Athena Gold Corp Stock Performance
| AHNR Stock | USD 0.04 0 10.50% |
Athena Gold holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Athena Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Athena Gold is expected to be smaller as well. Use Athena Gold jensen alpha and the relationship between the value at risk and day typical price , to analyze future returns on Athena Gold.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Athena Gold Corp are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Even with relatively fragile basic indicators, Athena Gold reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 8986.00 |
Athena |
Athena Gold Relative Risk vs. Return Landscape
If you would invest 3.00 in Athena Gold Corp on August 31, 2024 and sell it today you would earn a total of 1.00 from holding Athena Gold Corp or generate 33.33% return on investment over 90 days. Athena Gold Corp is currently generating 1.9089% in daily expected returns and assumes 17.6923% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Athena, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Athena Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Athena Gold's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Athena Gold Corp, and traders can use it to determine the average amount a Athena 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 = 0.1079
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Estimated Market Risk
| 17.69 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.91 actual daily | 38 62% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Athena Gold is performing at about 8% 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 Athena Gold by adding it to a well-diversified portfolio.
Athena Gold Fundamentals Growth
Athena OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Athena Gold, and Athena 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 Athena OTC Stock performance.
| Return On Equity | -0.17 | |||
| Return On Asset | -0.19 | |||
| Current Valuation | 7.26 M | |||
| Shares Outstanding | 136.09 M | |||
| Price To Earning | (9.50) X | |||
| Price To Book | 1.36 X | |||
| EBITDA | (1.02 M) | |||
| Cash And Equivalents | 31.46 K | |||
| Total Debt | 26.1 K | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 0.04 X | |||
| Cash Flow From Operations | (656.64 K) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 6.12 M | |||
| Retained Earnings | (6.8 M) | |||
| Current Asset | 3 K | |||
| Current Liabilities | 2.12 M | |||
About Athena Gold Performance
Assessing Athena Gold's fundamental ratios provides investors with valuable insights into Athena Gold's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Athena Gold is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Athena Gold Corporation, an exploration stage company, engages in the acquisition and exploration of mineral resources in the United States. Athena Gold Corporation was incorporated in 2003 and is based in Vacaville, California. ATHENA GOLD operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Athena Gold Corp performance evaluation
Checking the ongoing alerts about Athena Gold for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Athena Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Athena Gold Corp is way too risky over 90 days horizon | |
| Athena Gold Corp has some characteristics of a very speculative penny stock | |
| Athena Gold Corp appears to be risky and price may revert if volatility continues | |
| Athena Gold Corp currently holds 26.1 K in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Athena Gold Corp has a current ratio of 0.84, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Athena Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Athena Gold'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 Athena Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Athena to invest in growth at high rates of return. When we think about Athena Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.03 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Athena Gold Corp currently holds about 31.46 K in cash with (656.64 K) of positive cash flow from operations. | |
| Roughly 75.0% of Athena Gold shares are held by company insiders |
- Analyzing Athena 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 Athena Gold's stock is overvalued or undervalued compared to its peers.
- Examining Athena 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 Athena Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Athena Gold's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Athena Gold's otc stock. These opinions can provide insight into Athena Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Athena OTC Stock Analysis
When running Athena Gold's price analysis, check to measure Athena 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 Athena Gold is operating at the current time. Most of Athena Gold's value examination focuses on studying past and present price action to predict the probability of Athena 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 Athena Gold's price. Additionally, you may evaluate how the addition of Athena Gold to your portfolios can decrease your overall portfolio volatility.