Big Ridge Gold Stock Performance
| ALVLF Stock | USD 0.06 0 3.33% |
The firm shows a Beta (market volatility) of 0.0818, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Big Ridge's returns are expected to increase less than the market. However, during the bear market, the loss of holding Big Ridge is expected to be smaller as well. At this point, Big Ridge Gold has a negative expected return of -0.0429%. Please make sure to confirm Big Ridge's jensen alpha and the relationship between the potential upside and price action indicator , to decide if Big Ridge Gold performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Big Ridge Gold has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable essential indicators, Big Ridge 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 | 8.3 M | |
| Total Cashflows From Investing Activities | -566.1 K |
Big |
Big Ridge Relative Risk vs. Return Landscape
If you would invest 7.00 in Big Ridge Gold on November 27, 2024 and sell it today you would lose (1.20) from holding Big Ridge Gold or give up 17.14% of portfolio value over 90 days. Big Ridge Gold is currently producing negative expected returns and takes up 7.4659% volatility of returns over 90 trading days. Put another way, 66% of traded otc stocks are less volatile than Big, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Big Ridge Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Big Ridge's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Big Ridge Gold, and traders can use it to determine the average amount a Big Ridge'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 = -0.0057
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ALVLF |
Estimated Market Risk
| 7.47 actual daily | 66 66% of assets are less volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Big Ridge 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 Big Ridge by adding Big Ridge to a well-diversified portfolio.
Big Ridge Fundamentals Growth
Big OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Big Ridge, and Big Ridge 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 Big OTC Stock performance.
| Return On Equity | -1.29 | |||
| Return On Asset | -0.71 | |||
| Current Valuation | 7.51 M | |||
| Shares Outstanding | 136.61 M | |||
| Price To Earning | (0.76) X | |||
| Price To Book | 1.97 X | |||
| EBITDA | (11.41 M) | |||
| Cash And Equivalents | 4.63 M | |||
| Cash Per Share | 0.04 X | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 0.05 X | |||
| Cash Flow From Operations | (9.32 M) | |||
| Earnings Per Share | (0.07) X | |||
| Total Asset | 6.23 M | |||
About Big Ridge Performance
By analyzing Big Ridge's fundamental ratios, stakeholders can gain valuable insights into Big Ridge's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Big Ridge 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 Big Ridge has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Big Ridge Gold Corp. owns and operates gold exploration projects in Canada. The company was formerly known as Alto Ventures Ltd. and changed its name to Big Ridge Gold Corp. in September 2020.Big Ridge Gold Corp. was incorporated in 1987 and is headquartered in Vancouver, Canada. Alto Ventures is traded on OTC Exchange in the United States.Things to note about Big Ridge Gold performance evaluation
Checking the ongoing alerts about Big Ridge for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Big Ridge Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Big Ridge Gold generated a negative expected return over the last 90 days | |
| Big Ridge Gold has high historical volatility and very poor performance | |
| Big Ridge Gold has some characteristics of a very speculative penny stock | |
| Big Ridge Gold has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (12.72 M) with loss before overhead, payroll, taxes, and interest of (278.7 K). | |
| Big Ridge Gold has accumulated about 4.63 M in cash with (9.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 31.0% of the company shares are held by company insiders |
- Analyzing Big Ridge'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 Big Ridge's stock is overvalued or undervalued compared to its peers.
- Examining Big Ridge'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 Big Ridge's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Big Ridge's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Big Ridge's otc stock. These opinions can provide insight into Big Ridge's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Big OTC Stock analysis
When running Big Ridge's price analysis, check to measure Big Ridge'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 Big Ridge is operating at the current time. Most of Big Ridge's value examination focuses on studying past and present price action to predict the probability of Big Ridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Big Ridge's price. Additionally, you may evaluate how the addition of Big Ridge to your portfolios can decrease your overall portfolio volatility.
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