Tonogold Resources Stock Performance
| TNGL Stock | USD 0.02 0 14.29% |
Tonogold Resources holds a performance score of 6 on a scale of zero to a hundred. The entity has a beta of -1.68, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Tonogold Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Tonogold Resources is expected to outperform it. Use Tonogold Resources value at risk, as well as the relationship between the skewness and day median price , to analyze future returns on Tonogold Resources.
Risk-Adjusted Performance
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Tonogold Resources are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite quite unfluctuating technical and fundamental indicators, Tonogold Resources disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Total Cashflows From Investing Activities | -3.2 M |
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Tonogold Resources Relative Risk vs. Return Landscape
If you would invest 1.46 in Tonogold Resources on October 9, 2024 and sell it today you would earn a total of 0.14 from holding Tonogold Resources or generate 9.59% return on investment over 90 days. Tonogold Resources is currently generating 1.2043% in daily expected returns and assumes 15.0616% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Tonogold, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Tonogold Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tonogold Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Tonogold Resources, and traders can use it to determine the average amount a Tonogold Resources' 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 = 0.08
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Estimated Market Risk
| 15.06 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.2 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Tonogold Resources is performing at about 6% 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 Tonogold Resources by adding it to a well-diversified portfolio.
Tonogold Resources Fundamentals Growth
Tonogold Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Tonogold Resources, and Tonogold Resources 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 Tonogold Pink Sheet performance.
| Return On Equity | -0.49 | |||
| Return On Asset | -0.0526 | |||
| Current Valuation | 60.8 M | |||
| Shares Outstanding | 345.5 M | |||
| Price To Earning | (3.57) X | |||
| EBITDA | (1.58 M) | |||
| Cash And Equivalents | 4.4 K | |||
| Total Debt | 11.51 M | |||
| Debt To Equity | 1.33 % | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | (47.77 K) | |||
| Earnings Per Share | (0.02) X | |||
| Total Asset | 210 K | |||
| Retained Earnings | (15.44 M) | |||
| Current Asset | 2 K | |||
| Current Liabilities | 1.6 M |
About Tonogold Resources Performance
By examining Tonogold Resources' fundamental ratios, stakeholders can obtain critical insights into Tonogold Resources' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Tonogold Resources is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Tonogold Resources, Inc., a junior mining company, focuses on developing and maintaining mining leases on properties in Nevada. Tonogold Resources, Inc. based in Woodland hills, California. Tonogold Res operates under Gold classification in the United States and is traded on OTC Exchange.Things to note about Tonogold Resources performance evaluation
Checking the ongoing alerts about Tonogold Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Tonogold Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tonogold Resources is way too risky over 90 days horizon | |
| Tonogold Resources has some characteristics of a very speculative penny stock | |
| Tonogold Resources appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (4.82 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Tonogold Resources currently holds about 4.4 K in cash with (47.77 K) of positive cash flow from operations. |
- Analyzing Tonogold Resources' 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 Tonogold Resources' stock is overvalued or undervalued compared to its peers.
- Examining Tonogold Resources' 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 Tonogold Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tonogold Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tonogold Resources' pink sheet. These opinions can provide insight into Tonogold Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Tonogold Pink Sheet
Tonogold Resources financial ratios help investors to determine whether Tonogold Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tonogold with respect to the benefits of owning Tonogold Resources security.