Gomga Resources Stock Performance
| GOMRF Stock | USD 0.07 0.01 15.00% |
On a scale of 0 to 100, GoMgA Resources holds a performance score of 2. The company retains a Market Volatility (i.e., Beta) of 0.82, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, GoMgA Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding GoMgA Resources is expected to be smaller as well. Please check GoMgA Resources' treynor ratio, as well as the relationship between the daily balance of power and price action indicator , to make a quick decision on whether GoMgA Resources' current trending patterns will revert.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in GoMgA Resources are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, GoMgA Resources reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 3.4 M | |
| Total Cashflows From Investing Activities | -105 K |
GoMgA |
GoMgA Resources Relative Risk vs. Return Landscape
If you would invest 7.00 in GoMgA Resources on October 11, 2024 and sell it today you would lose (0.10) from holding GoMgA Resources or give up 1.43% of portfolio value over 90 days. GoMgA Resources is currently producing 0.2225% returns and takes up 7.1078% volatility of returns over 90 trading days. Put another way, 63% of traded otc stocks are less volatile than GoMgA, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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GoMgA Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for GoMgA Resources' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as GoMgA Resources, and traders can use it to determine the average amount a GoMgA Resources' 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 = 0.0313
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Estimated Market Risk
| 7.11 actual daily | 63 63% of assets are less volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average GoMgA Resources is performing at about 2% 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 GoMgA Resources by adding it to a well-diversified portfolio.
GoMgA Resources Fundamentals Growth
GoMgA OTC Stock prices reflect investors' perceptions of the future prospects and financial health of GoMgA Resources, and GoMgA Resources 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 GoMgA OTC Stock performance.
| Return On Equity | -0.4 | |||
| Return On Asset | -0.14 | |||
| Operating Margin | (5.37) % | |||
| Current Valuation | 12.65 M | |||
| Shares Outstanding | 141.77 M | |||
| Price To Earning | 148.20 X | |||
| Price To Book | 3.49 X | |||
| Price To Sales | 98.88 X | |||
| Revenue | 131.87 K | |||
| EBITDA | (1.28 M) | |||
| Cash And Equivalents | 5.08 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 71.63 K | |||
| Debt To Equity | 0.12 % | |||
| Book Value Per Share | 0.04 X | |||
| Cash Flow From Operations | (828.81 K) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 7.51 M | |||
About GoMgA Resources Performance
By analyzing GoMgA Resources' fundamental ratios, stakeholders can gain valuable insights into GoMgA Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if GoMgA Resources 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 GoMgA Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Geomega Resources Inc. engages in the acquisition, evaluation, and exploration of mining properties in Canada. The company was incorporated in 2008 and is based in Boucherville, Canada. Geomega Res is traded on OTC Exchange in the United States.Things to note about GoMgA Resources performance evaluation
Checking the ongoing alerts about GoMgA Resources for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for GoMgA Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| GoMgA Resources had very high historical volatility over the last 90 days | |
| GoMgA Resources has some characteristics of a very speculative penny stock | |
| GoMgA Resources has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 131.87 K. Net Loss for the year was (1.44 M) with profit before overhead, payroll, taxes, and interest of 131.87 K. | |
| GoMgA Resources has accumulated about 5.08 M in cash with (828.81 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. |
- Analyzing GoMgA Resources' 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 GoMgA Resources' stock is overvalued or undervalued compared to its peers.
- Examining GoMgA Resources' 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 GoMgA Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of GoMgA Resources' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of GoMgA Resources' otc stock. These opinions can provide insight into GoMgA Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for GoMgA OTC Stock analysis
When running GoMgA Resources' price analysis, check to measure GoMgA Resources' 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 GoMgA Resources is operating at the current time. Most of GoMgA Resources' value examination focuses on studying past and present price action to predict the probability of GoMgA Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoMgA Resources' price. Additionally, you may evaluate how the addition of GoMgA Resources to your portfolios can decrease your overall portfolio volatility.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |