Golden Goliath Resources Stock Performance
| GGTHF Stock | USD 0.06 0.03 100.00% |
Golden Goliath holds a performance score of 17 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -9.12, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Golden Goliath are expected to decrease by larger amounts. On the other hand, during market turmoil, Golden Goliath is expected to outperform it. Use Golden Goliath Resources total risk alpha, expected short fall, period momentum indicator, as well as the relationship between the value at risk and rate of daily change , to analyze future returns on Golden Goliath Resources.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Golden Goliath Resources are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile technical indicators, Golden Goliath reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 74.9 K |
Golden |
Golden Goliath Relative Risk vs. Return Landscape
If you would invest 3.08 in Golden Goliath Resources on August 25, 2024 and sell it today you would earn a total of 2.92 from holding Golden Goliath Resources or generate 94.81% return on investment over 90 days. Golden Goliath Resources is currently producing 19.5923% returns and takes up 87.4835% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Golden, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Golden Goliath Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Golden Goliath's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Golden Goliath Resources, and traders can use it to determine the average amount a Golden Goliath'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 = 0.224
| Best Portfolio | Best Equity | GGTHF | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 87.48 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Golden Goliath is performing at about 17% 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 Golden Goliath by adding it to a well-diversified portfolio.
Golden Goliath Fundamentals Growth
Golden Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Golden Goliath, and Golden Goliath 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 Golden Pink Sheet performance.
| Return On Equity | -0.14 | |||
| Return On Asset | -0.0659 | |||
| Current Valuation | 1.3 M | |||
| Shares Outstanding | 151.09 M | |||
| Price To Earning | (4.43) X | |||
| Price To Book | 1.88 X | |||
| EBITDA | (543.29 K) | |||
| Cash And Equivalents | 1.13 M | |||
| Cash Per Share | 0.01 X | |||
| Debt To Equity | 0.04 % | |||
| Book Value Per Share | 0.03 X | |||
| Cash Flow From Operations | (268.95 K) | |||
| Earnings Per Share | (0) X | |||
| Total Asset | 4.38 M | |||
| Retained Earnings | (8.45 M) | |||
| Current Asset | 1.05 M | |||
| Current Liabilities | 369.02 K | |||
About Golden Goliath Performance
By analyzing Golden Goliath's fundamental ratios, stakeholders can gain valuable insights into Golden Goliath's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Golden Goliath 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 Golden Goliath has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Golden Goliath Resources Ltd. engages in the acquisition and exploration of resource properties. Golden Goliath Resources Ltd. was incorporated in 1996 and is based in Vancouver, Canada. Golden Goliath operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Golden Goliath Resources performance evaluation
Checking the ongoing alerts about Golden Goliath for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Golden Goliath Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Golden Goliath is way too risky over 90 days horizon | |
| Golden Goliath has some characteristics of a very speculative penny stock | |
| Golden Goliath appears to be risky and price may revert if volatility continues | |
| Golden Goliath has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (596.59 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Golden Goliath Resources has accumulated about 1.13 M in cash with (268.95 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
- Analyzing Golden Goliath'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 Golden Goliath's stock is overvalued or undervalued compared to its peers.
- Examining Golden Goliath'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 Golden Goliath's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Golden Goliath's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Golden Goliath's pink sheet. These opinions can provide insight into Golden Goliath's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Golden Pink Sheet analysis
When running Golden Goliath's price analysis, check to measure Golden Goliath'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 Golden Goliath is operating at the current time. Most of Golden Goliath's value examination focuses on studying past and present price action to predict the probability of Golden Goliath's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Goliath's price. Additionally, you may evaluate how the addition of Golden Goliath to your portfolios can decrease your overall portfolio volatility.
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