Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Gold Road Resources Limited is 'Not Rated'. Macroaxis provides Gold Road buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ELKMF positions. The advice algorithm takes into account all of Gold Road Resources available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from ELKMF buy-and-hold prospective. Additionally see Investing Opportunities.
For the selected time horizon Gold Road Resources Limited has a risk adjusted performance of (0.0319), jensen alpha of (0.046501), total risk alpha of 0.1251, sortino ratio of 0.0 and treynor ratio of (0.34)We provide buy, hold, or sell suggestion to complement the regular expert consensus on Gold Road. Our dynamic recommendation engine utilizes multi - dimensional algorithm to analyze the organization potential to grow using all technical and fundamental data available at the time. To make sure Gold Road Resources Limited is not overpriced, please check out all Gold Road fundamentals including its Price to Sales, Book Value Per Share, Working Capital, as well as the relationship between Net Income and Beta . As Gold Road Resources appears to be a penny stock we also urge to confirm its Price to Earning numbers.
Gold Road Returns Distribution Density
|Mean Return||0.06||Value At Risk||2.8|
|Potential Upside||2.88||Standard Deviation||2.18|
Gold Road Market Momentum
|Gold Road Resources is not yet fully synchronised with the market data|
|Gold Road Resources generates negative expected return over the last 30 days|
|Gold Road Resources has some characteristics of a very speculative penny stock|
|The company reported revenue of 5.35M. Net Loss for the year was (3.67M) with profit before overhead, payroll, taxes, and interest of 2M.|
|GOLD ROAD RESOURC has accumulated about 118.77M in cash with (1.22M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14.|