Envirogold Global Limited Stock Performance
| ESGLF Stock | USD 0.04 0 10.46% |
On a scale of 0 to 100, EnviroGold Global holds a performance score of 8. The firm shows a Beta (market volatility) of 1.6, which means 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, EnviroGold Global will likely underperform. Please check EnviroGold Global's value at risk and the relationship between the expected short fall and market facilitation index , to make a quick decision on whether EnviroGold Global's price patterns will revert.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in EnviroGold Global Limited are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile essential indicators, EnviroGold Global reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 8.00 | |
| Total Cashflows From Investing Activities | 220.3 K | |
| Free Cash Flow | -3.3 M |
EnviroGold |
EnviroGold Global Relative Risk vs. Return Landscape
If you would invest 2.80 in EnviroGold Global Limited on September 3, 2024 and sell it today you would earn a total of 1.31 from holding EnviroGold Global Limited or generate 46.79% return on investment over 90 days. EnviroGold Global Limited is currently producing 0.9271% returns and takes up 8.3621% volatility of returns over 90 trading days. Put another way, 74% of traded otc stocks are less volatile than EnviroGold, and 82% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
EnviroGold Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for EnviroGold Global's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as EnviroGold Global Limited, and traders can use it to determine the average amount a EnviroGold Global'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 = 0.1109
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ESGLF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 8.36 actual daily | 74 74% of assets are less volatile |
Expected Return
| 0.93 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average EnviroGold Global is performing at about 8% 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 EnviroGold Global by adding it to a well-diversified portfolio.
EnviroGold Global Fundamentals Growth
EnviroGold OTC Stock prices reflect investors' perceptions of the future prospects and financial health of EnviroGold Global, and EnviroGold Global 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 EnviroGold OTC Stock performance.
| Return On Equity | -5.06 | |||
| Return On Asset | -2.12 | |||
| Current Valuation | 27.8 M | |||
| Shares Outstanding | 199.29 M | |||
| Price To Book | 9.15 X | |||
| EBITDA | (8.86 M) | |||
| Cash And Equivalents | 1.81 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 19.39 K | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | (3.23 M) | |||
| Earnings Per Share | 0.06 X | |||
| Total Asset | 4.72 M | |||
About EnviroGold Global Performance
By analyzing EnviroGold Global's fundamental ratios, stakeholders can gain valuable insights into EnviroGold Global's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if EnviroGold Global 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 EnviroGold Global has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
EnviroGold Global Limited operates as a clean technology company in Canada. EnviroGold Global Limited is headquartered in Vancouver, Canada. Envirogold Global operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange. It employs 9 people.Things to note about EnviroGold Global performance evaluation
Checking the ongoing alerts about EnviroGold Global for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for EnviroGold Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| EnviroGold Global is way too risky over 90 days horizon | |
| EnviroGold Global has some characteristics of a very speculative penny stock | |
| EnviroGold Global appears to be risky and price may revert if volatility continues | |
| EnviroGold Global has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (10.33 M) with loss before overhead, payroll, taxes, and interest of (1.18 M). | |
| EnviroGold Global Limited has accumulated about 1.81 M in cash with (3.23 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 53.0% of the company shares are held by company insiders |
- Analyzing EnviroGold Global'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 EnviroGold Global's stock is overvalued or undervalued compared to its peers.
- Examining EnviroGold Global'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 EnviroGold Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of EnviroGold Global's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of EnviroGold Global's otc stock. These opinions can provide insight into EnviroGold Global's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for EnviroGold OTC Stock analysis
When running EnviroGold Global's price analysis, check to measure EnviroGold Global'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 EnviroGold Global is operating at the current time. Most of EnviroGold Global's value examination focuses on studying past and present price action to predict the probability of EnviroGold Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EnviroGold Global's price. Additionally, you may evaluate how the addition of EnviroGold Global to your portfolios can decrease your overall portfolio volatility.
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |