Pasofino Gold Limited Stock Performance

VEIN Stock  CAD 0.37  0.01  2.78%   
The company holds a Beta of 0.5445, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pasofino Gold returns are expected to increase less than the market. However, during the bear market, the loss on holding Pasofino Gold will be expected to be smaller as well. Pasofino Gold Limited exposes fifteen different technical indicators, which can help you to evaluate its performance. Pasofino Gold Limited has an expected return of -0.0979%. Please make sure to check Pasofino Gold Limited mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Pasofino Gold Limited performance from the past will be repeated at some point in the near future.

Pasofino Performance

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Over the last 90 days Pasofino Gold Limited has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable forward indicators, Pasofino 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
Last Split Factor
Dividend Date
Last Split Date
Li3 Lithium Corp. Appoints Robert Metcalfe LL.B. to Board of Directors -
Begin Period Cash Flow1.9 M
Free Cash Flow-5.2 M

Pasofino Gold Relative Risk vs. Return Landscape

If you would invest  45.00  in Pasofino Gold Limited on September 5, 2023 and sell it today you would lose (8.00) from holding Pasofino Gold Limited or give up 17.78% of portfolio value over 90 days. Pasofino Gold Limited is producing return of less than zero assuming 6.5328% volatility of returns over the 90 days investment horizon. Simply put, 57% of all stocks have less volatile historical return distribution than Pasofino Gold, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Expected Return   
Assuming the 90 days trading horizon Pasofino Gold is expected to under-perform the market. In addition to that, the company is 8.43 times more volatile than its market benchmark. It trades about -0.01 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.04 per unit of volatility.

Pasofino Gold Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Pasofino Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Pasofino Gold Limited, and traders can use it to determine the average amount a Pasofino 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 = -0.015

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Estimated Market Risk

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57% of assets are less volatile

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Risk-Adjusted Return

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Based on monthly moving average Pasofino Gold is not performing at its full potential. However, 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 Pasofino Gold by adding Pasofino Gold to a well-diversified portfolio.

Pasofino Gold Fundamentals Growth

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

About Pasofino Gold Performance

To evaluate Pasofino Gold Limited 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 Pasofino 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 Pasofino 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 Pasofino Gold Limited market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Pasofino'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.
Enforcer Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. Enforcer Gold Corp. was incorporated in 2010 and is headquartered in Kelowna, Canada. ENFORCER GOLD operates under Gold classification in Canada and is traded on TSX Venture Exchange.

Things to note about Pasofino Gold Limited performance evaluation

Checking the ongoing alerts about Pasofino Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Pasofino Gold Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Pasofino Gold generated a negative expected return over the last 90 days
Pasofino Gold has high historical volatility and very poor performance
Pasofino Gold has some characteristics of a very speculative penny stock
Pasofino Gold has a very high chance of going through financial distress in the upcoming years
The company has a current ratio of 0.89, 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 Pasofino Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Pasofino Gold's 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 Pasofino Gold Limited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pasofino to invest in growth at high rates of return. When we think about Pasofino Gold's use of debt, we should always consider it together with cash and equity.
Net Loss for the year was (5.73 M) with profit before overhead, payroll, taxes, and interest of 0.
Pasofino Gold Limited has accumulated about 47.48 K in cash with (5.22 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Roughly 22.0% of the company outstanding shares are owned by insiders
Evaluating Pasofino Gold's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Pasofino Gold's stock performance include:
  • Analyzing Pasofino 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 Pasofino Gold's stock is overvalued or undervalued compared to its peers.
  • Examining Pasofino 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 Pasofino Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Pasofino Gold's management team can help you assess the company's leadership.
  • Pay attention to analyst opinions and ratings of Pasofino Gold's stock. These opinions can provide insight into Pasofino Gold's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Pasofino Gold's stock performance is not an exact science, and many factors can impact Pasofino Gold's 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Pasofino Gold Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Complementary Tools for Pasofino Stock analysis

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