Precipitate Gold Corp Stock Alpha and Beta Analysis

PRG Stock  CAD 0.07  0.01  7.14%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Precipitate Gold Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Precipitate Gold over a specified time horizon. Remember, high Precipitate Gold's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Precipitate Gold's market risk premium analysis include:
Beta
1.75
Alpha
0.0585
Risk
8.62
Sharpe Ratio
0.0568
Expected Return
0.49
Please note that although Precipitate Gold alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, Precipitate Gold did 0.06  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Precipitate Gold Corp stock's relative risk over its benchmark. Precipitate Gold Corp has a beta of 1.75  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Precipitate Gold will likely underperform. At this time, Precipitate Gold's Book Value Per Share is fairly stable compared to the past year. Tangible Book Value Per Share is likely to climb to 0.07 in 2024, whereas Enterprise Value Over EBITDA is likely to drop (3.31) in 2024.

Enterprise Value

3.65 Million

Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out Precipitate Gold Backtesting, Precipitate Gold Valuation, Precipitate Gold Correlation, Precipitate Gold Hype Analysis, Precipitate Gold Volatility, Precipitate Gold History and analyze Precipitate Gold Performance.

Precipitate Gold Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Precipitate Gold market risk premium is the additional return an investor will receive from holding Precipitate Gold long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Precipitate Gold. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Precipitate Gold's performance over market.
α0.06   β1.75

Precipitate Gold expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Precipitate Gold's Buy-and-hold return. Our buy-and-hold chart shows how Precipitate Gold performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Precipitate Gold Market Price Analysis

Market price analysis indicators help investors to evaluate how Precipitate Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Precipitate Gold shares will generate the highest return on investment. By understating and applying Precipitate Gold stock market price indicators, traders can identify Precipitate Gold position entry and exit signals to maximize returns.

Precipitate Gold Return and Market Media

The median price of Precipitate Gold for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 0.07 with a coefficient of variation of 7.94. The daily time series for the period is distributed with a sample standard deviation of 0.01, arithmetic mean of 0.07, and mean deviation of 0.0. The Stock received some media coverage during the period.
 Price Growth (%)  
       Timeline  
1
Goldshore aims to raise 12.5 million for Moss gold deposit - Resource World Magazine
10/02/2024

About Precipitate Gold Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Precipitate or other stocks. Alpha measures the amount that position in Precipitate Gold Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2021 2023 2024 (projected)
PB Ratio1.771.262.11
Capex To Depreciation2.823.243.99
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Precipitate Gold in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Precipitate Gold's short interest history, or implied volatility extrapolated from Precipitate Gold options trading.

Build Portfolio with Precipitate Gold

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

Build Diversified Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Additional Tools for Precipitate Stock Analysis

When running Precipitate Gold's price analysis, check to measure Precipitate 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 Precipitate Gold is operating at the current time. Most of Precipitate Gold's value examination focuses on studying past and present price action to predict the probability of Precipitate 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 Precipitate Gold's price. Additionally, you may evaluate how the addition of Precipitate Gold to your portfolios can decrease your overall portfolio volatility.