Nexus Gold Corp Performance
The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Nexus Gold are completely uncorrelated.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Nexus Gold Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound technical and fundamental indicators, Nexus Gold is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
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Nexus Gold Relative Risk vs. Return Landscape
If you would invest (100.00) in Nexus Gold Corp on December 13, 2024 and sell it today you would earn a total of 100.00 from holding Nexus Gold Corp or generate -100.0% return on investment over 90 days. Nexus Gold Corp is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than Nexus, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Nexus Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nexus Gold's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Nexus Gold Corp, and traders can use it to determine the average amount a Nexus 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 = 0.0
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Based on monthly moving average Nexus 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 Nexus Gold by adding Nexus Gold to a well-diversified portfolio.
Things to note about Nexus Gold Corp performance evaluation
Checking the ongoing alerts about Nexus Gold for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Nexus Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nexus Gold Corp is not yet fully synchronised with the market data | |
| Nexus Gold Corp has some characteristics of a very speculative penny stock |
- Analyzing Nexus 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 Nexus Gold's stock is overvalued or undervalued compared to its peers.
- Examining Nexus 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 Nexus Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nexus Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nexus Gold's pink sheet. These opinions can provide insight into Nexus Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Other Consideration for investing in Nexus Pink Sheet
If you are still planning to invest in Nexus Gold Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nexus Gold's history and understand the potential risks before investing.
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