Dynasty Gold Corp Stock Beta
| DYG Stock | CAD 0.12 0.01 7.69% |
Dynasty Gold Corp fundamentals help investors to digest information that contributes to Dynasty Gold's financial success or failures. It also enables traders to predict the movement of Dynasty Stock. The fundamental analysis module provides a way to measure Dynasty Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Dynasty Gold stock.
Dynasty | Beta |
Dynasty Gold Corp Company Beta Analysis
Dynasty Gold's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Dynasty Gold Beta | 1.38 |
Most of Dynasty Gold's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Dynasty Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Dynasty Gold Corp has a Beta of 1.381. This is 58.74% higher than that of the Metals & Mining sector and notably higher than that of the Materials industry. The beta for all Canada stocks is notably lower than that of the firm.
Dynasty Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dynasty Gold's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Dynasty Gold could also be used in its relative valuation, which is a method of valuing Dynasty Gold by comparing valuation metrics of similar companies.Dynasty Gold is currently under evaluation in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Dynasty Gold will likely underperform.
Dynasty Fundamentals
| Return On Equity | -0.0623 | ||||
| Return On Asset | -0.0568 | ||||
| Current Valuation | 4.26 M | ||||
| Shares Outstanding | 61.12 M | ||||
| Shares Owned By Insiders | 16.44 % | ||||
| Number Of Shares Shorted | 20 K | ||||
| Price To Earning | (77.50) X | ||||
| Price To Book | 1.32 X | ||||
| Gross Profit | (7.76 K) | ||||
| EBITDA | (301.49 K) | ||||
| Net Income | (194.5 K) | ||||
| Cash And Equivalents | 430.92 K | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 239.48 K | ||||
| Current Ratio | 3.37 X | ||||
| Book Value Per Share | 0.09 X | ||||
| Cash Flow From Operations | (598.55 K) | ||||
| Beta | 1.38 | ||||
| Market Capitalization | 7.64 M | ||||
| Total Asset | 5.95 M | ||||
| Retained Earnings | (38.67 M) | ||||
| Working Capital | 3.14 M | ||||
| Net Asset | 5.95 M |
About Dynasty Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Dynasty Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dynasty Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dynasty Gold Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Dynasty Stock Analysis
When running Dynasty Gold's price analysis, check to measure Dynasty 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 Dynasty Gold is operating at the current time. Most of Dynasty Gold's value examination focuses on studying past and present price action to predict the probability of Dynasty 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 Dynasty Gold's price. Additionally, you may evaluate how the addition of Dynasty Gold to your portfolios can decrease your overall portfolio volatility.