Solgold Plc Stock Performance
| SOLG Stock | CAD 0.12 0.01 7.69% |
The entity has a beta of 0.47, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SolGold PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding SolGold PLC is expected to be smaller as well. At this point, SolGold PLC has a negative expected return of -0.73%. Please make sure to validate SolGold PLC's treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if SolGold PLC 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 SolGold PLC has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Stock's basic 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
1 | SolGold Releases Q1 2024 Financial Report and MDA Documents SLGGF Stock News - StockTitan | 11/14/2024 |
2 | SolGold Shareholders Show Strong Support at AGM, All Resolutions Pass with 90 Backing SLGGF Stock News - StockTitan | 12/05/2024 |
| Begin Period Cash Flow | 32.5 M |
SolGold |
SolGold PLC Relative Risk vs. Return Landscape
If you would invest 20.00 in SolGold PLC on September 23, 2024 and sell it today you would lose (8.00) from holding SolGold PLC or give up 40.0% of portfolio value over 90 days. SolGold PLC is generating negative expected returns and assumes 3.1498% volatility on return distribution over the 90 days horizon. Simply put, 28% of stocks are less volatile than SolGold, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
SolGold PLC Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SolGold PLC's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as SolGold PLC, and traders can use it to determine the average amount a SolGold PLC'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 = -0.2328
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SOLG |
Estimated Market Risk
| 3.15 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.73 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SolGold PLC 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 SolGold PLC by adding SolGold PLC to a well-diversified portfolio.
SolGold PLC Fundamentals Growth
SolGold Stock prices reflect investors' perceptions of the future prospects and financial health of SolGold PLC, and SolGold PLC 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 SolGold Stock performance.
| Return On Equity | -0.21 | ||||
| Return On Asset | -0.0294 | ||||
| Current Valuation | 646.5 M | ||||
| Shares Outstanding | 3 B | ||||
| Price To Book | 0.99 X | ||||
| EBITDA | (24.63 M) | ||||
| Net Income | (60.3 M) | ||||
| Cash And Equivalents | 46.9 M | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 199.16 M | ||||
| Debt To Equity | 0.06 % | ||||
| Current Ratio | 2.30 X | ||||
| Book Value Per Share | 0.09 X | ||||
| Cash Flow From Operations | (10.24 M) | ||||
| Earnings Per Share | (0.03) X | ||||
| Market Capitalization | 373.08 M | ||||
| Total Asset | 463.85 M | ||||
| Retained Earnings | (306.35 M) | ||||
| Working Capital | 27.72 M | ||||
About SolGold PLC Performance
By examining SolGold PLC's fundamental ratios, stakeholders can obtain critical insights into SolGold PLC's 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 SolGold PLC 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 Reported | Projected for Next Year | ||
| Return On Tangible Assets | (1.57) | (1.65) | |
| Return On Capital Employed | (0.05) | (0.04) | |
| Return On Assets | (0.13) | (0.14) | |
| Return On Equity | (0.24) | (0.25) |
Things to note about SolGold PLC performance evaluation
Checking the ongoing alerts about SolGold PLC for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for SolGold PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| SolGold PLC generated a negative expected return over the last 90 days | |
| SolGold PLC has some characteristics of a very speculative penny stock | |
| SolGold PLC has high historical volatility and very poor performance | |
| SolGold PLC has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (60.3 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| SolGold PLC has accumulated about 46.9 M in cash with (10.24 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 53.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: SolGold Shareholders Show Strong Support at AGM, All Resolutions Pass with 90 Backing SLGGF Stock News - StockTitan |
- Analyzing SolGold PLC'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 SolGold PLC's stock is overvalued or undervalued compared to its peers.
- Examining SolGold PLC'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 SolGold PLC's management team can have a significant impact on its success or failure. Reviewing the track record and experience of SolGold PLC's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of SolGold PLC's stock. These opinions can provide insight into SolGold PLC's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in SolGold Stock
SolGold PLC financial ratios help investors to determine whether SolGold 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 SolGold with respect to the benefits of owning SolGold PLC security.