Tristar Gold Stock Performance
| TSG Stock | CAD 0.12 0.03 33.33% |
The entity has a beta of -0.62, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Tristar Gold are expected to decrease at a much lower rate. During the bear market, Tristar Gold is likely to outperform the market. At this point, Tristar Gold has a negative expected return of -0.41%. Please make sure to validate Tristar Gold's treynor ratio, as well as the relationship between the daily balance of power and price action indicator , to decide if Tristar Gold 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 Tristar Gold has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in January 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
1 | Tristar Gold - Statement on Requests Related to Castelo De Sonhos - Newsfile | 10/01/2024 |
2 | TSX Penny Stocks With Market Caps Over CA10M To Watch - Simply Wall St | 12/04/2024 |
3 | TriStar Gold Secures Crucial Regulatory Support for Brazilian Gold Project Development - StockTitan | 12/19/2024 |
| Begin Period Cash Flow | 5 M |
Tristar |
Tristar Gold Relative Risk vs. Return Landscape
If you would invest 20.00 in Tristar Gold on September 24, 2024 and sell it today you would lose (8.00) from holding Tristar Gold or give up 40.0% of portfolio value over 90 days. Tristar Gold is currently producing negative expected returns and takes up 8.7457% volatility of returns over 90 trading days. Put another way, 77% of traded stocks are less volatile than Tristar, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Tristar Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tristar Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tristar Gold, and traders can use it to determine the average amount a Tristar 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 = -0.0473
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| Negative Returns | TSG |
Estimated Market Risk
| 8.75 actual daily | 77 77% of assets are less volatile |
Expected Return
| -0.41 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 Tristar 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 Tristar Gold by adding Tristar Gold to a well-diversified portfolio.
Tristar Gold Fundamentals Growth
Tristar Stock prices reflect investors' perceptions of the future prospects and financial health of Tristar Gold, and Tristar 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 Tristar Stock performance.
| Return On Equity | -0.0776 | ||||
| Return On Asset | -0.0262 | ||||
| Current Valuation | 31.72 M | ||||
| Shares Outstanding | 279.93 M | ||||
| Price To Earning | 48.00 X | ||||
| Price To Book | 0.85 X | ||||
| EBITDA | (1.51 K) | ||||
| Net Income | (707.46 K) | ||||
| Cash And Equivalents | 8.59 M | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 893.71 K | ||||
| Debt To Equity | 1.02 % | ||||
| Current Ratio | 33.05 X | ||||
| Book Value Per Share | 0.11 X | ||||
| Cash Flow From Operations | 2.17 M | ||||
| Earnings Per Share | (0.02) X | ||||
| Market Capitalization | 33.59 M | ||||
| Total Asset | 30.43 M | ||||
| Retained Earnings | (32.43 M) | ||||
| Working Capital | 3.59 M | ||||
| Current Asset | 1.01 B | ||||
| Current Liabilities | 982.68 M | ||||
About Tristar Gold Performance
Evaluating Tristar Gold's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Tristar 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 Tristar 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 | ||
| Days Of Inventory On Hand | 11.12 | 13.87 | |
| Return On Tangible Assets | (0.02) | (0.02) | |
| Return On Capital Employed | (0.04) | (0.04) | |
| Return On Assets | (0.02) | (0.02) | |
| Return On Equity | (0.02) | (0.03) |
Things to note about Tristar Gold performance evaluation
Checking the ongoing alerts about Tristar Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Tristar Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tristar Gold generated a negative expected return over the last 90 days | |
| Tristar Gold has high historical volatility and very poor performance | |
| Tristar Gold has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (707.46 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| About 18.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: TriStar Gold Secures Crucial Regulatory Support for Brazilian Gold Project Development - StockTitan |
- Analyzing Tristar 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 Tristar Gold's stock is overvalued or undervalued compared to its peers.
- Examining Tristar 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 Tristar Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tristar Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tristar Gold's stock. These opinions can provide insight into Tristar Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Tristar Stock Analysis
When running Tristar Gold's price analysis, check to measure Tristar 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 Tristar Gold is operating at the current time. Most of Tristar Gold's value examination focuses on studying past and present price action to predict the probability of Tristar 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 Tristar Gold's price. Additionally, you may evaluate how the addition of Tristar Gold to your portfolios can decrease your overall portfolio volatility.