Macroaxis Stories

Volatility may be your only friend when it comes to investing in Golden Star

July 20, 2020  By
Today's article will sum up Golden Star. What exactly are Golden Star shareholders getting in August? On the 20th of July the company is traded for 3.08. Golden Star Resources has historical hype elasticity of 0.01. The average price elasticity to hype of competition is about -0.06. The entity is forecasted to increase in value after the next press release, with the price going to jump to 3.09. The latest volatility of headline impact on Golden Star stock price is is way over 100 percent making price predictions on social media along less reliable. The price gain on the next news is expected to be 0.32%, whereas the daily expected return is currently at 0.59%. Considering the 30-days investment horizon, the next forecasted announcement will be in about 7 days.
Published over a year ago
View all stories for Golden Star | View All Stories

Reviewed by Michael Smolkin

We provide advice to complement the regular expert consensus on Golden Star. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. The company has Net Profit Margin of (24.42) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of (9.76) %, which entails that for every $100 of revenue, it lost -0.1.

Use Technical Analysis to project Golden expected Price

Golden Star technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, delisted stock market cycles, or different charting patterns.
A focus of Golden Star technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Golden Star trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

How important is Golden Star's Liquidity

Golden Star financial leverage refers to using borrowed capital as a funding source to finance Golden Star Resources ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Golden Star financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Golden Star's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Golden Star's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Golden Star's total debt and its cash.

Another Deeper Perspective

The latest price spikes of Golden Star may raise some interest from retail investors. The stock closed today at a share price of 2.9 on 741,935 in trading volume. The company management teams may have good odds in positioning the firm resources to exploit market volatility in August. The stock standard deviation of daily returns for 30 days investing horizon is currently 3.75. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Golden Star Resources partners.
 2017 2018 2019 2020 (projected)
Revenues USD315.5 M273.02 M264.74 M291.73 M
Revenues315.5 M273.02 M264.74 M291.73 M

Deferred Revenue Breakdown

Golden Star Deferred Revenue yearly trend continues to be relatively stable with very little volatility. Deferred Revenue is likely to grow to about 120.6 M this year. Deferred Revenue usually refers to a component of Total Liabilities representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income. Golden Star Deferred Revenue is relatively stable at the moment as compared to the past year. Golden Star reported last year Deferred Revenue of 113.97 Million
2010
2016
2017
2018
2019
2020
201065.38 Million
2016114.11 Million
2017109.96 Million
2018119.95 Million
2019113.97 Million
2020120.59 Million

Our take on today Golden Star spike

Latest Information Ratio is up to 0.03. Price may slump again. Golden Star Resources shows above-average downside volatility for the selected time horizon. We advise investors to inspect Golden Star Resources further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Golden Star future alpha.

The Bottom Line

While some companies within the gold industry are still a little expensive, even after the recent corrections, Golden Star may offer a potential longer-term growth to retail investors. To sum up, as of the 20th of July 2020, our latest 30 days buy-hold-sell advice on the enterprise is Sell. However, we believe Golden Star is currently undervalued with above average probability of financial unrest for the next two years.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Editorial Staff

Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management. View Profile
This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Golden Star Resources. Please refer to our Terms of Use for any information regarding our disclosure principles.

Would you like to provide feedback on the content of this article?

You can get in touch with us directly or send us a quick note via email to editors@macroaxis.com