Labrador Gold Corp Stock Performance
| NKOSF Stock | USD 0.04 0 8.89% |
The company secures a Beta (Market Risk) of -2.19, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Labrador Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, Labrador Gold is expected to outperform it. At this point, Labrador Gold Corp has a negative expected return of -0.4%. Please make sure to verify Labrador Gold's total risk alpha, as well as the relationship between the kurtosis and day typical price , to decide if Labrador Gold Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Labrador Gold Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 33.2 M |
Labrador |
Labrador Gold Relative Risk vs. Return Landscape
If you would invest 6.40 in Labrador Gold Corp on August 29, 2024 and sell it today you would lose (2.30) from holding Labrador Gold Corp or give up 35.94% of portfolio value over 90 days. Labrador Gold Corp is currently producing negative expected returns and takes up 7.8444% volatility of returns over 90 trading days. Put another way, 69% of traded otc stocks are less volatile than Labrador, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Labrador Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Labrador Gold's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Labrador Gold Corp, and traders can use it to determine the average amount a Labrador 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 = -0.0509
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| Negative Returns | NKOSF |
Estimated Market Risk
| 7.84 actual daily | 69 69% of assets are less volatile |
Expected Return
| -0.4 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Labrador Gold is not performing at its full potential. However, 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 Labrador Gold by adding Labrador Gold to a well-diversified portfolio.
Labrador Gold Fundamentals Growth
Labrador OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Labrador Gold, and Labrador 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 Labrador OTC Stock performance.
| Return On Equity | -0.0253 | |||
| Return On Asset | -0.016 | |||
| Current Valuation | 17.89 M | |||
| Shares Outstanding | 170.01 M | |||
| Price To Earning | 28.00 X | |||
| Price To Book | 1.02 X | |||
| EBITDA | (1.25 M) | |||
| Cash And Equivalents | 26.36 M | |||
| Cash Per Share | 0.16 X | |||
| Book Value Per Share | 0.29 X | |||
| Cash Flow From Operations | (1.44 M) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 50.84 M | |||
About Labrador Gold Performance
By analyzing Labrador Gold's fundamental ratios, stakeholders can gain valuable insights into Labrador Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Labrador 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 Labrador Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Labrador Gold Corp. engages in the acquisition, exploration, and development of gold properties in the Americas. Labrador Gold Corp. was incorporated in 1987 and is headquartered in Toronto, Canada. LABRADOR GOLD operates under Gold classification in the United States and is traded on OTC Exchange.Things to note about Labrador Gold Corp performance evaluation
Checking the ongoing alerts about Labrador Gold for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Labrador Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Labrador Gold Corp generated a negative expected return over the last 90 days | |
| Labrador Gold Corp has high historical volatility and very poor performance | |
| Labrador Gold Corp has some characteristics of a very speculative penny stock | |
| Labrador Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.18 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Labrador Gold Corp has accumulated about 26.36 M in cash with (1.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.16, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 28.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Labrador 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 Labrador Gold's stock is overvalued or undervalued compared to its peers.
- Examining Labrador 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 Labrador Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Labrador Gold's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Labrador Gold's otc stock. These opinions can provide insight into Labrador Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Labrador OTC Stock analysis
When running Labrador Gold's price analysis, check to measure Labrador 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 Labrador Gold is operating at the current time. Most of Labrador Gold's value examination focuses on studying past and present price action to predict the probability of Labrador 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 Labrador Gold's price. Additionally, you may evaluate how the addition of Labrador Gold to your portfolios can decrease your overall portfolio volatility.
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