StrikePoint Gold (Germany) Performance
| NK6N Stock | EUR 0.1 0 1.55% |
The entity has a beta of 0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, StrikePoint Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding StrikePoint Gold is expected to be smaller as well. At this point, StrikePoint Gold has a negative expected return of -0.17%. Please make sure to validate StrikePoint Gold's skewness, daily balance of power, and the relationship between the potential upside and kurtosis , to decide if StrikePoint Gold 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 StrikePoint Gold has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's basic indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
| Begin Period Cash Flow | 6.2 M | |
| Total Cashflows From Investing Activities | 86.9 K |
StrikePoint |
StrikePoint Gold Relative Risk vs. Return Landscape
If you would invest 16.00 in StrikePoint Gold on September 17, 2024 and sell it today you would lose (6.45) from holding StrikePoint Gold or give up 40.31% of portfolio value over 90 days. StrikePoint Gold is producing return of less than zero assuming 11.122% volatility of returns over the 90 days investment horizon. Simply put, 99% of all stocks have less volatile historical return distribution than StrikePoint Gold, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
StrikePoint Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for StrikePoint Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as StrikePoint Gold, and traders can use it to determine the average amount a StrikePoint Gold'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 = -0.0157
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| Negative Returns | NK6N |
Estimated Market Risk
| 11.12 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average StrikePoint Gold 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 StrikePoint Gold by adding StrikePoint Gold to a well-diversified portfolio.
StrikePoint Gold Fundamentals Growth
StrikePoint Stock prices reflect investors' perceptions of the future prospects and financial health of StrikePoint Gold, and StrikePoint Gold 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 StrikePoint Stock performance.
| Return On Equity | -0.76 | |||
| Return On Asset | -0.42 | |||
| Current Valuation | 12.62 M | |||
| Shares Outstanding | 207.35 M | |||
| Price To Book | 6.78 X | |||
| EBITDA | (6.31 M) | |||
| Cash And Equivalents | 6.2 M | |||
| Cash Per Share | 0.03 X | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (5.32 M) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 6.27 M | |||
About StrikePoint Gold Performance
By analyzing StrikePoint Gold's fundamental ratios, stakeholders can gain valuable insights into StrikePoint Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if StrikePoint Gold 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 StrikePoint Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
StrikePoint Gold Inc., an exploration-stage Company, engages in the acquisition, exploration, and development of mineral properties in Canada. StrikePoint Gold Inc. was founded in 1982 and is headquartered in Vancouver, Canada. STRIKEPOINT GOLD operates under Other Industrial Metals Mining classification in Germany and is traded on Frankfurt Stock Exchange.Things to note about StrikePoint Gold performance evaluation
Checking the ongoing alerts about StrikePoint Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for StrikePoint Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| StrikePoint Gold generated a negative expected return over the last 90 days | |
| StrikePoint Gold has high historical volatility and very poor performance | |
| StrikePoint Gold has some characteristics of a very speculative penny stock | |
| StrikePoint Gold has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (5.25 M) with loss before overhead, payroll, taxes, and interest of (790 K). | |
| StrikePoint Gold has accumulated about 6.2 M in cash with (5.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 15.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing StrikePoint Gold'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 StrikePoint Gold's stock is overvalued or undervalued compared to its peers.
- Examining StrikePoint Gold'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 StrikePoint Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of StrikePoint Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of StrikePoint Gold's stock. These opinions can provide insight into StrikePoint Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for StrikePoint Stock analysis
When running StrikePoint Gold's price analysis, check to measure StrikePoint Gold'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 StrikePoint Gold is operating at the current time. Most of StrikePoint Gold's value examination focuses on studying past and present price action to predict the probability of StrikePoint Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move StrikePoint Gold's price. Additionally, you may evaluate how the addition of StrikePoint Gold to your portfolios can decrease your overall portfolio volatility.
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