Doubleview Gold Corp Stock Performance
| DBLVF Stock | USD 0.27 0.02 8.00% |
The firm shows a Beta (market volatility) of -0.94, which means possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Doubleview Gold are expected to decrease slowly. On the other hand, during market turmoil, Doubleview Gold is expected to outperform it slightly. At this point, Doubleview Gold Corp has a negative expected return of -0.13%. Please make sure to confirm Doubleview Gold's maximum drawdown and the relationship between the semi variance and price action indicator , to decide if Doubleview Gold Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Doubleview Gold Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's basic indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
| Begin Period Cash Flow | 2.9 M | |
| Total Cashflows From Investing Activities | -2.8 M |
Doubleview |
Doubleview Gold Relative Risk vs. Return Landscape
If you would invest 29.00 in Doubleview Gold Corp on September 13, 2024 and sell it today you would lose (4.00) from holding Doubleview Gold Corp or give up 13.79% of portfolio value over 90 days. Doubleview Gold Corp is currently producing negative expected returns and takes up 4.7415% volatility of returns over 90 trading days. Put another way, 42% of traded otc stocks are less volatile than Doubleview, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Doubleview Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Doubleview Gold's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Doubleview Gold Corp, and traders can use it to determine the average amount a Doubleview 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 = -0.0265
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| Negative Returns | DBLVF |
Estimated Market Risk
| 4.74 actual daily | 42 58% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Doubleview 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 Doubleview Gold by adding Doubleview Gold to a well-diversified portfolio.
Doubleview Gold Fundamentals Growth
Doubleview OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Doubleview Gold, and Doubleview 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 Doubleview OTC Stock performance.
| Return On Equity | -0.13 | |||
| Return On Asset | -0.0674 | |||
| Current Valuation | 49.69 M | |||
| Shares Outstanding | 178.97 M | |||
| Price To Earning | (8.33) X | |||
| Price To Book | 4.48 X | |||
| EBITDA | (2.43 M) | |||
| Cash And Equivalents | 1.64 M | |||
| Cash Per Share | 0.01 X | |||
| Debt To Equity | 15.50 % | |||
| Book Value Per Share | 0.09 X | |||
| Cash Flow From Operations | (607.33 K) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 13.14 M | |||
About Doubleview Gold Performance
By analyzing Doubleview Gold's fundamental ratios, stakeholders can gain valuable insights into Doubleview Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Doubleview 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 Doubleview Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Doubleview Gold Corp. engages in the acquisition, exploration, and development of mineral resource properties in British Columbia. Doubleview Gold Corp. was incorporated in 2008 and is headquartered in Vancouver, Canada. Doubleview Cap operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Doubleview Gold Corp performance evaluation
Checking the ongoing alerts about Doubleview Gold for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Doubleview Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Doubleview Gold Corp generated a negative expected return over the last 90 days | |
| Doubleview Gold Corp has some characteristics of a very speculative penny stock | |
| Doubleview Gold Corp has high historical volatility and very poor performance | |
| Doubleview Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.39 M) with loss before overhead, payroll, taxes, and interest of (35.65 K). | |
| Doubleview Gold Corp has accumulated about 1.64 M in cash with (607.33 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 16.0% of the company shares are held by company insiders |
- Analyzing Doubleview 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 Doubleview Gold's stock is overvalued or undervalued compared to its peers.
- Examining Doubleview 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 Doubleview Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Doubleview Gold's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Doubleview Gold's otc stock. These opinions can provide insight into Doubleview Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Doubleview OTC Stock analysis
When running Doubleview Gold's price analysis, check to measure Doubleview 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 Doubleview Gold is operating at the current time. Most of Doubleview Gold's value examination focuses on studying past and present price action to predict the probability of Doubleview 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 Doubleview Gold's price. Additionally, you may evaluate how the addition of Doubleview Gold to your portfolios can decrease your overall portfolio volatility.
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