Advance Gold Corp Stock Performance
| ADGCF Stock | USD 0.01 0.00 0.00% |
The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Advance Gold are completely uncorrelated.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Advance Gold Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable fundamental indicators, Advance Gold is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 49 K | |
| Total Cashflows From Investing Activities | -192.9 K |
Advance |
Advance Gold Relative Risk vs. Return Landscape
If you would invest 0.69 in Advance Gold Corp on November 2, 2024 and sell it today you would earn a total of 0.00 from holding Advance Gold Corp or generate 0.0% return on investment over 90 days. Advance Gold Corp is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than Advance, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Advance Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Advance Gold's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Advance Gold Corp, and traders can use it to determine the average amount a Advance Gold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| ADGCF |
Based on monthly moving average Advance Gold is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Advance Gold by adding Advance Gold to a well-diversified portfolio.
Advance Gold Fundamentals Growth
Advance Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Advance Gold, and Advance Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Advance Pink Sheet performance.
| Return On Equity | -1.85 | |||
| Return On Asset | -0.91 | |||
| Current Valuation | 1.2 M | |||
| Shares Outstanding | 83.52 M | |||
| Price To Book | 1.70 X | |||
| EBITDA | (3.54 M) | |||
| Cash And Equivalents | 4.38 K | |||
| Total Debt | 92.08 K | |||
| Debt To Equity | 0.24 % | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (448.84 K) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 871.84 K | |||
About Advance Gold Performance
By analyzing Advance Gold's fundamental ratios, stakeholders can gain valuable insights into Advance Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Advance Gold has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Advance Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Advance Lithium Corp., an exploration stage company, engages in the exploration and evaluation of mineral property interests in Canada, Kenya, and Mexico. Advance Lithium Corp. was incorporated in 2004 and is headquartered in Kamloops, Canada. Advance Lithium is traded on OTC Exchange in the United States.Things to note about Advance Gold Corp performance evaluation
Checking the ongoing alerts about Advance Gold for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Advance Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Advance Gold Corp generated a negative expected return over the last 90 days | |
| Advance Gold Corp has some characteristics of a very speculative penny stock | |
| Advance Gold Corp has a very high chance of going through financial distress in the upcoming years | |
| Advance Gold Corp has accumulated 92.08 K in total debt with debt to equity ratio (D/E) of 0.24, which may suggest the company is not taking enough advantage from borrowing. Advance Gold Corp has a current ratio of 0.16, 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 Advance Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Advance 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 Advance Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Advance to invest in growth at high rates of return. When we think about Advance Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (3.5 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Advance Gold Corp has accumulated about 4.38 K in cash with (448.84 K) of positive cash flow from operations. | |
| Roughly 17.0% of Advance Gold shares are held by company insiders |
- Analyzing Advance Gold's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Advance Gold's stock is overvalued or undervalued compared to its peers.
- Examining Advance Gold's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Advance Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Advance Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Advance Gold's pink sheet. These opinions can provide insight into Advance Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Advance Pink Sheet analysis
When running Advance Gold's price analysis, check to measure Advance 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 Advance Gold is operating at the current time. Most of Advance Gold's value examination focuses on studying past and present price action to predict the probability of Advance 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 Advance Gold's price. Additionally, you may evaluate how the addition of Advance Gold to your portfolios can decrease your overall portfolio volatility.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes |