Nighthawk Gold Corp Performance
| MIMZFDelisted Stock | USD 0.41 0.01 2.50% |
The company secures a Beta (Market Risk) of 0.39, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nighthawk Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nighthawk Gold is expected to be smaller as well. Nighthawk Gold Corp right now secures a risk of 0.0%. Please verify Nighthawk Gold Corp total risk alpha and the relationship between the potential upside and day typical price , to decide if Nighthawk Gold Corp will be following its current price movements.
Risk-Adjusted Performance
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Over the last 90 days Nighthawk Gold Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Nighthawk Gold is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 8.3 M | |
| Total Cashflows From Investing Activities | -244.4 K |
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Nighthawk Gold Relative Risk vs. Return Landscape
If you would invest 41.00 in Nighthawk Gold Corp on September 3, 2024 and sell it today you would earn a total of 0.00 from holding Nighthawk Gold Corp or generate 0.0% return on investment over 90 days. Nighthawk Gold Corp is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than Nighthawk, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Nighthawk Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nighthawk Gold's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Nighthawk Gold Corp, and traders can use it to determine the average amount a Nighthawk 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 = 0.0
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Based on monthly moving average Nighthawk 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 Nighthawk Gold by adding Nighthawk Gold to a well-diversified portfolio.
Nighthawk Gold Fundamentals Growth
Nighthawk Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Nighthawk Gold, and Nighthawk 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 Nighthawk Pink Sheet performance.
| Return On Equity | -0.85 | |||
| Return On Asset | -0.46 | |||
| Current Valuation | 17.8 M | |||
| Shares Outstanding | 122.91 M | |||
| Price To Earning | 51.42 X | |||
| Price To Book | 1.66 X | |||
| EBITDA | (35.81 M) | |||
| Cash And Equivalents | 31.56 M | |||
| Cash Per Share | 0.26 X | |||
| Debt To Equity | 0.02 % | |||
| Book Value Per Share | 0.25 X | |||
| Cash Flow From Operations | (34.59 M) | |||
| Earnings Per Share | (0.29) X | |||
| Total Asset | 32.29 M | |||
About Nighthawk Gold Performance
By analyzing Nighthawk Gold's fundamental ratios, stakeholders can gain valuable insights into Nighthawk Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nighthawk 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 Nighthawk Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Nighthawk Gold Corp. operates as a gold exploration company in Canada. Nighthawk Gold Corp. was incorporated in 2004 and is headquartered in Toronto, Canada. NIGHTHAWK GOLD operates under Gold classification in the United States and is traded on OTC Exchange.Things to note about Nighthawk Gold Corp performance evaluation
Checking the ongoing alerts about Nighthawk Gold for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Nighthawk Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nighthawk Gold Corp is not yet fully synchronised with the market data | |
| Nighthawk Gold Corp has some characteristics of a very speculative penny stock | |
| Nighthawk Gold Corp has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (28.88 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Nighthawk Gold Corp has accumulated about 31.56 M in cash with (34.59 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.26. |
- Analyzing Nighthawk 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 Nighthawk Gold's stock is overvalued or undervalued compared to its peers.
- Examining Nighthawk 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 Nighthawk Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nighthawk Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nighthawk Gold's pink sheet. These opinions can provide insight into Nighthawk Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Other Consideration for investing in Nighthawk Pink Sheet
If you are still planning to invest in Nighthawk Gold Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nighthawk Gold's history and understand the potential risks before investing.
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