Arras Minerals Corp Stock Performance
| ARRKF Stock | USD 0.24 0.01 4.35% |
The firm shows a Beta (market volatility) of 0.0423, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Arras Minerals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Arras Minerals is expected to be smaller as well. Arras Minerals Corp right now shows a risk of 5.1%. Please confirm Arras Minerals Corp treynor ratio and the relationship between the downside variance and day typical price , to decide if Arras Minerals Corp will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Arras Minerals Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable forward-looking signals, Arras Minerals is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
Arras |
Arras Minerals Relative Risk vs. Return Landscape
If you would invest 25.00 in Arras Minerals Corp on September 1, 2024 and sell it today you would lose (1.00) from holding Arras Minerals Corp or give up 4.0% of portfolio value over 90 days. Arras Minerals Corp is currently producing 0.0619% returns and takes up 5.0959% volatility of returns over 90 trading days. Put another way, 45% of traded otc stocks are less volatile than Arras, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Arras Minerals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arras Minerals' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Arras Minerals Corp, and traders can use it to determine the average amount a Arras Minerals' 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 = 0.0121
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Estimated Market Risk
| 5.1 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Arras Minerals 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 Arras Minerals by adding Arras Minerals to a well-diversified portfolio.
Arras Minerals Fundamentals Growth
Arras OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Arras Minerals, and Arras Minerals 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 Arras OTC Stock performance.
| Current Valuation | 15.69 M | |||
| Shares Outstanding | 68.5 M | |||
About Arras Minerals Performance
By analyzing Arras Minerals' fundamental ratios, stakeholders can gain valuable insights into Arras Minerals' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Arras Minerals 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 Arras Minerals has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Arras Mineral Corp. engages in the acquisition, exploration, evaluation, and development of resource properties. Arras Mineral Corp. was incorporated in 2021 and is headquartered in Vancouver, Canada. Arras Minerals is traded on OTC Exchange in the United States.Things to note about Arras Minerals Corp performance evaluation
Checking the ongoing alerts about Arras Minerals for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Arras Minerals Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Arras Minerals Corp had very high historical volatility over the last 90 days | |
| Arras Minerals Corp has some characteristics of a very speculative penny stock | |
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- Analyzing Arras Minerals' 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 Arras Minerals' stock is overvalued or undervalued compared to its peers.
- Examining Arras Minerals' 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 Arras Minerals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Arras Minerals' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Arras Minerals' otc stock. These opinions can provide insight into Arras Minerals' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Arras OTC Stock analysis
When running Arras Minerals' price analysis, check to measure Arras Minerals' 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 Arras Minerals is operating at the current time. Most of Arras Minerals' value examination focuses on studying past and present price action to predict the probability of Arras Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arras Minerals' price. Additionally, you may evaluate how the addition of Arras Minerals to your portfolios can decrease your overall portfolio volatility.
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