We recommend to use Romios Gold Resources fundamental analysis to find out if markets are presently mispricing the firm. Put it differently this technique allows you to confirm available drivers of Romios Gold Resources as well as the relationship between them. We were able to interpolate twenty-three available financial ratios for Romios Gold Resources, which can be compared to its competitors. The stock experiences a very speculative upward sentiment. Check odds of Romios Gold to be traded at C$0.025 in 90 days. Key indicators impacting Romios Gold's financial strength include:
Please note, the imprecision that can be found in Romios Gold's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Romios Gold Resources. Check Romios Gold's Beneish M Score to see the likelihood of Romios Gold's management manipulating its earnings.
Romios Gold Stock Summary
Romios Gold competes with Arizona Sonoran, and QC Copper. Romios Gold Resources Inc. engages in the exploration of precious and base metals in Canada. Romios Gold Resources Inc. was founded in 1995 and is headquartered in Toronto, Canada. ROMIOS GOLD operates under Gold classification in Canada and is traded on TSX Venture Exchange.
You should never invest in Romios Gold without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Romios Stock, because this is throwing your money away. Analyzing the key information contained in Romios Gold's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Romios Gold Key Financial Ratios
There are many critical financial ratios that Romios Gold's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Romios Gold Resources reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Romios Gold's current stock value. Our valuation model uses many indicators to compare Romios Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Romios Gold competition to find correlations between indicators driving Romios Gold's intrinsic value. More Info.
Romios Gold Resources is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers . At this time, Romios 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 Romios Gold's earnings, one of the primary drivers of an investment's value.
Romios Gold Resources Systematic Risk
Romios Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Romios 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 Romios Gold Resources correlated with the market. If Beta is less than 0 Romios Gold generally moves in the opposite direction as compared to the market. If Romios Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Romios Gold Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Romios Gold is generally in the same direction as the market. If Beta > 1 Romios Gold moves generally in the same direction as, but more than the movement of the benchmark.
Romios Gold Resources Total Assets Over Time
Today, most investors in Romios Gold Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Romios 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 Romios Gold growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Romios Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Romios Gold Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Romios Gold Resources based on widely used predictive technical indicators. In general, we focus on analyzing Romios Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Romios Gold's daily price indicators and compare them against related drivers.
When running Romios Gold's price analysis, check to measure Romios 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 Romios Gold is operating at the current time. Most of Romios Gold's value examination focuses on studying past and present price action to predict the probability of Romios 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 Romios Gold's price. Additionally, you may evaluate how the addition of Romios Gold to your portfolios can decrease your overall portfolio volatility.