Black Iron Stock Performance
| BKIRF Stock | USD 0.06 0 4.92% |
Black Iron holds a performance score of 7 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -1.81, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Black Iron are expected to decrease by larger amounts. On the other hand, during market turmoil, Black Iron is expected to outperform it. Use Black Iron value at risk, rate of daily change, and the relationship between the total risk alpha and expected short fall , to analyze future returns on Black Iron.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Black Iron are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Black Iron reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.7 M | |
| Total Cashflows From Investing Activities | -1882.00 | |
| Free Cash Flow | -5 M |
Black |
Black Iron Relative Risk vs. Return Landscape
If you would invest 3.80 in Black Iron on September 1, 2024 and sell it today you would earn a total of 2.00 from holding Black Iron or generate 52.63% return on investment over 90 days. Black Iron is currently producing 1.3283% returns and takes up 13.9507% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Black, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Black Iron Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Black Iron's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Black Iron, and traders can use it to determine the average amount a Black Iron'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 = 0.0952
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| Average Returns | BKIRF | |||
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Estimated Market Risk
| 13.95 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.33 actual daily | 26 74% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Black Iron is performing at about 7% 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 Black Iron by adding it to a well-diversified portfolio.
Black Iron Fundamentals Growth
Black Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Black Iron, and Black Iron 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 Black Pink Sheet performance.
| Return On Equity | -1.26 | |||
| Return On Asset | -0.62 | |||
| Current Valuation | 10.76 M | |||
| Shares Outstanding | 303.8 M | |||
| Price To Earning | (3.50) X | |||
| Price To Book | 11.49 X | |||
| EBITDA | (5.77 M) | |||
| Cash And Equivalents | 2.86 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 47.09 K | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (4.96 M) | |||
| Earnings Per Share | (0.03) X | |||
| Total Asset | 6.39 M | |||
About Black Iron Performance
By analyzing Black Iron's fundamental ratios, stakeholders can gain valuable insights into Black Iron's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Black Iron 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 Black Iron has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Black Iron Inc. operates as an iron ore exploration and development company. The company was incorporated in 2010 and is headquartered in Toronto, Canada. Black Iron is traded on OTC Exchange in the United States.Things to note about Black Iron performance evaluation
Checking the ongoing alerts about Black Iron for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Black Iron help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Black Iron is way too risky over 90 days horizon | |
| Black Iron has some characteristics of a very speculative penny stock | |
| Black Iron appears to be risky and price may revert if volatility continues | |
| Black Iron has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (5.83 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Black Iron has accumulated about 2.86 M in cash with (4.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
- Analyzing Black Iron'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 Black Iron's stock is overvalued or undervalued compared to its peers.
- Examining Black Iron'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 Black Iron's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Black Iron's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Black Iron's pink sheet. These opinions can provide insight into Black Iron's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Black Pink Sheet analysis
When running Black Iron's price analysis, check to measure Black Iron'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 Black Iron is operating at the current time. Most of Black Iron's value examination focuses on studying past and present price action to predict the probability of Black Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Black Iron's price. Additionally, you may evaluate how the addition of Black Iron to your portfolios can decrease your overall portfolio volatility.
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