We recommend to use Outback Goldfields Corp fundamental analysis to find out if markets are presently mispricing the firm. Put it differently this technique allows you to confirm available drivers of Outback Goldfields Corp as well as the relationship between them. We were able to interpolate twenty-one available financial ratios for Outback Goldfields Corp, which can be compared to its competitors. The stock experiences a very speculative upward sentiment. Check odds of Outback Goldfields to be traded at 0.4125 in 90 days. Key indicators impacting Outback Goldfields' financial strength include:
Please note, the imprecision that can be found in Outback Goldfields' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Outback Goldfields Corp. Check Outback Goldfields' Beneish M Score to see the likelihood of Outback Goldfields' management manipulating its earnings.
Outback Goldfields Stock Summary
Outback Goldfields competes with Q Gold, and Goldbank Mining. Outback Goldfields is entity of Canada. It is traded as Stock on V exchange.
You should never invest in Outback Goldfields without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Outback Stock, because this is throwing your money away. Analyzing the key information contained in Outback Goldfields' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Outback Goldfields Key Financial Ratios
There are many critical financial ratios that Outback Goldfields' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Outback Goldfields Corp reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Outback Goldfields's current stock value. Our valuation model uses many indicators to compare Outback Goldfields value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Outback Goldfields competition to find correlations between indicators driving Outback Goldfields's intrinsic value. More Info.
Outback Goldfields Corp is regarded fourth in return on equity category among its peers. It is regarded fifth in return on asset category among its peers . At this time, Outback Goldfields' 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 Outback Goldfields' earnings, one of the primary drivers of an investment's value.
Outback Goldfields Corp Systematic Risk
Outback Goldfields' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Outback Goldfields 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 Outback Goldfields Corp correlated with the market. If Beta is less than 0 Outback Goldfields generally moves in the opposite direction as compared to the market. If Outback Goldfields Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Outback Goldfields Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Outback Goldfields is generally in the same direction as the market. If Beta > 1 Outback Goldfields moves generally in the same direction as, but more than the movement of the benchmark.
Outback Goldfields Corp Total Assets Over Time
Today, most investors in Outback Goldfields Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Outback Goldfields' 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 Outback Goldfields growth as a starting point in their analysis.
Outback Goldfields December 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Outback Goldfields help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Outback Goldfields Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Outback Goldfields Corp based on widely used predictive technical indicators. In general, we focus on analyzing Outback Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Outback Goldfields's daily price indicators and compare them against related drivers.
When running Outback Goldfields' price analysis, check to measure Outback Goldfields' 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 Outback Goldfields is operating at the current time. Most of Outback Goldfields' value examination focuses on studying past and present price action to predict the probability of Outback Goldfields' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Outback Goldfields' price. Additionally, you may evaluate how the addition of Outback Goldfields to your portfolios can decrease your overall portfolio volatility.