Advance Gold Corp Performance
The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Advance Gold are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Advance Gold Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong basic indicators, Advance Gold is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
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Advance Gold Relative Risk vs. Return Landscape
If you would invest (100.00) in Advance Gold Corp on August 29, 2024 and sell it today you would earn a total of 100.00 from holding Advance Gold Corp or generate -100.0% return on investment over 90 days. Advance Gold Corp is generating negative expected returns assuming volatility of 0.0% on return distribution over 90 days investment horizon. In other words, 0% of stocks are less volatile than Advance, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
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Advance Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Advance Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Advance Gold Corp, and traders can use it to determine the average amount a Advance 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 = 0.0
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Based on monthly moving average Advance 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 Advance Gold by adding Advance Gold to a well-diversified portfolio.
Things to note about Advance Gold Corp performance evaluation
Checking the ongoing alerts about Advance Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Advance Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Advance Gold Corp is not yet fully synchronised with the market data | |
| Advance Gold Corp has some characteristics of a very speculative penny stock |
- Analyzing Advance 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 Advance Gold's stock is overvalued or undervalued compared to its peers.
- Examining Advance 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 Advance Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Advance Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Advance Gold's stock. These opinions can provide insight into Advance Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Other Consideration for investing in Advance Stock
If you are still planning to invest in Advance Gold Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Advance Gold's history and understand the potential risks before investing.
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