Xtra Gold Resources Corp Stock Performance
| XTG Stock | CAD 1.81 0.02 1.12% |
On a scale of 0 to 100, Xtra Gold holds a performance score of 14. The firm maintains a market beta of 0.38, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Xtra Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Xtra Gold is expected to be smaller as well. Please check Xtra Gold's skewness, and the relationship between the potential upside and rate of daily change , to make a quick decision on whether Xtra Gold's historical returns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Xtra Gold Resources Corp are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of very conflicting technical and fundamental indicators, Xtra Gold displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Gold Resource Q3 Earnings Snapshot - Marketscreener.com | 11/05/2024 |
| Begin Period Cash Flow | 6.1 M |
Xtra |
Xtra Gold Relative Risk vs. Return Landscape
If you would invest 134.00 in Xtra Gold Resources Corp on September 3, 2024 and sell it today you would earn a total of 45.00 from holding Xtra Gold Resources Corp or generate 33.58% return on investment over 90 days. Xtra Gold Resources Corp is generating 0.4887% of daily returns assuming 2.6833% volatility of returns over the 90 days investment horizon. Simply put, 23% of all stocks have less volatile historical return distribution than Xtra Gold, and 91% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Xtra Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xtra Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Xtra Gold Resources Corp, and traders can use it to determine the average amount a Xtra 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 = 0.1821
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Estimated Market Risk
| 2.68 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.49 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Xtra Gold is performing at about 14% 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 Xtra Gold by adding it to a well-diversified portfolio.
Xtra Gold Fundamentals Growth
Xtra Stock prices reflect investors' perceptions of the future prospects and financial health of Xtra Gold, and Xtra 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 Xtra Stock performance.
| Return On Equity | 0.0738 | ||||
| Return On Asset | 0.11 | ||||
| Current Valuation | 63.61 M | ||||
| Shares Outstanding | 46.04 M | ||||
| Price To Earning | 19.17 X | ||||
| Price To Book | 4.57 X | ||||
| EBITDA | 2.27 M | ||||
| Net Income | 14.72 K | ||||
| Cash And Equivalents | 5.78 M | ||||
| Cash Per Share | 0.14 X | ||||
| Total Debt | 1.52 M | ||||
| Current Ratio | 20.82 X | ||||
| Book Value Per Share | 0.28 X | ||||
| Cash Flow From Operations | 1.81 M | ||||
| Earnings Per Share | 0.01 X | ||||
| Market Capitalization | 82.42 M | ||||
| Total Asset | 11.86 M | ||||
| Retained Earnings | (21.51 M) | ||||
| Working Capital | 8.77 M | ||||
About Xtra Gold Performance
By examining Xtra Gold's fundamental ratios, stakeholders can obtain critical insights into Xtra 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 Xtra 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 | 1.4 K | 1.1 K | |
| Return On Tangible Assets | (0.01) | (0.01) | |
| Return On Capital Employed | (0.12) | (0.12) | |
| Return On Assets | (0.01) | (0.01) | |
| Return On Equity | (0.02) | (0.02) |
Things to note about Xtra Gold Resources performance evaluation
Checking the ongoing alerts about Xtra Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Xtra Gold Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Xtra Gold Resources may become a speculative penny stock | |
| About 23.0% of the company outstanding shares are owned by insiders | |
| Latest headline from thelincolnianonline.com: Algoma Steel Group Inc. Announces Quarterly Dividend of 0.05 |
- Analyzing Xtra 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 Xtra Gold's stock is overvalued or undervalued compared to its peers.
- Examining Xtra 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 Xtra Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Xtra Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Xtra Gold's stock. These opinions can provide insight into Xtra Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Xtra Stock
Xtra Gold financial ratios help investors to determine whether Xtra 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 Xtra with respect to the benefits of owning Xtra Gold security.