Gold Road (Australia) Buy Hold or Sell Recommendation
| GOR Stock | 1.86 0.05 2.62% |
Assuming the 90 days trading horizon and your slightly conservative level of risk, our recommendation regarding Gold Road Resources is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Gold Road Resources given historical horizon and risk tolerance towards Gold Road. When Macroaxis issues a 'buy' or 'sell' recommendation for Gold Road Resources, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Gold Road 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 Gold and provide practical buy, sell, or hold advice based on investors' constraints. Gold Road Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Gold |
Execute Gold Road Buy or Sell Advice
The Gold recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Gold Road Resources. Macroaxis does not own or have any residual interests in Gold Road Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Gold Road's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Gold Road Trading Alerts and Improvement Suggestions
| Gold Road Resources may become a speculative penny stock | |
| Gold Road Resources is unlikely to experience financial distress in the next 2 years | |
| Latest headline from news.google.com: Gold Road Resources 3-Year EBITDA Growth Rate 7.10 percent - GuruFocus.com |
Gold Road Returns Distribution Density
The distribution of Gold Road's historical returns is an attempt to chart the uncertainty of Gold Road's future price movements. The chart of the probability distribution of Gold Road daily returns describes the distribution of returns around its average expected value. We use Gold Road Resources price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Gold Road returns is essential to provide solid investment advice for Gold Road.
| Mean Return | 0.13 | Value At Risk | -2.84 | Potential Upside | 3.66 | Standard Deviation | 2.16 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Gold Road 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.
Gold Road Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Capital Expenditures | 46.0M | 45.1M | 60.7M | 51.2M | 81.0M | 85.0M | |
| End Period Cash Flow | 101.3M | 126.4M | 131.5M | 74.4M | 143.8M | 151.0M | |
| Change In Cash | 67.4M | 25.1M | 5.1M | (57.1M) | 69.4M | 72.9M | |
| Free Cash Flow | (12.0M) | 97.6M | (60.7M) | 95.9M | 152.6M | 160.2M | |
| Depreciation | 12.8M | 50.0M | 61.5M | 83.4M | 81.1M | 85.2M | |
| Other Non Cash Items | 9.6M | (17.3M) | (98.3M) | (147.1M) | 37.6M | 39.5M | |
| Net Income | (4.7M) | 80.8M | 36.8M | 63.7M | 115.7M | 121.5M | |
| Investments | (50K) | 18.1M | (57.1M) | (157.0M) | (135.8M) | (129.1M) | |
| Change To Netincome | 10.7M | (18.0M) | (9.2M) | (1.4M) | (1.6M) | (1.7M) | |
| Net Borrowings | 69.7M | (89.2M) | (10.0M) | (19.6M) | (17.6M) | (16.7M) |
Gold Road 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 Gold Road or Metals & Mining 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 Gold Road's price will be affected by overall stock 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 Gold stock'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 | 0.14 | |
β | Beta against Dow Jones | -0.18 | |
σ | Overall volatility | 2.17 | |
Ir | Information ratio | 0 |
Gold Road Volatility Alert
Gold Road Resources currently demonstrates below-average downside deviation. It has Information Ratio of 0.0 and Jensen Alpha of 0.14. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Gold Road's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Gold Road's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Gold Road Fundamentals Vs Peers
Comparing Gold Road'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 Gold Road's direct or indirect competition across all of the common fundamentals between Gold Road and the related equities. This way, we can detect undervalued stocks with similar characteristics as Gold Road or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Gold Road's fundamental indicators could also be used in its relative valuation, which is a method of valuing Gold Road by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Gold Road to competition |
| Fundamentals | Gold Road | Peer Average |
| Return On Equity | 0.11 | -0.31 |
| Return On Asset | 0.0821 | -0.14 |
| Profit Margin | 0.23 % | (1.27) % |
| Operating Margin | 0.29 % | (5.51) % |
| Current Valuation | 2.06 B | 16.62 B |
| Shares Outstanding | 1.08 B | 571.82 M |
| Shares Owned By Insiders | 5.31 % | 10.09 % |
| Shares Owned By Institutions | 46.95 % | 39.21 % |
| Price To Book | 2.12 X | 9.51 X |
| Price To Sales | 4.54 X | 11.42 X |
| Revenue | 472.12 M | 9.43 B |
| Gross Profit | 148.4 M | 27.38 B |
| EBITDA | 255.42 M | 3.9 B |
| Net Income | 115.72 M | 570.98 M |
| Total Debt | 128.62 M | 5.32 B |
| Book Value Per Share | 0.88 X | 1.93 K |
| Cash Flow From Operations | 233.57 M | 971.22 M |
| Earnings Per Share | 0.10 X | 3.12 X |
| Target Price | 2.2 | |
| Beta | 0.57 | -0.15 |
| Market Capitalization | 2.07 B | 19.03 B |
| Total Asset | 1.18 B | 29.47 B |
| Retained Earnings | 385.31 M | 9.33 B |
| Working Capital | 110.06 M | 1.48 B |
| Annual Yield | 0.01 % | |
| Net Asset | 1.18 B | |
| Last Dividend Paid | 0.015 |
Gold Road Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Gold . 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 Gold Road Buy or Sell Advice
When is the right time to buy or sell Gold Road Resources? Buying financial instruments such as Gold Stock 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.
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In addition to having Gold Road 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?
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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 45 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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Additional Tools for Gold Stock Analysis
When running Gold Road's price analysis, check to measure Gold Road'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 Gold Road is operating at the current time. Most of Gold Road's value examination focuses on studying past and present price action to predict the probability of Gold Road's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold Road's price. Additionally, you may evaluate how the addition of Gold Road to your portfolios can decrease your overall portfolio volatility.