Artemis Gold Stock Performance
| ARTG Stock | CAD 14.11 0.28 2.02% |
Artemis Gold has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.3, which signifies 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, Artemis Gold will likely underperform. Artemis Gold right now shows a risk of 3.05%. Please confirm Artemis Gold treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if Artemis Gold will be following its price patterns.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Artemis Gold are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unfluctuating basic indicators, Artemis Gold may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
1 | Artemis Gold Nears Completion of Blackwater Mine - TipRanks | 10/10/2024 |
2 | Artemis Gold Feeds First Ore through Commissioned Crushing Circuit at the Blackwater Mine - Yahoo Finance | 11/21/2024 |
| Begin Period Cash Flow | 194.1 M |
Artemis |
Artemis Gold Relative Risk vs. Return Landscape
If you would invest 1,333 in Artemis Gold on September 22, 2024 and sell it today you would earn a total of 78.00 from holding Artemis Gold or generate 5.85% return on investment over 90 days. Artemis Gold is generating 0.1348% of daily returns assuming 3.0494% volatility of returns over the 90 days investment horizon. Simply put, 27% of all stocks have less volatile historical return distribution than Artemis Gold, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Artemis Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Artemis Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Artemis Gold, and traders can use it to determine the average amount a Artemis 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 = 0.0442
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | ARTG | High Risk | Huge Risk |
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Estimated Market Risk
| 3.05 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Artemis 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 Artemis Gold by adding it to a well-diversified portfolio.
Artemis Gold Fundamentals Growth
Artemis Stock prices reflect investors' perceptions of the future prospects and financial health of Artemis Gold, and Artemis 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 Artemis Stock performance.
| Return On Equity | -0.0453 | ||||
| Return On Asset | -0.0089 | ||||
| Current Valuation | 3.63 B | ||||
| Shares Outstanding | 225.03 M | ||||
| Price To Earning | 5.46 X | ||||
| Price To Book | 5.22 X | ||||
| EBITDA | (13.31 M) | ||||
| Net Income | (11.45 M) | ||||
| Cash And Equivalents | 204.73 M | ||||
| Cash Per Share | 1.33 X | ||||
| Total Debt | 164.84 M | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 3.56 X | ||||
| Book Value Per Share | 2.65 X | ||||
| Cash Flow From Operations | (4.92 M) | ||||
| Earnings Per Share | (0.13) X | ||||
| Market Capitalization | 3.18 B | ||||
| Total Asset | 1.12 B | ||||
| Retained Earnings | (44.44 M) | ||||
| Working Capital | 109.78 M | ||||
About Artemis Gold Performance
Evaluating Artemis Gold's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Artemis 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 Artemis 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 | ||
| Days Of Inventory On Hand | -3 K | -3.2 K | |
| Return On Tangible Assets | (0.01) | (0.01) | |
| Return On Capital Employed | (0.01) | (0.01) | |
| Return On Assets | (0.01) | (0.01) | |
| Return On Equity | (0.02) | (0.02) |
Things to note about Artemis Gold performance evaluation
Checking the ongoing alerts about Artemis Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Artemis Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Artemis Gold had very high historical volatility over the last 90 days | |
| Net Loss for the year was (11.45 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Artemis Gold has accumulated about 204.73 M in cash with (4.92 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.33. | |
| Roughly 34.0% of the company shares are held by company insiders |
- Analyzing Artemis 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 Artemis Gold's stock is overvalued or undervalued compared to its peers.
- Examining Artemis 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 Artemis Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Artemis Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Artemis Gold's stock. These opinions can provide insight into Artemis Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Artemis Stock Analysis
When running Artemis Gold's price analysis, check to measure Artemis 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 Artemis Gold is operating at the current time. Most of Artemis Gold's value examination focuses on studying past and present price action to predict the probability of Artemis 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 Artemis Gold's price. Additionally, you may evaluate how the addition of Artemis Gold to your portfolios can decrease your overall portfolio volatility.