Outcrop Gold Corp Stock Performance
| OCGSF Stock | USD 0.15 0.01 7.14% |
The company holds a Beta of 0.41, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Outcrop Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Outcrop Gold is expected to be smaller as well. At this point, Outcrop Gold Corp has a negative expected return of -0.15%. Please make sure to check Outcrop Gold's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day median price , to decide if Outcrop 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 Outcrop Gold Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's basic indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
| Begin Period Cash Flow | 4.5 M |
Outcrop |
Outcrop Gold Relative Risk vs. Return Landscape
If you would invest 18.00 in Outcrop Gold Corp on November 2, 2024 and sell it today you would lose (3.00) from holding Outcrop Gold Corp or give up 16.67% of portfolio value over 90 days. Outcrop Gold Corp is currently producing negative expected returns and takes up 5.6185% volatility of returns over 90 trading days. Put another way, 50% of traded otc 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 otc 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 = -0.0265
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| Negative Returns | OCGSF |
Estimated Market Risk
| 5.62 actual daily | 50 50% of assets are less volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 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 OTC 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 OTC Stock performance.
| Return On Equity | -1.48 | |||
| Return On Asset | -0.77 | |||
| Current Valuation | 48.76 M | |||
| Shares Outstanding | 194.75 M | |||
| Price To Book | 8.66 X | |||
| EBITDA | (11.21 M) | |||
| Cash And Equivalents | 4.13 M | |||
| Cash Per Share | 0.03 X | |||
| Book Value Per Share | 0.05 X | |||
| Cash Flow From Operations | (9.98 M) | |||
| Earnings Per Share | (0.07) X | |||
| Total Asset | 6 M | |||
About Outcrop Gold Performance
By analyzing Outcrop Gold's fundamental ratios, stakeholders can gain valuable insights into Outcrop Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. 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.
Outcrop Silver Gold Corporation engages in the acquisition and exploration of mineral properties in Colombia. Outcrop Silver Gold Corporation was founded in 1993 and is headquartered in Vancouver, Canada. OUTCROP GOLD operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange. It employs 69 people.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. OTC 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 generated a negative expected return over the last 90 days | |
| Outcrop Gold Corp has high historical volatility and very poor performance | |
| Outcrop Gold Corp has some characteristics of a very speculative penny stock | |
| Outcrop Gold Corp has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (11.41 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Outcrop Gold Corp has accumulated about 4.13 M in cash with (9.98 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 25.0% of the company outstanding shares are owned by corporate insiders |
- 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 OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Outcrop Gold's otc stock. These opinions can provide insight into Outcrop Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Outcrop OTC 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.
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