Endurance Gold Corp Stock Performance
| EDG Stock | CAD 0.17 0.01 6.25% |
Endurance Gold has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 2.73, which means 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, Endurance Gold will likely underperform. Endurance Gold Corp right now shows a risk of 5.84%. Please confirm Endurance Gold Corp potential upside, day median price, and the relationship between the treynor ratio and accumulation distribution , to decide if Endurance Gold Corp will be following its price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Endurance 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, Endurance Gold is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
1 | A Gleaming Prospect Endurance Golds Reliance Project Shines at 2024 PDAC Core Shack - BNN Breaking | 02/26/2024 |
2 | Dollar General Q4 Earnings What To Expect - The Globe and Mail | 03/13/2024 |
3 | Closing Bell Endurance Gold Corp up on Tuesday - The Globe and Mail | 04/05/2024 |
4 | Gold Stock To Begin 2024 Exploration Research Report - Streetwise Reports | 04/15/2024 |
| Begin Period Cash Flow | 747.9 K |
Endurance |
Endurance Gold Relative Risk vs. Return Landscape
If you would invest 18.00 in Endurance Gold Corp on January 20, 2024 and sell it today you would lose (1.00) from holding Endurance Gold Corp or give up 5.56% of portfolio value over 90 days. Endurance Gold Corp is currently producing 0.08% returns and takes up 5.8445% volatility of returns over 90 trading days. Put another way, 51% of traded stocks are less volatile than Endurance, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Endurance Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Endurance Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Endurance Gold Corp, and traders can use it to determine the average amount a Endurance 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 = 0.0137
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| Cash | Small Risk | Average Risk | EDG | Huge Risk |
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Estimated Market Risk
| 5.84 actual daily | 51 51% of assets are less volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Endurance 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 Endurance Gold by adding it to a well-diversified portfolio.
Endurance Gold Fundamentals Growth
Endurance Stock prices reflect investors' perceptions of the future prospects and financial health of Endurance Gold, and Endurance 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 Endurance Stock performance.
| Return On Equity | -0.0748 | ||||
| Return On Asset | -0.0325 | ||||
| Current Valuation | 23.25 M | ||||
| Shares Outstanding | 150.14 M | ||||
| Price To Earning | 37.50 X | ||||
| Price To Book | 2.01 X | ||||
| EBITDA | (615.27 K) | ||||
| Net Income | (782.37 K) | ||||
| Cash And Equivalents | 3.77 M | ||||
| Cash Per Share | 0.03 X | ||||
| Current Ratio | 73.23 X | ||||
| Book Value Per Share | 0.08 X | ||||
| Cash Flow From Operations | (185.5 K) | ||||
| Earnings Per Share | (0.01) X | ||||
| Market Capitalization | 24.77 M | ||||
| Total Asset | 11.99 M | ||||
| Retained Earnings | (10.54 M) | ||||
| Working Capital | 4.51 M | ||||
About Endurance Gold Performance
To evaluate Endurance Gold Corp 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 Endurance Gold 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 Endurance 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 Endurance Gold Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Endurance'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 | (0.26) | (0.27) | |
| Return On Capital Employed | (0.09) | (0.09) | |
| Return On Assets | (0.26) | (0.27) | |
| Return On Equity | (0.26) | (0.28) |
Things to note about Endurance Gold Corp performance evaluation
Checking the ongoing alerts about Endurance Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Endurance Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Endurance Gold Corp had very high historical volatility over the last 90 days | |
| Endurance Gold Corp has some characteristics of a very speculative penny stock | |
| Endurance Gold Corp has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (782.37 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Endurance Gold Corp has accumulated about 3.77 M in cash with (185.5 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 55.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Gold Stock To Begin 2024 Exploration Research Report - Streetwise Reports |
- Analyzing Endurance 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 Endurance Gold's stock is overvalued or undervalued compared to its peers.
- Examining Endurance 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 Endurance Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Endurance Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Endurance Gold's stock. These opinions can provide insight into Endurance Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endurance Gold Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Endurance Stock analysis
When running Endurance Gold's price analysis, check to measure Endurance 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 Endurance Gold is operating at the current time. Most of Endurance Gold's value examination focuses on studying past and present price action to predict the probability of Endurance 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 Endurance Gold's price. Additionally, you may evaluate how the addition of Endurance Gold to your portfolios can decrease your overall portfolio volatility.
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