Nevada King Gold Stock Performance
| NKG Stock | CAD 0.28 0.01 3.45% |
The company secures a Beta (Market Risk) of 0.48, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nevada King's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nevada King is expected to be smaller as well. At this point, Nevada King Gold has a negative expected return of -0.22%. Please make sure to verify Nevada King's value at risk, accumulation distribution, as well as the relationship between the Accumulation Distribution and day typical price , to decide if Nevada King Gold performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Nevada King Gold has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in January 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
Last Split Factor 2:3 | Dividend Date 2019-02-08 | Ex Dividend Date 2012-03-28 | Last Split Date 2019-02-08 |
1 | Nevada King Gold Corp. Announces 10M Share Offering - TipRanks | 10/23/2024 |
2 | Radio Fuels Energy Becomes Nevadas Largest Junior Gold Explorer in Major Merger Deal CKEFF Stock News - StockTitan | 11/20/2024 |
| Begin Period Cash Flow | 7.9 M | |
| Free Cash Flow | -27 M |
Nevada |
Nevada King Relative Risk vs. Return Landscape
If you would invest 34.00 in Nevada King Gold on September 4, 2024 and sell it today you would lose (6.00) from holding Nevada King Gold or give up 17.65% of portfolio value over 90 days. Nevada King Gold is currently producing negative expected returns and takes up 4.1318% volatility of returns over 90 trading days. Put another way, 36% of traded stocks are less volatile than Nevada, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nevada King Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nevada King's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nevada King Gold, and traders can use it to determine the average amount a Nevada King'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 = -0.053
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NKG |
Estimated Market Risk
| 4.13 actual daily | 36 64% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nevada King 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 Nevada King by adding Nevada King to a well-diversified portfolio.
Nevada King Fundamentals Growth
Nevada Stock prices reflect investors' perceptions of the future prospects and financial health of Nevada King, and Nevada King 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 Nevada Stock performance.
| Return On Equity | -0.63 | ||||
| Return On Asset | -0.39 | ||||
| Current Valuation | 105.39 M | ||||
| Shares Outstanding | 378.1 M | ||||
| Price To Book | 7.39 X | ||||
| EBITDA | (25.64 M) | ||||
| Net Income | (27.01 M) | ||||
| Cash And Equivalents | 987.7 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 755.27 K | ||||
| Current Ratio | 122.45 X | ||||
| Book Value Per Share | 0.10 X | ||||
| Cash Flow From Operations | (26.97 M) | ||||
| Earnings Per Share | (0.07) X | ||||
| Market Capitalization | 105.87 M | ||||
| Total Asset | 36.21 M | ||||
| Retained Earnings | (127.06 M) | ||||
| Working Capital | 4.88 M | ||||
About Nevada King Performance
Evaluating Nevada King's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nevada King 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 Nevada King 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 | (0.75) | (0.78) | |
| Return On Capital Employed | (0.77) | (0.80) | |
| Return On Assets | (0.75) | (0.78) | |
| Return On Equity | (0.76) | (0.80) |
Things to note about Nevada King Gold performance evaluation
Checking the ongoing alerts about Nevada King for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nevada King Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nevada King Gold generated a negative expected return over the last 90 days | |
| Nevada King Gold has some characteristics of a very speculative penny stock | |
| Nevada King Gold has high historical volatility and very poor performance | |
| Net Loss for the year was (27.01 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Nevada King Gold has accumulated about 987.7 K in cash with (26.97 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 36.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Radio Fuels Energy Becomes Nevadas Largest Junior Gold Explorer in Major Merger Deal CKEFF Stock News - StockTitan |
- Analyzing Nevada King'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 Nevada King's stock is overvalued or undervalued compared to its peers.
- Examining Nevada King'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 Nevada King's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nevada King's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nevada King's stock. These opinions can provide insight into Nevada King's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Nevada Stock Analysis
When running Nevada King's price analysis, check to measure Nevada King'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 Nevada King is operating at the current time. Most of Nevada King's value examination focuses on studying past and present price action to predict the probability of Nevada King's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nevada King's price. Additionally, you may evaluate how the addition of Nevada King to your portfolios can decrease your overall portfolio volatility.