Handeni Gold Stock Performance
| HNDI Stock | USD 0.0002 0.0001 100.00% |
Handeni Gold holds a performance score of 9 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 2.8, 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, Handeni Gold will likely underperform. Use Handeni Gold variance, kurtosis, as well as the relationship between the Kurtosis and day typical price , to analyze future returns on Handeni Gold.
Risk-Adjusted Performance
9 of 100
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OK
Compared to the overall equity markets, risk-adjusted returns on investments in Handeni Gold are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite fairly fragile fundamental indicators, Handeni Gold demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
| Total Cashflows From Investing Activities | 10.7 K |
Handeni |
Handeni Gold Relative Risk vs. Return Landscape
If you would invest 0.01 in Handeni Gold on September 24, 2024 and sell it today you would earn a total of 0.01 from holding Handeni Gold or generate 100.0% return on investment over 90 days. Handeni Gold is currently generating 1.5385% in daily expected returns and assumes 12.4035% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Handeni, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Handeni Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Handeni Gold's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Handeni Gold, and traders can use it to determine the average amount a Handeni 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 = 0.124
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Estimated Market Risk
| 12.4 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.54 actual daily | 30 70% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Handeni Gold is performing at about 9% 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 Handeni Gold by adding it to a well-diversified portfolio.
Handeni Gold Fundamentals Growth
Handeni Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Handeni Gold, and Handeni Gold 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 Handeni Pink Sheet performance.
| Return On Asset | -0.23 | |||
| Current Valuation | 1.94 M | |||
| Shares Outstanding | 2.14 M | |||
| Price To Earning | (0.10) X | |||
| Price To Book | 9.65 X | |||
| EBITDA | (370.39 K) | |||
| Cash And Equivalents | 30.32 K | |||
| Cash Per Share | 0.01 X | |||
| Debt To Equity | (3.02) % | |||
| Book Value Per Share | (0.46) X | |||
| Cash Flow From Operations | (419.26 K) | |||
| Earnings Per Share | (0.39) X | |||
| Total Asset | 1.5 M | |||
| Retained Earnings | (114.57 M) | |||
| Current Asset | 68.46 K | |||
| Current Liabilities | 2.15 M | |||
About Handeni Gold Performance
By evaluating Handeni Gold's fundamental ratios, stakeholders can gain valuable insights into Handeni Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Handeni Gold 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 Handeni Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Handeni Gold Inc., a gold exploration company, explores for and develops mineral properties in the United Republic of Tanzania. Handeni Gold Inc. was founded in 2004 and is based in Dar es Salaam, the United Republic of Tanzania. Handeni Gold is traded on OTC Exchange in the United States.Things to note about Handeni Gold performance evaluation
Checking the ongoing alerts about Handeni Gold for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Handeni Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Handeni Gold is way too risky over 90 days horizon | |
| Handeni Gold has some characteristics of a very speculative penny stock | |
| Handeni Gold appears to be risky and price may revert if volatility continues | |
| The company has a current ratio of 0.09, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Handeni Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Handeni Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Handeni Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Handeni to invest in growth at high rates of return. When we think about Handeni Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (872.8 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Handeni Gold currently holds about 30.32 K in cash with (419.26 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Handeni 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 Handeni Gold's stock is overvalued or undervalued compared to its peers.
- Examining Handeni 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 Handeni Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Handeni Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Handeni Gold's pink sheet. These opinions can provide insight into Handeni Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Handeni Pink Sheet analysis
When running Handeni Gold's price analysis, check to measure Handeni Gold'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 Handeni Gold is operating at the current time. Most of Handeni Gold's value examination focuses on studying past and present price action to predict the probability of Handeni Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Handeni Gold's price. Additionally, you may evaluate how the addition of Handeni Gold to your portfolios can decrease your overall portfolio volatility.
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