Nulegacy Gold Stock Performance
| NUG Stock | CAD 0.01 0.01 50.00% |
The company secures a Beta (Market Risk) of -0.92, which conveys possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Nulegacy Gold are expected to decrease slowly. On the other hand, during market turmoil, Nulegacy Gold is expected to outperform it slightly. At this point, Nulegacy Gold has a negative expected return of -0.82%. Please make sure to verify Nulegacy Gold's variance, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Nulegacy Gold 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 Nulegacy Gold has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in March 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 2 M |
Nulegacy |
Nulegacy Gold Relative Risk vs. Return Landscape
If you would invest 1.00 in Nulegacy Gold on November 8, 2024 and sell it today you would lose (0.50) from holding Nulegacy Gold or give up 50.0% of portfolio value over 90 days. Nulegacy Gold is currently producing negative expected returns and takes up 6.4018% volatility of returns over 90 trading days. Put another way, 57% of traded stocks are less volatile than Nulegacy, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nulegacy Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nulegacy Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nulegacy Gold, and traders can use it to determine the average amount a Nulegacy 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 = -0.128
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| Negative Returns | NUG |
Estimated Market Risk
| 6.4 actual daily | 57 57% of assets are less volatile |
Expected Return
| -0.82 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nulegacy 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 Nulegacy Gold by adding Nulegacy Gold to a well-diversified portfolio.
Nulegacy Gold Fundamentals Growth
Nulegacy Stock prices reflect investors' perceptions of the future prospects and financial health of Nulegacy Gold, and Nulegacy 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 Nulegacy Stock performance.
| Return On Equity | -0.0243 | ||||
| Return On Asset | -0.0152 | ||||
| Current Valuation | 3.5 M | ||||
| Shares Outstanding | 723.77 M | ||||
| Price To Earning | (18.64) X | ||||
| Price To Book | 7.08 X | ||||
| EBITDA | (1.48 M) | ||||
| Net Income | (1.46 M) | ||||
| Cash And Equivalents | 6.19 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 265.23 K | ||||
| Debt To Equity | 1.90 % | ||||
| Current Ratio | 19.64 X | ||||
| Book Value Per Share | 0.07 X | ||||
| Cash Flow From Operations | (1.35 M) | ||||
| Earnings Per Share | (0.07) X | ||||
| Market Capitalization | 3.62 M | ||||
| Total Asset | 46.6 M | ||||
| Retained Earnings | (33.66 M) | ||||
| Working Capital | (9.12 K) | ||||
About Nulegacy Gold Performance
Evaluating Nulegacy Gold's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nulegacy 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 Nulegacy 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.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.03) | (0.03) | |
| Return On Capital Employed | (0.03) | (0.03) | |
| Return On Assets | (0.03) | (0.03) | |
| Return On Equity | (0.03) | (0.03) |
Things to note about Nulegacy Gold performance evaluation
Checking the ongoing alerts about Nulegacy Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nulegacy Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nulegacy Gold generated a negative expected return over the last 90 days | |
| Nulegacy Gold has high historical volatility and very poor performance | |
| Nulegacy Gold has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (1.46 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Nulegacy Gold has accumulated about 6.19 M in cash with (1.35 M) 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 Nulegacy 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 Nulegacy Gold's stock is overvalued or undervalued compared to its peers.
- Examining Nulegacy 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 Nulegacy Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nulegacy Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nulegacy Gold's stock. These opinions can provide insight into Nulegacy Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Nulegacy Stock Analysis
When running Nulegacy Gold's price analysis, check to measure Nulegacy 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 Nulegacy Gold is operating at the current time. Most of Nulegacy Gold's value examination focuses on studying past and present price action to predict the probability of Nulegacy 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 Nulegacy Gold's price. Additionally, you may evaluate how the addition of Nulegacy Gold to your portfolios can decrease your overall portfolio volatility.