Clarity Gold Corp Stock Buy Hold or Sell Recommendation
| CLGCF Stock | USD 0.03 0 15.38% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Clarity Gold Corp is 'Strong Sell'. Macroaxis provides Clarity Gold buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CLGCF positions.
Check out Clarity Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Clarity and provide practical buy, sell, or hold advice based on investors' constraints. Clarity Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Clarity |
Execute Clarity Gold Buy or Sell Advice
The Clarity recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Clarity Gold Corp. Macroaxis does not own or have any residual interests in Clarity Gold Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Clarity Gold's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Clarity Gold Trading Alerts and Improvement Suggestions
| Clarity Gold Corp had very high historical volatility over the last 90 days | |
| Clarity Gold Corp has some characteristics of a very speculative penny stock | |
| Clarity Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (6.52 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Clarity Gold Corp has accumulated about 2.31 M in cash with (4.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Clarity Gold Returns Distribution Density
The distribution of Clarity Gold's historical returns is an attempt to chart the uncertainty of Clarity Gold's future price movements. The chart of the probability distribution of Clarity Gold daily returns describes the distribution of returns around its average expected value. We use Clarity Gold Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Clarity Gold returns is essential to provide solid investment advice for Clarity Gold.
| Mean Return | 0.16 | Value At Risk | -16.97 | Potential Upside | 19.05 | Standard Deviation | 10.95 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Clarity Gold historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Clarity Gold Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Clarity Gold or Basic Materials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Clarity Gold's price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Clarity pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.21 | |
β | Beta against Dow Jones | -0.45 | |
σ | Overall volatility | 11.07 | |
Ir | Information ratio | 0 |
Clarity Gold Volatility Alert
Clarity Gold Corp is showing large volatility of returns over the selected time horizon. Clarity Gold Corp is a penny stock. Although Clarity Gold may be in fact a good investment, many penny pink sheets are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Clarity Gold Corp. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Clarity instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Clarity Gold Fundamentals Vs Peers
Comparing Clarity Gold's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Clarity Gold's direct or indirect competition across all of the common fundamentals between Clarity Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as Clarity Gold or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Clarity Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing Clarity Gold by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Clarity Gold to competition |
| Fundamentals | Clarity Gold | Peer Average |
| Return On Equity | -0.47 | -0.31 |
| Return On Asset | -0.11 | -0.14 |
| Current Valuation | 1.32 M | 16.62 B |
| Shares Outstanding | 42.14 M | 571.82 M |
| Shares Owned By Insiders | 9.70 % | 10.09 % |
| Shares Owned By Institutions | 0.53 % | 39.21 % |
| Price To Book | 1.75 X | 9.51 X |
| EBITDA | (6.49 M) | 3.9 B |
| Net Income | (6.52 M) | 570.98 M |
| Cash And Equivalents | 2.31 M | 2.7 B |
| Cash Per Share | 0.08 X | 5.01 X |
| Total Debt | 7.08 K | 5.32 B |
| Current Ratio | 4.61 X | 2.16 X |
| Book Value Per Share | 0.09 X | 1.93 K |
| Cash Flow From Operations | (4.62 M) | 971.22 M |
| Earnings Per Share | (0.14) X | 3.12 X |
| Number Of Employees | 2 | 18.84 K |
| Beta | 2.54 | -0.15 |
| Market Capitalization | 8.58 M | 19.03 B |
| Total Asset | 3.5 M | 29.47 B |
| Net Asset | 3.5 M |
Clarity Gold Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Clarity . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Clarity Gold Buy or Sell Advice
When is the right time to buy or sell Clarity Gold Corp? Buying financial instruments such as Clarity Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Clarity Gold in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Aggressive Funds Thematic Idea Now
Aggressive Funds
Funds or Etfs that attempt to achieve high capital gains by investing in companies with high growth potential and above average risk. The Aggressive Funds theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Aggressive Funds Theme or any other thematic opportunities.
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Other Information on Investing in Clarity Pink Sheet
Clarity Gold financial ratios help investors to determine whether Clarity 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 Clarity with respect to the benefits of owning Clarity Gold security.