Steppe Gold Stock Performance
| STGO Stock | CAD 2.37 0.10 4.41% |
On a scale of 0 to 100, Steppe Gold holds a performance score of 3. The entity has a beta of 1.69, 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. Please check Steppe Gold's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Steppe Gold's existing price patterns will revert.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Steppe Gold are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of very abnormal basic indicators, Steppe Gold displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 14.9 M | |
| Total Cashflows From Investing Activities | -12 M |
Steppe |
Steppe Gold Relative Risk vs. Return Landscape
If you would invest 221.00 in Steppe Gold on October 29, 2025 and sell it today you would earn a total of 16.00 from holding Steppe Gold or generate 7.24% return on investment over 90 days. Steppe Gold is generating 0.2003% of daily returns and assumes 4.1818% volatility on return distribution over the 90 days horizon. Simply put, 37% of stocks are less volatile than Steppe, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Steppe Gold Target Price Odds to finish over Current Price
The tendency of Steppe 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 |
| 2.37 | 90 days | 2.37 | near 1 |
Based on a normal probability distribution, the odds of Steppe Gold to move above the current price in 90 days from now is near 1 (This Steppe Gold probability density function shows the probability of Steppe Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.69 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Steppe Gold will likely underperform. Additionally Steppe Gold has an alpha of 0.0734, implying that it can generate a 0.0734 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Steppe Gold Price Density |
| Price |
Predictive Modules for Steppe 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 Steppe Gold. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.Steppe Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Steppe Gold is not an exception. The market had few large corrections towards the Steppe 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 Steppe Gold, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Steppe Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | 1.69 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | 0.03 |
Steppe 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 Steppe Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Steppe Gold can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| 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 64.0% of the company outstanding shares are owned by corporate insiders |
Steppe Gold Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Steppe Stock often depends not only on the future outlook of the current and potential Steppe Gold's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Steppe Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 191.1 M | |
| Cash And Short Term Investments | 144.2 M |
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 | 0.36 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.29 % | ||||
| Operating Margin | 0.42 % | ||||
| Current Valuation | 651.72 M | ||||
| Shares Outstanding | 252.83 M | ||||
| Price To Book | 3.18 X | ||||
| Price To Sales | 4.09 X | ||||
| Revenue | 178.13 M | ||||
| EBITDA | 109.85 M | ||||
| Cash And Equivalents | 5.39 M | ||||
| Cash Per Share | 0.13 X | ||||
| Total Debt | 187.15 M | ||||
| Debt To Equity | 209.40 % | ||||
| Book Value Per Share | 0.72 X | ||||
| Cash Flow From Operations | 81.83 M | ||||
| Earnings Per Share | 0.10 X | ||||
| Total Asset | 352.14 M | ||||
| Retained Earnings | 56.24 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.
Steppe Gold Ltd. explores for and develops precious metals in Mongolia and Canada. The company was incorporated in 2016 and is headquartered in Ulaanbaatar, Mongolia. STEPPE GOLD is traded on Toronto Stock Exchange in Canada.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 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 64.0% 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.