Gogold Resources Stock Performance
| GLGDF Stock | USD 2.71 0.14 4.91% |
On a scale of 0 to 100, GoGold Resources holds a performance score of 13. The company retains a Market Volatility (i.e., Beta) of 1.45, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, GoGold Resources will likely underperform. Please check GoGold Resources' standard deviation, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to make a quick decision on whether GoGold Resources' current trending patterns will revert.
Risk-Adjusted Performance
Good
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in GoGold Resources are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile fundamental indicators, GoGold Resources reported solid returns over the last few months and may actually be approaching a breakup point. ...more
GoGold |
GoGold Resources Relative Risk vs. Return Landscape
If you would invest 178.00 in GoGold Resources on November 1, 2025 and sell it today you would earn a total of 93.00 from holding GoGold Resources or generate 52.25% return on investment over 90 days. GoGold Resources is currently producing 0.8046% returns and takes up 4.6317% volatility of returns over 90 trading days. Put another way, 41% of traded otc stocks are less volatile than GoGold, and 84% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
GoGold Resources Target Price Odds to finish over Current Price
The tendency of GoGold OTC Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 2.71 | 90 days | 2.71 | roughly 2.11 |
Based on a normal probability distribution, the odds of GoGold Resources to move above the current price in 90 days from now is roughly 2.11 (This GoGold Resources probability density function shows the probability of GoGold OTC Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon the otc stock has the beta coefficient of 1.45 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, GoGold Resources will likely underperform. Additionally GoGold Resources has an alpha of 0.5602, implying that it can generate a 0.56 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). GoGold Resources Price Density |
| Price |
Predictive Modules for GoGold Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GoGold Resources. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GoGold Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
GoGold Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. GoGold Resources is not an exception. The market had few large corrections towards the GoGold Resources' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold GoGold Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GoGold Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.56 | |
β | Beta against Dow Jones | 1.45 | |
σ | Overall volatility | 0.32 | |
Ir | Information ratio | 0.13 |
GoGold Resources Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of GoGold Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for GoGold Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| GoGold Resources appears to be risky and price may revert if volatility continues | |
| GoGold Resources has high likelihood to experience some financial distress in the next 2 years | |
| GoGold Resources has accumulated about 73.78 M in cash with (976 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.25. |
GoGold Resources Fundamentals Growth
GoGold OTC Stock prices reflect investors' perceptions of the future prospects and financial health of GoGold Resources, and GoGold 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 GoGold OTC Stock performance.
| Return On Equity | 0.0031 | |||
| Return On Asset | -0.0079 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | (0.09) % | |||
| Current Valuation | 344.71 M | |||
| Shares Outstanding | 325.28 M | |||
| Price To Earning | 6.68 X | |||
| Price To Book | 1.71 X | |||
| Price To Sales | 11.17 X | |||
| Revenue | 36.05 M | |||
| EBITDA | 11.9 M | |||
| Cash And Equivalents | 73.78 M | |||
| Cash Per Share | 0.25 X | |||
| Total Debt | 1.11 M | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 0.81 X | |||
| Cash Flow From Operations | (976 K) | |||
| Total Asset | 264.68 M | |||
About GoGold Resources Performance
By analyzing GoGold Resources' fundamental ratios, stakeholders can gain valuable insights into GoGold Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if GoGold 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 GoGold Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
GoGold Resources Inc. engages in the exploration, development, and production of gold and silver primarily in Mexico. It also holds an option to acquire 100 percent concessions of the Los Ricos project, which covers 42 concessions with an area of approximately 22,000 hectares situated in the Jalisco State, Mexico. Gogold Res operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about GoGold Resources performance evaluation
Checking the ongoing alerts about GoGold Resources for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for GoGold Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| GoGold Resources appears to be risky and price may revert if volatility continues | |
| GoGold Resources has high likelihood to experience some financial distress in the next 2 years | |
| GoGold Resources has accumulated about 73.78 M in cash with (976 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.25. |
- Analyzing GoGold 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 GoGold Resources' stock is overvalued or undervalued compared to its peers.
- Examining GoGold 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 GoGold Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of GoGold Resources' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of GoGold Resources' otc stock. These opinions can provide insight into GoGold Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for GoGold OTC Stock analysis
When running GoGold Resources' price analysis, check to measure GoGold 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 GoGold Resources is operating at the current time. Most of GoGold Resources' value examination focuses on studying past and present price action to predict the probability of GoGold Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoGold Resources' price. Additionally, you may evaluate how the addition of GoGold Resources to your portfolios can decrease your overall portfolio volatility.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |