Steppe Gold Stock Performance
| STGO Stock | CAD 0.64 0.01 1.59% |
Steppe Gold has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 1.24, which indicates 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, Steppe Gold will likely underperform. Steppe Gold right now has a risk of 3.77%. Please validate Steppe Gold downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Steppe Gold will be following its existing price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Steppe Gold are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Steppe Gold is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Steppe Gold Reports Strong Q3 Results, Optimizes Operations - TipRanks | 10/08/2024 |
| Begin Period Cash Flow | 2.5 M |
Steppe |
Steppe Gold Relative Risk vs. Return Landscape
If you would invest 63.00 in Steppe Gold on September 1, 2024 and sell it today you would earn a total of 1.00 from holding Steppe Gold or generate 1.59% return on investment over 90 days. Steppe Gold is generating 0.0941% of daily returns and assumes 3.7736% volatility on return distribution over the 90 days horizon. Simply put, 33% of stocks are less volatile than Steppe, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Steppe Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Steppe Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Steppe Gold, and traders can use it to determine the average amount a Steppe 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 = 0.0249
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| Cash | Small Risk | Average Risk | STGO | Huge Risk |
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Estimated Market Risk
| 3.77 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Steppe Gold is performing at about 1% 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 Steppe Gold by adding it to a well-diversified portfolio.
Steppe Gold Fundamentals Growth
Steppe Stock prices reflect investors' perceptions of the future prospects and financial health of Steppe Gold, and Steppe 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 Steppe Stock performance.
| Return On Equity | -0.11 | ||||
| Return On Asset | 0.1 | ||||
| Profit Margin | (0.07) % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 361.41 M | ||||
| Shares Outstanding | 252.83 M | ||||
| Price To Book | 1.20 X | ||||
| Price To Sales | 3.07 X | ||||
| Revenue | 54.24 M | ||||
| Gross Profit | 9.65 M | ||||
| EBITDA | 23.08 M | ||||
| Net Income | 8.89 M | ||||
| Cash And Equivalents | 5.39 M | ||||
| Cash Per Share | 0.13 X | ||||
| Total Debt | 36.05 M | ||||
| Debt To Equity | 209.40 % | ||||
| Current Ratio | 1.24 X | ||||
| Book Value Per Share | 38.51 X | ||||
| Cash Flow From Operations | 8.2 M | ||||
| Earnings Per Share | 0.12 X | ||||
| Market Capitalization | 161.81 M | ||||
| Total Asset | 98.29 M | ||||
| Retained Earnings | (38.3 M) | ||||
| Working Capital | (5.54 M) | ||||
About Steppe Gold Performance
By examining Steppe Gold's fundamental ratios, stakeholders can obtain critical insights into Steppe Gold's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Steppe Gold is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 474.35 | 450.64 | |
| Return On Tangible Assets | 0.10 | 0.10 | |
| Return On Capital Employed | 0.28 | 0.30 | |
| Return On Assets | 0.10 | 0.10 | |
| Return On Equity | 0.19 | 0.20 |
Things to note about Steppe Gold performance evaluation
Checking the ongoing alerts about Steppe Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Steppe Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Steppe Gold has some characteristics of a very speculative penny stock | |
| Steppe Gold had very high historical volatility over the last 90 days | |
| Steppe Gold has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 24.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Steppe 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 Steppe Gold's stock is overvalued or undervalued compared to its peers.
- Examining Steppe 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 Steppe Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Steppe Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Steppe Gold's stock. These opinions can provide insight into Steppe Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Steppe Stock
Steppe Gold financial ratios help investors to determine whether Steppe Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Steppe with respect to the benefits of owning Steppe Gold security.