Angold Resources Stock Analysis

Angold Pink Sheet Analysis Notes

The company has price-to-book (P/B) ratio of 0.43. Some equities with similar Price to Book (P/B) outperform the market in the long run. Angold Resources last dividend was issued on the 12th of June 2020. Angold Resources Ltd., a junior exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada, the United States, and Chile. Its flagship property is the 100 percent owned the Iron Butte property covering an area of approximately 1,540 hectares consists of 190 claims located in the Battle Mountain, Nevada. Angold Res is traded on OTC Exchange in the United States.The quote for Angold Resources is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more info on Angold Resources please contact Econ CA at 604 628 5616 or go to https://www.angoldresources.com.

Angold Resources Investment Alerts

Angold Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.03 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Angold Resources's market, we take the total number of its shares issued and multiply it by Angold Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 29th of November, Angold Resources shows the risk adjusted performance of 0.0974, and Mean Deviation of 20.39. Angold Resources technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Angold Resources coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Angold Resources is priced correctly, providing market reflects its regular price of 0.032 per share. As Angold Resources appears to be a penny stock we also recommend to validate its total risk alpha numbers.

Angold Resources Price Movement Analysis

Angold Resources Predictive Daily Indicators

Angold Resources Forecast Models

Angold Resources' time-series forecasting models are one of many Angold Resources' pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Angold Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Angold Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Angold shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Angold Resources. By using and applying Angold Pink Sheet analysis, traders can create a robust methodology for identifying Angold entry and exit points for their positions.

When running Angold Resources' price analysis, check to measure Angold Resources' 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 Angold Resources is operating at the current time. Most of Angold Resources' value examination focuses on studying past and present price action to predict the probability of Angold Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Angold Resources' price. Additionally, you may evaluate how the addition of Angold Resources to your portfolios can decrease your overall portfolio volatility.