Contango Ore Stock Performance
| CTGO Stock | USD 20.06 0.03 0.15% |
On a scale of 0 to 100, Contango ORE holds a performance score of 8. The firm shows a Beta (market volatility) of 1.32, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Contango ORE will likely underperform. Please check Contango ORE's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Contango ORE's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Contango ORE are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of very unsteady technical and fundamental indicators, Contango ORE displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (0.07) | Five Day Return (0.57) | Year To Date Return 12.21 | Ten Year Return 54.42 | All Time Return 234.58 |
1 | How To Trade - Stock Traders Daily.com | 02/29/2024 |
2 | Should You Buy Contango ORE Inc Stock on Wednesday - InvestorsObserver | 03/06/2024 |
3 | Disposition of 20000 shares by Joseph Compofelice of Contango ORE subject to Rule 16b-3 | 03/08/2024 |
4 | Learn to Evaluate using the Charts - Stock Traders Daily.com | 03/11/2024 |
5 | Contango ORE Unveils Non-GAAP Metrics in New Presentation - TipRanks.com - TipRanks | 03/15/2024 |
6 | Disposition of 1000 shares by Van Nieuwenhuyse Rick of Contango ORE at 21.0 subject to Rule 16b-3 | 03/21/2024 |
7 | Acquisition by Van Nieuwenhuyse Rick of tradable shares of Contango ORE at 22.1 subject to Rule 16b-3 | 03/25/2024 |
8 | Disposition of 200 shares by Richard Shortz of Contango ORE at 20.5 subject to Rule 16b-3 | 03/28/2024 |
9 | Contango Ore, Inc. CEO Nieuwenhuyse Rick Van Sells 6163 Shares - Defense World | 04/03/2024 |
10 | Disposition of 900 shares by Richard Shortz of Contango ORE at 20.59 subject to Rule 16b-3 | 04/05/2024 |
11 | Disposition of 2920 shares by Joseph Compofelice of Contango ORE at 20.6 subject to Rule 16b-3 | 04/09/2024 |
12 | Contango Ore, Inc. Sees Large Decline in Short Interest - Defense World | 04/18/2024 |
| Begin Period Cash Flow | 23.3 M | |
| Total Cashflows From Investing Activities | -21.1 M |
Contango |
Contango ORE Relative Risk vs. Return Landscape
If you would invest 1,572 in Contango ORE on January 26, 2024 and sell it today you would earn a total of 434.00 from holding Contango ORE or generate 27.61% return on investment over 90 days. Contango ORE is currently generating 0.486% in daily expected returns and assumes 4.3453% risk (volatility on return distribution) over the 90 days horizon. In different words, 38% of stocks are less volatile than Contango, and 91% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Contango ORE Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Contango ORE's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Contango ORE, and traders can use it to determine the average amount a Contango ORE'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 = 0.1118
| Best Portfolio | Best Equity | |||
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| Small Returns | CTGO | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.35 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.49 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Contango ORE is performing at about 8% 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 Contango ORE by adding it to a well-diversified portfolio.
Contango ORE Fundamentals Growth
Contango Stock prices reflect investors' perceptions of the future prospects and financial health of Contango ORE, and Contango ORE 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 Contango Stock performance.
| Return On Equity | -5.05 | |||
| Return On Asset | -0.21 | |||
| Current Valuation | 205.2 M | |||
| Shares Outstanding | 9.6 M | |||
| Price To Earning | 5.89 X | |||
| Price To Book | 4.66 X | |||
| EBITDA | (37.96 M) | |||
| Net Income | (39.74 M) | |||
| Cash And Equivalents | 23.1 M | |||
| Cash Per Share | 3.41 X | |||
| Total Debt | 25.46 M | |||
| Debt To Equity | 1.45 % | |||
| Current Ratio | 15.80 X | |||
| Book Value Per Share | 1.18 X | |||
| Cash Flow From Operations | (14.68 M) | |||
| Earnings Per Share | (7.04) X | |||
| Market Capitalization | 192.92 M | |||
| Total Asset | 25.66 M | |||
| Retained Earnings | (98.28 M) | |||
| Working Capital | 9.99 M | |||
| Current Asset | 2.01 M | |||
| Current Liabilities | 102.98 K | |||
About Contango ORE Performance
To evaluate Contango ORE Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Contango ORE generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Contango Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Contango ORE market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Contango's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.00 | 0.00 | |
| Return On Tangible Assets | (1.39) | (1.46) | |
| Return On Capital Employed | (0.39) | (0.41) | |
| Return On Assets | (1.39) | (1.46) | |
| Return On Equity | 5.61 | 5.89 |
Things to note about Contango ORE performance evaluation
Checking the ongoing alerts about Contango ORE for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Contango ORE help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Contango ORE had very high historical volatility over the last 90 days | |
| Contango ORE has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (39.74 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Contango ORE currently holds about 23.1 M in cash with (14.68 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.41. | |
| Contango ORE has a frail financial position based on the latest SEC disclosures | |
| Roughly 43.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Contango Ore, Inc. Sees Large Decline in Short Interest - Defense World |
- Analyzing Contango ORE'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 Contango ORE's stock is overvalued or undervalued compared to its peers.
- Examining Contango ORE'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 Contango ORE's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Contango ORE's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Contango ORE's stock. These opinions can provide insight into Contango ORE's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Contango ORE. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. To learn how to invest in Contango Stock, please use our How to Invest in Contango ORE guide.Note that the Contango ORE information on this page should be used as a complementary analysis to other Contango ORE's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Contango Stock analysis
When running Contango ORE's price analysis, check to measure Contango ORE'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 Contango ORE is operating at the current time. Most of Contango ORE's value examination focuses on studying past and present price action to predict the probability of Contango ORE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Contango ORE's price. Additionally, you may evaluate how the addition of Contango ORE to your portfolios can decrease your overall portfolio volatility.
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Is Contango ORE's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Contango ORE. If investors know Contango will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Contango ORE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (7.04) | Return On Assets (0.21) | Return On Equity (5.05) |
The market value of Contango ORE is measured differently than its book value, which is the value of Contango that is recorded on the company's balance sheet. Investors also form their own opinion of Contango ORE's value that differs from its market value or its book value, called intrinsic value, which is Contango ORE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Contango ORE's market value can be influenced by many factors that don't directly affect Contango ORE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Contango ORE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Contango ORE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Contango ORE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.