Trx Gold Corp Stock Performance
| TNX Stock | CAD 45.70 0.76 1.69% |
On a scale of 0 to 100, TRX Gold holds a performance score of 19. The entity has a beta of -0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TRX Gold are expected to decrease at a much lower rate. During the bear market, TRX Gold is likely to outperform the market. Please check TRX Gold's accumulation distribution, and the relationship between the semi variance and day typical price , to make a quick decision on whether TRX Gold's existing price patterns will revert.
Risk-Adjusted Performance
19 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in TRX Gold Corp are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. In spite of very abnormal basic indicators, TRX Gold displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | TRX Gold Stock Price Crosses Above 50 Day Moving Average - Heres What Happened - MarketBeat | 11/14/2024 |
2 | TRX Gold Reports Year-End 2024 Results - Junior Mining Network | 12/02/2024 |
3 | What is Roth Capitals Forecast for TRX Gold Q1 Earnings - MarketBeat | 12/10/2024 |
| Begin Period Cash Flow | 8.5 M |
TRX |
TRX Gold Relative Risk vs. Return Landscape
If you would invest 3,739 in TRX Gold Corp on September 22, 2024 and sell it today you would earn a total of 831.00 from holding TRX Gold Corp or generate 22.23% return on investment over 90 days. TRX Gold Corp is generating 0.322% of daily returns assuming 1.2739% volatility of returns over the 90 days investment horizon. Simply put, 11% of all stocks have less volatile historical return distribution than TRX Gold, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
TRX Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TRX Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as TRX Gold Corp, and traders can use it to determine the average amount a TRX 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 = 0.2528
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Estimated Market Risk
| 1.27 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average TRX Gold is performing at about 19% 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 TRX Gold by adding it to a well-diversified portfolio.
TRX Gold Fundamentals Growth
TRX Stock prices reflect investors' perceptions of the future prospects and financial health of TRX Gold, and TRX 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 TRX Stock performance.
| Return On Equity | 0.0311 | ||||
| Return On Asset | 0.0673 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | 0.23 % | ||||
| Current Valuation | 111.76 M | ||||
| Shares Outstanding | 279.15 M | ||||
| Price To Earning | (4.35) X | ||||
| Price To Book | 1.71 X | ||||
| Price To Sales | 3.38 X | ||||
| Revenue | 38.32 M | ||||
| Gross Profit | 9.5 M | ||||
| EBITDA | 11.93 M | ||||
| Net Income | 7.04 M | ||||
| Cash And Equivalents | 1.16 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 101 K | ||||
| Debt To Equity | 19.40 % | ||||
| Current Ratio | 0.16 X | ||||
| Book Value Per Share | 0.19 X | ||||
| Cash Flow From Operations | 17.33 M | ||||
| Market Capitalization | 128.41 M | ||||
| Total Asset | 84.2 M | ||||
| Retained Earnings | (121.42 M) | ||||
| Working Capital | (617 K) | ||||
About TRX Gold Performance
By examining TRX Gold's fundamental ratios, stakeholders can obtain critical insights into TRX Gold's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that TRX Gold is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 98.19 | 93.28 | |
| Return On Capital Employed | 0.14 | 0.15 | |
| Return On Equity | (0.01) | (0.01) |
Things to note about TRX Gold Corp performance evaluation
Checking the ongoing alerts about TRX Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for TRX Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| TRX Gold Corp has accumulated 101 K in total debt with debt to equity ratio (D/E) of 19.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. TRX Gold Corp has a current ratio of 0.16, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist TRX Gold until it has trouble settling it off, either with new capital or with free cash flow. So, TRX Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TRX Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TRX to invest in growth at high rates of return. When we think about TRX Gold's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: What is Roth Capitals Forecast for TRX Gold Q1 Earnings - MarketBeat |
- Analyzing TRX 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 TRX Gold's stock is overvalued or undervalued compared to its peers.
- Examining TRX 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 TRX Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of TRX Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of TRX Gold's stock. These opinions can provide insight into TRX Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in TRX Stock
TRX Gold financial ratios help investors to determine whether TRX Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TRX with respect to the benefits of owning TRX Gold security.