EnviroGold Global Financials
ESGLF Stock | USD 0.04 0 10.46% |
With this module, you can analyze EnviroGold financials for your investing period. You should be able to track the changes in EnviroGold Global individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
EnviroGold |
Understanding current and past EnviroGold Global Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of EnviroGold Global's financial statements are interrelated, with each one affecting the others. For example, an increase in EnviroGold Global's assets may result in an increase in income on the income statement.
The data published in EnviroGold Global's official financial statements typically reflect EnviroGold Global's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving EnviroGold Global's quantitative information. For example, before you start analyzing numbers published by EnviroGold accountants, it's essential to understand EnviroGold Global's liquidity, profitability, and earnings quality within the context of the Basic Materials space in which it operates.
EnviroGold Global Stock Summary
EnviroGold Global competes with Star Royalties, Defiance Silver, GoGold Resources, Teuton Resources, and Mirasol Resources. EnviroGold Global Limited operates as a clean technology company in Canada. EnviroGold Global Limited is headquartered in Vancouver, Canada. Envirogold Global operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange. It employs 9 people.Instrument | USA OTC Stock View All |
Exchange | OTCQB Exchange |
Business Address | 1 Adelaide Street |
Sector | Basic Materials |
Industry | Other Precious Metals & Mining |
Benchmark | Dow Jones Industrial |
Website | www.envirogoldglobal.com |
Phone | 416 777 6720 |
Currency | USD - US Dollar |
EnviroGold Global Key Financial Ratios
There are many critical financial ratios that EnviroGold Global's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that EnviroGold Global reports annually and quarterly.EnviroGold Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining EnviroGold Global's current stock value. Our valuation model uses many indicators to compare EnviroGold Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across EnviroGold Global competition to find correlations between indicators driving EnviroGold Global's intrinsic value. More Info.EnviroGold Global Limited is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the EnviroGold Global's earnings, one of the primary drivers of an investment's value.EnviroGold Global Systematic Risk
EnviroGold Global's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. EnviroGold Global volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on EnviroGold Global correlated with the market. If Beta is less than 0 EnviroGold Global generally moves in the opposite direction as compared to the market. If EnviroGold Global Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one EnviroGold Global is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of EnviroGold Global is generally in the same direction as the market. If Beta > 1 EnviroGold Global moves generally in the same direction as, but more than the movement of the benchmark.
EnviroGold Global December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of EnviroGold Global help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of EnviroGold Global Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of EnviroGold Global Limited based on widely used predictive technical indicators. In general, we focus on analyzing EnviroGold OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build EnviroGold Global's daily price indicators and compare them against related drivers.
Downside Deviation | 11.01 | |||
Information Ratio | 0.0925 | |||
Maximum Drawdown | 62.23 | |||
Value At Risk | (10.46) | |||
Potential Upside | 16.33 |
Complementary Tools for EnviroGold OTC Stock analysis
When running EnviroGold Global's price analysis, check to measure EnviroGold Global'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 EnviroGold Global is operating at the current time. Most of EnviroGold Global's value examination focuses on studying past and present price action to predict the probability of EnviroGold Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EnviroGold Global's price. Additionally, you may evaluate how the addition of EnviroGold Global to your portfolios can decrease your overall portfolio volatility.
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