Desert Gold Ventures Stock Performance
| DAU Stock | CAD 0.07 0.01 12.50% |
The firm shows a Beta (market volatility) of -0.55, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Desert Gold are expected to decrease at a much lower rate. During the bear market, Desert Gold is likely to outperform the market. At this point, Desert Gold Ventures has a negative expected return of -0.0558%. Please make sure to confirm Desert Gold's jensen alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Desert Gold Ventures performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Desert Gold Ventures has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Desert Gold is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
Last Split Factor 1:10 | Last Split Date 2015-07-24 |
1 | Barrick, Newmont, Desert Gold the opportunity for gold 2024-10-29 Investing News - Stockhouse Publishing | 10/29/2024 |
2 | Profitable drilling stock adds value with new acquisition - MSN | 11/05/2024 |
| Begin Period Cash Flow | 1.2 M |
Desert |
Desert Gold Relative Risk vs. Return Landscape
If you would invest 8.00 in Desert Gold Ventures on September 3, 2024 and sell it today you would lose (1.00) from holding Desert Gold Ventures or give up 12.5% of portfolio value over 90 days. Desert Gold Ventures is currently producing negative expected returns and takes up 5.5745% volatility of returns over 90 trading days. Put another way, 49% of traded stocks are less volatile than Desert, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Desert Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Desert Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Desert Gold Ventures, and traders can use it to determine the average amount a Desert 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 = -0.01
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| Negative Returns | DAU |
Estimated Market Risk
| 5.57 actual daily | 49 51% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Desert Gold is not performing at its full potential. However, 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 Desert Gold by adding Desert Gold to a well-diversified portfolio.
Desert Gold Fundamentals Growth
Desert Stock prices reflect investors' perceptions of the future prospects and financial health of Desert Gold, and Desert 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 Desert Stock performance.
| Return On Equity | -4.56 | |||
| Return On Asset | -1.58 | |||
| Current Valuation | 15.68 M | |||
| Shares Outstanding | 224.92 M | |||
| Price To Earning | (7.27) X | |||
| Price To Book | 46.09 X | |||
| EBITDA | (975.89 K) | |||
| Net Income | (984.93 K) | |||
| Cash And Equivalents | 44 K | |||
| Total Debt | 124.11 K | |||
| Debt To Equity | 466.60 % | |||
| Current Ratio | 0.46 X | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (1.23 M) | |||
| Earnings Per Share | (0.02) X | |||
| Market Capitalization | 15.74 M | |||
| Total Asset | 299.08 K | |||
| Retained Earnings | (55.63 M) | |||
| Working Capital | 173.69 K | |||
About Desert Gold Performance
Evaluating Desert Gold's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Desert 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 Desert 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 | 766.79 | 805.13 | |
| Return On Tangible Assets | (3.29) | (3.46) | |
| Return On Capital Employed | (5.58) | (5.30) | |
| Return On Assets | (3.29) | (3.46) | |
| Return On Equity | (5.63) | (5.35) |
Things to note about Desert Gold Ventures performance evaluation
Checking the ongoing alerts about Desert Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Desert Gold Ventures help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Desert Gold Ventures generated a negative expected return over the last 90 days | |
| Desert Gold Ventures has high historical volatility and very poor performance | |
| Desert Gold Ventures has some characteristics of a very speculative penny stock | |
| Desert Gold Ventures has high likelihood to experience some financial distress in the next 2 years | |
| Desert Gold Ventures has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Desert Gold Ventures has accumulated 124.11 K in total debt with debt to equity ratio (D/E) of 466.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Desert Gold Ventures has a current ratio of 0.45, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Desert Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Desert 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 Desert Gold Ventures sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Desert to invest in growth at high rates of return. When we think about Desert Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (984.93 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Desert Gold Ventures has accumulated about 44 K in cash with (1.23 M) of positive cash flow from operations. | |
| Latest headline from news.google.com: Profitable drilling stock adds value with new acquisition - MSN |
- Analyzing Desert 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 Desert Gold's stock is overvalued or undervalued compared to its peers.
- Examining Desert 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 Desert Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Desert Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Desert Gold's stock. These opinions can provide insight into Desert Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Desert Stock Analysis
When running Desert Gold's price analysis, check to measure Desert 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 Desert Gold is operating at the current time. Most of Desert Gold's value examination focuses on studying past and present price action to predict the probability of Desert 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 Desert Gold's price. Additionally, you may evaluate how the addition of Desert Gold to your portfolios can decrease your overall portfolio volatility.