Golden Lake Exploration Stock Performance
| GOLXF Stock | USD 0.03 0 8.20% |
The company retains a Market Volatility (i.e., Beta) of 2.06, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Golden Lake will likely underperform. At this point, Golden Lake Exploration has a negative expected return of -0.32%. Please make sure to check out Golden Lake's value at risk, as well as the relationship between the daily balance of power and price action indicator , to decide if Golden Lake Exploration performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Golden Lake Exploration has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 423.1 K | |
| Total Cashflows From Investing Activities | -4.2 M |
Golden |
Golden Lake Relative Risk vs. Return Landscape
If you would invest 4.41 in Golden Lake Exploration on August 25, 2024 and sell it today you would lose (1.50) from holding Golden Lake Exploration or give up 34.01% of portfolio value over 90 days. Golden Lake Exploration is currently producing negative expected returns and takes up 8.1239% volatility of returns over 90 trading days. Put another way, 72% of traded otc stocks are less volatile than Golden, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Golden Lake Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Golden Lake's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Golden Lake Exploration, and traders can use it to determine the average amount a Golden Lake'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 = -0.0392
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| Negative Returns | GOLXF |
Estimated Market Risk
| 8.12 actual daily | 72 72% of assets are less volatile |
Expected Return
| -0.32 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Golden Lake 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 Golden Lake by adding Golden Lake to a well-diversified portfolio.
Golden Lake Fundamentals Growth
Golden OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Golden Lake, and Golden Lake 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 Golden OTC Stock performance.
| Return On Equity | -0.13 | |||
| Return On Asset | -0.0454 | |||
| Current Valuation | 2.62 M | |||
| Shares Outstanding | 64.7 M | |||
| Price To Book | 0.54 X | |||
| EBITDA | (1.87 M) | |||
| Cash And Equivalents | 2.26 M | |||
| Cash Per Share | 0.04 X | |||
| Book Value Per Share | 0.17 X | |||
| Cash Flow From Operations | (923.68 K) | |||
| Earnings Per Share | (0.03) X | |||
| Total Asset | 12.25 M | |||
About Golden Lake Performance
By analyzing Golden Lake's fundamental ratios, stakeholders can gain valuable insights into Golden Lake's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Golden Lake 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 Golden Lake has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Golden Lake Exploration Inc., a junior mining exploration company, engages in the acquisition, exploration, and development of mineral property assets. Golden Lake Exploration Inc. was incorporated in 2018 and is based in Vancouver, Canada. Golden Lake operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Golden Lake Exploration performance evaluation
Checking the ongoing alerts about Golden Lake for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Golden Lake Exploration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Golden Lake generated a negative expected return over the last 90 days | |
| Golden Lake has high historical volatility and very poor performance | |
| Golden Lake has some characteristics of a very speculative penny stock | |
| Golden Lake has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.85 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Golden Lake Exploration has accumulated about 2.26 M in cash with (923.68 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Golden Lake'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 Golden Lake's stock is overvalued or undervalued compared to its peers.
- Examining Golden Lake'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 Golden Lake's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Golden Lake's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Golden Lake's otc stock. These opinions can provide insight into Golden Lake's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Golden OTC Stock analysis
When running Golden Lake's price analysis, check to measure Golden Lake'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 Golden Lake is operating at the current time. Most of Golden Lake's value examination focuses on studying past and present price action to predict the probability of Golden Lake's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Lake's price. Additionally, you may evaluate how the addition of Golden Lake to your portfolios can decrease your overall portfolio volatility.
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