Nevada Sunrise Gold Stock Performance
| NEV Stock | CAD 0.01 0.01 25.00% |
The company secures a Beta (Market Risk) of -2.3, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Nevada Sunrise are expected to decrease by larger amounts. On the other hand, during market turmoil, Nevada Sunrise is expected to outperform it. At this point, Nevada Sunrise Gold has a negative expected return of -0.13%. Please make sure to verify Nevada Sunrise's skewness, rate of daily change, as well as the relationship between the Rate Of Daily Change and period momentum indicator , to decide if Nevada Sunrise Gold performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Nevada Sunrise Gold has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Stock's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the venture sophisticated investors. ...more
Last Split Factor 1:10 | Last Split Date 2013-12-16 |
1 | Outlook for Franco-Nevada Stock in 2025 - The Motley Fool Canada | 12/20/2024 |
| Begin Period Cash Flow | 2.1 M |
Nevada |
Nevada Sunrise Relative Risk vs. Return Landscape
If you would invest 2.00 in Nevada Sunrise Gold on September 23, 2024 and sell it today you would lose (0.50) from holding Nevada Sunrise Gold or give up 25.0% of portfolio value over 90 days. Nevada Sunrise Gold is currently producing negative expected returns and takes up 8.1346% volatility of returns over 90 trading days. Put another way, 72% of traded stocks are less volatile than Nevada, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nevada Sunrise Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nevada Sunrise's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nevada Sunrise Gold, and traders can use it to determine the average amount a Nevada Sunrise'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 = -0.0158
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NEV |
Estimated Market Risk
| 8.13 actual daily | 72 72% of assets are less volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nevada Sunrise 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 Nevada Sunrise by adding Nevada Sunrise to a well-diversified portfolio.
Nevada Sunrise Fundamentals Growth
Nevada Stock prices reflect investors' perceptions of the future prospects and financial health of Nevada Sunrise, and Nevada Sunrise 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 Nevada Stock performance.
| Return On Equity | -0.74 | ||||
| Return On Asset | -0.39 | ||||
| Current Valuation | (636.16 K) | ||||
| Shares Outstanding | 110.26 M | ||||
| Price To Earning | (43.75) X | ||||
| Price To Book | 0.95 X | ||||
| Gross Profit | (1.32 K) | ||||
| EBITDA | (2.69 M) | ||||
| Net Income | (2.73 M) | ||||
| Cash And Equivalents | 325.93 K | ||||
| Total Debt | 310.12 K | ||||
| Current Ratio | 0.55 X | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | (2.47 M) | ||||
| Earnings Per Share | (0.02) X | ||||
| Market Capitalization | 1.65 M | ||||
| Total Asset | 2 M | ||||
| Retained Earnings | (27.93 M) | ||||
| Working Capital | 212.59 K | ||||
About Nevada Sunrise Performance
Evaluating Nevada Sunrise's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nevada Sunrise 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 Nevada Sunrise has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 20.3 K | 18 K | |
| Return On Tangible Assets | (1.57) | (1.49) | |
| Return On Capital Employed | (1.67) | (1.76) | |
| Return On Assets | (1.57) | (1.49) | |
| Return On Equity | (1.86) | (1.95) |
Things to note about Nevada Sunrise Gold performance evaluation
Checking the ongoing alerts about Nevada Sunrise for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nevada Sunrise Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nevada Sunrise Gold generated a negative expected return over the last 90 days | |
| Nevada Sunrise Gold has high historical volatility and very poor performance | |
| Nevada Sunrise Gold has some characteristics of a very speculative penny stock | |
| Nevada Sunrise Gold has a very high chance of going through financial distress in the upcoming years | |
| Nevada Sunrise Gold has accumulated 310.12 K in total debt. Nevada Sunrise Gold has a current ratio of 0.54, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Nevada Sunrise until it has trouble settling it off, either with new capital or with free cash flow. So, Nevada Sunrise's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nevada Sunrise Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nevada to invest in growth at high rates of return. When we think about Nevada Sunrise's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.73 M) with loss before overhead, payroll, taxes, and interest of (1.32 K). | |
| Nevada Sunrise Gold has accumulated about 325.93 K in cash with (2.47 M) of positive cash flow from operations. | |
| Latest headline from news.google.com: Outlook for Franco-Nevada Stock in 2025 - The Motley Fool Canada |
- Analyzing Nevada Sunrise'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 Nevada Sunrise's stock is overvalued or undervalued compared to its peers.
- Examining Nevada Sunrise'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 Nevada Sunrise's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nevada Sunrise's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nevada Sunrise's stock. These opinions can provide insight into Nevada Sunrise's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Nevada Stock Analysis
When running Nevada Sunrise's price analysis, check to measure Nevada Sunrise'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 Nevada Sunrise is operating at the current time. Most of Nevada Sunrise's value examination focuses on studying past and present price action to predict the probability of Nevada Sunrise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nevada Sunrise's price. Additionally, you may evaluate how the addition of Nevada Sunrise to your portfolios can decrease your overall portfolio volatility.