Omai Gold Mines Stock Performance
| OMGGF Stock | USD 0.12 0.01 7.69% |
On a scale of 0 to 100, Omai Gold holds a performance score of 4. The company holds a Beta of -1.57, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Omai Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, Omai Gold is expected to outperform it. Please check Omai Gold's treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to make a quick decision on whether Omai Gold's historical 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 Omai Gold Mines are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile technical and fundamental indicators, Omai Gold reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 3.6 M | |
| Total Cashflows From Investing Activities | -1.1 M |
Omai |
Omai Gold Relative Risk vs. Return Landscape
If you would invest 11.00 in Omai Gold Mines on September 1, 2024 and sell it today you would earn a total of 1.00 from holding Omai Gold Mines or generate 9.09% return on investment over 90 days. Omai Gold Mines is currently producing 0.3035% returns and takes up 5.7761% volatility of returns over 90 trading days. Put another way, 51% of traded otc stocks are less volatile than Omai, and 94% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Omai Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Omai Gold's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Omai Gold Mines, and traders can use it to determine the average amount a Omai 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 = 0.0525
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | OMGGF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.78 actual daily | 51 51% of assets are less volatile |
Expected Return
| 0.3 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 Omai 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 Omai Gold by adding it to a well-diversified portfolio.
Omai Gold Fundamentals Growth
Omai OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Omai Gold, and Omai 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 Omai OTC Stock performance.
| Return On Equity | -1.47 | |||
| Return On Asset | -0.59 | |||
| Current Valuation | 9.65 M | |||
| Shares Outstanding | 377.84 M | |||
| Price To Book | 2.82 X | |||
| EBITDA | (6.96 M) | |||
| Cash And Equivalents | 2.17 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 295 K | |||
| Debt To Equity | 0.05 % | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (6.15 M) | |||
| Earnings Per Share | (0.03) X | |||
| Total Asset | 7.8 M | |||
About Omai Gold Performance
By analyzing Omai Gold's fundamental ratios, stakeholders can gain valuable insights into Omai Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Omai 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 Omai Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Omai Gold Mines Corp. explores for and develops base and precious metals. It holds a 100 percent interest in the Omai prospecting license that covers an area of 4,590 acres, including the past-producing Omai Gold mine located in the Potaro mining district of Guyana, as well as adjoining eastern flats mining permits. Omai Gold operates under Gold classification in the United States and is traded on OTC Exchange.Things to note about Omai Gold Mines performance evaluation
Checking the ongoing alerts about Omai Gold for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Omai Gold Mines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Omai Gold Mines had very high historical volatility over the last 90 days | |
| Omai Gold Mines has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (7.25 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Omai Gold Mines has accumulated about 2.17 M in cash with (6.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 13.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from kalkinemedia.com: Galiano Gold Expands Board with Appointment of Lauren Roberts as Non-Executive Director |
- Analyzing Omai 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 Omai Gold's stock is overvalued or undervalued compared to its peers.
- Examining Omai 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 Omai Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Omai Gold's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Omai Gold's otc stock. These opinions can provide insight into Omai Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Omai OTC Stock analysis
When running Omai Gold's price analysis, check to measure Omai 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 Omai Gold is operating at the current time. Most of Omai Gold's value examination focuses on studying past and present price action to predict the probability of Omai 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 Omai Gold's price. Additionally, you may evaluate how the addition of Omai Gold to your portfolios can decrease your overall portfolio volatility.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |