Newcore Gold Financials
| NCAUF Stock | USD 0.22 0.01 4.35% |
With this module, you can analyze Newcore financials for your investing period. You should be able to track the changes in Newcore Gold individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Newcore |
The data published in Newcore Gold's official financial statements typically reflect Newcore Gold's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Newcore Gold's quantitative information. For example, before you start analyzing numbers published by Newcore accountants, it's essential to understand Newcore Gold's liquidity, profitability, and earnings quality within the context of the Basic Materials space in which it operates.
Newcore Gold Stock Summary
Newcore Gold competes with Harmony Gold, SPACE, T Rowe, Ampleforth, and Ionet. Newcore Gold Ltd., a mineral exploration and mine development company, engages in the acquisition, advancement, and development of precious mineral properties in Ghana. Newcore Gold Ltd. was incorporated in 2010 and is headquartered in Vancouver, Canada. Newcore Gold is traded on OTC Exchange in the United States.| Instrument | USA OTC Stock View All |
| Exchange | OTCQX Exchange |
| Business Address | 200 Burrard Street, |
| Sector | Basic Materials |
| Industry | Gold |
| Benchmark | Dow Jones Industrial |
| Website | www.newcoregold.com |
| Phone | 604 484 4399 |
| Currency | USD - US Dollar |
Newcore Gold Key Financial Ratios
There are many critical financial ratios that Newcore Gold's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Newcore Gold reports annually and quarterly.| Return On Equity | -0.0866 | |||
| Return On Asset | -0.0392 | |||
| Beta | 1.19 |
Newcore Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Newcore Gold's current stock value. Our valuation model uses many indicators to compare Newcore Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Newcore Gold competition to find correlations between indicators driving Newcore Gold's intrinsic value. More Info.Newcore Gold is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Newcore Gold's earnings, one of the primary drivers of an investment's value.Newcore Gold Systematic Risk
Newcore Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Newcore Gold volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Newcore Gold correlated with the market. If Beta is less than 0 Newcore Gold generally moves in the opposite direction as compared to the market. If Newcore Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Newcore Gold is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Newcore Gold is generally in the same direction as the market. If Beta > 1 Newcore Gold moves generally in the same direction as, but more than the movement of the benchmark.
Newcore Gold December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Newcore Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Newcore Gold. We use our internally-developed statistical techniques to arrive at the intrinsic value of Newcore Gold based on widely used predictive technical indicators. In general, we focus on analyzing Newcore OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Newcore Gold's daily price indicators and compare them against related drivers.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 25.64 | |||
| Value At Risk | (7.41) | |||
| Potential Upside | 4.55 |
Complementary Tools for Newcore OTC Stock analysis
When running Newcore Gold's price analysis, check to measure Newcore 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 Newcore Gold is operating at the current time. Most of Newcore Gold's value examination focuses on studying past and present price action to predict the probability of Newcore 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 Newcore Gold's price. Additionally, you may evaluate how the addition of Newcore Gold to your portfolios can decrease your overall portfolio volatility.
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