ODYSSEY GOLD (Germany) Performance
| ODQ Stock | EUR 0.01 0.00 0.00% |
The company holds a Beta of -1.05, which implies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning ODYSSEY GOLD are expected to decrease slowly. On the other hand, during market turmoil, ODYSSEY GOLD is expected to outperform it slightly. At this point, ODYSSEY GOLD LTD has a negative expected return of -0.0244%. Please make sure to check ODYSSEY GOLD's value at risk, expected short fall, day median price, as well as the relationship between the downside variance and kurtosis , to decide if ODYSSEY GOLD LTD performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days ODYSSEY GOLD LTD has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, ODYSSEY GOLD is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
ODYSSEY |
ODYSSEY GOLD Relative Risk vs. Return Landscape
If you would invest 1.10 in ODYSSEY GOLD LTD on September 20, 2024 and sell it today you would lose (0.20) from holding ODYSSEY GOLD LTD or give up 18.18% of portfolio value over 90 days. ODYSSEY GOLD LTD is currently producing negative expected returns and takes up 7.7837% volatility of returns over 90 trading days. Put another way, 69% of traded stocks are less volatile than ODYSSEY, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
ODYSSEY GOLD Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ODYSSEY GOLD's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ODYSSEY GOLD LTD, and traders can use it to determine the average amount a ODYSSEY 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 = -0.0031
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| Negative Returns | ODQ |
Estimated Market Risk
| 7.78 actual daily | 69 69% of assets are less volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ODYSSEY 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 ODYSSEY GOLD by adding ODYSSEY GOLD to a well-diversified portfolio.
ODYSSEY GOLD Fundamentals Growth
ODYSSEY Stock prices reflect investors' perceptions of the future prospects and financial health of ODYSSEY GOLD, and ODYSSEY 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 ODYSSEY Stock performance.
| Return On Equity | -0.65 | |||
| Return On Asset | -0.34 | |||
| Operating Margin | 682.10 % | |||
| Shares Outstanding | 765.54 M | |||
| Revenue | (14.03 K) | |||
| EBITDA | (9.5 M) | |||
| Cash And Equivalents | 7.28 M | |||
| Cash Per Share | 0.01 X | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | (672.58 K) | |||
| Earnings Per Share | (0.01) X | |||
About ODYSSEY GOLD Performance
By analyzing ODYSSEY GOLD's fundamental ratios, stakeholders can gain valuable insights into ODYSSEY GOLD's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ODYSSEY 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 ODYSSEY GOLD has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Odyssey Gold Limited operates as a mineral resource exploration company in Australia. Odyssey Gold Limited was incorporated in 2005 and is based in Perth, Australia. ODYSSEY GOLD operates under Gold classification in Germany and is traded on Frankfurt Stock Exchange.Things to note about ODYSSEY GOLD LTD performance evaluation
Checking the ongoing alerts about ODYSSEY GOLD for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ODYSSEY GOLD LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ODYSSEY GOLD LTD generated a negative expected return over the last 90 days | |
| ODYSSEY GOLD LTD has high historical volatility and very poor performance | |
| ODYSSEY GOLD LTD has some characteristics of a very speculative penny stock | |
| ODYSSEY GOLD LTD has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (926.91 K) with loss before overhead, payroll, taxes, and interest of (14.03 K). | |
| ODYSSEY GOLD LTD has accumulated about 7.28 M in cash with (672.58 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 40.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing ODYSSEY 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 ODYSSEY GOLD's stock is overvalued or undervalued compared to its peers.
- Examining ODYSSEY 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 ODYSSEY GOLD's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ODYSSEY GOLD's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ODYSSEY GOLD's stock. These opinions can provide insight into ODYSSEY GOLD's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for ODYSSEY Stock analysis
When running ODYSSEY GOLD's price analysis, check to measure ODYSSEY 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 ODYSSEY GOLD is operating at the current time. Most of ODYSSEY GOLD's value examination focuses on studying past and present price action to predict the probability of ODYSSEY 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 ODYSSEY GOLD's price. Additionally, you may evaluate how the addition of ODYSSEY GOLD to your portfolios can decrease your overall portfolio volatility.
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