Outcrop Gold Corp Stock Buy Hold or Sell Recommendation

OCG Stock  CAD 0.17  0.01  6.25%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Outcrop Gold Corp is 'Not Rated'. Macroaxis provides Outcrop Gold buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding OCG positions. The advice algorithm takes into account all of Outcrop Gold's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Outcrop Gold's buy or sell advice are summarized below:
Real Value
0.0
Hype Value
0.0
Market Value
0.17
Naive Value
0.14
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Outcrop Gold Corp given historical horizon and risk tolerance towards Outcrop Gold. When Macroaxis issues a 'buy' or 'sell' recommendation for Outcrop Gold Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Outcrop Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as Outcrop and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Outcrop Gold Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Execute Outcrop Gold Buy or Sell Advice

The Outcrop recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Outcrop Gold Corp. Macroaxis does not own or have any residual interests in Outcrop Gold Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Outcrop Gold's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Outcrop GoldBuy Outcrop Gold
Strong Sell

Market Performance

Very WeakDetails

Volatility

Out of controlDetails

Hype Condition

Under hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Very HighDetails

Economic Sensitivity

Responds to the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Outcrop Gold Corp has a Mean Deviation of 4.32, Standard Deviation of 6.03 and Variance of 36.31
We provide trade recommendations to complement the recent expert consensus on Outcrop Gold Corp. Our dynamic recommendation engine exercises a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time. To make sure Outcrop Gold is not overpriced, please check all Outcrop Gold Corp fundamentals, including its current ratio and the relationship between the earnings per share and z score .

Outcrop Gold Trading Alerts and Improvement Suggestions

Outcrop Gold Corp generated a negative expected return over the last 90 days
Outcrop Gold Corp has high historical volatility and very poor performance
Outcrop Gold Corp has some characteristics of a very speculative penny stock
Outcrop Gold Corp has a very high chance of going through financial distress in the upcoming years
Net Loss for the year was (9.44 M) with profit before overhead, payroll, taxes, and interest of 0.
Outcrop Gold Corp has accumulated about 1.03 M in cash with (8.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
Roughly 22.0% of the company outstanding shares are owned by corporate insiders
Latest headline from news.google.com: Beauce Gold Fields Recovers Gold Grains from Grondin Outcrop - Marketscreener.com

Outcrop Gold Returns Distribution Density

The distribution of Outcrop Gold's historical returns is an attempt to chart the uncertainty of Outcrop Gold's future price movements. The chart of the probability distribution of Outcrop Gold daily returns describes the distribution of returns around its average expected value. We use Outcrop Gold Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Outcrop Gold returns is essential to provide solid investment advice for Outcrop Gold.
Mean Return
-0.24
Value At Risk
-7.14
Potential Upside
7.14
Standard Deviation
6.03
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Outcrop Gold historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Outcrop Gold Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Outcrop Gold or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Outcrop Gold's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Outcrop stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.07
β
Beta against NYSE Composite-1.45
σ
Overall volatility
6.18
Ir
Information ratio -0.06

Outcrop Gold Volatility Alert

Outcrop Gold Corp is displaying above-average volatility over the selected time horizon. Outcrop Gold Corp is a potential penny stock. Although Outcrop Gold may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Outcrop Gold Corp. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Outcrop instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.

Outcrop Gold Fundamentals Vs Peers

Comparing Outcrop Gold's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Outcrop Gold's direct or indirect competition across all of the common fundamentals between Outcrop Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as Outcrop Gold or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Outcrop Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing Outcrop Gold by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Outcrop Gold to competition
FundamentalsOutcrop GoldPeer Average
Return On Equity-0.81-0.31
Return On Asset-0.43-0.14
Current Valuation43.43 M16.62 B
Shares Outstanding277.31 M571.82 M
Shares Owned By Insiders22.47 %10.09 %
Shares Owned By Institutions0.06 %39.21 %
Number Of Shares Shorted259.89 K4.71 M
Price To Book3.11 X9.51 X
EBITDA(8.75 M)3.9 B
Net Income(9.44 M)570.98 M
Cash And Equivalents1.03 M2.7 B
Cash Per Share0.04 X5.01 X
Current Ratio8.35 X2.16 X
Book Value Per Share0.06 X1.93 K
Cash Flow From Operations(8.76 M)971.22 M
Short Ratio0.43 X4.00 X
Earnings Per Share(0.05) X3.12 X
Target Price0.75
Number Of Employees6018.84 K
Beta1.71-0.15
Market Capitalization44.37 M19.03 B
Total Asset8.93 M29.47 B
Retained Earnings(84.86 M)9.33 B
Working Capital3.14 M1.48 B
Z Score-16.118.72
Net Asset8.93 M

Outcrop Gold Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Outcrop . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Outcrop Gold Buy or Sell Advice

When is the right time to buy or sell Outcrop Gold Corp? Buying financial instruments such as Outcrop Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Total Current Liabilities836.9K507.7K583.9K430.8K
Total Assets6.0M8.9M10.3M6.0M

Use Investing Ideas to Build Portfolios

In addition to having Outcrop Gold in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Healthcare Funds Thematic Idea Now

Healthcare Funds
Healthcare Funds Theme
Funds or Etfs investing in medical and healthcare goods or services as well as hospital management or maintenance organizations. The Healthcare Funds theme has 33 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Healthcare Funds Theme or any other thematic opportunities.
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Check out Outcrop Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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Please note, there is a significant difference between Outcrop Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Outcrop Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Outcrop Gold'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.