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CTGO Stock Analysis

Data source: Trade-Ideas Alerts | 1 alerts analyzed | Backtest period: 2023-07-24 → 2023-07-24

⚠️ Small sample size (1 alerts). Statistics may have high variance. Interpret with caution.

🏢 Company Profile

Contango ORE, Inc. GOLD AND SILVER ORES (SIC 1040)
📍 NYSE American 📅 IPO: Nov 24, 2021 🔗 www.contangoore.com
💰 Market Cap: $490.7M 👥 Employees: 12
Contango Ore Inc operates in the United States. The company is engaged in the exploration of gold, silver, and copper ores in the State of Alaska. The company's focus is the exploration of a mineral lease with the Native Village of Tetlin whose governmental entity is the Tetlin Tribal Council for the exploration of minerals near Tok, Alaska. It has formed a joint venture to advance exploration of the Tetlin Property, which is prospective for gold and associated minerals. The Peak Gold JV Property is located in the Tetlin Hills and Mentasta Mountains of eastern interior Alaska. Its exploration projects are Lucky Shot, Johnson Tract, Eagle, Hona, Shamrock, and Triple Z.
📊
1
Total Alerts
🎯
0.0%
Win Rate (5MIN)
💰
-2.00%
Avg Gain (5MIN)
🔥
-2.00%
Best Trade

📈 Performance by Timeframe

5MIN

Win Rate: 0.0%
Avg Gain: -2.00%
Avg Winner: +0.00%
Avg Loser: -2.00%
Best: -2.00%
Worst: -2.00%
Trades: 0/1

15MIN

Win Rate: 0.0%
Avg Gain: -2.10%
Avg Winner: +0.00%
Avg Loser: -2.10%
Best: -2.10%
Worst: -2.10%
Trades: 0/1

30MIN

Win Rate: 0.0%
Avg Gain: -2.10%
Avg Winner: +0.00%
Avg Loser: -2.10%
Best: -2.10%
Worst: -2.10%
Trades: 0/1

60MIN

Win Rate: 0.0%
Avg Gain: -1.10%
Avg Winner: +0.00%
Avg Loser: -1.10%
Best: -1.10%
Worst: -1.10%
Trades: 0/1

EOD (End of Day)

Win Rate: 0.0%
Avg Gain: -6.64%
Avg Winner: +0.00%
Avg Loser: -6.64%
Best: -6.64%
Worst: -6.64%
Trades: 0/1

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: +0.00%
Best MFE: +0.00%
Avg Time to MFE: 0 min

On average, CTGO alerts reach +0.00% profit potential within 0 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -0.75%
Worst MAE: -0.75%
Avg Time to MAE: 0 min

Before reaching MFE, expect an average drawdown of 0.75%.

💡 Trading Insight: Based on 1 alerts, CTGO typically reaches +0.00% profit before pulling back. Consider setting profit targets around 0.0% to capture most of the move.

🌅 Premarket Gap Analysis (9:25 → 9:30)

Total Gaps Analyzed 1
Gap Up % 0.0%
Avg Gap -1.10%
Best Gap -1.10%

🏭 Sector Comparison: GOLD AND SILVER ORES

How CTGO compares to 14 other tickers in the same sector.

5-Min Gain
CTGO: -2.00% Sector: -0.32% -1.68%
EOD Gain
CTGO: -6.64% Sector: +146.19% -152.83%
Avg MFE
CTGO: +0.00% Sector: +3.74% -3.74%

📋 Last 20 Alerts

Historical CTGO alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date Time Price 5min 15min 30min 60min EOD MFE MAE Gap Result
2023-07-24 09:29:00 $20.03 -2.00% -2.10% -2.10% -1.10% -6.64% - -0.75% -1.10% LOSS

Table Metrics Explained:

  • 5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
  • MFE: Maximum Favorable Excursion - highest profit potential reached during the day
  • MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
  • Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
  • Result: WIN if 5min change > 0%, LOSS otherwise

⚠️ CTGO Shows Negative Expectancy

With 0.0% win rate and -2.00% average gain, CTGO alerts have historically faded. Use the app to find specific filters that might reverse this pattern, or consider CTGO for short-selling strategies.

📉 Turn Negative Expectancy Positive →

Why Analyze CTGO with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for CTGO. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, CTGO historically offers an average upside of +0.00% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 CTGO Momentum Personality

With a baseline win rate of 0.0%, CTGO shows negative momentum - the stock tends to fade after alerts. This pattern suggests CTGO may be better suited for contrarian strategies or avoiding altogether.

⏱️ Optimized Exit Timing

⚠️ Caution Advised: CTGO shows negative expectancy across all tested intraday timeframes (Best: 5MIN at -2.00%). This suggests CTGO is prone to fading after the open, making it a potential candidate for short-selling or quick scalps only.