Scorpio Gold Corp Stock Buy Hold or Sell Recommendation
| SGN Stock | CAD 0.13 0.01 7.14% |
Assuming the 90 days horizon and your complete indifference towards market risk, our recommendation regarding Scorpio Gold Corp is 'Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Scorpio Gold Corp given historical horizon and risk tolerance towards Scorpio Gold. When Macroaxis issues a 'buy' or 'sell' recommendation for Scorpio Gold Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Scorpio 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 Scorpio and provide practical buy, sell, or hold advice based on investors' constraints. Scorpio 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 board of governors.
Scorpio |
Execute Scorpio Gold Buy or Sell Advice
The Scorpio recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Scorpio Gold Corp. Macroaxis does not own or have any residual interests in Scorpio Gold Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Scorpio Gold's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Insignificant | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Scorpio Gold Trading Alerts and Improvement Suggestions
| Scorpio Gold Corp had very high historical volatility over the last 90 days | |
| Scorpio Gold Corp has some characteristics of a very speculative penny stock | |
| Scorpio Gold Corp has a very high chance of going through financial distress in the upcoming years | |
| Scorpio Gold Corp has accumulated 4.47 M in total debt with debt to equity ratio (D/E) of 39.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Scorpio Gold Corp has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Scorpio Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Scorpio Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Scorpio Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Scorpio to invest in growth at high rates of return. When we think about Scorpio Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.27 M) with loss before overhead, payroll, taxes, and interest of (1.79 M). | |
| Scorpio Gold Corp has accumulated about 841 K in cash with (1.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
Scorpio Gold Returns Distribution Density
The distribution of Scorpio Gold's historical returns is an attempt to chart the uncertainty of Scorpio Gold's future price movements. The chart of the probability distribution of Scorpio Gold daily returns describes the distribution of returns around its average expected value. We use Scorpio Gold Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Scorpio Gold returns is essential to provide solid investment advice for Scorpio Gold.
| Mean Return | 0.30 | Value At Risk | -7.69 | Potential Upside | 8.33 | Standard Deviation | 6.04 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Scorpio 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.
Scorpio 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 Scorpio Gold 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 Scorpio Gold'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 Scorpio 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 | 0.27 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 6.04 | |
Ir | Information ratio | 0.03 |
Scorpio Gold Volatility Alert
Scorpio Gold Corp is displaying above-average volatility over the selected time horizon. Scorpio Gold Corp is a potential penny stock. Although Scorpio Gold may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Scorpio Gold Corp. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Scorpio instrument if you perfectly time your entry and exit. However, remember that penny stocks 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.Scorpio Gold Fundamentals Vs Peers
Comparing Scorpio 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 Scorpio Gold's direct or indirect competition across all of the common fundamentals between Scorpio Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as Scorpio Gold or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Scorpio Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing Scorpio Gold by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Scorpio Gold to competition |
| Fundamentals | Scorpio Gold | Peer Average |
| Return On Equity | -0.5 | -0.31 |
| Return On Asset | -0.11 | -0.14 |
| Current Valuation | 20.81 M | 16.62 B |
| Shares Outstanding | 130.27 M | 571.82 M |
| Shares Owned By Insiders | 3.70 % | 10.09 % |
| Shares Owned By Institutions | 5.43 % | 39.21 % |
| Number Of Shares Shorted | 27.55 K | 4.71 M |
| Price To Earning | 2.35 X | 28.72 X |
| Price To Book | 1.65 X | 9.51 X |
| Price To Sales | 6.80 X | 11.42 X |
| Gross Profit | (1.79 M) | 27.38 B |
| EBITDA | (3 M) | 3.9 B |
| Net Income | (2.27 M) | 570.98 M |
| Cash And Equivalents | 841 K | 2.7 B |
| Cash Per Share | 0.01 X | 5.01 X |
| Total Debt | 4.47 M | 5.32 B |
| Debt To Equity | 39.50 % | 48.70 % |
| Current Ratio | 0.64 X | 2.16 X |
| Book Value Per Share | 0.08 X | 1.93 K |
| Cash Flow From Operations | (1.44 M) | 971.22 M |
| Short Ratio | 0.01 X | 4.00 X |
| Earnings Per Share | (0.08) X | 3.12 X |
| Target Price | 0.56 | |
| Number Of Employees | 4 | 18.84 K |
| Beta | 1.21 | -0.15 |
| Market Capitalization | 16.93 M | 19.03 B |
| Total Asset | 14.69 M | 29.47 B |
| Retained Earnings | (65.71 M) | 9.33 B |
| Working Capital | (5.66 M) | 1.48 B |
| Net Asset | 14.69 M |
Scorpio Gold Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Scorpio . 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.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.93 | |||
| Day Median Price | 0.13 | |||
| Day Typical Price | 0.13 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 45.4 |
About Scorpio Gold Buy or Sell Advice
When is the right time to buy or sell Scorpio Gold Corp? Buying financial instruments such as Scorpio 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.
Use Investing Ideas to Build Portfolios
In addition to having Scorpio 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 Insurance Providers Thematic Idea Now
Insurance Providers
Companies providing all types of insurance and insurance services. The Insurance Providers theme has 40 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 Insurance Providers Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Scorpio Stock Analysis
When running Scorpio Gold's price analysis, check to measure Scorpio 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 Scorpio Gold is operating at the current time. Most of Scorpio Gold's value examination focuses on studying past and present price action to predict the probability of Scorpio 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 Scorpio Gold's price. Additionally, you may evaluate how the addition of Scorpio Gold to your portfolios can decrease your overall portfolio volatility.