Mexican Gold Mining Stock Performance
| MEXGF Stock | USD 0.02 0 7.11% |
The company secures a Beta (Market Risk) of 0.0318, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mexican Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mexican Gold is expected to be smaller as well. At this point, Mexican Gold Mining has a negative expected return of -0.64%. Please make sure to verify Mexican Gold's potential upside, daily balance of power, as well as the relationship between the Daily Balance Of Power and market facilitation index , to decide if Mexican Gold Mining 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 Mexican Gold Mining 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 technical and fundamental 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 | 121.5 K |
Mexican |
Mexican Gold Relative Risk vs. Return Landscape
If you would invest 4.62 in Mexican Gold Mining on August 31, 2024 and sell it today you would lose (2.51) from holding Mexican Gold Mining or give up 54.33% of portfolio value over 90 days. Mexican Gold Mining is currently producing negative expected returns and takes up 11.3867% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Mexican, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Mexican Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mexican Gold's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Mexican Gold Mining, and traders can use it to determine the average amount a Mexican 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 = -0.0565
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| Negative Returns | MEXGF |
Estimated Market Risk
| 11.39 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.64 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mexican 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 Mexican Gold by adding Mexican Gold to a well-diversified portfolio.
Mexican Gold Fundamentals Growth
Mexican OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Mexican Gold, and Mexican 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 Mexican OTC Stock performance.
| Return On Equity | -2.2 | |||
| Return On Asset | -0.99 | |||
| Current Valuation | 1.93 M | |||
| Shares Outstanding | 135.04 M | |||
| Price To Book | 20.41 X | |||
| EBITDA | (739.58 K) | |||
| Cash And Equivalents | 92.02 K | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (522.04 K) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 148.49 K | |||
About Mexican Gold Performance
By analyzing Mexican Gold's fundamental ratios, stakeholders can gain valuable insights into Mexican Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Mexican 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 Mexican Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Mexican Gold Mining Corp. engages in the acquisition, exploration, and evaluation of resource properties. Mexican Gold Mining Corp. was incorporated in 2006 and is based in Vancouver, Canada. Mexican Gold is traded on OTC Exchange in the United States.Things to note about Mexican Gold Mining performance evaluation
Checking the ongoing alerts about Mexican Gold for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Mexican Gold Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mexican Gold Mining generated a negative expected return over the last 90 days | |
| Mexican Gold Mining has high historical volatility and very poor performance | |
| Mexican Gold Mining has some characteristics of a very speculative penny stock | |
| Mexican Gold Mining has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (739.58 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Mexican Gold Mining has accumulated about 92.02 K in cash with (522.04 K) of positive cash flow from operations. | |
| Latest headline from finance.yahoo.com: Disposition of 21318 shares by Aguiar Rodriguez Carlos Roberto of Hecla Mining subject to Rule 16b-3 |
- Analyzing Mexican 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 Mexican Gold's stock is overvalued or undervalued compared to its peers.
- Examining Mexican 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 Mexican Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mexican Gold's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Mexican Gold's otc stock. These opinions can provide insight into Mexican Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Mexican OTC Stock analysis
When running Mexican Gold's price analysis, check to measure Mexican 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 Mexican Gold is operating at the current time. Most of Mexican Gold's value examination focuses on studying past and present price action to predict the probability of Mexican 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 Mexican Gold's price. Additionally, you may evaluate how the addition of Mexican Gold to your portfolios can decrease your overall portfolio volatility.
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