Outback Goldfields Corp Stock Performance
| OZ Stock | 0.33 0.05 17.86% |
On a scale of 0 to 100, Outback Goldfields holds a performance score of 4. The company holds a Beta of 1.35, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Outback Goldfields will likely underperform. Please check Outback Goldfields' potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Outback Goldfields' historical price patterns will revert.
Risk-Adjusted Performance
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Outback Goldfields Corp are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Outback Goldfields showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:10 | Last Split Date 2024-09-27 |
1 | Valkea Resources Retains Full Control of Palvanen Project - TipRanks | 11/08/2024 |
2 | Valkea Elects New Director, Eyes Finnish Growth - TipRanks | 12/20/2024 |
| Begin Period Cash Flow | 3.1 M |
Outback |
Outback Goldfields Relative Risk vs. Return Landscape
If you would invest 30.00 in Outback Goldfields Corp on September 24, 2024 and sell it today you would earn a total of 3.00 from holding Outback Goldfields Corp or generate 10.0% return on investment over 90 days. Outback Goldfields Corp is currently generating 0.4406% in daily expected returns and assumes 7.9145% risk (volatility on return distribution) over the 90 days horizon. In different words, 70% of stocks are less volatile than Outback, and 92% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Outback Goldfields Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Outback Goldfields' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Outback Goldfields Corp, and traders can use it to determine the average amount a Outback Goldfields' 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 = 0.0557
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Estimated Market Risk
| 7.91 actual daily | 70 70% of assets are less volatile |
Expected Return
| 0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Outback Goldfields is performing at about 4% of its full potential. 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 Outback Goldfields by adding it to a well-diversified portfolio.
Outback Goldfields Fundamentals Growth
Outback Stock prices reflect investors' perceptions of the future prospects and financial health of Outback Goldfields, and Outback Goldfields 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 Outback Stock performance.
| Return On Equity | -0.59 | ||||
| Return On Asset | -0.37 | ||||
| Current Valuation | 10.4 M | ||||
| Shares Outstanding | 40.18 M | ||||
| Price To Book | 0.55 X | ||||
| EBITDA | (766.72 K) | ||||
| Net Income | (12.25 M) | ||||
| Total Debt | 139.71 K | ||||
| Book Value Per Share | 2.84 X | ||||
| Cash Flow From Operations | (900.44 K) | ||||
| Earnings Per Share | (0.14) X | ||||
| Market Capitalization | 13.26 M | ||||
| Total Asset | 15.11 M | ||||
| Retained Earnings | (18.55 M) | ||||
| Working Capital | 1.31 M | ||||
About Outback Goldfields Performance
Evaluating Outback Goldfields' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Outback Goldfields 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 Outback Goldfields 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 | 2.3 K | 2 K | |
| Return On Tangible Assets | (0.05) | (0.05) | |
| Return On Capital Employed | (0.05) | (0.05) | |
| Return On Assets | (0.05) | (0.05) | |
| Return On Equity | (0.05) | (0.05) |
Things to note about Outback Goldfields Corp performance evaluation
Checking the ongoing alerts about Outback Goldfields for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Outback Goldfields Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Outback Goldfields had very high historical volatility over the last 90 days | |
| Outback Goldfields has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (12.25 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Outback Goldfields generates negative cash flow from operations | |
| About 73.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Valkea Elects New Director, Eyes Finnish Growth - TipRanks |
- Analyzing Outback Goldfields' 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 Outback Goldfields' stock is overvalued or undervalued compared to its peers.
- Examining Outback Goldfields' 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 Outback Goldfields' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Outback Goldfields' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Outback Goldfields' stock. These opinions can provide insight into Outback Goldfields' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Outback Stock Analysis
When running Outback Goldfields' price analysis, check to measure Outback Goldfields' 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 Outback Goldfields is operating at the current time. Most of Outback Goldfields' value examination focuses on studying past and present price action to predict the probability of Outback Goldfields' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Outback Goldfields' price. Additionally, you may evaluate how the addition of Outback Goldfields to your portfolios can decrease your overall portfolio volatility.