Freeman Gold Corp Stock Performance
| FMANF Stock | USD 0.06 0.01 14.51% |
On a scale of 0 to 100, Freeman Gold holds a performance score of 3. The firm shows a Beta (market volatility) of 1.55, 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, Freeman Gold will likely underperform. Please check Freeman Gold's maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to make a quick decision on whether Freeman Gold's price patterns will revert.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Freeman Gold Corp are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Freeman Gold reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 5.1 M | |
| Total Cashflows From Investing Activities | -2.6 M |
Freeman |
Freeman Gold Relative Risk vs. Return Landscape
If you would invest 6.00 in Freeman Gold Corp on September 4, 2024 and sell it today you would earn a total of 0.07 from holding Freeman Gold Corp or generate 1.17% return on investment over 90 days. Freeman Gold Corp is currently producing 0.3296% returns and takes up 7.9747% volatility of returns over 90 trading days. Put another way, 71% of traded otc stocks are less volatile than Freeman, and 94% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Freeman Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Freeman Gold's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Freeman Gold Corp, and traders can use it to determine the average amount a Freeman 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 = 0.0413
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Estimated Market Risk
| 7.97 actual daily | 70 70% of assets are less volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Freeman 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 Freeman Gold by adding it to a well-diversified portfolio.
Freeman Gold Fundamentals Growth
Freeman OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Freeman Gold, and Freeman 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 Freeman OTC Stock performance.
| Return On Equity | 0.0145 | |||
| Return On Asset | -0.088 | |||
| Current Valuation | 15.19 M | |||
| Shares Outstanding | 131.75 M | |||
| Price To Book | 1.02 X | |||
| EBITDA | (3.49 M) | |||
| Cash And Equivalents | 12.41 M | |||
| Cash Per Share | 0.09 X | |||
| Total Debt | 124.54 K | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 0.21 X | |||
| Cash Flow From Operations | (2.35 M) | |||
| Total Asset | 31.33 M | |||
About Freeman Gold Performance
By analyzing Freeman Gold's fundamental ratios, stakeholders can gain valuable insights into Freeman Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Freeman 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 Freeman Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Freeman Gold Corp. engages in the acquisition, exploration, and evaluation of mineral properties in Canada and the United States. The company holds a 100 percent interest in the Lemhi gold project comprising 10 patented mining claims, 1 patented millsite, and 333 unpatented claims covering an area of approximately 6,7 acres of mineral rights and 615 acres of surface rights located in Lemhi County, Idaho. FREEMAN GOLD is traded on OTC Exchange in the United States.Things to note about Freeman Gold Corp performance evaluation
Checking the ongoing alerts about Freeman Gold for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Freeman Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Freeman Gold Corp had very high historical volatility over the last 90 days | |
| Freeman Gold Corp has some characteristics of a very speculative penny stock | |
| Freeman Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (3.49 M) with loss before overhead, payroll, taxes, and interest of (12.75 K). | |
| Freeman Gold Corp has accumulated about 12.41 M in cash with (2.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Freeman 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 Freeman Gold's stock is overvalued or undervalued compared to its peers.
- Examining Freeman 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 Freeman Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Freeman Gold's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Freeman Gold's otc stock. These opinions can provide insight into Freeman Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Freeman OTC Stock analysis
When running Freeman Gold's price analysis, check to measure Freeman 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 Freeman Gold is operating at the current time. Most of Freeman Gold's value examination focuses on studying past and present price action to predict the probability of Freeman 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 Freeman Gold's price. Additionally, you may evaluate how the addition of Freeman Gold to your portfolios can decrease your overall portfolio volatility.
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