White Gold Corp Stock Performance
| WGO Stock | CAD 0.21 0.01 5.00% |
White Gold has a performance score of 1 on a scale of 0 to 100. The firm maintains a market beta of -0.0955, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning White Gold are expected to decrease at a much lower rate. During the bear market, White Gold is likely to outperform the market. White Gold Corp right now maintains a risk of 4.23%. Please check out White Gold Corp sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to decide if White Gold Corp will be following its historical returns.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in White Gold Corp are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable basic indicators, White Gold is not utilizing all of its potentials. The current stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Begin Period Cash Flow | 6.1 M |
White |
White Gold Relative Risk vs. Return Landscape
If you would invest 21.00 in White Gold Corp on December 21, 2024 and sell it today you would earn a total of 0.00 from holding White Gold Corp or generate 0.0% return on investment over 90 days. White Gold Corp is currently producing 0.0848% returns and takes up 4.2289% volatility of returns over 90 trading days. Put another way, 37% of traded stocks are less volatile than White, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
White Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for White Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as White Gold Corp, and traders can use it to determine the average amount a White 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 = 0.0201
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| Cash | Small Risk | Average Risk | WGO | Huge Risk |
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Estimated Market Risk
| 4.23 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average White Gold is performing at about 1% 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 White Gold by adding it to a well-diversified portfolio.
White Gold Fundamentals Growth
White Stock prices reflect investors' perceptions of the future prospects and financial health of White Gold, and White 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 White Stock performance.
| Return On Equity | -0.0134 | ||||
| Return On Asset | -0.0075 | ||||
| Current Valuation | 34.42 M | ||||
| Shares Outstanding | 176.34 M | ||||
| Price To Book | 0.30 X | ||||
| EBITDA | (2.09 M) | ||||
| Cash And Equivalents | 14.86 M | ||||
| Cash Per Share | 0.13 X | ||||
| Total Debt | 14.26 M | ||||
| Book Value Per Share | 0.67 X | ||||
| Cash Flow From Operations | (1.73 M) | ||||
| Earnings Per Share | (0.01) X | ||||
| Total Asset | 134.49 M | ||||
| Retained Earnings | (29.62 M) | ||||
About White Gold Performance
Evaluating White Gold's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if White 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 White 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.
White Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. White Gold Corp. was incorporated in 1987 and is headquartered in Toronto, Canada. WHITE GOLD operates under Gold classification in Canada and is traded on TSX Venture Exchange.Things to note about White Gold Corp performance evaluation
Checking the ongoing alerts about White Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for White Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| White Gold Corp has some characteristics of a very speculative penny stock | |
| White Gold Corp had very high historical volatility over the last 90 days | |
| White Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.22 M) with loss before overhead, payroll, taxes, and interest of (129.82 K). | |
| White Gold Corp has accumulated about 14.86 M in cash with (1.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13. | |
| Roughly 48.0% of the company outstanding shares are owned by insiders |
- Analyzing White 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 White Gold's stock is overvalued or undervalued compared to its peers.
- Examining White 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 White Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of White Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of White Gold's stock. These opinions can provide insight into White Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for White Stock Analysis
When running White Gold's price analysis, check to measure White 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 White Gold is operating at the current time. Most of White Gold's value examination focuses on studying past and present price action to predict the probability of White 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 White Gold's price. Additionally, you may evaluate how the addition of White Gold to your portfolios can decrease your overall portfolio volatility.