Nv Gold Stock Performance
| NVGLF Stock | USD 0.12 0.02 14.29% |
The company owns a Beta (Systematic Risk) of -0.25, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NV Gold are expected to decrease at a much lower rate. During the bear market, NV Gold is likely to outperform the market. At this point, NV Gold has a negative expected return of -0.66%. Please make sure to verify NV Gold's information ratio and the relationship between the maximum drawdown and price action indicator , to decide if NV Gold performance from the past will be repeated at some future date.
Risk-Adjusted Performance
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Over the last 90 days NV Gold 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 essential indicators remain nearly stable which may send shares a bit higher in March 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 3.5 M |
NVGLF |
NV Gold Relative Risk vs. Return Landscape
If you would invest 21.00 in NV Gold on November 2, 2024 and sell it today you would lose (9.00) from holding NV Gold or give up 42.86% of portfolio value over 90 days. NV Gold is currently producing negative expected returns and takes up 7.3809% volatility of returns over 90 trading days. Put another way, 65% of traded otc stocks are less volatile than NVGLF, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
NV Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NV Gold's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as NV Gold, and traders can use it to determine the average amount a NV 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 = -0.0889
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| Negative Returns | NVGLF |
Estimated Market Risk
| 7.38 actual daily | 65 65% of assets are less volatile |
Expected Return
| -0.66 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NV 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 NV Gold by adding NV Gold to a well-diversified portfolio.
NV Gold Fundamentals Growth
NVGLF OTC Stock prices reflect investors' perceptions of the future prospects and financial health of NV Gold, and NV 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 NVGLF OTC Stock performance.
| Return On Equity | -0.21 | |||
| Return On Asset | -0.15 | |||
| Current Valuation | 2.52 M | |||
| Shares Outstanding | 79.94 M | |||
| Price To Earning | (11.63) X | |||
| Price To Book | 0.93 X | |||
| EBITDA | (1.25 M) | |||
| Cash And Equivalents | 1.77 M | |||
| Cash Per Share | 0.02 X | |||
| Book Value Per Share | 0.07 X | |||
| Cash Flow From Operations | (457.95 K) | |||
| Earnings Per Share | (0.05) X | |||
| Total Asset | 5.49 M | |||
About NV Gold Performance
By analyzing NV Gold's fundamental ratios, stakeholders can gain valuable insights into NV Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NV 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 NV Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
NV Gold Corporation, a junior exploration company, identifies, acquires, and explores for mineral properties in the United States and Switzerland. NV Gold Corporation was incorporated in 2007 and is based in Vancouver, Canada. NV Gold operates under Gold classification in the United States and is traded on OTC Exchange.Things to note about NV Gold performance evaluation
Checking the ongoing alerts about NV Gold for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for NV Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NV Gold generated a negative expected return over the last 90 days | |
| NV Gold has high historical volatility and very poor performance | |
| NV Gold has some characteristics of a very speculative penny stock | |
| NV Gold has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.25 M) with loss before overhead, payroll, taxes, and interest of (201.43 K). | |
| NV Gold has accumulated about 1.77 M in cash with (457.95 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 16.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing NV 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 NV Gold's stock is overvalued or undervalued compared to its peers.
- Examining NV 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 NV Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NV Gold's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of NV Gold's otc stock. These opinions can provide insight into NV Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for NVGLF OTC Stock analysis
When running NV Gold's price analysis, check to measure NV 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 NV Gold is operating at the current time. Most of NV Gold's value examination focuses on studying past and present price action to predict the probability of NV 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 NV Gold's price. Additionally, you may evaluate how the addition of NV Gold to your portfolios can decrease your overall portfolio volatility.
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