.88 M
80.12 M
800.57 K
(194)
42.87 M
N/A
N/A
Day Typical Price
0.0128
0.11
0.0464
4.88
2.62
0.0014
0.28
0.02
0.17
0.64
Accumulation Distribution
0.0602
N/A
0.0275
0.0574
0.0076
N/A
N/A
N/A
N/A
0.0308
Market Facilitation Index
8.0E-4
N/A
0.0013
0.29
0.02
N/A
N/A
N/A
N/A
0.02
Daily Balance Of Power
(0.38)
0.0
(3.08)
(0.59)
(1.50)
0.0
0.0
(9,223,372,036,855)
0.0
(0.50)
Period Momentum Indicator
(0.0003)
N/A
(0)
(0.17)
(0.03)
N/A
N/A
(0.01)
N/A
(0.01)
Rate Of Daily Change
0.98
1.0
0.92
0.97
0.99
1.0
1.0
0.8
1.0
0.98
Day Median Price
0.0129
0.11
0.0466
4.9
2.62
0.0014
0.28
0.02
0.17
0.64
Price Action Indicator
(0.0006)
N/A
(0)
(0.16)
(0.01)
N/A
N/A
(0)
N/A
(0.01)
Relative Strength Index
N/A
69.64
56.98
85.16
29.07
N/A
54.08
68.97
37.32
86.47
Coefficient Of Variation
(1,518)
1490.1
(2,057)
635.6
(908.02)
(812.40)
(6,769)
(1,586)
1263.71
(14,784)
Mean Deviation
2.85
2.78
3.63
1.69
2.55
2.29
2.78
7.33
4.15
2.37
Jensen Alpha
(0.27)
0.4293
(0.59)
0.3264
(0.46)
(1.26)
0.0407
(0.77)
0.4
(0.03)
Total Risk Alpha
(1.87)
(0.42)
(1.54)
(0.01)
(0.96)
(2.66)
(1.20)
(3.10)
(0.46)
(0.53)
Sortino Ratio
N/A
0.0347
N/A
0.0932
N/A
N/A
N/A
N/A
0.0494
N/A
Downside Variance
N/A
25.59
N/A
5.71
N/A
N/A
N/A
N/A
41.81
N/A
Standard Deviation
8.3
4.56
7.44
2.25
3.55
9.44
6.88
13.99
5.68
3.14
Kurtosis
11.78
3.27
2.83
0.9769
1.66
66.0
12.19
8.03
1.2
0.3615
Potential Upside
N/A
9.09
16.67
3.44
5.75
N/A
6.9
20.0
7.14
5.66
Treynor Ratio
0.2319
(0.27)
(0.20)
2.45
(0.81)
(1.67)
0.0882
0.9137
1.33
0.8018
Maximum Drawdown
63.0
26.52
36.67
11.18
21.21
76.67
48.33
112.66
26.25
13.61
Variance
68.97
20.76
55.36
5.04
12.59
89.06
47.36
195.68
32.3
9.89
Market Risk Adjusted Performance
0.2419
(0.26)
(0.19)
2.46
(0.80)
(1.66)
0.0982
0.9237
1.34
0.8118
Risk Adjusted Performance
(0.04)
0.0596
(0.03)
0.1269
(0.08)
(0.08)
(0)
(0.04)
0.0691
0.0024
Skewness
(0.41)
1.05
0.3629
0.0126
(0.17)
(8.12)
0.4603
(0.95)
0.6949
0.6537
Semi Deviation
N/A
3.11
N/A
2.0
N/A
N/A
N/A
N/A
3.99
N/A
Information Ratio
(0.08)
0.0385
(0.07)
0.0992
(0.15)
(0.14)
(0.03)
(0.07)
0.0562
(0.05)
Value At Risk
(7.50)
(7.40)
(16.67)
(3.19)
(5.79)
N/A
(12.90)
(27.06)
(6.25)
(4.41)
Expected Short fall
N/A
(5.14)
N/A
(1.86)
N/A
N/A
N/A
N/A
(7.67)
N/A
Downside Deviation
N/A
5.06
N/A
2.39
N/A
N/A
N/A
N/A
6.47
N/A
Semi Variance
N/A
9.7
N/A
4.02
N/A
N/A
N/A
N/A
15.9
N/A

GGX Gold Competition Performance Charts

Five steps to successful analysis of GGX Gold Competition

GGX Gold's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by GGX Gold Corp in relation to its competition. GGX Gold's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of GGX Gold in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact GGX Gold's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to GGX Gold Corp, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your GGX Gold position

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Other Information on Investing in GGX Pink Sheet

GGX Gold financial ratios help investors to determine whether GGX Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in GGX with respect to the benefits of owning GGX Gold security.
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