Nulegacy Gold Stock Performance
| NULGF Stock | USD 0 0.0005 50.00% |
Nulegacy Gold holds a performance score of 4 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -1.18, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Nulegacy Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, Nulegacy Gold is expected to outperform it. Use Nulegacy Gold sortino ratio, skewness, relative strength index, as well as the relationship between the potential upside and day median price , to analyze future returns on Nulegacy Gold.
Risk-Adjusted Performance
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Nulegacy Gold are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile technical and fundamental indicators, Nulegacy Gold reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 15.7 M | |
| Total Cashflows From Investing Activities | -8.5 M |
Nulegacy |
Nulegacy Gold Relative Risk vs. Return Landscape
If you would invest 0.40 in Nulegacy Gold on September 1, 2024 and sell it today you would lose (0.25) from holding Nulegacy Gold or give up 62.5% of portfolio value over 90 days. Nulegacy Gold is currently producing 1.4142% returns and takes up 25.4551% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Nulegacy, and majority of 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 pink sheets, 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 = 0.0556
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Estimated Market Risk
| 25.46 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.41 actual daily | 28 72% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Nulegacy Gold is performing at about 4% 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 Nulegacy Gold by adding it to a well-diversified portfolio.
Nulegacy Gold Fundamentals Growth
Nulegacy Pink Sheet 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 Pink Sheet performance.
| Return On Equity | -0.0392 | |||
| Return On Asset | -0.027 | |||
| Current Valuation | 4.05 M | |||
| Shares Outstanding | 588.85 M | |||
| Price To Earning | (18.84) X | |||
| Price To Book | 0.20 X | |||
| EBITDA | (2.28 M) | |||
| Cash And Equivalents | 4.42 M | |||
| Cash Per Share | 0.01 X | |||
| Debt To Equity | 1.90 % | |||
| Book Value Per Share | 0.08 X | |||
| Cash Flow From Operations | (2.05 M) | |||
| Earnings Per Share | (0) X | |||
| Total Asset | 47.94 M | |||
| Retained Earnings | (10.09 M) | |||
| Current Asset | 6.88 M | |||
| Current Liabilities | 104 K | |||
About Nulegacy Gold Performance
By analyzing Nulegacy Gold's fundamental ratios, stakeholders can gain valuable insights into Nulegacy Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. 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.
NuLegacy Gold Corporation engages in the acquisition and exploration of mineral properties. NuLegacy Gold Corporation was incorporated in 2009 and is headquartered in Vancouver, Canada. Nulegacy Gold is traded on OTC Exchange in the United States.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. Pink Sheet 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 is way too risky over 90 days horizon | |
| Nulegacy Gold has some characteristics of a very speculative penny stock | |
| Nulegacy Gold appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (2.57 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Nulegacy Gold has accumulated about 4.42 M in cash with (2.05 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 pink sheet. These opinions can provide insight into Nulegacy Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Nulegacy Pink Sheet 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.
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