Precipitate Gold Corp Stock Performance
| PRG Stock | CAD 0.07 0.01 16.67% |
On a scale of 0 to 100, Precipitate Gold holds a performance score of 5. The company holds a Beta of 1.67, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Precipitate Gold will likely underperform. Please check Precipitate Gold's jensen alpha, semi variance, price action indicator, as well as the relationship between the maximum drawdown and daily balance of power , to make a quick decision on whether Precipitate Gold's historical price patterns will revert.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Precipitate Gold Corp are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Precipitate Gold showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Goldshore aims to raise 12.5 million for Moss gold deposit - Resource World Magazine | 10/02/2024 |
| Begin Period Cash Flow | 6.6 M |
Precipitate |
Precipitate Gold Relative Risk vs. Return Landscape
If you would invest 6.00 in Precipitate Gold Corp on September 2, 2024 and sell it today you would earn a total of 1.00 from holding Precipitate Gold Corp or generate 16.67% return on investment over 90 days. Precipitate Gold Corp is currently producing 0.5859% returns and takes up 8.4243% volatility of returns over 90 trading days. Put another way, 75% of traded stocks are less volatile than Precipitate, and 89% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Precipitate Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Precipitate Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Precipitate Gold Corp, and traders can use it to determine the average amount a Precipitate 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 = 0.0696
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | PRG | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 8.42 actual daily | 74 74% of assets are less volatile |
Expected Return
| 0.59 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Precipitate Gold is performing at about 5% 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 Precipitate Gold by adding it to a well-diversified portfolio.
Precipitate Gold Fundamentals Growth
Precipitate Stock prices reflect investors' perceptions of the future prospects and financial health of Precipitate Gold, and Precipitate 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 Precipitate Stock performance.
| Return On Equity | 0.15 | ||||
| Return On Asset | -0.0963 | ||||
| Current Valuation | 4.32 M | ||||
| Shares Outstanding | 130.37 M | ||||
| Price To Earning | (4.81) X | ||||
| Price To Book | 1.67 X | ||||
| Gross Profit | (6.41 K) | ||||
| EBITDA | (1.21 M) | ||||
| Net Income | 358.61 K | ||||
| Cash And Equivalents | 457.16 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 380.93 K | ||||
| Current Ratio | 18.77 X | ||||
| Book Value Per Share | 0.04 X | ||||
| Cash Flow From Operations | (1.2 M) | ||||
| Earnings Per Share | (0.02) X | ||||
| Market Capitalization | 9.13 M | ||||
| Total Asset | 6.42 M | ||||
| Retained Earnings | (15.37 M) | ||||
| Working Capital | 4.68 M | ||||
About Precipitate Gold Performance
Evaluating Precipitate Gold's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Precipitate 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 Precipitate 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.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.05 | 0.05 | |
| Return On Capital Employed | (0.21) | (0.22) | |
| Return On Assets | 0.05 | 0.05 | |
| Return On Equity | 0.05 | 0.06 |
Things to note about Precipitate Gold Corp performance evaluation
Checking the ongoing alerts about Precipitate Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Precipitate Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Precipitate Gold is way too risky over 90 days horizon | |
| Precipitate Gold has some characteristics of a very speculative penny stock | |
| Precipitate Gold appears to be risky and price may revert if volatility continues | |
| Precipitate Gold Corp has accumulated about 457.16 K in cash with (1.2 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 16.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Precipitate 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 Precipitate Gold's stock is overvalued or undervalued compared to its peers.
- Examining Precipitate 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 Precipitate Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Precipitate Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Precipitate Gold's stock. These opinions can provide insight into Precipitate Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Precipitate Stock Analysis
When running Precipitate Gold's price analysis, check to measure Precipitate 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 Precipitate Gold is operating at the current time. Most of Precipitate Gold's value examination focuses on studying past and present price action to predict the probability of Precipitate 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 Precipitate Gold's price. Additionally, you may evaluate how the addition of Precipitate Gold to your portfolios can decrease your overall portfolio volatility.