Conifex Timber Stock Performance
| CFXTF Stock | USD 0.33 0.05 17.86% |
Conifex Timber holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Conifex Timber are expected to decrease at a much lower rate. During the bear market, Conifex Timber is likely to outperform the market. Use Conifex Timber variance, kurtosis, as well as the relationship between the Kurtosis and day typical price , to analyze future returns on Conifex Timber.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Conifex Timber are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite nearly unfluctuating basic indicators, Conifex Timber reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 14.8 M | |
| Total Cashflows From Investing Activities | -5.8 M |
Conifex |
Conifex Timber Relative Risk vs. Return Landscape
If you would invest 6.10 in Conifex Timber on August 31, 2024 and sell it today you would earn a total of 26.90 from holding Conifex Timber or generate 440.98% return on investment over 90 days. Conifex Timber is currently producing 5.9711% returns and takes up 45.224% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Conifex, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Conifex Timber Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Conifex Timber's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Conifex Timber, and traders can use it to determine the average amount a Conifex Timber'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 = 0.132
| Best Portfolio | Best Equity | CFXTF | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 45.22 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Conifex Timber is performing at about 10% 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 Conifex Timber by adding it to a well-diversified portfolio.
Conifex Timber Fundamentals Growth
Conifex Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Conifex Timber, and Conifex Timber 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 Conifex Pink Sheet performance.
| Return On Equity | 0.15 | |||
| Return On Asset | 0.0816 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 73.65 M | |||
| Shares Outstanding | 40 M | |||
| Price To Earning | 2.87 X | |||
| Price To Book | 0.45 X | |||
| Price To Sales | 0.18 X | |||
| Revenue | 250.53 M | |||
| EBITDA | 51.49 M | |||
| Cash And Equivalents | 40.4 M | |||
| Cash Per Share | 1.00 X | |||
| Total Debt | 53.67 M | |||
| Debt To Equity | 0.39 % | |||
| Book Value Per Share | 3.66 X | |||
| Cash Flow From Operations | 26.74 M | |||
| Earnings Per Share | 0.42 X | |||
| Total Asset | 231.46 M | |||
About Conifex Timber Performance
By analyzing Conifex Timber's fundamental ratios, stakeholders can gain valuable insights into Conifex Timber's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Conifex Timber 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 Conifex Timber has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Conifex Timber Inc. primarily manufactures and sells lumber products in the United States, China, Canada, Japan, and internationally. Conifex Timber Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada. Conifex Timber operates under Lumber Wood Production classification in the United States and is traded on OTC Exchange. It employs 287 people.Things to note about Conifex Timber performance evaluation
Checking the ongoing alerts about Conifex Timber for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Conifex Timber help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Conifex Timber is way too risky over 90 days horizon | |
| Conifex Timber has some characteristics of a very speculative penny stock | |
| Conifex Timber appears to be risky and price may revert if volatility continues |
- Analyzing Conifex Timber'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 Conifex Timber's stock is overvalued or undervalued compared to its peers.
- Examining Conifex Timber'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 Conifex Timber's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Conifex Timber's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Conifex Timber's pink sheet. These opinions can provide insight into Conifex Timber's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Conifex Pink Sheet analysis
When running Conifex Timber's price analysis, check to measure Conifex Timber'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 Conifex Timber is operating at the current time. Most of Conifex Timber's value examination focuses on studying past and present price action to predict the probability of Conifex Timber's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Conifex Timber's price. Additionally, you may evaluate how the addition of Conifex Timber to your portfolios can decrease your overall portfolio volatility.
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities |