Freegold Ventures Limited Stock Performance

FVL Stock  CAD 0.69  0.01  1.43%   
The firm shows a Beta (market volatility) of 0.77, which means possible diversification benefits within a given portfolio. As returns on the market increase, Freegold Ventures' returns are expected to increase less than the market. However, during the bear market, the loss of holding Freegold Ventures is expected to be smaller as well. At this point, Freegold Ventures has a negative expected return of -0.91%. Please make sure to confirm Freegold Ventures' information ratio and the relationship between the potential upside and period momentum indicator , to decide if Freegold Ventures performance from the past will be repeated at some point in the near future.

Risk-Adjusted Performance

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Over the last 90 days Freegold Ventures Limited has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's essential indicators remain very healthy which may send shares a bit higher in January 2025. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
Last Split Factor
1:4
Last Split Date
2002-09-04
1
Freegold Ventures Trading Down 3.8 percent - Whats Next - MarketBeat
12/04/2024
Begin Period Cash Flow693.24
  

Freegold Ventures Relative Risk vs. Return Landscape

If you would invest  128.00  in Freegold Ventures Limited on September 26, 2024 and sell it today you would lose (59.00) from holding Freegold Ventures Limited or give up 46.09% of portfolio value over 90 days. Freegold Ventures Limited is producing return of less than zero assuming 3.6507% volatility of returns over the 90 days investment horizon. Simply put, 32% of all stocks have less volatile historical return distribution than Freegold Ventures, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
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Assuming the 90 days trading horizon Freegold Ventures is expected to under-perform the market. In addition to that, the company is 4.51 times more volatile than its market benchmark. It trades about -0.25 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.06 per unit of volatility.

Freegold Ventures Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Freegold Ventures' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Freegold Ventures Limited, and traders can use it to determine the average amount a Freegold Ventures' 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 = -0.2492

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Negative ReturnsFVL

Estimated Market Risk

 3.65
  actual daily
32
68% of assets are more volatile

Expected Return

 -0.91
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.25
  actual daily
0
Most of other assets perform better
Based on monthly moving average Freegold Ventures 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 Freegold Ventures by adding Freegold Ventures to a well-diversified portfolio.

Freegold Ventures Fundamentals Growth

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

About Freegold Ventures Performance

By examining Freegold Ventures' fundamental ratios, stakeholders can obtain critical insights into Freegold Ventures' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Freegold Ventures is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 379.51  360.54 
Return On Tangible Assets(0.03)(0.04)
Return On Capital Employed(0.03)(0.03)
Return On Assets(0.03)(0.04)
Return On Equity(0.03)(0.04)

Things to note about Freegold Ventures performance evaluation

Checking the ongoing alerts about Freegold Ventures for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Freegold Ventures help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Freegold Ventures generated a negative expected return over the last 90 days
Freegold Ventures has some characteristics of a very speculative penny stock
Freegold Ventures has high historical volatility and very poor performance
Freegold Ventures has high likelihood to experience some financial distress in the next 2 years
Freegold Ventures Limited has accumulated 99.94 K in total debt with debt to equity ratio (D/E) of 0.3, which may suggest the company is not taking enough advantage from borrowing. Freegold Ventures has a current ratio of 0.66, 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 Freegold Ventures until it has trouble settling it off, either with new capital or with free cash flow. So, Freegold Ventures' 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 Freegold Ventures sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Freegold to invest in growth at high rates of return. When we think about Freegold Ventures' use of debt, we should always consider it together with cash and equity.
Net Loss for the year was (3.1 K) with profit before overhead, payroll, taxes, and interest of 0.
Freegold Ventures Limited has accumulated about 653.39 K in cash with (907) of positive cash flow from operations.
Roughly 28.0% of Freegold Ventures shares are held by company insiders
Latest headline from news.google.com: Freegold Ventures Trading Down 3.8 percent - Whats Next - MarketBeat
Evaluating Freegold Ventures' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Freegold Ventures' stock performance include:
  • Analyzing Freegold Ventures' 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 Freegold Ventures' stock is overvalued or undervalued compared to its peers.
  • Examining Freegold Ventures' 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 Freegold Ventures' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Freegold Ventures' management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Freegold Ventures' stock. These opinions can provide insight into Freegold Ventures' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Freegold Ventures' stock performance is not an exact science, and many factors can impact Freegold Ventures' stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in Freegold Stock

Freegold Ventures financial ratios help investors to determine whether Freegold Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Freegold with respect to the benefits of owning Freegold Ventures security.