Fireweed Zinc Stock Buy Hold or Sell Recommendation
| FWZ Stock | CAD 1.39 0.07 5.30% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Fireweed Zinc is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Fireweed Zinc given historical horizon and risk tolerance towards Fireweed Zinc. When Macroaxis issues a 'buy' or 'sell' recommendation for Fireweed Zinc, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Fireweed Zinc 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. Note, we conduct extensive research on individual companies such as Fireweed and provide practical buy, sell, or hold advice based on investors' constraints. Fireweed Zinc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Fireweed |
Execute Fireweed Zinc Buy or Sell Advice
The Fireweed recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Fireweed Zinc. Macroaxis does not own or have any residual interests in Fireweed Zinc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Fireweed Zinc's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Very risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Fireweed Zinc Trading Alerts and Improvement Suggestions
| Fireweed Zinc may become a speculative penny stock | |
| Fireweed Zinc has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (33.26 M) with loss before overhead, payroll, taxes, and interest of (5.5 K). | |
| Fireweed Zinc has accumulated about 5.6 M in cash with (36.51 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15. | |
| Roughly 34.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Fireweed Metals Wins Award for Sustainable Mining - TipRanks |
Fireweed Zinc Returns Distribution Density
The distribution of Fireweed Zinc's historical returns is an attempt to chart the uncertainty of Fireweed Zinc's future price movements. The chart of the probability distribution of Fireweed Zinc daily returns describes the distribution of returns around its average expected value. We use Fireweed Zinc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Fireweed Zinc returns is essential to provide solid investment advice for Fireweed Zinc.
| Mean Return | 0.04 | Value At Risk | -4.55 | Potential Upside | 4.62 | Standard Deviation | 2.72 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Fireweed Zinc 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.
Fireweed Zinc Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (792.0K) | 1.5M | 5.9M | 31.7M | (20.7M) | (19.6M) | |
| Free Cash Flow | (5.8M) | (6.9M) | (8.8M) | (15.3M) | (37.9M) | (36.0M) | |
| Depreciation | 5.9K | 16.0K | 42.7K | 40.5K | 460.8K | 483.9K | |
| Other Non Cash Items | (596.2K) | (764.5K) | (736.0K) | (2.9M) | (3.2M) | (3.0M) | |
| Capital Expenditures | 4.6M | 667.7K | 99.7K | 338.6K | 1.4M | 1.7M | |
| Net Income | (1.4M) | (5.6M) | (8.9M) | (13.5M) | (33.3M) | (31.6M) | |
| Change To Netincome | 519.9K | (215.9K) | (387.3K) | (298.1K) | (268.2K) | (254.8K) | |
| Investments | (4.6M) | (667.7K) | (99.7K) | (1.8M) | (1.4M) | (1.5M) | |
| End Period Cash Flow | 783.8K | 2.3M | 8.2M | 39.9M | 19.2M | 10.1M |
Fireweed Zinc 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 Fireweed Zinc 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 Fireweed Zinc'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 Fireweed 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 Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.68 | |
σ | Overall volatility | 2.54 | |
Ir | Information ratio | -0.03 |
Fireweed Zinc Volatility Alert
Fireweed Zinc currently demonstrates below-average downside deviation. It has Information Ratio of -0.03 and Jensen Alpha of -0.05. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Fireweed Zinc's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Fireweed Zinc's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Fireweed Zinc Fundamentals Vs Peers
Comparing Fireweed Zinc'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 Fireweed Zinc's direct or indirect competition across all of the common fundamentals between Fireweed Zinc and the related equities. This way, we can detect undervalued stocks with similar characteristics as Fireweed Zinc or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Fireweed Zinc's fundamental indicators could also be used in its relative valuation, which is a method of valuing Fireweed Zinc by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Fireweed Zinc to competition |
| Fundamentals | Fireweed Zinc | Peer Average |
| Return On Equity | -0.82 | -0.31 |
| Return On Asset | -0.45 | -0.14 |
| Current Valuation | 192.67 M | 16.62 B |
| Shares Outstanding | 179.41 M | 571.82 M |
| Shares Owned By Insiders | 33.67 % | 10.09 % |
| Shares Owned By Institutions | 2.51 % | 39.21 % |
| Number Of Shares Shorted | 78.43 K | 4.71 M |
| Price To Book | 4.45 X | 9.51 X |
| Gross Profit | (5.5 K) | 27.38 B |
| EBITDA | (40.88 M) | 3.9 B |
| Net Income | (33.26 M) | 570.98 M |
| Cash And Equivalents | 5.6 M | 2.7 B |
| Cash Per Share | 0.15 X | 5.01 X |
| Total Debt | 756.9 K | 5.32 B |
| Debt To Equity | 0.70 % | 48.70 % |
| Current Ratio | 16.58 X | 2.16 X |
| Book Value Per Share | 0.31 X | 1.93 K |
| Cash Flow From Operations | (36.51 M) | 971.22 M |
| Short Ratio | 0.54 X | 4.00 X |
| Earnings Per Share | (0.27) X | 3.12 X |
| Target Price | 1.77 | |
| Beta | 1.08 | -0.15 |
| Market Capitalization | 236.82 M | 19.03 B |
| Total Asset | 39.46 M | 29.47 B |
| Retained Earnings | (80.49 M) | 9.33 B |
| Working Capital | 13.97 M | 1.48 B |
| Net Asset | 39.46 M |
Fireweed Zinc Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Fireweed . 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 Fireweed Zinc Buy or Sell Advice
When is the right time to buy or sell Fireweed Zinc? Buying financial instruments such as Fireweed 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 Fireweed Zinc 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 Financials Thematic Idea Now
Financials
Companies that provide financial services to business or retail customers. The Financials theme has 20 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 Financials Theme or any other thematic opportunities.
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Additional Tools for Fireweed Stock Analysis
When running Fireweed Zinc's price analysis, check to measure Fireweed Zinc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fireweed Zinc is operating at the current time. Most of Fireweed Zinc's value examination focuses on studying past and present price action to predict the probability of Fireweed Zinc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fireweed Zinc's price. Additionally, you may evaluate how the addition of Fireweed Zinc to your portfolios can decrease your overall portfolio volatility.