We recommend to make use of Nulegacy Gold fundamental analysis to find out if markets are presently mispricing the entity. Strictly speaking this technique allows you to check out available financial ratios of Nulegacy Gold as well as the relationship between them. We were able to interpolate twenty-eight available fundamentals for Nulegacy Gold, which can be compared to its peers in the industry. The stock experiences a normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Nulegacy Gold to be traded at C$0.0099 in 90 days. Key indicators impacting Nulegacy Gold's financial strength include:
Please note, the imprecision that can be found in Nulegacy Gold's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Nulegacy Gold. Check Nulegacy Gold's Beneish M Score to see the likelihood of Nulegacy Gold's management manipulating its earnings.
Nulegacy Gold Stock Summary
Nulegacy Gold competes with NV Gold, Tristar Gold, Defiance Silver, and Galway Metals. NuLegacy Gold Corporation acquires and explores for mineral properties. The company was incorporated in 2009 and is headquartered in Vancouver, Canada. NULEGACY GOLD operates under Gold classification in Exotistan and is traded on Commodity Exchange.
You should never invest in Nulegacy Gold without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Nulegacy Stock, because this is throwing your money away. Analyzing the key information contained in Nulegacy Gold's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Nulegacy Gold Key Financial Ratios
There are many critical financial ratios that Nulegacy Gold's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Nulegacy Gold reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Nulegacy Gold's current stock value. Our valuation model uses many indicators to compare Nulegacy Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nulegacy Gold competition to find correlations between indicators driving Nulegacy Gold's intrinsic value. More Info.
Nulegacy 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 . At this time, Nulegacy Gold's Return On Equity is fairly stable compared to the past year. 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 Nulegacy Gold's earnings, one of the primary drivers of an investment's value.
Nulegacy Gold Systematic Risk
Nulegacy Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nulegacy 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Nulegacy Gold correlated with the market. If Beta is less than 0 Nulegacy Gold generally moves in the opposite direction as compared to the market. If Nulegacy Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nulegacy Gold is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nulegacy Gold is generally in the same direction as the market. If Beta > 1 Nulegacy Gold moves generally in the same direction as, but more than the movement of the benchmark.
Nulegacy Gold Total Assets Over Time
Today, most investors in Nulegacy Gold Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Nulegacy Gold's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Nulegacy Gold growth as a starting point in their analysis.
When running Nulegacy Gold's price analysis, check to measure Nulegacy 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 Nulegacy Gold is operating at the current time. Most of Nulegacy Gold's value examination focuses on studying past and present price action to predict the probability of Nulegacy 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 Nulegacy Gold's price. Additionally, you may evaluate how the addition of Nulegacy Gold to your portfolios can decrease your overall portfolio volatility.