Precipitate Gold Corp Stock Performance
| PREIF Stock | USD 0.05 0 4.17% |
On a scale of 0 to 100, Precipitate Gold holds a performance score of 3. The company holds a Beta of -1.65, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Precipitate Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, Precipitate Gold is expected to outperform it. Please check Precipitate Gold's jensen alpha, semi variance, price action indicator, as well as the relationship between the maximum drawdown and daily balance of power , to make a quick decision on whether Precipitate Gold's historical price patterns will revert.
Risk-Adjusted Performance
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Precipitate Gold Corp are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile forward indicators, Precipitate Gold reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.5 M | |
| Total Cashflows From Investing Activities | -77.3 K |
Precipitate |
Precipitate Gold Relative Risk vs. Return Landscape
If you would invest 4.92 in Precipitate Gold Corp on September 3, 2024 and sell it today you would earn a total of 0.08 from holding Precipitate Gold Corp or generate 1.63% return on investment over 90 days. Precipitate Gold Corp is currently producing 0.2871% returns and takes up 7.3117% volatility of returns over 90 trading days. Put another way, 65% of traded otc stocks are less volatile than Precipitate, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Precipitate Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Precipitate Gold's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Precipitate Gold Corp, and traders can use it to determine the average amount a Precipitate 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 = 0.0393
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Estimated Market Risk
| 7.31 actual daily | 65 65% of assets are less volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Precipitate Gold is performing at about 3% 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 Precipitate Gold by adding it to a well-diversified portfolio.
Precipitate Gold Fundamentals Growth
Precipitate OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Precipitate Gold, and Precipitate 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 Precipitate OTC Stock performance.
| Return On Equity | 0.49 | |||
| Return On Asset | -0.2 | |||
| Current Valuation | 1.72 M | |||
| Shares Outstanding | 130.37 M | |||
| Price To Earning | 4.12 X | |||
| Price To Book | 1.24 X | |||
| EBITDA | (1.67 M) | |||
| Cash And Equivalents | 8.19 M | |||
| Cash Per Share | 0.06 X | |||
| Book Value Per Share | 0.06 X | |||
| Cash Flow From Operations | (1 M) | |||
| Earnings Per Share | 0.01 X | |||
| Total Asset | 2.51 M | |||
About Precipitate Gold Performance
By analyzing Precipitate Gold's fundamental ratios, stakeholders can gain valuable insights into Precipitate Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Precipitate 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 Precipitate Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Precipitate Gold Corp. engages in the exploration, exploitation, and development of mineral resources in Canada and the Dominican Republic. Precipitate Gold Corp. was incorporated in 2011 and is headquartered in Vancouver, Canada. Precipitate Goldy operates under Gold classification in the United States and is traded on OTC Exchange.Things to note about Precipitate Gold Corp performance evaluation
Checking the ongoing alerts about Precipitate Gold for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Precipitate Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Precipitate Gold had very high historical volatility over the last 90 days | |
| Precipitate Gold has some characteristics of a very speculative penny stock | |
| Precipitate Gold has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.72 M) with loss before overhead, payroll, taxes, and interest of (3.2 K). | |
| Precipitate Gold Corp has accumulated about 8.19 M in cash with (1 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 16.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Precipitate 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 Precipitate Gold's stock is overvalued or undervalued compared to its peers.
- Examining Precipitate 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 Precipitate Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Precipitate Gold's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Precipitate Gold's otc stock. These opinions can provide insight into Precipitate Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Precipitate OTC Stock analysis
When running Precipitate Gold's price analysis, check to measure Precipitate 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 Precipitate Gold is operating at the current time. Most of Precipitate Gold's value examination focuses on studying past and present price action to predict the probability of Precipitate 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 Precipitate Gold's price. Additionally, you may evaluate how the addition of Precipitate Gold to your portfolios can decrease your overall portfolio volatility.
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