Avidian Gold Corp Stock Performance
| AVGDF Stock | USD 0.09 0.04 83.73% |
Avidian Gold holds a performance score of 4 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.9, which signifies possible diversification benefits within a given portfolio. Avidian Gold returns are very sensitive to returns on the market. As the market goes up or down, Avidian Gold is expected to follow. Use Avidian Gold value at risk, kurtosis, and the relationship between the sortino ratio and semi variance , to analyze future returns on Avidian Gold.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Avidian Gold Corp are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile fundamental indicators, Avidian Gold reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 5.2 M | |
| Price Earnings Ratio | 3.1 | |
| Total Cashflows From Investing Activities | -2.1 M | |
| Free Cash Flow | -3.7 M |
Avidian |
Avidian Gold Relative Risk vs. Return Landscape
If you would invest 14.00 in Avidian Gold Corp on September 1, 2024 and sell it today you would lose (4.74) from holding Avidian Gold Corp or give up 33.86% of portfolio value over 90 days. Avidian Gold Corp is currently producing 1.0527% returns and takes up 19.9826% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Avidian, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Avidian Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avidian Gold's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Avidian Gold Corp, and traders can use it to determine the average amount a Avidian 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 = 0.0527
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Estimated Market Risk
| 19.98 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.05 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Avidian Gold is performing at about 4% of its full potential. 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 Avidian Gold by adding it to a well-diversified portfolio.
Avidian Gold Fundamentals Growth
Avidian Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Avidian Gold, and Avidian 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 Avidian Pink Sheet performance.
| Return On Equity | -0.61 | |||
| Return On Asset | -0.8 | |||
| Current Valuation | 3.83 M | |||
| Shares Outstanding | 179.31 M | |||
| Price To Book | 3.42 X | |||
| EBITDA | (945.05 K) | |||
| Cash And Equivalents | 610.12 K | |||
| Total Debt | 604.49 K | |||
| Debt To Equity | 0.60 % | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (3.7 M) | |||
| Earnings Per Share | 0.01 X | |||
| Total Asset | 1.96 M | |||
About Avidian Gold Performance
By analyzing Avidian Gold's fundamental ratios, stakeholders can gain valuable insights into Avidian Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Avidian 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 Avidian Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Avidian Gold Corp. engages in the acquisition, exploration, and development of gold properties in North America. The company was founded in 2011 and is headquartered in Toronto, Canada. AVIDIAN GOLD operates under Gold classification in the United States and is traded on OTC Exchange.Things to note about Avidian Gold Corp performance evaluation
Checking the ongoing alerts about Avidian Gold for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Avidian Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Avidian Gold Corp is way too risky over 90 days horizon | |
| Avidian Gold Corp has some characteristics of a very speculative penny stock | |
| Avidian Gold Corp appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (282.33 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Avidian Gold Corp has accumulated about 610.12 K in cash with (3.7 M) of positive cash flow from operations. | |
| Roughly 18.0% of the company shares are held by company insiders |
- Analyzing Avidian 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 Avidian Gold's stock is overvalued or undervalued compared to its peers.
- Examining Avidian 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 Avidian Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Avidian Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Avidian Gold's pink sheet. These opinions can provide insight into Avidian Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Avidian Pink Sheet analysis
When running Avidian Gold's price analysis, check to measure Avidian 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 Avidian Gold is operating at the current time. Most of Avidian Gold's value examination focuses on studying past and present price action to predict the probability of Avidian 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 Avidian Gold's price. Additionally, you may evaluate how the addition of Avidian Gold to your portfolios can decrease your overall portfolio volatility.
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