Provenance Gold Corp Stock Performance
| PVGDF Stock | USD 0.24 0.04 20.00% |
On a scale of 0 to 100, Provenance Gold holds a performance score of 8. The company holds a Beta of 0.45, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Provenance Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Provenance Gold is expected to be smaller as well. Please check Provenance Gold's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether Provenance Gold's historical price patterns will revert.
Risk-Adjusted Performance
Fair
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Provenance Gold Corp are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile fundamental indicators, Provenance Gold reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Provenance |
Provenance Gold Relative Risk vs. Return Landscape
If you would invest 18.00 in Provenance Gold Corp on October 29, 2025 and sell it today you would earn a total of 6.00 from holding Provenance Gold Corp or generate 33.33% return on investment over 90 days. Provenance Gold Corp is currently producing 0.682% returns and takes up 6.446% volatility of returns over 90 trading days. Put another way, 57% of traded otc stocks are less volatile than Provenance, and 87% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Provenance Gold Target Price Odds to finish over Current Price
The tendency of Provenance OTC Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.24 | 90 days | 0.24 | near 1 |
Based on a normal probability distribution, the odds of Provenance Gold to move above the current price in 90 days from now is near 1 (This Provenance Gold Corp probability density function shows the probability of Provenance OTC Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Provenance Gold has a beta of 0.45 indicating as returns on the market go up, Provenance Gold average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Provenance Gold Corp will be expected to be much smaller as well. Additionally Provenance Gold Corp has an alpha of 0.511, implying that it can generate a 0.51 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Provenance Gold Price Density |
| Price |
Predictive Modules for Provenance Gold
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Provenance Gold Corp. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Provenance Gold's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Provenance Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Provenance Gold is not an exception. The market had few large corrections towards the Provenance Gold's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Provenance Gold Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Provenance Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.51 | |
β | Beta against Dow Jones | 0.45 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.07 |
Provenance Gold Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Provenance Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Provenance Gold Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Provenance Gold Corp is way too risky over 90 days horizon | |
| Provenance Gold Corp has some characteristics of a very speculative penny stock | |
| Provenance Gold Corp appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (882.1 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Provenance Gold Corp has accumulated about 763.92 K in cash with (807.07 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 12.0% of the company outstanding shares are owned by corporate insiders |
Provenance Gold Fundamentals Growth
Provenance OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Provenance Gold, and Provenance 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 Provenance OTC Stock performance.
| Return On Equity | -0.23 | |||
| Return On Asset | -0.084 | |||
| Current Valuation | 4.92 M | |||
| Shares Outstanding | 79.55 M | |||
| Price To Book | 2.27 X | |||
| EBITDA | (882.1 K) | |||
| Cash And Equivalents | 763.92 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 47.5 K | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 0.04 X | |||
| Cash Flow From Operations | (807.07 K) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 2.98 M | |||
About Provenance Gold Performance
By analyzing Provenance Gold's fundamental ratios, stakeholders can gain valuable insights into Provenance Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Provenance 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 Provenance Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Provenance Gold Corp., a junior exploration company, engages in the identification, acquisition, and exploration of mineral interests in North America. Provenance Gold Corp. was incorporated in 2012 and is based in Vancouver, Canada. PROVENANCE GOLD is traded on OTC Exchange in the United States.Things to note about Provenance Gold Corp performance evaluation
Checking the ongoing alerts about Provenance Gold for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Provenance Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Provenance Gold Corp is way too risky over 90 days horizon | |
| Provenance Gold Corp has some characteristics of a very speculative penny stock | |
| Provenance Gold Corp appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (882.1 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Provenance Gold Corp has accumulated about 763.92 K in cash with (807.07 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 12.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Provenance 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 Provenance Gold's stock is overvalued or undervalued compared to its peers.
- Examining Provenance 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 Provenance Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Provenance Gold's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Provenance Gold's otc stock. These opinions can provide insight into Provenance Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Provenance OTC Stock analysis
When running Provenance Gold's price analysis, check to measure Provenance 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 Provenance Gold is operating at the current time. Most of Provenance Gold's value examination focuses on studying past and present price action to predict the probability of Provenance 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 Provenance Gold's price. Additionally, you may evaluate how the addition of Provenance Gold to your portfolios can decrease your overall portfolio volatility.
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