Golden Star Acquisition Stock Performance
| GODNR Stock | 0.32 0.01 3.03% |
The company retains a Market Volatility (i.e., Beta) of -0.0747, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Golden Star are expected to decrease at a much lower rate. During the bear market, Golden Star is likely to outperform the market. At this point, Golden Star Acquisition has a negative expected return of -0.58%. Please make sure to check out Golden Star's maximum drawdown, as well as the relationship between the rate of daily change and relative strength index , to decide if Golden Star Acquisition 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 Golden Star Acquisition has generated negative risk-adjusted returns adding no value to investors with long positions. Even with unsteady performance in the last few months, the Stock's basic indicators remain relatively invariable which may send shares a bit higher in December 2024. The latest agitation may also be a sign of long-running up-swing for the enterprise retail investors. ...more
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Golden Star Relative Risk vs. Return Landscape
If you would invest 38.00 in Golden Star Acquisition on August 31, 2024 and sell it today you would lose (6.00) from holding Golden Star Acquisition or give up 15.79% of portfolio value over 90 days. Golden Star Acquisition is currently producing negative expected returns and takes up 4.6823% volatility of returns over 90 trading days. Put another way, 41% of traded stocks are less volatile than Golden, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Golden Star Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Golden Star's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Golden Star Acquisition, and traders can use it to determine the average amount a Golden Star'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 = -0.1246
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| Negative Returns | GODNR |
Estimated Market Risk
| 4.68 actual daily | 41 59% of assets are more volatile |
Expected Return
| -0.58 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Golden Star 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 Golden Star by adding Golden Star to a well-diversified portfolio.
Golden Star Fundamentals Growth
Golden Stock prices reflect investors' perceptions of the future prospects and financial health of Golden Star, and Golden Star 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 Asset | -0.0154 | ||||
| Book Value Per Share | (0.92) X |
About Golden Star Performance
Assessing Golden Star's fundamental ratios provides investors with valuable insights into Golden Star's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Golden Star is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about Golden Star Acquisition performance evaluation
Checking the ongoing alerts about Golden Star for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Golden Star Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Golden Star generated a negative expected return over the last 90 days | |
| Golden Star has some characteristics of a very speculative penny stock | |
| Golden Star has high historical volatility and very poor performance | |
| Golden Star has high likelihood to experience some financial distress in the next 2 years |
- Analyzing Golden Star'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 Star's stock is overvalued or undervalued compared to its peers.
- Examining Golden Star'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 Star's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Golden Star's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Golden Star's stock. These opinions can provide insight into Golden Star's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Golden Stock Analysis
When running Golden Star's price analysis, check to measure Golden Star'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 Star is operating at the current time. Most of Golden Star's value examination focuses on studying past and present price action to predict the probability of Golden Star'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 Star's price. Additionally, you may evaluate how the addition of Golden Star to your portfolios can decrease your overall portfolio volatility.