Gold79 Stock Performance

AUU Stock  CAD 0.03  0.01  25.00%   
The company retains a Market Volatility (i.e., Beta) of 0.9868, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Gold79's beta means in this case. Gold79 Mines returns are very sensitive to returns on the market. As the market goes up or down, Gold79 Mines is expected to follow. Even though it is essential to pay attention to Gold79 Mines current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Gold79 Mines exposes twenty-one different technical indicators, which can help you to evaluate its performance. Gold79 Mines has an expected return of -0.13%. Please make sure to check out Gold79 Mines information ratio, as well as the relationship between the value at risk and expected short fall to decide if Gold79 Mines performance from the past will be repeated at some point in the near future.

Gold79 Performance

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Over the last 90 days Gold79 Mines has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Stock's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the venture sophisticated investors. ...more

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Gold79 Mines Relative Risk vs. Return Landscape

If you would invest  4.00  in Gold79 Mines on March 8, 2023 and sell it today you would lose (1.00)  from holding Gold79 Mines or give up 25.0% of portfolio value over 90 days. Gold79 Mines is currently producing negative expected returns and takes up 8.1945% volatility of returns over 90 trading days. Put another way, 71% of traded stocks are less volatile than Gold79, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
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Assuming the 90 days horizon Gold79 Mines is expected to under-perform the market. In addition to that, the company is 8.8 times more volatile than its market benchmark. It trades about -0.02 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.0 per unit of volatility.

Gold79 Mines Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Gold79 Mines' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Gold79 Mines, and traders can use it to determine the average amount a Gold79 Mines' 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 = -0.0164

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Estimated Market Risk

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71% of assets are less volatile

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Based on monthly moving average Gold79 Mines is performing at about 0% 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 Gold79 Mines by adding it to a well-diversified portfolio.

Gold79 Mines Fundamentals Growth

Gold79 Stock prices reflect investors' perceptions of the future prospects and financial health of Gold79 Mines, and Gold79 Mines 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 Gold79 Stock performance.

About Gold79 Mines Performance

To evaluate Gold79 Mines 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 Gold79 Mines 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 Gold79 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 Gold79 Mines market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Gold79'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.
Aura Resources Inc. engages in the identification, acquisition, evaluation, and exploration of precious metal deposits in North America. The company was formerly known as Aura Silver Resources Inc. and changed its name to Aura Resources Inc. in November 2018. AURA RESOURCES is traded on TSX Venture Exchange in Canada.

Things to note about Gold79 Mines performance evaluation

Checking the ongoing alerts about Gold79 Mines for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Gold79 Mines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Gold79 Mines generated a negative expected return over the last 90 days
Gold79 Mines has high historical volatility and very poor performance
Gold79 Mines has some characteristics of a very speculative penny stock
Gold79 Mines has a very high chance of going through financial distress in the upcoming years
The company has a current ratio of 0.44, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Gold79 Mines until it has trouble settling it off, either with new capital or with free cash flow. So, Gold79 Mines' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Gold79 Mines sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gold79 to invest in growth at high rates of return. When we think about Gold79 Mines' use of debt, we should always consider it together with cash and equity.
Net Loss for the year was (504.35 K) with loss before overhead, payroll, taxes, and interest of (960).
Gold79 Mines has accumulated about 150.42 K in cash with (621.76 K) of positive cash flow from operations.
Roughly 13.0% of the company shares are held by company insiders
Latest headline from Gold79 amends terms of private placement financing - Seeking Alpha
Evaluating Gold79 Mines' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Gold79 Mines' stock performance include:
  • Analyzing Gold79 Mines' 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 Gold79 Mines' stock is overvalued or undervalued compared to its peers.
  • Examining Gold79 Mines' 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 Gold79 Mines' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Gold79 Mines' management team can help you assess the company's leadership.
  • Pay attention to analyst opinions and ratings of Gold79 Mines' stock. These opinions can provide insight into Gold79 Mines' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Gold79 Mines' stock performance is not an exact science, and many factors can impact Gold79 Mines' stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Gold79 Mines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for Gold79 Stock analysis

When running Gold79 Mines' price analysis, check to measure Gold79 Mines' 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 Gold79 Mines is operating at the current time. Most of Gold79 Mines' value examination focuses on studying past and present price action to predict the probability of Gold79 Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold79 Mines' price. Additionally, you may evaluate how the addition of Gold79 Mines to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Gold79 Mines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Gold79 Mines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gold79 Mines' 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.