Ardiden Limited Stock Performance
| ARDDF Stock | USD 0.05 0.04 41.18% |
The firm shows a Beta (market volatility) of -0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ardiden are expected to decrease at a much lower rate. During the bear market, Ardiden is likely to outperform the market. At this point, Ardiden Limited has a negative expected return of -0.64%. Please make sure to confirm Ardiden's standard deviation and the relationship between the jensen alpha and day typical price , to decide if Ardiden Limited performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Ardiden Limited has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's fundamental indicators remain nearly stable which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 1.2 M | |
| Total Cashflows From Investing Activities | -1.5 M |
Ardiden |
Ardiden Relative Risk vs. Return Landscape
If you would invest 8.50 in Ardiden Limited on August 29, 2024 and sell it today you would lose (3.50) from holding Ardiden Limited or give up 41.18% of portfolio value over 90 days. Ardiden Limited is currently producing negative expected returns and takes up 5.1471% volatility of returns over 90 trading days. Put another way, 45% of traded pink sheets are less volatile than Ardiden, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Ardiden Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ardiden's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Ardiden Limited, and traders can use it to determine the average amount a Ardiden's 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 = -0.125
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| Negative Returns | ARDDF |
Estimated Market Risk
| 5.15 actual daily | 45 55% of assets are more volatile |
Expected Return
| -0.64 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ardiden is not performing at its full potential. However, 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 Ardiden by adding Ardiden to a well-diversified portfolio.
Ardiden Fundamentals Growth
Ardiden Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Ardiden, and Ardiden 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 Ardiden Pink Sheet performance.
| Return On Equity | 0.13 | |||
| Return On Asset | -0.0527 | |||
| Profit Margin | 1,576 % | |||
| Current Valuation | 11.59 M | |||
| Shares Outstanding | 2.69 B | |||
| Price To Book | 0.61 X | |||
| Price To Sales | 7,952 X | |||
| Revenue | 1.25 K | |||
| EBITDA | (1.79 M) | |||
| Cash And Equivalents | 4.37 M | |||
| Total Debt | 124.57 K | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (1.43 M) | |||
| Total Asset | 27.72 M | |||
About Ardiden Performance
By analyzing Ardiden's fundamental ratios, stakeholders can gain valuable insights into Ardiden's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ardiden 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 Ardiden has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Ardiden Limited engages in the exploration of mineral properties in Australia and Canada. Ardiden Limited was incorporated in 2004 and is based in West Perth, Australia. Ardiden operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Ardiden Limited performance evaluation
Checking the ongoing alerts about Ardiden for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Ardiden Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ardiden Limited generated a negative expected return over the last 90 days | |
| Ardiden Limited has high historical volatility and very poor performance | |
| Ardiden Limited has some characteristics of a very speculative penny stock | |
| Ardiden Limited has accumulated about 4.37 M in cash with (1.43 M) of positive cash flow from operations. | |
| Roughly 13.0% of the company shares are held by company insiders |
- Analyzing Ardiden's 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 Ardiden's stock is overvalued or undervalued compared to its peers.
- Examining Ardiden's 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 Ardiden's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ardiden's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ardiden's pink sheet. These opinions can provide insight into Ardiden's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Ardiden Pink Sheet analysis
When running Ardiden's price analysis, check to measure Ardiden'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 Ardiden is operating at the current time. Most of Ardiden's value examination focuses on studying past and present price action to predict the probability of Ardiden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ardiden's price. Additionally, you may evaluate how the addition of Ardiden to your portfolios can decrease your overall portfolio volatility.
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