Outback Goldfields Corp Stock Buy Hold or Sell Recommendation
| OZ Stock | 0.33 0.05 17.86% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Outback Goldfields Corp is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Outback Goldfields Corp given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Outback Goldfields Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Outback Goldfields 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 Outback and provide practical buy, sell, or hold advice based on investors' constraints. Outback Goldfields Corp. 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.
Outback |
Execute Outback Goldfields Buy or Sell Advice
The Outback recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Outback Goldfields Corp. Macroaxis does not own or have any residual interests in Outback Goldfields Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Outback Goldfields' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Outback Goldfields Trading Alerts and Improvement Suggestions
| Outback Goldfields had very high historical volatility over the last 90 days | |
| Outback Goldfields has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (12.25 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Outback Goldfields generates negative cash flow from operations | |
| About 73.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Valkea Elects New Director, Eyes Finnish Growth - TipRanks |
Outback Goldfields Returns Distribution Density
The distribution of Outback Goldfields' historical returns is an attempt to chart the uncertainty of Outback Goldfields' future price movements. The chart of the probability distribution of Outback Goldfields daily returns describes the distribution of returns around its average expected value. We use Outback Goldfields Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Outback Goldfields returns is essential to provide solid investment advice for Outback Goldfields.
| Mean Return | 0.43 | Value At Risk | -10.53 | Potential Upside | 14.29 | Standard Deviation | 7.79 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Outback Goldfields 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.
Outback Goldfields Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (83.9K) | 6.7M | (3.7M) | (1.7M) | (1.6M) | (1.5M) | |
| Capital Expenditures | 19.3K | 2.2M | 1.8M | 845.9K | 972.8K | 909.3K | |
| Net Income | (310.8K) | (3.0M) | (2.7M) | (12.3M) | (11.0M) | (10.5M) | |
| End Period Cash Flow | 131.0K | 6.8M | 3.1M | 1.3M | 1.5M | 2.2M | |
| Investments | (19.3K) | (2.2M) | (1.8M) | (843.9K) | (759.5K) | (797.4K) | |
| Free Cash Flow | (83.9K) | (3.7M) | (2.0M) | (1.7M) | (1.6M) | (1.7M) |
Outback Goldfields 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 Outback Goldfields 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 Outback Goldfields' 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 Outback 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 | 0.39 | |
β | Beta against Dow Jones | 1.35 | |
σ | Overall volatility | 7.85 | |
Ir | Information ratio | 0.05 |
Outback Goldfields Volatility Alert
Outback Goldfields Corp is displaying above-average volatility over the selected time horizon. Outback Goldfields Corp is a potential penny stock. Although Outback Goldfields may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Outback Goldfields Corp. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Outback instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Outback Goldfields Fundamentals Vs Peers
Comparing Outback Goldfields' 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 Outback Goldfields' direct or indirect competition across all of the common fundamentals between Outback Goldfields and the related equities. This way, we can detect undervalued stocks with similar characteristics as Outback Goldfields or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Outback Goldfields' fundamental indicators could also be used in its relative valuation, which is a method of valuing Outback Goldfields by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Outback Goldfields to competition |
| Fundamentals | Outback Goldfields | Peer Average |
| Return On Equity | -0.59 | -0.31 |
| Return On Asset | -0.37 | -0.14 |
| Current Valuation | 10.4 M | 16.62 B |
| Shares Outstanding | 40.18 M | 571.82 M |
| Shares Owned By Insiders | 73.00 % | 10.09 % |
| Number Of Shares Shorted | 261 | 4.71 M |
| Price To Book | 0.55 X | 9.51 X |
| EBITDA | (766.72 K) | 3.9 B |
| Net Income | (12.25 M) | 570.98 M |
| Total Debt | 139.71 K | 5.32 B |
| Book Value Per Share | 2.84 X | 1.93 K |
| Cash Flow From Operations | (900.44 K) | 971.22 M |
| Short Ratio | 0.08 X | 4.00 X |
| Earnings Per Share | (0.14) X | 3.12 X |
| Beta | 2.04 | -0.15 |
| Market Capitalization | 13.26 M | 19.03 B |
| Total Asset | 15.11 M | 29.47 B |
| Retained Earnings | (18.55 M) | 9.33 B |
| Working Capital | 1.31 M | 1.48 B |
| Net Asset | 15.11 M |
Outback Goldfields Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Outback . 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 Outback Goldfields Buy or Sell Advice
When is the right time to buy or sell Outback Goldfields Corp? Buying financial instruments such as Outback 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.
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Additional Tools for Outback Stock Analysis
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.