Goldhaven Resources Corp Stock Performance
| GHVNF Stock | USD 0.11 0.02 15.38% |
GoldHaven Resources holds a performance score of 13 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -2.58, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning GoldHaven Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, GoldHaven Resources is expected to outperform it. Use GoldHaven Resources Corp total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to analyze future returns on GoldHaven Resources Corp.
Risk-Adjusted Performance
13 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in GoldHaven Resources Corp are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, GoldHaven Resources reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.3 M | |
| Total Cashflows From Investing Activities | -952.7 K |
GoldHaven |
GoldHaven Resources Relative Risk vs. Return Landscape
If you would invest 3.20 in GoldHaven Resources Corp on August 25, 2024 and sell it today you would earn a total of 7.80 from holding GoldHaven Resources Corp or generate 243.75% return on investment over 90 days. GoldHaven Resources Corp is currently producing 3.4485% returns and takes up 20.5624% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than GoldHaven, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
GoldHaven Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for GoldHaven Resources' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as GoldHaven Resources Corp, and traders can use it to determine the average amount a GoldHaven Resources' 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 = 0.1677
| Best Portfolio | Best Equity | |||
| Good Returns | GHVNF | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 20.56 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.45 actual daily | 68 68% of assets have lower returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average GoldHaven Resources is performing at about 13% 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 GoldHaven Resources by adding it to a well-diversified portfolio.
GoldHaven Resources Fundamentals Growth
GoldHaven OTC Stock prices reflect investors' perceptions of the future prospects and financial health of GoldHaven Resources, and GoldHaven Resources 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 GoldHaven OTC Stock performance.
| Return On Equity | -0.38 | |||
| Return On Asset | -0.2 | |||
| Current Valuation | 3.22 M | |||
| Shares Outstanding | 72.68 M | |||
| Price To Book | 0.48 X | |||
| EBITDA | (2.56 M) | |||
| Cash And Equivalents | 2.21 M | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 78.46 K | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 0.14 X | |||
| Cash Flow From Operations | (1.76 M) | |||
| Earnings Per Share | (0.06) X | |||
| Total Asset | 10.36 M | |||
About GoldHaven Resources Performance
By analyzing GoldHaven Resources' fundamental ratios, stakeholders can gain valuable insights into GoldHaven Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if GoldHaven Resources 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 GoldHaven Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
GoldHaven Resources Corp., a junior exploration company, engages in acquiring, exploring, and developing mineral properties in Canada and Chile. GoldHaven Resources Corp. was incorporated in 2019 and is headquartered in Vancouver, Canada. GOLDHAVEN RESOURCES is traded on OTC Exchange in the United States.Things to note about GoldHaven Resources Corp performance evaluation
Checking the ongoing alerts about GoldHaven Resources for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for GoldHaven Resources Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| GoldHaven Resources is way too risky over 90 days horizon | |
| GoldHaven Resources has some characteristics of a very speculative penny stock | |
| GoldHaven Resources appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (4.35 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| GoldHaven Resources Corp has accumulated about 2.21 M in cash with (1.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. |
- Analyzing GoldHaven Resources' 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 GoldHaven Resources' stock is overvalued or undervalued compared to its peers.
- Examining GoldHaven Resources' 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 GoldHaven Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of GoldHaven Resources' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of GoldHaven Resources' otc stock. These opinions can provide insight into GoldHaven Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for GoldHaven OTC Stock analysis
When running GoldHaven Resources' price analysis, check to measure GoldHaven Resources' 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 GoldHaven Resources is operating at the current time. Most of GoldHaven Resources' value examination focuses on studying past and present price action to predict the probability of GoldHaven Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoldHaven Resources' price. Additionally, you may evaluate how the addition of GoldHaven Resources to your portfolios can decrease your overall portfolio volatility.
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