Romios Gold Resources Stock Performance
| RG Stock | CAD 0.02 0.01 100.00% |
Romios Gold holds a performance score of 10 on a scale of zero to a hundred. The company holds a Beta of -2.6, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Romios Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, Romios Gold is expected to outperform it. Use Romios Gold treynor ratio and the relationship between the downside variance and day typical price , to analyze future returns on Romios Gold.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Romios Gold Resources are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Romios Gold showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Romios Gold Unveils High-Grade Assays at Nevada Site - TipRanks | 10/08/2024 |
| Begin Period Cash Flow | 1.1 M | |
| Free Cash Flow | -1.6 M |
Romios |
Romios Gold Relative Risk vs. Return Landscape
If you would invest 2.00 in Romios Gold Resources on September 29, 2024 and sell it today you would earn a total of 0.00 from holding Romios Gold Resources or generate 0.0% return on investment over 90 days. Romios Gold Resources is currently generating 4.8387% in daily expected returns and assumes 34.7234% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Romios, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Romios Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Romios Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Romios Gold Resources, and traders can use it to determine the average amount a Romios 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 = 0.1394
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Estimated Market Risk
| 34.72 actual daily | 96 96% of assets are less volatile |
Expected Return
| 4.84 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Romios Gold is performing at about 10% 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 Romios Gold by adding it to a well-diversified portfolio.
Romios Gold Fundamentals Growth
Romios Stock prices reflect investors' perceptions of the future prospects and financial health of Romios Gold, and Romios 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 Romios Stock performance.
| Return On Equity | -4.26 | ||||
| Return On Asset | -0.74 | ||||
| Current Valuation | 3.96 M | ||||
| Shares Outstanding | 262.12 M | ||||
| Price To Earning | (10.83) X | ||||
| Price To Book | 28.52 X | ||||
| EBITDA | (564.19 K) | ||||
| Net Income | (2.7 M) | ||||
| Cash And Equivalents | 2.95 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 1.25 M | ||||
| Current Ratio | 4.15 X | ||||
| Book Value Per Share | (0) X | ||||
| Cash Flow From Operations | (1.59 M) | ||||
| Market Capitalization | 3.93 M | ||||
| Total Asset | 259.66 K | ||||
| Retained Earnings | (41.88 M) | ||||
| Working Capital | (1.04 M) | ||||
About Romios Gold Performance
Evaluating Romios Gold's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Romios 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 Romios Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (3.19) | (3.03) | |
| Return On Capital Employed | 0.72 | 0.76 | |
| Return On Assets | (3.19) | (3.03) | |
| Return On Equity | 0.84 | 0.88 |
Things to note about Romios Gold Resources performance evaluation
Checking the ongoing alerts about Romios Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Romios Gold Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Romios Gold is way too risky over 90 days horizon | |
| Romios Gold has some characteristics of a very speculative penny stock | |
| Romios Gold appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (2.7 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Romios Gold Resources currently holds about 2.95 M in cash with (1.59 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
- Analyzing Romios 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 Romios Gold's stock is overvalued or undervalued compared to its peers.
- Examining Romios 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 Romios Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Romios Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Romios Gold's stock. These opinions can provide insight into Romios Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Romios Stock Analysis
When running Romios Gold's price analysis, check to measure Romios 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 Romios Gold is operating at the current time. Most of Romios Gold's value examination focuses on studying past and present price action to predict the probability of Romios 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 Romios Gold's price. Additionally, you may evaluate how the addition of Romios Gold to your portfolios can decrease your overall portfolio volatility.