Magellan Gold Corp Stock Performance
| MAGE Stock | USD 0.09 0.03 25.00% |
The company secures a Beta (Market Risk) of -0.72, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Magellan Gold are expected to decrease at a much lower rate. During the bear market, Magellan Gold is likely to outperform the market. At this point, Magellan Gold Corp has a negative expected return of -0.21%. Please make sure to verify Magellan Gold's jensen alpha, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to decide if Magellan Gold Corp 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 Magellan Gold Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fragile performance in the last few months, the Stock's technical and fundamental indicators remain rather sound which may send shares a bit higher in December 2024. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
| Total Cashflows From Investing Activities | -80.5 K |
Magellan |
Magellan Gold Relative Risk vs. Return Landscape
If you would invest 12.00 in Magellan Gold Corp on September 1, 2024 and sell it today you would lose (3.00) from holding Magellan Gold Corp or give up 25.0% of portfolio value over 90 days. Magellan Gold Corp is currently does not generate positive expected returns and assumes 6.8222% risk (volatility on return distribution) over the 90 days horizon. In different words, 60% of pink sheets are less volatile than Magellan, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Magellan Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Magellan Gold's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Magellan Gold Corp, and traders can use it to determine the average amount a Magellan 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 = -0.031
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| Negative Returns | MAGE |
Estimated Market Risk
| 6.82 actual daily | 60 60% of assets are less volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Magellan 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 Magellan Gold by adding Magellan Gold to a well-diversified portfolio.
Magellan Gold Fundamentals Growth
Magellan Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Magellan Gold, and Magellan 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 Magellan Pink Sheet performance.
| Return On Asset | -0.13 | |||
| Current Valuation | 3.33 M | |||
| Shares Outstanding | 11.99 M | |||
| Price To Earning | (2.26) X | |||
| Price To Book | 223.31 X | |||
| Price To Sales | 133.67 X | |||
| EBITDA | (1.83 M) | |||
| Cash And Equivalents | 2.71 K | |||
| Total Debt | 870.75 K | |||
| Book Value Per Share | (0.06) X | |||
| Cash Flow From Operations | (312.88 K) | |||
| Earnings Per Share | (0.23) X | |||
| Total Asset | 1.22 M | |||
| Retained Earnings | (12.22 M) | |||
| Current Asset | 94 | |||
| Current Liabilities | 958.35 K | |||
About Magellan Gold Performance
By analyzing Magellan Gold's fundamental ratios, stakeholders can gain valuable insights into Magellan Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Magellan 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 Magellan Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Magellan Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral resources in Idaho. The company was incorporated in 2010 and is headquartered in Wallace, Idaho. MAGELLAN GOLD operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Magellan Gold Corp performance evaluation
Checking the ongoing alerts about Magellan Gold for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Magellan Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Magellan Gold Corp generated a negative expected return over the last 90 days | |
| Magellan Gold Corp has high historical volatility and very poor performance | |
| Magellan Gold Corp has some characteristics of a very speculative penny stock | |
| Magellan Gold Corp has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (2.06 M) with loss before overhead, payroll, taxes, and interest of (253.59 K). | |
| Magellan Gold Corp currently holds about 2.71 K in cash with (312.88 K) of positive cash flow from operations. | |
| Roughly 39.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Magellan 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 Magellan Gold's stock is overvalued or undervalued compared to its peers.
- Examining Magellan 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 Magellan Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Magellan Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Magellan Gold's pink sheet. These opinions can provide insight into Magellan Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Magellan Pink Sheet analysis
When running Magellan Gold's price analysis, check to measure Magellan 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 Magellan Gold is operating at the current time. Most of Magellan Gold's value examination focuses on studying past and present price action to predict the probability of Magellan 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 Magellan Gold's price. Additionally, you may evaluate how the addition of Magellan Gold to your portfolios can decrease your overall portfolio volatility.
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