Nevada Sunrise Gold Stock Performance
| NEV Stock | CAD 0.01 0.01 50.00% |
Nevada Sunrise holds a performance score of 5 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -5.58, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Nevada Sunrise are expected to decrease by larger amounts. On the other hand, during market turmoil, Nevada Sunrise is expected to outperform it. Use Nevada Sunrise Gold value at risk, rate of daily change, as well as the relationship between the Rate Of Daily Change and period momentum indicator , to analyze future returns on Nevada Sunrise Gold.
Risk-Adjusted Performance
Modest
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Nevada Sunrise Gold are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Nevada Sunrise showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 221.8 K |
Nevada |
Nevada Sunrise Relative Risk vs. Return Landscape
If you would invest 2.00 in Nevada Sunrise Gold on November 9, 2024 and sell it today you would lose (1.00) from holding Nevada Sunrise Gold or give up 50.0% of portfolio value over 90 days. Nevada Sunrise Gold is currently producing 1.6393% returns and takes up 25.7669% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Nevada, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Nevada Sunrise Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nevada Sunrise's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nevada Sunrise Gold, and traders can use it to determine the average amount a Nevada Sunrise'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 = 0.0636
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Estimated Market Risk
| 25.77 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.64 actual daily | 32 68% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average Nevada Sunrise 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 Nevada Sunrise by adding it to a well-diversified portfolio.
Nevada Sunrise Fundamentals Growth
Nevada Stock prices reflect investors' perceptions of the future prospects and financial health of Nevada Sunrise, and Nevada Sunrise 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 Nevada Stock performance.
| Return On Equity | -0.74 | |||
| Return On Asset | -0.39 | |||
| Current Valuation | 1.21 M | |||
| Shares Outstanding | 110.26 M | |||
| Price To Earning | (43.75) X | |||
| Price To Book | 0.85 X | |||
| EBITDA | (2.34 M) | |||
| Cash And Equivalents | 325.93 K | |||
| Total Debt | 158.02 K | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (849.73 K) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 2.11 M | |||
| Retained Earnings | (28.52 M) | |||
About Nevada Sunrise Performance
Evaluating Nevada Sunrise's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nevada Sunrise 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 Nevada Sunrise 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.
Nevada Sunrise Gold Corporation, a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Nevada, the United States. Nevada Sunrise Gold Corporation is headquartered in Vancouver, Canada. NEVADA SUNRISE operates under Other Industrial Metals Mining classification in Exotistan and is traded on Commodity Exchange.Things to note about Nevada Sunrise Gold performance evaluation
Checking the ongoing alerts about Nevada Sunrise for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nevada Sunrise Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nevada Sunrise Gold is way too risky over 90 days horizon | |
| Nevada Sunrise Gold has some characteristics of a very speculative penny stock | |
| Nevada Sunrise Gold appears to be risky and price may revert if volatility continues | |
| Nevada Sunrise Gold has high likelihood to experience some financial distress in the next 2 years | |
| Nevada Sunrise Gold has accumulated 158.02 K in total debt. Nevada Sunrise Gold has a current ratio of 0.54, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Nevada Sunrise until it has trouble settling it off, either with new capital or with free cash flow. So, Nevada Sunrise'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 Nevada Sunrise Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nevada to invest in growth at high rates of return. When we think about Nevada Sunrise's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (595.48 K) with loss before overhead, payroll, taxes, and interest of (1.32 K). | |
| Nevada Sunrise Gold has accumulated about 325.93 K in cash with (849.73 K) of positive cash flow from operations. |
- Analyzing Nevada Sunrise'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 Nevada Sunrise's stock is overvalued or undervalued compared to its peers.
- Examining Nevada Sunrise'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 Nevada Sunrise's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nevada Sunrise's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nevada Sunrise's stock. These opinions can provide insight into Nevada Sunrise's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Nevada Stock Analysis
When running Nevada Sunrise's price analysis, check to measure Nevada Sunrise'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 Nevada Sunrise is operating at the current time. Most of Nevada Sunrise's value examination focuses on studying past and present price action to predict the probability of Nevada Sunrise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nevada Sunrise's price. Additionally, you may evaluate how the addition of Nevada Sunrise to your portfolios can decrease your overall portfolio volatility.