Eminent Gold Corp Stock Performance
| EMGDF Stock | USD 0.21 0.03 12.50% |
On a scale of 0 to 100, Eminent Gold holds a performance score of 4. The firm shows a Beta (market volatility) of -0.0136, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Eminent Gold are expected to decrease at a much lower rate. During the bear market, Eminent Gold is likely to outperform the market. Please check Eminent Gold's information ratio, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to make a quick decision on whether Eminent Gold's price patterns will revert.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Eminent Gold Corp are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile fundamental indicators, Eminent Gold reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.6 M |
Eminent |
Eminent Gold Relative Risk vs. Return Landscape
If you would invest 19.00 in Eminent Gold Corp on August 29, 2024 and sell it today you would earn a total of 2.00 from holding Eminent Gold Corp or generate 10.53% return on investment over 90 days. Eminent Gold Corp is currently producing 0.2833% returns and takes up 5.1982% volatility of returns over 90 trading days. Put another way, 46% of traded otc stocks are less volatile than Eminent, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Eminent Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eminent Gold's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Eminent Gold Corp, and traders can use it to determine the average amount a Eminent 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 = 0.0545
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Estimated Market Risk
| 5.2 actual daily | 46 54% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Eminent 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 Eminent Gold by adding it to a well-diversified portfolio.
Eminent Gold Fundamentals Growth
Eminent OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Eminent Gold, and Eminent 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 Eminent OTC Stock performance.
| Return On Equity | -0.28 | |||
| Return On Asset | -0.17 | |||
| Current Valuation | 17.29 M | |||
| Shares Outstanding | 44.78 M | |||
| Price To Book | 4.15 X | |||
| EBITDA | (1.21 M) | |||
| Cash And Equivalents | 85.68 K | |||
| Book Value Per Share | 0.12 X | |||
| Cash Flow From Operations | (1.36 M) | |||
| Earnings Per Share | (0.03) X | |||
| Total Asset | 4.93 M | |||
About Eminent Gold Performance
By analyzing Eminent Gold's fundamental ratios, stakeholders can gain valuable insights into Eminent Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Eminent 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 Eminent Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Eminent Gold Corp., gold exploration company, engages in the exploration and evaluation of gold deposits in the United States. Eminent Gold Corp. was incorporated in 2011 and is based in Vancouver, Canada. Eminent Gold operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Eminent Gold Corp performance evaluation
Checking the ongoing alerts about Eminent Gold for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Eminent Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Eminent Gold Corp had very high historical volatility over the last 90 days | |
| Eminent Gold Corp has some characteristics of a very speculative penny stock | |
| Eminent Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.21 M) with loss before overhead, payroll, taxes, and interest of (270.79 K). | |
| Eminent Gold Corp has accumulated about 85.68 K in cash with (1.36 M) of positive cash flow from operations. |
- Analyzing Eminent 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 Eminent Gold's stock is overvalued or undervalued compared to its peers.
- Examining Eminent 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 Eminent Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eminent Gold's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Eminent Gold's otc stock. These opinions can provide insight into Eminent Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Eminent OTC Stock analysis
When running Eminent Gold's price analysis, check to measure Eminent 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 Eminent Gold is operating at the current time. Most of Eminent Gold's value examination focuses on studying past and present price action to predict the probability of Eminent 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 Eminent Gold's price. Additionally, you may evaluate how the addition of Eminent Gold to your portfolios can decrease your overall portfolio volatility.
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