Freegold Ventures Limited Stock Performance
| FGOVF Stock | USD 0.59 0.01 1.72% |
The firm shows a Beta (market volatility) of 0.0689, which means not very significant fluctuations relative to the market. As returns on the market increase, Freegold Ventures' returns are expected to increase less than the market. However, during the bear market, the loss of holding Freegold Ventures is expected to be smaller as well. At this point, Freegold Ventures has a negative expected return of -0.43%. Please make sure to confirm Freegold Ventures' treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Freegold Ventures 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 Freegold Ventures Limited has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in February 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 29.7 M | |
| Total Cashflows From Investing Activities | -16 M |
Freegold |
Freegold Ventures Relative Risk vs. Return Landscape
If you would invest 82.00 in Freegold Ventures Limited on October 22, 2024 and sell it today you would lose (23.00) from holding Freegold Ventures Limited or give up 28.05% of portfolio value over 90 days. Freegold Ventures Limited is currently producing negative expected returns and takes up 4.6392% volatility of returns over 90 trading days. Put another way, 41% of traded otc stocks are less volatile than Freegold, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Freegold Ventures Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Freegold Ventures' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Freegold Ventures Limited, and traders can use it to determine the average amount a Freegold Ventures' 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 = -0.0936
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| Negative Returns | FGOVF |
Estimated Market Risk
| 4.64 actual daily | 41 59% of assets are more volatile |
Expected Return
| -0.43 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Freegold Ventures 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 Freegold Ventures by adding Freegold Ventures to a well-diversified portfolio.
Freegold Ventures Fundamentals Growth
Freegold OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Freegold Ventures, and Freegold Ventures 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 Freegold OTC Stock performance.
| Return On Equity | -0.01 | |||
| Return On Asset | -0.0058 | |||
| Current Valuation | 112.22 M | |||
| Shares Outstanding | 368.19 M | |||
| Price To Earning | (10.03) X | |||
| Price To Book | 1.59 X | |||
| EBITDA | (2.13 M) | |||
| Cash And Equivalents | 8.81 M | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 149.64 K | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 0.21 X | |||
| Cash Flow From Operations | (647.01 K) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 74.42 M | |||
| Retained Earnings | (27.77 M) | |||
| Current Asset | 142 K | |||
| Current Liabilities | 8.54 M | |||
About Freegold Ventures Performance
By analyzing Freegold Ventures' fundamental ratios, stakeholders can gain valuable insights into Freegold Ventures' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Freegold Ventures 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 Freegold Ventures has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Freegold Ventures Limited, an exploration stage company, engages in the acquisition, exploration, evaluation, and development of precious and base metal properties in the United States and Canada. Freegold Ventures Limited was incorporated in 1985 and is headquartered in Vancouver, Canada. FREEGOLD VENTURES operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 4 people.Things to note about Freegold Ventures performance evaluation
Checking the ongoing alerts about Freegold Ventures for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Freegold Ventures help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Freegold Ventures generated a negative expected return over the last 90 days | |
| Freegold Ventures has some characteristics of a very speculative penny stock | |
| Freegold Ventures has high historical volatility and very poor performance | |
| Net Loss for the year was (2.21 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Freegold Ventures Limited has accumulated about 8.81 M in cash with (647.01 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 29.0% of the company shares are held by company insiders |
- Analyzing Freegold Ventures' 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 Freegold Ventures' stock is overvalued or undervalued compared to its peers.
- Examining Freegold Ventures' 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 Freegold Ventures' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Freegold Ventures' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Freegold Ventures' otc stock. These opinions can provide insight into Freegold Ventures' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Freegold OTC Stock analysis
When running Freegold Ventures' price analysis, check to measure Freegold Ventures' 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 Freegold Ventures is operating at the current time. Most of Freegold Ventures' value examination focuses on studying past and present price action to predict the probability of Freegold Ventures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freegold Ventures' price. Additionally, you may evaluate how the addition of Freegold Ventures to your portfolios can decrease your overall portfolio volatility.
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