Golden Goliath Resources Stock Performance
| GNG Stock | CAD 0.04 0.01 20.00% |
Golden Goliath holds a performance score of 7 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -0.67, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Golden Goliath are expected to decrease at a much lower rate. During the bear market, Golden Goliath is likely to outperform the market. Use Golden Goliath Resources total risk alpha, expected short fall, period momentum indicator, as well as the relationship between the value at risk and rate of daily change , to analyze future returns on Golden Goliath Resources.
Risk-Adjusted Performance
7 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Golden Goliath Resources are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Golden Goliath showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:7 | Last Split Date 2023-06-05 |
1 | Golden Goliath Resources Enterprise Value C1.14 Mil - GuruFocus.com | 11/20/2024 |
| Begin Period Cash Flow | 137.5 K |
Golden |
Golden Goliath Relative Risk vs. Return Landscape
If you would invest 3.00 in Golden Goliath Resources on September 3, 2024 and sell it today you would earn a total of 1.00 from holding Golden Goliath Resources or generate 33.33% return on investment over 90 days. Golden Goliath Resources is currently producing 1.0417% returns and takes up 11.2354% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Golden, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Golden Goliath Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Golden Goliath's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Golden Goliath Resources, and traders can use it to determine the average amount a Golden Goliath'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 = 0.0927
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 11.24 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.04 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Golden Goliath is performing at about 7% 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 Golden Goliath by adding it to a well-diversified portfolio.
Golden Goliath Fundamentals Growth
Golden Stock prices reflect investors' perceptions of the future prospects and financial health of Golden Goliath, and Golden Goliath 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 Golden Stock performance.
| Return On Equity | -0.14 | |||
| Return On Asset | -0.0734 | |||
| Current Valuation | 1.01 M | |||
| Shares Outstanding | 25.45 M | |||
| Price To Earning | (5.00) X | |||
| Price To Book | 0.28 X | |||
| EBITDA | (513.73 K) | |||
| Net Income | (552.61 K) | |||
| Cash And Equivalents | 1.75 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 355.87 K | |||
| Debt To Equity | 0.11 % | |||
| Current Ratio | 18.50 X | |||
| Book Value Per Share | 0.14 X | |||
| Cash Flow From Operations | (281.92 K) | |||
| Earnings Per Share | (0.03) X | |||
| Market Capitalization | 1.02 M | |||
| Total Asset | 4.16 M | |||
| Retained Earnings | (30.42 M) | |||
| Working Capital | 102.91 K | |||
About Golden Goliath Performance
Evaluating Golden Goliath's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Golden Goliath 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 Golden Goliath 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 | ||
| Return On Tangible Assets | (0.12) | (0.13) | |
| Return On Capital Employed | (0.12) | (0.13) | |
| Return On Assets | (0.12) | (0.13) | |
| Return On Equity | (0.13) | (0.14) |
Things to note about Golden Goliath Resources performance evaluation
Checking the ongoing alerts about Golden Goliath for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Golden Goliath Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Golden Goliath is way too risky over 90 days horizon | |
| Golden Goliath has some characteristics of a very speculative penny stock | |
| Golden Goliath appears to be risky and price may revert if volatility continues | |
| Golden Goliath has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (552.61 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Golden Goliath Resources has accumulated about 1.75 M in cash with (281.92 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Latest headline from news.google.com: Golden Goliath Resources Enterprise Value C1.14 Mil - GuruFocus.com |
- Analyzing Golden Goliath'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 Golden Goliath's stock is overvalued or undervalued compared to its peers.
- Examining Golden Goliath'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 Golden Goliath's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Golden Goliath's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Golden Goliath's stock. These opinions can provide insight into Golden Goliath's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Golden Stock Analysis
When running Golden Goliath's price analysis, check to measure Golden Goliath'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 Golden Goliath is operating at the current time. Most of Golden Goliath's value examination focuses on studying past and present price action to predict the probability of Golden Goliath's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Goliath's price. Additionally, you may evaluate how the addition of Golden Goliath to your portfolios can decrease your overall portfolio volatility.