Visible Gold Mines Stock Performance
| VGD Stock | CAD 0.09 0.01 6.25% |
On a scale of 0 to 100, Visible Gold holds a performance score of 3. The entity has a beta of -0.95, which indicates possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Visible Gold are expected to decrease slowly. On the other hand, during market turmoil, Visible Gold is expected to outperform it slightly. Please check Visible Gold's treynor ratio, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to make a quick decision on whether Visible Gold's existing price patterns will revert.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Visible Gold Mines are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unfluctuating basic indicators, Visible Gold showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:10 | Dividend Date 2017-04-26 | Last Split Date 2017-04-26 |
1 | TSX Consumer Discretionary Capped Index Quote - Press Release - The Globe and Mail | 11/08/2024 |
| Begin Period Cash Flow | 22.4 K | |
| Free Cash Flow | -125.3 K |
Visible |
Visible Gold Relative Risk vs. Return Landscape
If you would invest 8.00 in Visible Gold Mines on October 20, 2024 and sell it today you would earn a total of 0.50 from holding Visible Gold Mines or generate 6.25% return on investment over 90 days. Visible Gold Mines is currently producing 0.2504% returns and takes up 5.7514% volatility of returns over 90 trading days. Put another way, 51% of traded stocks are less volatile than Visible, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Visible Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Visible Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Visible Gold Mines, and traders can use it to determine the average amount a Visible 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 = 0.0435
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.75 actual daily | 51 51% of assets are less volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Visible Gold is performing at about 3% 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 Visible Gold by adding it to a well-diversified portfolio.
Visible Gold Fundamentals Growth
Visible Stock prices reflect investors' perceptions of the future prospects and financial health of Visible Gold, and Visible 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 Visible Stock performance.
| Return On Equity | -1.16 | ||||
| Return On Asset | -0.59 | ||||
| Current Valuation | 3.03 M | ||||
| Shares Outstanding | 37.16 M | ||||
| Price To Earning | (2.72) X | ||||
| Price To Book | 8.43 X | ||||
| EBITDA | (377.87 K) | ||||
| Net Income | (702.03 K) | ||||
| Cash And Equivalents | 303.26 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 17.09 K | ||||
| Current Ratio | 2.46 X | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | (125.34 K) | ||||
| Earnings Per Share | (0.02) X | ||||
| Market Capitalization | 3.16 M | ||||
| Total Asset | 233.86 K | ||||
| Retained Earnings | (29.89 M) | ||||
| Working Capital | (324.82 K) | ||||
About Visible Gold Performance
Evaluating Visible Gold's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Visible 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 Visible Gold 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 | ||
| Return On Tangible Assets | (1.29) | (1.23) | |
| Return On Capital Employed | (0.60) | (0.63) | |
| Return On Assets | (1.29) | (1.23) | |
| Return On Equity | (1.90) | (1.81) |
Things to note about Visible Gold Mines performance evaluation
Checking the ongoing alerts about Visible Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Visible Gold Mines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Visible Gold Mines had very high historical volatility over the last 90 days | |
| Visible Gold Mines has some characteristics of a very speculative penny stock | |
| Visible Gold Mines has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (702.03 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Visible Gold Mines has accumulated about 303.26 K in cash with (125.34 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 17.0% of the company outstanding shares are owned by insiders |
- Analyzing Visible 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 Visible Gold's stock is overvalued or undervalued compared to its peers.
- Examining Visible 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 Visible Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Visible Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Visible Gold's stock. These opinions can provide insight into Visible Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Visible Stock Analysis
When running Visible Gold's price analysis, check to measure Visible 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 Visible Gold is operating at the current time. Most of Visible Gold's value examination focuses on studying past and present price action to predict the probability of Visible 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 Visible Gold's price. Additionally, you may evaluate how the addition of Visible Gold to your portfolios can decrease your overall portfolio volatility.