Freegold Ventures Limited Stock Performance
| FVL Stock | CAD 0.81 0.01 1.22% |
The firm shows a Beta (market volatility) of -0.45, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Freegold Ventures are expected to decrease at a much lower rate. During the bear market, Freegold Ventures is likely to outperform the market. At this point, Freegold Ventures has a negative expected return of -0.22%. Please make sure to confirm Freegold Ventures' downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to decide if Freegold 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 Freegold Ventures Limited has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's essential indicators remain very healthy which may send shares a bit higher in January 2025. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
Last Split Factor 1:4 | Last Split Date 2002-09-04 |
1 | Freegold Ventures Strikes High-Grade Gold at Golden Summit - TipRanks | 10/08/2024 |
| Begin Period Cash Flow | 693.24 |
Freegold |
Freegold Ventures Relative Risk vs. Return Landscape
If you would invest 98.00 in Freegold Ventures Limited on September 3, 2024 and sell it today you would lose (17.00) from holding Freegold Ventures Limited or give up 17.35% of portfolio value over 90 days. Freegold Ventures Limited is producing return of less than zero assuming 3.9148% volatility of returns over the 90 days investment horizon. Simply put, 34% of all stocks have less volatile historical return distribution than Freegold Ventures, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Freegold Ventures Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Freegold Ventures' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Freegold Ventures Limited, and traders can use it to determine the average amount a Freegold Ventures' 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 = -0.0566
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FVL |
Estimated Market Risk
| 3.91 actual daily | 34 66% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Freegold Ventures 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 Freegold Ventures by adding Freegold Ventures to a well-diversified portfolio.
Freegold Ventures Fundamentals Growth
Freegold Stock prices reflect investors' perceptions of the future prospects and financial health of Freegold Ventures, and Freegold Ventures 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 Freegold Stock performance.
| Return On Equity | -0.0115 | |||
| Return On Asset | -0.0068 | |||
| Current Valuation | 370.3 M | |||
| Shares Outstanding | 466.67 M | |||
| Price To Earning | (18.57) X | |||
| Price To Book | 2.69 X | |||
| EBITDA | (3.09 M) | |||
| Net Income | (3.1 K) | |||
| Cash And Equivalents | 653.39 K | |||
| Total Debt | 99.94 K | |||
| Debt To Equity | 0.30 % | |||
| Current Ratio | 0.67 X | |||
| Book Value Per Share | 0.22 X | |||
| Cash Flow From Operations | (907) | |||
| Market Capitalization | 378.01 M | |||
| Total Asset | 90.36 M | |||
| Retained Earnings | (73.22 M) | |||
| Working Capital | 337.53 K | |||
About Freegold Ventures Performance
By examining Freegold Ventures' fundamental ratios, stakeholders can obtain critical insights into Freegold Ventures' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Freegold Ventures is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 379.51 | 360.54 | |
| Return On Tangible Assets | (0.03) | (0.04) | |
| Return On Capital Employed | (0.03) | (0.03) | |
| Return On Assets | (0.03) | (0.04) | |
| Return On Equity | (0.03) | (0.04) |
Things to note about Freegold Ventures performance evaluation
Checking the ongoing alerts about Freegold Ventures for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Freegold Ventures help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Freegold Ventures generated a negative expected return over the last 90 days | |
| Freegold Ventures has some characteristics of a very speculative penny stock | |
| Freegold Ventures has high historical volatility and very poor performance | |
| Freegold Ventures has high likelihood to experience some financial distress in the next 2 years | |
| Freegold Ventures Limited has accumulated 99.94 K in total debt with debt to equity ratio (D/E) of 0.3, which may suggest the company is not taking enough advantage from borrowing. Freegold Ventures has a current ratio of 0.66, 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 Freegold Ventures until it has trouble settling it off, either with new capital or with free cash flow. So, Freegold Ventures' 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 Freegold Ventures sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Freegold to invest in growth at high rates of return. When we think about Freegold Ventures' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (3.1 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Freegold Ventures Limited has accumulated about 653.39 K in cash with (907) of positive cash flow from operations. | |
| Roughly 28.0% of Freegold Ventures shares are held by company insiders | |
| Latest headline from news.google.com: Liberty Gold Files Technical Report for Black Pine Gold Project in Idaho LGDTF Stock News - StockTitan |
- Analyzing Freegold Ventures' 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 Freegold Ventures' stock is overvalued or undervalued compared to its peers.
- Examining Freegold Ventures' 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 Freegold Ventures' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Freegold Ventures' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Freegold Ventures' stock. These opinions can provide insight into Freegold Ventures' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Freegold Stock
Freegold Ventures financial ratios help investors to determine whether Freegold Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Freegold with respect to the benefits of owning Freegold Ventures security.