Eminent Gold Corp Stock Performance
| EMNT Stock | CAD 0.34 0.01 3.03% |
On a scale of 0 to 100, Eminent Gold holds a performance score of 3. The firm shows a Beta (market volatility) of -1.18, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Eminent Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, Eminent Gold is expected to outperform it. Please check Eminent Gold's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Eminent Gold's price patterns will revert.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Eminent Gold Corp are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Eminent Gold showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Eminent Gold Driving world class gold discoveries in Nevada 2024-11-18 Investing News - Stockhouse Publishing | 11/18/2024 |
| Begin Period Cash Flow | 96.4 K |
Eminent |
Eminent Gold Relative Risk vs. Return Landscape
If you would invest 32.00 in Eminent Gold Corp on September 12, 2024 and sell it today you would earn a total of 2.00 from holding Eminent Gold Corp or generate 6.25% return on investment over 90 days. Eminent Gold Corp is generating 0.2186% of daily returns assuming 5.0406% volatility of returns over the 90 days investment horizon. Simply put, 44% of all stocks have less volatile historical return distribution than Eminent Gold, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Eminent Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eminent Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Eminent Gold Corp, and traders can use it to determine the average amount a Eminent 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 = 0.0434
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | EMNT | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.04 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Eminent 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 Eminent Gold by adding it to a well-diversified portfolio.
Eminent Gold Fundamentals Growth
Eminent Stock prices reflect investors' perceptions of the future prospects and financial health of Eminent Gold, and Eminent 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 Eminent Stock performance.
| Return On Equity | -1.03 | ||||
| Return On Asset | -0.57 | ||||
| Current Valuation | 19 M | ||||
| Shares Outstanding | 54.91 M | ||||
| Price To Book | 4.94 X | ||||
| EBITDA | (927.6 K) | ||||
| Net Income | (4.18 M) | ||||
| Cash And Equivalents | 878.58 K | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 334.87 K | ||||
| Current Ratio | 5.47 X | ||||
| Book Value Per Share | 0.06 X | ||||
| Cash Flow From Operations | (149.62 K) | ||||
| Earnings Per Share | (0.05) X | ||||
| Market Capitalization | 18.94 M | ||||
| Total Asset | 3.06 M | ||||
| Retained Earnings | (9.62 M) | ||||
| Working Capital | (29.84 K) | ||||
About Eminent Gold Performance
Evaluating Eminent Gold's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Eminent 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 Eminent 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 | (1.37) | (1.44) | |
| Return On Capital Employed | (0.34) | (0.32) | |
| Return On Assets | (1.37) | (1.44) | |
| Return On Equity | (1.54) | (1.46) |
Things to note about Eminent Gold Corp performance evaluation
Checking the ongoing alerts about Eminent Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Eminent Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Eminent Gold Corp had very high historical volatility over the last 90 days | |
| Eminent Gold Corp has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (4.18 M) with loss before overhead, payroll, taxes, and interest of (270.79 K). | |
| Eminent Gold Corp has accumulated about 878.58 K in cash with (149.62 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Latest headline from news.google.com: Eminent Gold Driving world class gold discoveries in Nevada 2024-11-18 Investing News - Stockhouse Publishing |
- Analyzing Eminent 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 Eminent Gold's stock is overvalued or undervalued compared to its peers.
- Examining Eminent 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 Eminent Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eminent Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Eminent Gold's stock. These opinions can provide insight into Eminent Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Eminent Stock Analysis
When running Eminent Gold's price analysis, check to measure Eminent 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 Eminent Gold is operating at the current time. Most of Eminent Gold's value examination focuses on studying past and present price action to predict the probability of Eminent 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 Eminent Gold's price. Additionally, you may evaluate how the addition of Eminent Gold to your portfolios can decrease your overall portfolio volatility.