The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Nulegacy Gold are completely uncorrelated. Nulegacy Gold right now secures a risk of 0.0%. Please verify Nulegacy Gold rate of daily change , to decide if Nulegacy Gold will be following its current price movements.
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Over the last 90 days Nulegacy Gold has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Nulegacy Gold is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
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Nulegacy
Nulegacy Gold Relative Risk vs. Return Landscape
If you would invest 1.00 in Nulegacy Gold on October 9, 2024 and sell it today you would earn a total of 0.00 from holding Nulegacy Gold or generate 0.0% return on investment over 90 days. Nulegacy Gold is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded stocks are less volatile than Nulegacy, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
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Nulegacy Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nulegacy Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nulegacy Gold, and traders can use it to determine the average amount a Nulegacy 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 = 0.0
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Based on monthly moving average Nulegacy 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 Nulegacy Gold by adding Nulegacy Gold to a well-diversified portfolio.
Nulegacy Gold Fundamentals Growth
Nulegacy Stock prices reflect investors' perceptions of the future prospects and financial health of Nulegacy Gold, and Nulegacy 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 Nulegacy Stock performance.
Evaluating Nulegacy Gold's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nulegacy 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 Nulegacy Gold 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.
Things to note about Nulegacy Gold performance evaluation
Checking the ongoing alerts about Nulegacy Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nulegacy Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Nulegacy Gold generated a negative expected return over the last 90 days
Nulegacy Gold has some characteristics of a very speculative penny stock
Net Loss for the year was (1.46 M) with profit before overhead, payroll, taxes, and interest of 0.
Nulegacy Gold has accumulated about 6.19 M in cash with (1.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Evaluating Nulegacy Gold's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Nulegacy Gold's stock performance include:
Analyzing Nulegacy 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 Nulegacy Gold's stock is overvalued or undervalued compared to its peers.
Examining Nulegacy 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 Nulegacy Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nulegacy Gold's management team can help you assess the Company's leadership.
Pay attention to analyst opinions and ratings of Nulegacy Gold's stock. These opinions can provide insight into Nulegacy Gold's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Nulegacy Gold's stock performance is not an exact science, and many factors can impact Nulegacy Gold's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Additional Tools for Nulegacy Stock Analysis
When running Nulegacy Gold's price analysis, check to measure Nulegacy 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 Nulegacy Gold is operating at the current time. Most of Nulegacy Gold's value examination focuses on studying past and present price action to predict the probability of Nulegacy 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 Nulegacy Gold's price. Additionally, you may evaluate how the addition of Nulegacy Gold to your portfolios can decrease your overall portfolio volatility.