GoGold Resources Competitors
| GLGDF Stock | USD 1.72 0.03 1.78% |
Pair Correlation for GoGold Resources and Major Drilling Snapshot
Weak diversification
GoGold Resources currently posts a 0.51 correlation with Major Drilling, indicating a Weak diversification relationship for the active sample. In portfolio terms, the overlap shows how much shared movement remains after combining both positions.
Experienced investors tracking GoGold Resources' watch for mean reversion setups where price has deviated from its long-run average. Sentiment extremes, news events, or liquidity shocks are common catalysts for these temporary dislocations in GoGold Resources. Prices periodically overshoot their intrinsic value in both directions, creating mean reversion opportunities in GoGold Resources. The mean reversion signal is most useful when combined with fundamental confirmation for GoGold Resources'.
GoGold Resources Competition Correlation Matrix
Reviewing how GoGold Resources moves relative to competing otcs can show whether peer exposure is reducing portfolio risk or simply repeating the same market bet. A reading near +1 usually means prices have moved in tandem, a reading near -1 suggests opposite movement, and a reading near zero points to weaker historical dependence.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
GoGold Resources OTC Stock can look attractive on recent price action while risk efficiency lags the peer group. Reviewing GoGold Resources' risk-adjusted indicators gives a clearer view of whether returns are being earned efficiently. These indicators are quantitative in nature and help investors evaluate volatility and risk-adjusted expected returns across different positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ABBRF | 4.59 | 0.50 | 0.05 | 0.09 | 6.16 | 10.06 | 29.37 | |||
| KSKGF | 3.94 | 0.12 | 0.03 | -0.89 | 5.59 | 8.48 | 24.41 | |||
| ORZCF | 4.07 | 0.60 | 0.09 | 0.16 | 4.97 | 8.33 | 27.68 | |||
| NUFMF | 1.17 | -0.14 | 0.00 | -0.47 | 0.00 | 5.33 | 15.80 | |||
| MCEM | 1.31 | 0.26 | 0.21 | -3.84 | 1.38 | 4.06 | 8.20 | |||
| PXMFF | 2.60 | 0.18 | 0.00 | 0.01 | 0.00 | 0.00 | 66.24 | |||
| MCHHF | 1.71 | 0.54 | 0.00 | 0.44 | 0.00 | 6.82 | 38.52 | |||
| CGCLF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TYOBY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MJDLF | 2.29 | 0.37 | 0.11 | 0.17 | 2.79 | 4.95 | 12.42 |
GoGold Resources Competitive Analysis
GoGold Resources' competitive standing becomes clearer when measured alongside AbraSilver Resource, Kingsgate Consolidated, and Orezone Gold. With 36.1 M in revenue and a 504.2 M market value, GoGold Resources anchors one end of the peer spectrum. Shareholders see a 0.31% return on equity, supported by a 1.92% profit margin. Return on equity favors GoGold Resources at 0.31%, well ahead of AbraSilver Resource at -71.18%. GoGold Resources pulls in 36.1 M in revenue while Kingsgate Consolidated reports 475,000. Market capitalization diverges sharply here: 504.2 M versus 329.7 M, giving GoGold Resources a clear size advantage.| Better Than Average | Worse Than Peers | View Performance Chart |
GoGold Resources Competition Peer Performance Charts
How to Analyze GoGold Resources Against Peers
GoGold Resources' peer analysis compares GoGold Resources with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:- Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
- Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
- Check valuation dispersion: Review whether GoGold Resources trades at a premium or discount versus peers and why.
- Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
- Document the thesis: Record where GoGold Resources leads or lags and what catalysts could close or widen the gap.
Peer Comparison Metrics & Methodology
Revenue at GoGold Resources has grown faster than the peer median over the last four quarters, widening its competitive lead. Peer benchmarking can improve context for valuation without relying only on standalone multiples. For peer comparison, GoGold Resources has a market cap of 504.18 M, P/E of 6.68, profit margin of 1.92%.
For GoGold Resources, this section uses periodic company reporting and market reference feeds and standardizes the results for cross-period comparison. Intraday timing differences may exist.