Alerio Gold Corp Stock Performance
| ALEEF Stock | USD 0.01 0.00 0.00% |
Alerio Gold holds a performance score of 12 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -8.12, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Alerio Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, Alerio Gold is expected to outperform it. Use Alerio Gold standard deviation and the relationship between the jensen alpha and day median price , to analyze future returns on Alerio Gold.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Alerio Gold Corp are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile technical and fundamental indicators, Alerio Gold reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.2 M | |
| Free Cash Flow | -2 M |
Alerio |
Alerio Gold Relative Risk vs. Return Landscape
If you would invest 0.99 in Alerio Gold Corp on October 26, 2024 and sell it today you would earn a total of 0.38 from holding Alerio Gold Corp or generate 38.38% return on investment over 90 days. Alerio Gold Corp is currently producing 6.4328% returns and takes up 39.9085% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Alerio, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Alerio Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alerio Gold's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Alerio Gold Corp, and traders can use it to determine the average amount a Alerio 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 = 0.1612
| Best Portfolio | Best Equity | ALEEF | ||
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Estimated Market Risk
| 39.91 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Alerio Gold is performing at about 12% 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 Alerio Gold by adding it to a well-diversified portfolio.
Alerio Gold Fundamentals Growth
Alerio Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Alerio Gold, and Alerio 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 Alerio Pink Sheet performance.
| Return On Equity | -0.12 | |||
| Return On Asset | -0.0702 | |||
| Current Valuation | 3.91 M | |||
| Shares Outstanding | 101.23 M | |||
| Price To Book | 14.29 X | |||
| EBITDA | (1.04 M) | |||
| Cash And Equivalents | 255.57 K | |||
| Book Value Per Share | 0.16 X | |||
| Cash Flow From Operations | (1.07 M) | |||
| Total Asset | 16.11 M | |||
About Alerio Gold Performance
By analyzing Alerio Gold's fundamental ratios, stakeholders can gain valuable insights into Alerio Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Alerio 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 Alerio Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Alerio Gold Corp., a mineral exploration and development company, engages in the acquisition, exploration, and development of natural resource properties in South America. Its principal property is the Tassawini property covering 3,413 acres located to the northwest of Georgetown, Guyana. Alerio Gold is traded on OTC Exchange in the United States.Things to note about Alerio Gold Corp performance evaluation
Checking the ongoing alerts about Alerio Gold for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Alerio Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Alerio Gold Corp is way too risky over 90 days horizon | |
| Alerio Gold Corp has some characteristics of a very speculative penny stock | |
| Alerio Gold Corp appears to be risky and price may revert if volatility continues | |
| Alerio Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.04 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Alerio Gold Corp has accumulated about 255.57 K in cash with (1.07 M) of positive cash flow from operations. | |
| Roughly 71.0% of the company shares are held by company insiders |
- Analyzing Alerio 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 Alerio Gold's stock is overvalued or undervalued compared to its peers.
- Examining Alerio 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 Alerio Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Alerio Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Alerio Gold's pink sheet. These opinions can provide insight into Alerio Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Alerio Pink Sheet analysis
When running Alerio Gold's price analysis, check to measure Alerio 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 Alerio Gold is operating at the current time. Most of Alerio Gold's value examination focuses on studying past and present price action to predict the probability of Alerio 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 Alerio Gold's price. Additionally, you may evaluate how the addition of Alerio Gold to your portfolios can decrease your overall portfolio volatility.
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