P2 Gold Stock Beta
| PGLDF Stock | USD 0.05 0 4.08% |
P2 Gold fundamentals help investors to digest information that contributes to P2 Gold's financial success or failures. It also enables traders to predict the movement of PGLDF OTC Stock. The fundamental analysis module provides a way to measure P2 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 P2 Gold otc stock.
PGLDF |
P2 Gold OTC Stock Beta Analysis
P2 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 P2 Gold Beta | 1.03 |
Most of P2 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, P2 Gold 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, P2 Gold has a Beta of 1.0273. This is 18.08% higher than that of the Basic Materials sector and significantly higher than that of the Other Precious Metals & Mining industry. The beta for all United States stocks is notably lower than that of the firm.
PGLDF Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses P2 Gold's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of P2 Gold could also be used in its relative valuation, which is a method of valuing P2 Gold by comparing valuation metrics of similar companies.P2 Gold is currently under evaluation in beta category among its peers.
P2 Gold returns are very sensitive to returns on the market. As the market goes up or down, P2 Gold is expected to follow.
PGLDF Fundamentals
| Return On Asset | -2.36 | |||
| Current Valuation | 13.5 M | |||
| Shares Outstanding | 88.74 M | |||
| Shares Owned By Insiders | 24.24 % | |||
| Shares Owned By Institutions | 18.42 % | |||
| Price To Book | 21.96 X | |||
| EBITDA | (27.23 M) | |||
| Net Income | (27.39 M) | |||
| Cash And Equivalents | 7.94 M | |||
| Cash Per Share | 0.10 X | |||
| Total Debt | 193.72 K | |||
| Current Ratio | 0.65 X | |||
| Book Value Per Share | (0.13) X | |||
| Cash Flow From Operations | (7.61 M) | |||
| Beta | 1.03 | |||
| Market Capitalization | 15.11 M | |||
| Total Asset | 8.45 M | |||
| Z Score | 36.9 | |||
| Net Asset | 8.45 M |
About P2 Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze P2 Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of P2 Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of P2 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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Other Information on Investing in PGLDF OTC Stock
P2 Gold financial ratios help investors to determine whether PGLDF 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 PGLDF with respect to the benefits of owning P2 Gold security.