Provenance Gold Corp Stock Performance
| PVGDF Stock | USD 0.20 0.01 5.26% |
Provenance Gold holds a performance score of 11 on a scale of zero to a hundred. The company holds a Beta of 0.81, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Provenance Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Provenance Gold is expected to be smaller as well. Use Provenance Gold expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to analyze future returns on Provenance Gold.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Provenance Gold Corp are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak fundamental indicators, Provenance Gold reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 34.3 K |
Provenance |
Provenance Gold Relative Risk vs. Return Landscape
If you would invest 12.00 in Provenance Gold Corp on October 25, 2024 and sell it today you would earn a total of 8.00 from holding Provenance Gold Corp or generate 66.67% return on investment over 90 days. Provenance Gold Corp is currently producing 1.1714% returns and takes up 8.1974% volatility of returns over 90 trading days. Put another way, 73% of traded otc stocks are less volatile than Provenance, and 77% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Provenance Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Provenance Gold's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Provenance Gold Corp, and traders can use it to determine the average amount a Provenance 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 = 0.1429
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Estimated Market Risk
| 8.2 actual daily | 73 73% of assets are less volatile |
Expected Return
| 1.17 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Provenance Gold is performing at about 11% 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 Provenance Gold by adding it to a well-diversified portfolio.
Provenance Gold Fundamentals Growth
Provenance OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Provenance Gold, and Provenance 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 Provenance OTC Stock performance.
| Return On Equity | -0.23 | |||
| Return On Asset | -0.084 | |||
| Current Valuation | 4.92 M | |||
| Shares Outstanding | 79.55 M | |||
| Price To Book | 2.27 X | |||
| EBITDA | (882.1 K) | |||
| Cash And Equivalents | 763.92 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 47.5 K | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 0.04 X | |||
| Cash Flow From Operations | (807.07 K) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 2.98 M | |||
About Provenance Gold Performance
By analyzing Provenance Gold's fundamental ratios, stakeholders can gain valuable insights into Provenance Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Provenance 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 Provenance Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Provenance Gold Corp., a junior exploration company, engages in the identification, acquisition, and exploration of mineral interests in North America. Provenance Gold Corp. was incorporated in 2012 and is based in Vancouver, Canada. PROVENANCE GOLD is traded on OTC Exchange in the United States.Things to note about Provenance Gold Corp performance evaluation
Checking the ongoing alerts about Provenance Gold for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Provenance Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Provenance Gold Corp is way too risky over 90 days horizon | |
| Provenance Gold Corp has some characteristics of a very speculative penny stock | |
| Provenance Gold Corp appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (882.1 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Provenance Gold Corp has accumulated about 763.92 K in cash with (807.07 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 12.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Provenance 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 Provenance Gold's stock is overvalued or undervalued compared to its peers.
- Examining Provenance 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 Provenance Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Provenance Gold's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Provenance Gold's otc stock. These opinions can provide insight into Provenance Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Provenance OTC Stock analysis
When running Provenance Gold's price analysis, check to measure Provenance 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 Provenance Gold is operating at the current time. Most of Provenance Gold's value examination focuses on studying past and present price action to predict the probability of Provenance 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 Provenance Gold's price. Additionally, you may evaluate how the addition of Provenance Gold to your portfolios can decrease your overall portfolio volatility.
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