Nexus Gold Corp Stock Performance
| NXS Stock | CAD 0.01 0.01 200.00% |
Nexus Gold holds a performance score of 7 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -2.88, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Nexus Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, Nexus Gold is expected to outperform it. Use Nexus Gold Corp semi variance, as well as the relationship between the daily balance of power and price action indicator , to analyze future returns on Nexus Gold Corp.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Nexus Gold Corp are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Nexus Gold showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 30.1 K |
Nexus |
Nexus Gold Relative Risk vs. Return Landscape
If you would invest 1.50 in Nexus Gold Corp on October 8, 2024 and sell it today you would earn a total of 0.00 from holding Nexus Gold Corp or generate 0.0% return on investment over 90 days. Nexus Gold Corp is currently producing 3.0055% returns and takes up 30.9582% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Nexus, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nexus Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nexus Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nexus Gold Corp, and traders can use it to determine the average amount a Nexus 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 = 0.0971
| Best Portfolio | Best Equity | |||
| Good Returns | NXS | |||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 30.96 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.01 actual daily | 60 60% of assets have lower returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Nexus Gold is performing at about 7% 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 Nexus Gold by adding it to a well-diversified portfolio.
Nexus Gold Fundamentals Growth
Nexus Stock prices reflect investors' perceptions of the future prospects and financial health of Nexus Gold, and Nexus 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 Nexus Stock performance.
| Return On Equity | -13.07 | ||||
| Return On Asset | -0.18 | ||||
| Current Valuation | 1.23 M | ||||
| Shares Outstanding | 48.07 M | ||||
| Price To Earning | (1.70) X | ||||
| Price To Book | 249.89 X | ||||
| EBITDA | (887.92 K) | ||||
| Cash And Equivalents | 712.89 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 707.56 K | ||||
| Debt To Equity | 4.40 % | ||||
| Book Value Per Share | (0.01) X | ||||
| Cash Flow From Operations | (467.62 K) | ||||
| Earnings Per Share | (0.02) X | ||||
| Total Asset | 1.56 M | ||||
| Retained Earnings | (31.88 M) | ||||
About Nexus Gold Performance
Evaluating Nexus Gold's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nexus 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 Nexus 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.
Nexus Gold Corp., a mineral exploration company, explores for mineral properties in West Africa and Canada. In addition, it holds interest in the Black Ridge Gold Project and the Bauline Epithermal Gold Project located in Newfoundland, Canada. NEXUS GOLD operates under Gold classification in Canada and is traded on TSX Venture Exchange.Things to note about Nexus Gold Corp performance evaluation
Checking the ongoing alerts about Nexus Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nexus Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nexus Gold Corp is way too risky over 90 days horizon | |
| Nexus Gold Corp has some characteristics of a very speculative penny stock | |
| Nexus Gold Corp appears to be risky and price may revert if volatility continues | |
| Nexus Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.12 M) with loss before overhead, payroll, taxes, and interest of (75.77 K). | |
| Nexus Gold Corp has accumulated about 712.89 K in cash with (467.62 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
- Analyzing Nexus 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 Nexus Gold's stock is overvalued or undervalued compared to its peers.
- Examining Nexus 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 Nexus Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nexus Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nexus Gold's stock. These opinions can provide insight into Nexus Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Nexus Stock Analysis
When running Nexus Gold's price analysis, check to measure Nexus 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 Nexus Gold is operating at the current time. Most of Nexus Gold's value examination focuses on studying past and present price action to predict the probability of Nexus 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 Nexus Gold's price. Additionally, you may evaluate how the addition of Nexus Gold to your portfolios can decrease your overall portfolio volatility.