Nevada Canyon Gold Net Income
| NGLD Stock | USD 0.74 0.01 1.37% |
As of the 12th of February 2026, Nevada Canyon secures the Downside Deviation of 5.61, risk adjusted performance of 0.0578, and Mean Deviation of 4.38. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nevada Canyon Gold, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Nevada Canyon, which can be compared to its peers in the industry. Please verify Nevada Canyon Gold value at risk, as well as the relationship between the semi variance and kurtosis to decide if Nevada Canyon Gold is priced some-what accurately, providing market reflects its recent price of 0.74 per share. As Nevada Canyon Gold is a penny stock we also strongly advise to check its total risk alpha numbers.
Nevada Canyon's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Nevada Canyon's valuation are provided below:Nevada Canyon Gold does not presently have any fundamental ratios for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Nevada |
Nevada Canyon 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Nevada Canyon's otc stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Nevada Canyon.
| 11/14/2025 |
| 02/12/2026 |
If you would invest 0.00 in Nevada Canyon on November 14, 2025 and sell it all today you would earn a total of 0.00 from holding Nevada Canyon Gold or generate 0.0% return on investment in Nevada Canyon over 90 days. Nevada Canyon is related to or competes with Viva Gold, Sirios Resources, King Global, Blue Star, Kalo Gold, and Rise Gold. Nevada Canyon Gold Corp. engages in the mineral exploration activities More
Nevada Canyon Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Nevada Canyon's otc stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Nevada Canyon Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.61 | |||
| Information Ratio | 0.0442 | |||
| Maximum Drawdown | 26.4 | |||
| Value At Risk | (8.75) | |||
| Potential Upside | 11.86 |
Nevada Canyon Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nevada Canyon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nevada Canyon's standard deviation. In reality, there are many statistical measures that can use Nevada Canyon historical prices to predict the future Nevada Canyon's volatility.| Risk Adjusted Performance | 0.0578 | |||
| Jensen Alpha | 0.1463 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.0457 | |||
| Treynor Ratio | 0.1605 |
Nevada Canyon February 12, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0578 | |||
| Market Risk Adjusted Performance | 0.1705 | |||
| Mean Deviation | 4.38 | |||
| Semi Deviation | 4.98 | |||
| Downside Deviation | 5.61 | |||
| Coefficient Of Variation | 1610.79 | |||
| Standard Deviation | 5.8 | |||
| Variance | 33.61 | |||
| Information Ratio | 0.0442 | |||
| Jensen Alpha | 0.1463 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.0457 | |||
| Treynor Ratio | 0.1605 | |||
| Maximum Drawdown | 26.4 | |||
| Value At Risk | (8.75) | |||
| Potential Upside | 11.86 | |||
| Downside Variance | 31.51 | |||
| Semi Variance | 24.84 | |||
| Expected Short fall | (5.18) | |||
| Skewness | 0.4014 | |||
| Kurtosis | 0.7191 |
Nevada Canyon Gold Backtested Returns
Nevada Canyon appears to be out of control, given 3 months investment horizon. Nevada Canyon Gold has Sharpe Ratio of 0.0845, which conveys that the firm had a 0.0845 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Nevada Canyon, which you can use to evaluate the volatility of the firm. Please exercise Nevada Canyon's Risk Adjusted Performance of 0.0578, mean deviation of 4.38, and Downside Deviation of 5.61 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Nevada Canyon holds a performance score of 6. The company secures a Beta (Market Risk) of 2.18, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nevada Canyon will likely underperform. Please check Nevada Canyon's value at risk, kurtosis, period momentum indicator, as well as the relationship between the semi variance and day median price , to make a quick decision on whether Nevada Canyon's current price movements will revert.
Auto-correlation | 0.06 |
Virtually no predictability
Nevada Canyon Gold has virtually no predictability. Overlapping area represents the amount of predictability between Nevada Canyon time series from 14th of November 2025 to 29th of December 2025 and 29th of December 2025 to 12th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nevada Canyon Gold price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Nevada Canyon price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Nevada Canyon Gold reported net income of (692,571). This is 94.25% lower than that of the Basic Materials sector and 99.5% lower than that of the Gold industry. The net income for all United States stocks is 100.12% higher than that of the company.
Nevada Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nevada Canyon's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Nevada Canyon could also be used in its relative valuation, which is a method of valuing Nevada Canyon by comparing valuation metrics of similar companies.Nevada Canyon is currently under evaluation in net income category among its peers.
Nevada Fundamentals
| Return On Equity | -5.65 | |||
| Return On Asset | -0.3 | |||
| Current Valuation | 6.28 M | |||
| Shares Outstanding | 8.69 M | |||
| Shares Owned By Insiders | 82.90 % | |||
| Price To Earning | 12.83 X | |||
| Price To Book | 25.52 X | |||
| EBITDA | (687.63 K) | |||
| Net Income | (692.57 K) | |||
| Cash And Equivalents | 1.42 M | |||
| Cash Per Share | 0.53 X | |||
| Total Debt | 690.12 K | |||
| Debt To Equity | 2.70 % | |||
| Current Ratio | 0.74 X | |||
| Book Value Per Share | (0.08) X | |||
| Cash Flow From Operations | (222.23 K) | |||
| Earnings Per Share | (0.09) X | |||
| Beta | 0.13 | |||
| Market Capitalization | 4.87 M | |||
| Total Asset | 2.03 M | |||
| Z Score | 4.2 | |||
| Net Asset | 2.03 M |
About Nevada Canyon Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nevada Canyon Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nevada Canyon using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nevada Canyon Gold based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Nevada OTC Stock
Nevada Canyon financial ratios help investors to determine whether Nevada OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nevada with respect to the benefits of owning Nevada Canyon security.