Freegold Ventures Limited Stock Performance
| FGOVF Stock | USD 0.60 0.01 1.64% |
On a scale of 0 to 100, Freegold Ventures holds a performance score of 5. The firm shows a Beta (market volatility) of -0.14, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Freegold Ventures are expected to decrease at a much lower rate. During the bear market, Freegold Ventures is likely to outperform the market. Please check Freegold Ventures' jensen alpha, skewness, relative strength index, as well as the relationship between the value at risk and day median price , to make a quick decision on whether Freegold Ventures' price patterns will revert.
Risk-Adjusted Performance
5 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Freegold Ventures Limited are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Freegold Ventures reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 29.7 M | |
| Total Cashflows From Investing Activities | -16 M |
Freegold |
Freegold Ventures Relative Risk vs. Return Landscape
If you would invest 52.00 in Freegold Ventures Limited on August 25, 2024 and sell it today you would earn a total of 8.00 from holding Freegold Ventures Limited or generate 15.38% return on investment over 90 days. Freegold Ventures Limited is currently producing 0.3447% returns and takes up 5.1176% volatility of returns over 90 trading days. Put another way, 45% of traded otc stocks are less volatile than Freegold, and 94% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Freegold Ventures Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Freegold Ventures' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Freegold Ventures Limited, and traders can use it to determine the average amount a Freegold Ventures' 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 = 0.0674
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.12 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Freegold Ventures is performing at about 5% of its full potential. 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 Freegold Ventures by adding it to a well-diversified portfolio.
Freegold Ventures Fundamentals Growth
Freegold OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Freegold Ventures, and Freegold Ventures 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 Freegold OTC Stock performance.
| Return On Equity | -0.01 | |||
| Return On Asset | -0.0058 | |||
| Current Valuation | 112.22 M | |||
| Shares Outstanding | 368.19 M | |||
| Price To Earning | (10.03) X | |||
| Price To Book | 1.59 X | |||
| EBITDA | (2.13 M) | |||
| Cash And Equivalents | 8.81 M | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 149.64 K | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 0.21 X | |||
| Cash Flow From Operations | (647.01 K) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 74.42 M | |||
| Retained Earnings | (27.77 M) | |||
| Current Asset | 142 K | |||
| Current Liabilities | 8.54 M | |||
About Freegold Ventures Performance
By analyzing Freegold Ventures' fundamental ratios, stakeholders can gain valuable insights into Freegold Ventures' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Freegold Ventures 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 Freegold Ventures has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Freegold Ventures Limited, an exploration stage company, engages in the acquisition, exploration, evaluation, and development of precious and base metal properties in the United States and Canada. Freegold Ventures Limited was incorporated in 1985 and is headquartered in Vancouver, Canada. FREEGOLD VENTURES operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 4 people.Things to note about Freegold Ventures performance evaluation
Checking the ongoing alerts about Freegold Ventures for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Freegold Ventures help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Freegold Ventures had very high historical volatility over the last 90 days | |
| Freegold Ventures has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (2.21 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Freegold Ventures Limited has accumulated about 8.81 M in cash with (647.01 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 29.0% of the company shares are held by company insiders |
- Analyzing Freegold Ventures' 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 Freegold Ventures' stock is overvalued or undervalued compared to its peers.
- Examining Freegold Ventures' 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 Freegold Ventures' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Freegold Ventures' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Freegold Ventures' otc stock. These opinions can provide insight into Freegold Ventures' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Freegold OTC Stock analysis
When running Freegold Ventures' price analysis, check to measure Freegold Ventures' 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 Freegold Ventures is operating at the current time. Most of Freegold Ventures' value examination focuses on studying past and present price action to predict the probability of Freegold Ventures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freegold Ventures' price. Additionally, you may evaluate how the addition of Freegold Ventures to your portfolios can decrease your overall portfolio volatility.
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