Independence Gold Financials
| IEGCF Stock | USD 0.16 0.01 6.67% |
With this module, you can analyze Independence financials for your investing period. You should be able to track the changes in Independence Gold individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Independence |
Understanding current and past Independence Gold Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Independence Gold's financial statements are interrelated, with each one affecting the others. For example, an increase in Independence Gold's assets may result in an increase in income on the income statement.
The data published in Independence Gold's official financial statements typically reflect Independence Gold'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 Independence Gold's quantitative information. For example, before you start analyzing numbers published by Independence accountants, it's essential to understand Independence Gold's liquidity, profitability, and earnings quality within the context of the Metals & Mining space in which it operates.
Independence Gold Stock Summary
Independence Gold competes with Guanajuato Silver, Silver One, IMPACT Silver, Bald Eagle, and Discovery Metals. Independence Gold Corp. engages in the acquisition, exploration, and evaluation of precious metal properties in North America. The company was incorporated in 2011 and is headquartered in Vancouver, Canada. Independence Gold operates under Gold classification in the United States and is traded on OTC Exchange.| Instrument | USA OTC Stock View All |
| Exchange | OTCQB Exchange |
| Business Address | 625 Howe Street, |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.ingold.ca |
| Phone | 604 687 3959 |
| Currency | USD - US Dollar |
Independence Gold Key Financial Ratios
There are many critical financial ratios that Independence Gold's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Independence Gold Corp reports annually and quarterly.Independence Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Independence Gold's current stock value. Our valuation model uses many indicators to compare Independence Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Independence Gold competition to find correlations between indicators driving Independence Gold's intrinsic value. More Info.Independence Gold Corp is rated fourth overall in return on equity category among its peers. It is rated third overall 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 Independence Gold's earnings, one of the primary drivers of an investment's value.Independence Gold Corp Systematic Risk
Independence Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Independence Gold 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Independence Gold Corp correlated with the market. If Beta is less than 0 Independence Gold generally moves in the opposite direction as compared to the market. If Independence Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Independence Gold Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Independence Gold is generally in the same direction as the market. If Beta > 1 Independence Gold moves generally in the same direction as, but more than the movement of the benchmark.
Independence Gold November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Independence Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Independence Gold Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Independence Gold Corp based on widely used predictive technical indicators. In general, we focus on analyzing Independence OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Independence Gold's daily price indicators and compare them against related drivers.
| Downside Deviation | 6.99 | |||
| Information Ratio | 0.0081 | |||
| Maximum Drawdown | 23.86 | |||
| Value At Risk | (9.52) | |||
| Potential Upside | 11.11 |
Complementary Tools for Independence OTC Stock analysis
When running Independence Gold's price analysis, check to measure Independence 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 Independence Gold is operating at the current time. Most of Independence Gold's value examination focuses on studying past and present price action to predict the probability of Independence 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 Independence Gold's price. Additionally, you may evaluate how the addition of Independence Gold to your portfolios can decrease your overall portfolio volatility.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |