Snowline Gold Corp Stock Performance
| SNWGF Stock | USD 3.72 0.22 6.29% |
The entity has a beta of 0.35, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Snowline Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Snowline Gold is expected to be smaller as well. At this point, Snowline Gold Corp has a negative expected return of -0.11%. Please make sure to validate Snowline Gold's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Snowline Gold Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Snowline Gold Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's technical and fundamental indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
Actual Historical Performance (%)
One Day Return 1.92 | Five Day Return (1.59) | Ten Year Return 558.41 | All Time Return 558.41 |
| Begin Period Cash Flow | 27.2 K | |
| Total Cashflows From Investing Activities | -1.1 M |
Snowline |
Snowline Gold Relative Risk vs. Return Landscape
If you would invest 407.00 in Snowline Gold Corp on August 26, 2024 and sell it today you would lose (35.00) from holding Snowline Gold Corp or give up 8.6% of portfolio value over 90 days. Snowline Gold Corp is currently producing negative expected returns and takes up 2.4387% volatility of returns over 90 trading days. Put another way, 21% of traded otc stocks are less volatile than Snowline, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Snowline Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Snowline Gold's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Snowline Gold Corp, and traders can use it to determine the average amount a Snowline 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 = -0.0448
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SNWGF |
Estimated Market Risk
| 2.44 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.11 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 Snowline 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 Snowline Gold by adding Snowline Gold to a well-diversified portfolio.
Snowline Gold Fundamentals Growth
Snowline OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Snowline Gold, and Snowline 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 Snowline OTC Stock performance.
| Return On Equity | -1.15 | |||
| Return On Asset | -0.56 | |||
| Current Valuation | 351.03 M | |||
| Shares Outstanding | 132.14 M | |||
| Price To Book | 17.62 X | |||
| Price To Sales | 42,606 X | |||
| EBITDA | (4.69 M) | |||
| Cash And Equivalents | 6.16 M | |||
| Cash Per Share | 0.05 X | |||
| Book Value Per Share | 0.22 X | |||
| Cash Flow From Operations | (3.66 M) | |||
| Earnings Per Share | (0.04) X | |||
| Total Asset | 10.04 M | |||
About Snowline Gold Performance
By analyzing Snowline Gold's fundamental ratios, stakeholders can gain valuable insights into Snowline Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Snowline 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 Snowline Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Snowline Gold Corp. engages in the exploration of gold properties in Canada. Snowline Gold Corp. was incorporated in 2017 and is based in Vancouver, Canada. SNOWLINE GOLD is traded on OTC Exchange in the United States.Things to note about Snowline Gold Corp performance evaluation
Checking the ongoing alerts about Snowline Gold for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Snowline Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Snowline Gold Corp generated a negative expected return over the last 90 days | |
| Snowline Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (4.7 M) with loss before overhead, payroll, taxes, and interest of (29.29 K). | |
| Snowline Gold Corp has accumulated about 6.16 M in cash with (3.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| Roughly 30.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Snowline 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 Snowline Gold's stock is overvalued or undervalued compared to its peers.
- Examining Snowline 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 Snowline Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Snowline Gold's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Snowline Gold's otc stock. These opinions can provide insight into Snowline Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Snowline OTC Stock analysis
When running Snowline Gold's price analysis, check to measure Snowline 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 Snowline Gold is operating at the current time. Most of Snowline Gold's value examination focuses on studying past and present price action to predict the probability of Snowline 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 Snowline Gold's price. Additionally, you may evaluate how the addition of Snowline 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 | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |