Joshua Gold Resources Stock Performance
| JSHG Stock | USD 0.01 0 11.11% |
The company retains a Market Volatility (i.e., Beta) of 2.28, which attests to 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, Joshua Gold will likely underperform. At this point, Joshua Gold Resources has a negative expected return of -0.51%. Please make sure to check out Joshua Gold's maximum drawdown and the relationship between the semi variance and price action indicator , to decide if Joshua Gold Resources 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 Joshua Gold Resources has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's technical indicators remain nearly stable which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 3716.00 |
Joshua |
Joshua Gold Relative Risk vs. Return Landscape
If you would invest 2.00 in Joshua Gold Resources on September 15, 2024 and sell it today you would lose (1.00) from holding Joshua Gold Resources or give up 50.0% of portfolio value over 90 days. Joshua Gold Resources is currently does not generate positive expected returns and assumes 10.425% risk (volatility on return distribution) over the 90 days horizon. In different words, 92% of pink sheets are less volatile than Joshua, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Joshua Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Joshua Gold's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Joshua Gold Resources, and traders can use it to determine the average amount a Joshua 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 = -0.0485
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| Negative Returns | JSHG |
Estimated Market Risk
| 10.43 actual daily | 92 92% of assets are less volatile |
Expected Return
| -0.51 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Joshua 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 Joshua Gold by adding Joshua Gold to a well-diversified portfolio.
Joshua Gold Fundamentals Growth
Joshua Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Joshua Gold, and Joshua 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 Joshua Pink Sheet performance.
| Return On Asset | -2.03 | |||
| Current Valuation | 4.17 M | |||
| Shares Outstanding | 155.51 M | |||
| Price To Earning | (7.41) X | |||
| Price To Book | 27.09 X | |||
| Price To Sales | 352.88 X | |||
| EBITDA | (976.68 K) | |||
| Cash And Equivalents | 3.08 K | |||
| Total Debt | 130.84 K | |||
| Debt To Equity | 0.91 % | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (65.4 K) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 110.19 K | |||
| Retained Earnings | (3.43 M) | |||
| Current Asset | 22 K | |||
| Current Liabilities | 1.37 M | |||
About Joshua Gold Performance
By analyzing Joshua Gold's fundamental ratios, stakeholders can gain valuable insights into Joshua Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Joshua Gold has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Joshua Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Joshua Gold Resources Inc. engages in the acquisition, exploration, and development of mineral properties. Joshua Gold Resources Inc. was incorporated in 2009 and is headquartered in Woodstock, Canada. Joshua Gold operates under Gold classification in the United States and is traded on OTC Exchange.Things to note about Joshua Gold Resources performance evaluation
Checking the ongoing alerts about Joshua Gold for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Joshua Gold Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Joshua Gold generated a negative expected return over the last 90 days | |
| Joshua Gold has high historical volatility and very poor performance | |
| Joshua Gold has some characteristics of a very speculative penny stock | |
| Joshua Gold has a very high chance of going through financial distress in the upcoming years | |
| Joshua Gold Resources currently holds 130.84 K in liabilities with Debt to Equity (D/E) ratio of 0.91, which is about average as compared to similar companies. Joshua Gold Resources has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Joshua Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Joshua 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 Joshua Gold Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Joshua to invest in growth at high rates of return. When we think about Joshua Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Joshua Gold Resources currently holds about 3.08 K in cash with (65.4 K) of positive cash flow from operations. | |
| Roughly 20.0% of Joshua Gold shares are held by company insiders |
- Analyzing Joshua 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 Joshua Gold's stock is overvalued or undervalued compared to its peers.
- Examining Joshua 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 Joshua Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Joshua Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Joshua Gold's pink sheet. These opinions can provide insight into Joshua Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Joshua Pink Sheet analysis
When running Joshua Gold's price analysis, check to measure Joshua 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 Joshua Gold is operating at the current time. Most of Joshua Gold's value examination focuses on studying past and present price action to predict the probability of Joshua 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 Joshua Gold's price. Additionally, you may evaluate how the addition of Joshua Gold to your portfolios can decrease your overall portfolio volatility.
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