Goliath Resources Stock Buy Hold or Sell Recommendation

GOT Stock  CAD 1.65  0.10  6.45%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Goliath Resources is 'Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Goliath Resources given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Goliath Resources, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Goliath Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note, we conduct extensive research on individual companies such as Goliath and provide practical buy, sell, or hold advice based on investors' constraints. Goliath Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Execute Goliath Resources Buy or Sell Advice

The Goliath recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Goliath Resources. Macroaxis does not own or have any residual interests in Goliath Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Goliath Resources' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Goliath ResourcesBuy Goliath Resources
Sell

Market Performance

OKDetails

Volatility

Extremely DangerousDetails

Hype Condition

Under hypedDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Goliath Resources has a Mean Deviation of 5.11, Semi Deviation of 5.9, Standard Deviation of 7.51, Variance of 56.36, Downside Variance of 52.97 and Semi Variance of 34.86
We provide advice to complement the regular expert consensus on Goliath Resources. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Goliath Resources is not overpriced, please check out all Goliath Resources fundamentals, including its ebitda, short ratio, working capital, as well as the relationship between the total debt and beta .

Goliath Resources Trading Alerts and Improvement Suggestions

Goliath Resources is way too risky over 90 days horizon
Goliath Resources may become a speculative penny stock
Goliath Resources appears to be risky and price may revert if volatility continues
Net Loss for the year was (25.09 M) with profit before overhead, payroll, taxes, and interest of 0.
Goliath Resources has accumulated about 1.12 M in cash with (18.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.

Goliath Resources Returns Distribution Density

The distribution of Goliath Resources' historical returns is an attempt to chart the uncertainty of Goliath Resources' future price movements. The chart of the probability distribution of Goliath Resources daily returns describes the distribution of returns around its average expected value. We use Goliath Resources price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Goliath Resources returns is essential to provide solid investment advice for Goliath Resources.
Mean Return
0.98
Value At Risk
-6.74
Potential Upside
14.01
Standard Deviation
7.51
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Goliath Resources historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Goliath Resources Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Goliath Resources or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Goliath Resources' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Goliath stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
0.99
β
Beta against Dow Jones1.02
σ
Overall volatility
7.51
Ir
Information ratio 0.13

Goliath Resources Volatility Alert

Goliath Resources is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Goliath Resources' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Goliath Resources' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Goliath Resources Fundamentals Vs Peers

Comparing Goliath Resources' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Goliath Resources' direct or indirect competition across all of the common fundamentals between Goliath Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as Goliath Resources or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Goliath Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing Goliath Resources by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Goliath Resources to competition
FundamentalsGoliath ResourcesPeer Average
Return On Equity-7.73-0.31
Return On Asset-2.88-0.14
Current Valuation293.4 M16.62 B
Shares Outstanding137.34 M571.82 M
Shares Owned By Insiders6.16 %10.09 %
Shares Owned By Institutions13.50 %39.21 %
Number Of Shares Shorted398.55 K4.71 M
Price To Book46.83 X9.51 X
EBITDA(33.35 M)3.9 B
Net Income(25.09 M)570.98 M
Cash And Equivalents1.12 M2.7 B
Cash Per Share0.01 X5.01 X
Total Debt1.25 M5.32 B
Current Ratio13.08 X2.16 X
Book Value Per Share0.05 X1.93 K
Cash Flow From Operations(18.71 M)971.22 M
Short Ratio0.86 X4.00 X
Earnings Per Share(0.24) X3.12 X
Target Price1.6
Number Of Employees318.84 K
Beta1.98-0.15
Market Capitalization212.88 M19.03 B
Total Asset4.65 M29.47 B
Retained Earnings(66.78 M)9.33 B
Working Capital3.29 M1.48 B
Net Asset4.65 M

Goliath Resources Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Goliath . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Goliath Resources Buy or Sell Advice

When is the right time to buy or sell Goliath Resources? Buying financial instruments such as Goliath Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Goliath Resources in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Sports Thematic Idea Now

Sports
Sports Theme
Companies in sporting activities arena as well as manufacturers of sporting goods and sport retailers. The Sports theme has 25 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Sports Theme or any other thematic opportunities.
View All  Next Launch

Additional Tools for Goliath Stock Analysis

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