Tnr Gold Corp Stock Performance
| TNR Stock | CAD 0.04 0.01 10.00% |
The entity has a beta of -0.37, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning TNR Gold are expected to decrease at a much lower rate. During the bear market, TNR Gold is likely to outperform the market. At this point, TNR Gold Corp has a negative expected return of -0.24%. Please make sure to validate TNR Gold's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if TNR Gold Corp performance from the past will be repeated at some future point.
Risk-Adjusted Performance
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Over the last 90 days TNR Gold Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in February 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
Last Split Factor 1:4 | Last Split Date 2003-06-25 |
1 | TNR Gold NSR Royalty Update - Los Azules Copper, Gold and Silver Project McEwen Copper Announces an Additional US35 Million Investment by Nuton, a Rio Tinto Ven... | 10/24/2024 |
2 | TNR Gold Anticipates Royalties from Mariana Lithium - TipRanks | 11/19/2024 |
| Begin Period Cash Flow | 233.4 K |
TNR |
TNR Gold Relative Risk vs. Return Landscape
If you would invest 5.50 in TNR Gold Corp on October 7, 2024 and sell it today you would lose (1.00) from holding TNR Gold Corp or give up 18.18% of portfolio value over 90 days. TNR Gold Corp is currently producing negative expected returns and takes up 4.1461% volatility of returns over 90 trading days. Put another way, 36% of traded stocks are less volatile than TNR, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
TNR Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TNR Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as TNR Gold Corp, and traders can use it to determine the average amount a TNR 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 = -0.0574
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| Negative Returns | TNR |
Estimated Market Risk
| 4.15 actual daily | 36 64% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TNR 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 TNR Gold by adding TNR Gold to a well-diversified portfolio.
TNR Gold Fundamentals Growth
TNR Stock prices reflect investors' perceptions of the future prospects and financial health of TNR Gold, and TNR 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 TNR Stock performance.
| Return On Equity | -1.46 | |||
| Return On Asset | -0.8 | |||
| Current Valuation | 15.49 M | |||
| Shares Outstanding | 190.06 M | |||
| Price To Earning | 8.33 X | |||
| Price To Book | 43.88 X | |||
| Gross Profit | (99.22 K) | |||
| EBITDA | (1.5 M) | |||
| Net Income | 7.89 M | |||
| Cash And Equivalents | 309.98 K | |||
| Total Debt | 35.3 K | |||
| Debt To Equity | 0.80 % | |||
| Current Ratio | 1.92 X | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (2.24 M) | |||
| Market Capitalization | 8.55 M | |||
| Total Asset | 642.19 K | |||
| Retained Earnings | (42.19 M) | |||
| Working Capital | 573.05 K | |||
About TNR Gold Performance
Evaluating TNR Gold's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if TNR 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 TNR 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 | 14.13 | 14.84 | |
| Return On Capital Employed | (2.07) | (1.96) | |
| Return On Assets | 14.13 | 14.84 | |
| Return On Equity | 11.70 | 12.29 |
Things to note about TNR Gold Corp performance evaluation
Checking the ongoing alerts about TNR Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for TNR Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| TNR Gold Corp generated a negative expected return over the last 90 days | |
| TNR Gold Corp has some characteristics of a very speculative penny stock | |
| TNR Gold Corp has high historical volatility and very poor performance | |
| TNR Gold Corp has accumulated about 309.98 K in cash with (2.24 M) of positive cash flow from operations. | |
| Roughly 15.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing TNR 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 TNR Gold's stock is overvalued or undervalued compared to its peers.
- Examining TNR 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 TNR Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of TNR Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of TNR Gold's stock. These opinions can provide insight into TNR Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for TNR Stock Analysis
When running TNR Gold's price analysis, check to measure TNR 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 TNR Gold is operating at the current time. Most of TNR Gold's value examination focuses on studying past and present price action to predict the probability of TNR 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 TNR Gold's price. Additionally, you may evaluate how the addition of TNR Gold to your portfolios can decrease your overall portfolio volatility.