Asiabasemetals Stock Performance
| ABZ Stock | CAD 0.09 0.01 6.25% |
Asiabasemetals has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0771, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Asiabasemetals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Asiabasemetals is expected to be smaller as well. Asiabasemetals right now shows a risk of 5.82%. Please confirm Asiabasemetals jensen alpha, as well as the relationship between the skewness and day median price , to decide if Asiabasemetals will be following its price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Asiabasemetals are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable basic indicators, Asiabasemetals is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
Last Split Factor 3:2 | Last Split Date 2018-07-12 |
| Begin Period Cash Flow | 40.2 K |
Asiabasemetals |
Asiabasemetals Relative Risk vs. Return Landscape
If you would invest 9.00 in Asiabasemetals on August 31, 2024 and sell it today you would lose (0.50) from holding Asiabasemetals or give up 5.56% of portfolio value over 90 days. Asiabasemetals is currently producing 0.0789% returns and takes up 5.8161% volatility of returns over 90 trading days. Put another way, 51% of traded stocks are less volatile than Asiabasemetals, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Asiabasemetals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asiabasemetals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Asiabasemetals, and traders can use it to determine the average amount a Asiabasemetals' 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 = 0.0136
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Estimated Market Risk
| 5.82 actual daily | 51 51% of assets are less volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Asiabasemetals is performing at about 1% 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 Asiabasemetals by adding it to a well-diversified portfolio.
Asiabasemetals Fundamentals Growth
Asiabasemetals Stock prices reflect investors' perceptions of the future prospects and financial health of Asiabasemetals, and Asiabasemetals 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 Asiabasemetals Stock performance.
| Return On Equity | -133.88 | |||
| Return On Asset | -3.11 | |||
| Current Valuation | 4.2 M | |||
| Shares Outstanding | 49.4 M | |||
| Price To Earning | (6.11) X | |||
| Price To Book | 95.50 X | |||
| Gross Profit | (4.45 K) | |||
| EBITDA | (565.58 K) | |||
| Net Income | (663.1 K) | |||
| Cash And Equivalents | 175.39 K | |||
| Total Debt | 415.52 K | |||
| Current Ratio | 7.44 X | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (35.19 K) | |||
| Earnings Per Share | (0.01) X | |||
| Market Capitalization | 4.2 M | |||
| Total Asset | 20.81 K | |||
| Retained Earnings | (6.78 M) | |||
| Working Capital | (408.2 K) | |||
About Asiabasemetals Performance
Evaluating Asiabasemetals' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Asiabasemetals has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Asiabasemetals has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | -1.5 K | -1.6 K | |
| Return On Tangible Assets | (36.64) | (34.81) | |
| Return On Capital Employed | 1.31 | 1.24 | |
| Return On Assets | (36.64) | (34.81) | |
| Return On Equity | 1.51 | 1.44 |
Things to note about Asiabasemetals performance evaluation
Checking the ongoing alerts about Asiabasemetals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Asiabasemetals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Asiabasemetals had very high historical volatility over the last 90 days | |
| Asiabasemetals has some characteristics of a very speculative penny stock | |
| Asiabasemetals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (663.1 K) with loss before overhead, payroll, taxes, and interest of (4.45 K). | |
| Asiabasemetals has accumulated about 175.39 K in cash with (35.19 K) of positive cash flow from operations. | |
| Roughly 67.0% of the company shares are held by company insiders |
- Analyzing Asiabasemetals' 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 Asiabasemetals' stock is overvalued or undervalued compared to its peers.
- Examining Asiabasemetals' 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 Asiabasemetals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Asiabasemetals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Asiabasemetals' stock. These opinions can provide insight into Asiabasemetals' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Asiabasemetals Stock Analysis
When running Asiabasemetals' price analysis, check to measure Asiabasemetals' 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 Asiabasemetals is operating at the current time. Most of Asiabasemetals' value examination focuses on studying past and present price action to predict the probability of Asiabasemetals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asiabasemetals' price. Additionally, you may evaluate how the addition of Asiabasemetals to your portfolios can decrease your overall portfolio volatility.