Thunder Gold Corp Stock Performance
| TGOLF Stock | 0.03 0 5.05% |
Thunder Gold holds a performance score of 6 on a scale of zero to a hundred. The entity has a beta of 1.69, which indicates 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, Thunder Gold will likely underperform. Use Thunder Gold Corp potential upside and the relationship between the skewness and relative strength index , to analyze future returns on Thunder Gold Corp.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Thunder Gold Corp are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite nearly unfluctuating essential indicators, Thunder Gold reported solid returns over the last few months and may actually be approaching a breakup point. ...more
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Thunder Gold Relative Risk vs. Return Landscape
If you would invest 2.82 in Thunder Gold Corp on August 31, 2024 and sell it today you would earn a total of 0.51 from holding Thunder Gold Corp or generate 18.09% return on investment over 90 days. Thunder Gold Corp is currently producing 1.5718% returns and takes up 17.7021% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Thunder, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Thunder Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thunder Gold's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Thunder Gold Corp, and traders can use it to determine the average amount a Thunder 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 = 0.0888
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Estimated Market Risk
| 17.7 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.57 actual daily | 31 69% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Thunder Gold is performing at about 6% 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 Thunder Gold by adding it to a well-diversified portfolio.
Things to note about Thunder Gold Corp performance evaluation
Checking the ongoing alerts about Thunder Gold for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Thunder Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Thunder Gold Corp is way too risky over 90 days horizon | |
| Thunder Gold Corp has some characteristics of a very speculative penny stock | |
| Thunder Gold Corp appears to be risky and price may revert if volatility continues |
- Analyzing Thunder 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 Thunder Gold's stock is overvalued or undervalued compared to its peers.
- Examining Thunder 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 Thunder Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Thunder Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Thunder Gold's pink sheet. These opinions can provide insight into Thunder Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Thunder Pink Sheet analysis
When running Thunder Gold's price analysis, check to measure Thunder 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 Thunder Gold is operating at the current time. Most of Thunder Gold's value examination focuses on studying past and present price action to predict the probability of Thunder 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 Thunder Gold's price. Additionally, you may evaluate how the addition of Thunder Gold to your portfolios can decrease your overall portfolio volatility.
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