Goldmining Stock Performance

GOLD Stock  CAD 1.91  0.01  0.52%   
On a scale of 0 to 100, GoldMining holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of 0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, GoldMining's returns are expected to increase less than the market. However, during the bear market, the loss of holding GoldMining is expected to be smaller as well. Please check GoldMining's jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to make a quick decision on whether GoldMining's current trending patterns will revert.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in GoldMining are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, GoldMining displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
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Begin Period Cash Flow21.7 M
Total Cashflows From Investing Activities-1 M
  

GoldMining Relative Risk vs. Return Landscape

If you would invest  171.00  in GoldMining on September 15, 2025 and sell it today you would earn a total of  20.00  from holding GoldMining or generate 11.7% return on investment over 90 days. GoldMining is generating 0.2633% of daily returns and assumes 4.3688% volatility on return distribution over the 90 days horizon. Simply put, 39% of stocks are less volatile than GoldMining, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days trading horizon GoldMining is expected to generate 6.24 times more return on investment than the market. However, the company is 6.24 times more volatile than its market benchmark. It trades about 0.06 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.12 per unit of risk.

GoldMining Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for GoldMining's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as GoldMining, and traders can use it to determine the average amount a GoldMining'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 = 0.0603

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Estimated Market Risk

 4.37
  actual daily
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61% of assets are more volatile

Expected Return

 0.26
  actual daily
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95% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average GoldMining is performing at about 4% 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 GoldMining by adding it to a well-diversified portfolio.

GoldMining Fundamentals Growth

GoldMining Stock prices reflect investors' perceptions of the future prospects and financial health of GoldMining, and GoldMining 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 GoldMining Stock performance.

About GoldMining Performance

By examining GoldMining's fundamental ratios, stakeholders can obtain critical insights into GoldMining'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 GoldMining 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 ReportedProjected for Next Year
Days Of Inventory On Hand 417.84  371.42 
Return On Tangible Assets(0.19)(0.20)
Return On Capital Employed(0.20)(0.21)
Return On Assets(0.19)(0.20)
Return On Equity(0.20)(0.21)

Things to note about GoldMining performance evaluation

Checking the ongoing alerts about GoldMining for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for GoldMining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
GoldMining may become a speculative penny stock
GoldMining had very high historical volatility over the last 90 days
GoldMining has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (27.35 M) with profit before overhead, payroll, taxes, and interest of 0.
GoldMining has accumulated about 8 M in cash with (22.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
Latest headline from news.google.com: Should This Gold Mining Stock Be on Your TFSA Buy List - Yahoo Finance Canada
Evaluating GoldMining's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate GoldMining's stock performance include:
  • Analyzing GoldMining'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 GoldMining's stock is overvalued or undervalued compared to its peers.
  • Examining GoldMining'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 GoldMining's management team can have a significant impact on its success or failure. Reviewing the track record and experience of GoldMining's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of GoldMining's stock. These opinions can provide insight into GoldMining's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating GoldMining's stock performance is not an exact science, and many factors can impact GoldMining's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
When determining whether GoldMining is a strong investment it is important to analyze GoldMining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GoldMining's future performance. For an informed investment choice regarding GoldMining Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoldMining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
To learn how to invest in GoldMining Stock, please use our How to Invest in GoldMining guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Please note, there is a significant difference between GoldMining's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoldMining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoldMining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.