White Gold Corp Stock Performance
| WHGOF Stock | USD 0.16 0.01 5.88% |
The firm maintains a market beta of 1.26, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, White Gold will likely underperform. At this point, White Gold Corp has a negative expected return of -0.21%. Please make sure to check out White Gold's maximum drawdown, as well as the relationship between the daily balance of power and price action indicator , to decide if White Gold Corp 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 White Gold Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 4.1 M | |
| Total Cashflows From Investing Activities | -4.7 M |
White |
White Gold Relative Risk vs. Return Landscape
If you would invest 20.00 in White Gold Corp on September 4, 2024 and sell it today you would lose (4.00) from holding White Gold Corp or give up 20.0% of portfolio value over 90 days. White Gold Corp is currently producing negative expected returns and takes up 5.2977% volatility of returns over 90 trading days. Put another way, 47% of traded otc stocks are less volatile than White, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
White Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for White Gold's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as White Gold Corp, and traders can use it to determine the average amount a White 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 = -0.0404
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| Negative Returns | WHGOF |
Estimated Market Risk
| 5.3 actual daily | 47 53% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average White 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 White Gold by adding White Gold to a well-diversified portfolio.
White Gold Fundamentals Growth
White OTC Stock prices reflect investors' perceptions of the future prospects and financial health of White Gold, and White 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 White OTC Stock performance.
| Return On Equity | -0.0056 | |||
| Return On Asset | -0.0164 | |||
| Current Valuation | 41.02 M | |||
| Shares Outstanding | 160.5 M | |||
| Price To Book | 0.53 X | |||
| EBITDA | (1.43 M) | |||
| Cash And Equivalents | 7.22 M | |||
| Cash Per Share | 0.05 X | |||
| Book Value Per Share | 0.74 X | |||
| Cash Flow From Operations | (3.11 M) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 127.6 M | |||
About White Gold Performance
By analyzing White Gold's fundamental ratios, stakeholders can gain valuable insights into White Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if White 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 White Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
White Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. White Gold Corp. was incorporated in 1987 and is headquartered in Toronto, Canada. WHITE GOLD is traded on OTC Exchange in the United States.Things to note about White Gold Corp performance evaluation
Checking the ongoing alerts about White Gold for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for White Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| White Gold Corp generated a negative expected return over the last 90 days | |
| White Gold Corp has high historical volatility and very poor performance | |
| White Gold Corp has some characteristics of a very speculative penny stock | |
| White Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.21 M) with loss before overhead, payroll, taxes, and interest of (87.08 K). | |
| White Gold Corp has accumulated about 7.22 M in cash with (3.11 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| Roughly 54.0% of the company outstanding shares are owned by insiders |
- Analyzing White 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 White Gold's stock is overvalued or undervalued compared to its peers.
- Examining White 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 White Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of White Gold's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of White Gold's otc stock. These opinions can provide insight into White Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for White OTC Stock analysis
When running White Gold's price analysis, check to measure White 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 White Gold is operating at the current time. Most of White Gold's value examination focuses on studying past and present price action to predict the probability of White 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 White Gold's price. Additionally, you may evaluate how the addition of White Gold to your portfolios can decrease your overall portfolio volatility.
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