Argo Gold Stock Performance
| ARBTF Stock | USD 0.06 0 4.18% |
The firm shows a Beta (market volatility) of 0.55, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Argo Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Argo Gold is expected to be smaller as well. Argo Gold right now shows a risk of 6.36%. Please confirm Argo Gold information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to decide if Argo Gold will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Argo Gold has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Argo Gold is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 1.8 M | |
| Total Cashflows From Investing Activities | 673.7 K | |
| Free Cash Flow | -2 M |
Argo |
Argo Gold Relative Risk vs. Return Landscape
If you would invest 6.00 in Argo Gold on September 1, 2024 and sell it today you would lose (0.50) from holding Argo Gold or give up 8.33% of portfolio value over 90 days. Argo Gold is currently producing 0.0536% returns and takes up 6.3625% volatility of returns over 90 trading days. Put another way, 56% of traded pink sheets are less volatile than Argo, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Argo Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Argo Gold's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Argo Gold, and traders can use it to determine the average amount a Argo Gold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0084
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| Cash | Small Risk | Average Risk | ARBTF | Huge Risk |
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Estimated Market Risk
| 6.36 actual daily | 56 56% of assets are less volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Argo Gold is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Argo Gold by adding Argo Gold to a well-diversified portfolio.
Argo Gold Fundamentals Growth
Argo Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Argo Gold, and Argo Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Argo Pink Sheet performance.
| Return On Equity | -0.91 | |||
| Return On Asset | -0.31 | |||
| Current Valuation | 4.4 M | |||
| Shares Outstanding | 65.99 M | |||
| Price To Earning | (5.42) X | |||
| Price To Book | 7.56 X | |||
| EBITDA | (1.9 M) | |||
| Cash And Equivalents | 509.4 K | |||
| Cash Per Share | 0.01 X | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (1.98 M) | |||
| Earnings Per Share | (0.02) X | |||
| Total Asset | 2.14 M | |||
About Argo Gold Performance
By analyzing Argo Gold's fundamental ratios, stakeholders can gain valuable insights into Argo Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Argo Gold has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Argo Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Argo Gold Inc., a development stage company, focuses on the exploration and development of mineral properties in northwestern Ontario. Argo Gold Inc. was incorporated in 1995 and is based in Toronto, Canada. Argo Gold is traded on OTC Exchange in the United States.Things to note about Argo Gold performance evaluation
Checking the ongoing alerts about Argo Gold for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Argo Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Argo Gold had very high historical volatility over the last 90 days | |
| Argo Gold has some characteristics of a very speculative penny stock | |
| Argo Gold has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.18 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Argo Gold has accumulated about 509.4 K in cash with (1.98 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 25.0% of the company shares are held by company insiders |
- Analyzing Argo Gold's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Argo Gold's stock is overvalued or undervalued compared to its peers.
- Examining Argo Gold's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Argo Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Argo Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Argo Gold's pink sheet. These opinions can provide insight into Argo Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Argo Pink Sheet analysis
When running Argo Gold's price analysis, check to measure Argo 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 Argo Gold is operating at the current time. Most of Argo Gold's value examination focuses on studying past and present price action to predict the probability of Argo 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 Argo Gold's price. Additionally, you may evaluate how the addition of Argo Gold to your portfolios can decrease your overall portfolio volatility.
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