Outcrop Gold Corp Stock Performance
| OCG Stock | CAD 0.23 0.01 4.55% |
The company holds a Beta of 1.33, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Outcrop Gold will likely underperform. Outcrop Gold Corp right now holds a risk of 4.88%. Please check Outcrop Gold Corp treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day median price , to decide if Outcrop Gold Corp will be following its historical price patterns.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Outcrop Gold Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Outcrop Gold is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
Last Split Factor 1:10 | Dividend Date 2019-02-11 | Last Split Date 2019-02-11 |
1 | Outcrop Silvers Strategic Stock Options Initiative - TipRanks | 11/08/2024 |
2 | OCGSF 14-Day RSI 42.38 - GuruFocus.com | 11/20/2024 |
3 | Outcrop Silver Expands Potential at Jimenez Vein - TipRanks | 12/05/2024 |
4 | Outcrop Silver Celebrates Transformative Year with Santa Ana Expansion - TipRanks | 01/13/2025 |
| Begin Period Cash Flow | 3.2 M |
Outcrop |
Outcrop Gold Relative Risk vs. Return Landscape
If you would invest 24.00 in Outcrop Gold Corp on November 2, 2024 and sell it today you would lose (1.00) from holding Outcrop Gold Corp or give up 4.17% of portfolio value over 90 days. Outcrop Gold Corp is currently producing 0.0459% returns and takes up 4.8828% volatility of returns over 90 trading days. Put another way, 43% of traded stocks are less volatile than Outcrop, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Outcrop Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Outcrop Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Outcrop Gold Corp, and traders can use it to determine the average amount a Outcrop 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 = 0.0094
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | OCG |
Estimated Market Risk
| 4.88 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Outcrop 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 Outcrop Gold by adding Outcrop Gold to a well-diversified portfolio.
Outcrop Gold Fundamentals Growth
Outcrop Stock prices reflect investors' perceptions of the future prospects and financial health of Outcrop Gold, and Outcrop 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 Outcrop Stock performance.
| Return On Equity | -0.7 | ||||
| Return On Asset | -0.4 | ||||
| Current Valuation | 72.32 M | ||||
| Shares Outstanding | 341.6 M | ||||
| Price To Book | 3.52 X | ||||
| EBITDA | (7.94 M) | ||||
| Net Income | (10.31 M) | ||||
| Cash And Equivalents | 1.03 M | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 1.06 M | ||||
| Current Ratio | 8.35 X | ||||
| Book Value Per Share | 0.06 X | ||||
| Cash Flow From Operations | (8.21 M) | ||||
| Earnings Per Share | (0.04) X | ||||
| Market Capitalization | 76.86 M | ||||
| Total Asset | 14.85 M | ||||
| Retained Earnings | (95.17 M) | ||||
| Working Capital | 383.19 K | ||||
About Outcrop Gold Performance
Evaluating Outcrop Gold's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Outcrop 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 Outcrop 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 | ||
| Days Of Inventory On Hand | 2.1 K | 2.2 K | |
| Return On Tangible Assets | (1.22) | (1.28) | |
| Return On Capital Employed | (1.30) | (1.36) | |
| Return On Assets | (1.22) | (1.28) | |
| Return On Equity | (1.29) | (1.35) |
Things to note about Outcrop Gold Corp performance evaluation
Checking the ongoing alerts about Outcrop Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Outcrop Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Outcrop Gold Corp has some characteristics of a very speculative penny stock | |
| Outcrop Gold Corp had very high historical volatility over the last 90 days | |
| Net Loss for the year was (10.31 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Outcrop Gold Corp has accumulated about 1.03 M in cash with (8.21 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 29.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Outcrop Silver Celebrates Transformative Year with Santa Ana Expansion - TipRanks |
- Analyzing Outcrop 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 Outcrop Gold's stock is overvalued or undervalued compared to its peers.
- Examining Outcrop 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 Outcrop Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Outcrop Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Outcrop Gold's stock. These opinions can provide insight into Outcrop Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Outcrop Stock Analysis
When running Outcrop Gold's price analysis, check to measure Outcrop 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 Outcrop Gold is operating at the current time. Most of Outcrop Gold's value examination focuses on studying past and present price action to predict the probability of Outcrop 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 Outcrop Gold's price. Additionally, you may evaluate how the addition of Outcrop Gold to your portfolios can decrease your overall portfolio volatility.