Athena OTC Stock Buy Hold or Sell Recommendation

AHNR
 Stock
  

USD 0.05  0.0031  6.20%   

Given the investment horizon of 90 days and your way above-average risk tolerance, our recommendation regarding Athena Gold Corp is 'Strong Sell'. Macroaxis provides Athena Gold buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AHNR positions. The advice algorithm takes into account all of Athena Gold's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Athena Gold's buy-and-hold perspective. Please continue to Athena 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. We conduct extensive research on individual companies such as Athena and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Athena Gold Corp.

Execute Athena Gold Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Athena GoldBuy Athena Gold
Strong Sell

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Not Available
Details

Reporting Quality (M-Score)

Details
For the selected time horizon Athena Gold Corp has a Mean Deviation of 6.01, Semi Deviation of 7.55, Standard Deviation of 12.06, Variance of 145.33, Downside Variance of 320.76 and Semi Variance of 57.04
We provide trade advice to complement the prevailing expert consensus on Athena Gold Corp. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Athena Gold is not overpriced, please confirm all Athena Gold Corp fundamentals, including its ebitda and the relationship between the current ratio and current asset . As Athena Gold Corp appears to be a penny stock we also recommend to validate its price to book numbers.

Athena Gold Trading Alerts and Improvement Suggestions

Athena Gold Corp has very high historical volatility over the last 90 days
Athena Gold Corp has some characteristics of a very speculative penny stock
Athena Gold Corp has high likelihood to experience some financial distress in the next 2 years
The company currently holds 26.1 K in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Athena Gold Corp has a current ratio of 0.84, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Athena Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Athena 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 Athena Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Athena to invest in growth at high rates of return. When we think about Athena Gold's use of debt, we should always consider it together with cash and equity.
Net Loss for the year was (1.03 M) with profit before overhead, payroll, taxes, and interest of 0.
Athena Gold Corp currently holds about 31.46 K in cash with (656.64 K) of positive cash flow from operations.
Roughly 74.0% of Athena Gold shares are held by company insiders

Athena Gold Returns Distribution Density

The distribution of Athena Gold's historical returns is an attempt to chart the uncertainty of Athena Gold's future price movements. The chart of the probability distribution of Athena Gold stock daily returns describes the distribution of returns around its average expected value. We use Athena Gold Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Athena Gold returns is essential to provide solid investment advice for Athena Gold.
Mean Return0.23Value At Risk-16.67
Potential Upside20.00Standard Deviation12.06
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Athena 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.

Athena 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 Athena Gold or Basic Materials 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 Athena Gold's price will be affected by overall otc 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 Athena otc'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
0.13
β
Beta against NYSE Composite1.32
σ
Overall volatility
11.69
Ir
Information ratio 0.0126

Athena Gold Volatility Alert

Athena Gold Corp is showing large volatility of returns over the selected time horizon. We encourage all investors to investigate this asset further to ensure that related market timing strategies are aligned with all the expectations about Athena Gold implied risk. Athena Gold Corp is a penny stock. Although Athena Gold may be in fact a good investment, many penny otc stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Athena Gold Corp. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Athena instrument if you perfectly time your entry and exit. However, remember that penny otcs 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.

Athena Gold Fundamentals Vs Peers

Comparing Athena 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 Athena Gold's direct or indirect competition across all of the common fundamentals between Athena Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as Athena Gold or determine the otc stocks which would be an excellent addition to an existing portfolio. Peer analysis of Athena Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing Athena Gold by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Athena Gold to competition
FundamentalsAthena GoldPeer Average
Return On Equity(0.17) %(0.31) %
Return On Asset(0.19) %(0.14) %
Current Valuation7.08 M16.62 B
Shares Outstanding136.09 M571.82 M
Shares Owned by Insiders74.03 %10.09 %
Price to Earning(9.50) X28.72 X
Price to Book1.33 X9.51 X
EBITDA(1.02 M)3.9 B
Net Income(1.03 M)570.98 M
Cash and Equivalents31.46 K2.7 B
Total Debt26.1 K5.32 B
Debt to Equity0.005 %48.70 %
Current Ratio0.86 X2.16 X
Book Value Per Share0.04 X1.93 K
Cash Flow from Operations(656.64 K)971.22 M
Earnings Per Share(0.006) X3.12 X
Number of Employees418.84 K
Beta0.13-0.15
Market Capitalization7.21 M19.03 B
Total Asset6.12 M29.47 B
Retained Earnings(6.8 M)9.33 B
Working Capital(2.12 M)1.48 B
Current Asset3 K9.34 B
Current Liabilities2.12 M7.9 B
Z Score92.48.72
Net Asset6.12 M
   Purchase by Gibbs John D of 860200 shares of ATHENA GOLD [view details]

About Athena Gold Buy or Sell Advice

When is the right time to buy or sell Athena Gold Corp? Buying financial instruments such as Athena OTC 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.

Use Investing Ideas to Build Portfolios

In addition to having Athena 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.

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Investing
Investing Theme
Companies involved in money management and investment banking services. The Investing theme has 40 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 Investing Theme or any other thematic opportunities.
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Please continue to Athena 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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