Gold Road (Australia) Performance
| GOR Stock | 1.87 0.01 0.54% |
On a scale of 0 to 100, Gold Road holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of -0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Gold Road are expected to decrease at a much lower rate. During the bear market, Gold Road is likely to outperform the market. Please check Gold Road's jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to make a quick decision on whether Gold Road's current trending patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Gold Road Resources are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, Gold Road unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.008 | Payout Ratio 0.2316 | Forward Dividend Rate 0.02 | Ex Dividend Date 2024-08-29 |
1 | Gold Road Director Increases Shareholding - TipRanks | 10/01/2024 |
2 | Gold Road Resources 3-Year EBITDA Growth Rate 7.10 percent - GuruFocus.com | 11/22/2024 |
| Begin Period Cash Flow | 74.4 M |
Gold |
Gold Road Relative Risk vs. Return Landscape
If you would invest 164.00 in Gold Road Resources on September 2, 2024 and sell it today you would earn a total of 23.00 from holding Gold Road Resources or generate 14.02% return on investment over 90 days. Gold Road Resources is generating 0.2215% of daily returns assuming 2.1253% volatility of returns over the 90 days investment horizon. Simply put, 18% of all stocks have less volatile historical return distribution than Gold Road, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Gold Road Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gold Road's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Gold Road Resources, and traders can use it to determine the average amount a Gold Road'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 = 0.1042
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.13 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Gold Road is performing at about 8% 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 Gold Road by adding it to a well-diversified portfolio.
Gold Road Fundamentals Growth
Gold Stock prices reflect investors' perceptions of the future prospects and financial health of Gold Road, and Gold Road 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 Gold Stock performance.
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0821 | ||||
| Profit Margin | 0.23 % | ||||
| Operating Margin | 0.29 % | ||||
| Current Valuation | 2.07 B | ||||
| Shares Outstanding | 1.08 B | ||||
| Price To Book | 2.12 X | ||||
| Price To Sales | 4.45 X | ||||
| Revenue | 472.12 M | ||||
| Gross Profit | 148.4 M | ||||
| EBITDA | 250.44 M | ||||
| Net Income | 115.72 M | ||||
| Total Debt | 128.62 M | ||||
| Book Value Per Share | 0.88 X | ||||
| Cash Flow From Operations | 233.57 M | ||||
| Earnings Per Share | 0.09 X | ||||
| Total Asset | 1.18 B | ||||
| Retained Earnings | 385.31 M | ||||
About Gold Road Performance
Assessing Gold Road's fundamental ratios provides investors with valuable insights into Gold Road's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Gold Road 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.
Gold Road is entity of Australia. It is traded as Stock on AU exchange.Things to note about Gold Road Resources performance evaluation
Checking the ongoing alerts about Gold Road for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Gold Road Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Gold Road Resources may become a speculative penny stock | |
| Gold Road Resources is unlikely to experience financial distress in the next 2 years | |
| Latest headline from news.google.com: Gold Road Resources 3-Year EBITDA Growth Rate 7.10 percent - GuruFocus.com |
- Analyzing Gold Road'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 Gold Road's stock is overvalued or undervalued compared to its peers.
- Examining Gold Road'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 Gold Road's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Gold Road's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Gold Road's stock. These opinions can provide insight into Gold Road's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Gold Stock Analysis
When running Gold Road's price analysis, check to measure Gold Road'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 Gold Road is operating at the current time. Most of Gold Road's value examination focuses on studying past and present price action to predict the probability of Gold Road's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold Road's price. Additionally, you may evaluate how the addition of Gold Road to your portfolios can decrease your overall portfolio volatility.