GETCHELL OTC Stock Performance

GGLDF -  USA Stock  

USD 0.45  0.03  6.25%

GETCHELL GOLD has performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.8022, which attests to possible diversification benefits within a given portfolio. Let's try to break down what GETCHELL's beta means in this case. As returns on the market increase, GETCHELL GOLD returns are expected to increase less than the market. However, during the bear market, the loss on holding GETCHELL GOLD will be expected to be smaller as well. Although it is extremely important to respect GETCHELL GOLD CORP current price history, it is better to be realistic regarding the information on equity current price movements. The way of determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By examining GETCHELL GOLD CORP technical indicators, you can today evaluate if the expected return of 0.15% will be sustainable into the future. GETCHELL GOLD CORP now retains a risk of 4.07%. Please check out GETCHELL GOLD expected short fall, day median price, and the relationship between the potential upside and accumulation distribution to decide if GETCHELL GOLD will be following its current trending patterns.

GETCHELL O TC Stock Performance 

 
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 GETCHELL Performance
2 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in GETCHELL GOLD CORP are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of rather unfluctuating fundamental indicators, GETCHELL GOLD may actually be approaching a critical reversion point that can send shares even higher in November 2021. ...more

GETCHELL Price Channel

Quick Ratio21.96
Fifty Two Week Low0.2390
Fifty Two Week High0.6100

GETCHELL GOLD Relative Risk vs. Return Landscape

If you would invest  43.00  in GETCHELL GOLD CORP on July 20, 2021 and sell it today you would earn a total of  2.00  from holding GETCHELL GOLD CORP or generate 4.65% return on investment over 90 days. GETCHELL GOLD CORP is currently producing 0.149% returns and takes up 4.0657% volatility of returns over 90 trading days. Put another way, 34% of traded otc stocks are less volatile than GETCHELL, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon GETCHELL GOLD is expected to generate 5.65 times more return on investment than the market. However, the company is 5.65 times more volatile than its market benchmark. It trades about 0.04 of its potential returns per unit of risk. The DOW is currently generating roughly 0.05 per unit of risk.

GETCHELL GOLD Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for GETCHELL GOLD's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as GETCHELL GOLD CORP, and traders can use it to determine the average amount a GETCHELL 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 = 0.0366

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Estimated Market Risk
 4.07
  actual daily
 
 34 %
of total potential
 
3434
Expected Return
 0.15
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 2 %
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22
Risk-Adjusted Return
 0.04
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 2 %
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Based on monthly moving average GETCHELL GOLD is performing at about 2% 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 GETCHELL GOLD by adding it to a well-diversified portfolio.

About GETCHELL GOLD Performance

To evaluate GETCHELL GOLD CORP OTC 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 GETCHELL 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 GETCHELL OTC 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 GETCHELL GOLD CORP stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents GETCHELL'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.
Getchell Gold Corp., a junior resource exploration company, engages in the identification, acquisition, exploration, and development of precious and base metal resource properties in the United States. Its flagship property is Fondaway Canyon property that includes 170 unpatented lode claims located in the Churchill County, Nevada. GETCHELL GOLD operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.

Things to note about GETCHELL GOLD CORP

Checking the ongoing alerts about GETCHELL GOLD for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GETCHELL GOLD CORP help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

GETCHELL GOLD Alerts

Equity Alerts and Improvement Suggestions

GETCHELL GOLD CORP has some characteristics of a very speculative penny stock
GETCHELL GOLD CORP has very high historical volatility over the last 90 days
GETCHELL GOLD CORP has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (4.25 M).
GETCHELL GOLD CORP has accumulated about 1.89 M in cash with (3.45 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Please check Risk vs Return Analysis. Note that the GETCHELL GOLD CORP information on this page should be used as a complementary analysis to other GETCHELL GOLD'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for GETCHELL OTC Stock analysis

When running GETCHELL GOLD CORP price analysis, check to measure GETCHELL 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 GETCHELL GOLD is operating at the current time. Most of GETCHELL GOLD's value examination focuses on studying past and present price action to predict the probability of GETCHELL GOLD's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move GETCHELL GOLD's price. Additionally, you may evaluate how the addition of GETCHELL GOLD to your portfolios can decrease your overall portfolio volatility.
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The market value of GETCHELL GOLD CORP is measured differently than its book value, which is the value of GETCHELL that is recorded on the company's balance sheet. Investors also form their own opinion of GETCHELL GOLD's value that differs from its market value or its book value, called intrinsic value, which is GETCHELL GOLD'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 GETCHELL GOLD's market value can be influenced by many factors that don't directly affect GETCHELL GOLD CORP underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GETCHELL GOLD's value and its price as these two are different measures arrived at by different means. Investors typically determine GETCHELL GOLD value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GETCHELL GOLD'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.