Cantex Mine Development Stock Performance
| CTXDF Stock | USD 0.16 0.02 14.29% |
On a scale of 0 to 100, Cantex Mine holds a performance score of 6. The firm shows a Beta (market volatility) of 1.04, which signifies a somewhat significant risk relative to the market. Cantex Mine returns are very sensitive to returns on the market. As the market goes up or down, Cantex Mine is expected to follow. Please check Cantex Mine's sortino ratio and the relationship between the potential upside and day median price , to make a quick decision on whether Cantex Mine's price patterns will revert.
Risk-Adjusted Performance
Mild
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Cantex Mine Development are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile fundamental indicators, Cantex Mine reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 2.1 M | |
| Total Cashflows From Investing Activities | -2567.00 |
Cantex |
Cantex Mine Relative Risk vs. Return Landscape
If you would invest 13.00 in Cantex Mine Development on November 14, 2025 and sell it today you would earn a total of 3.00 from holding Cantex Mine Development or generate 23.08% return on investment over 90 days. Cantex Mine Development is currently producing 0.527% returns and takes up 6.3481% volatility of returns over 90 trading days. Put another way, 57% of traded otc stocks are less volatile than Cantex, and 90% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Cantex Mine Target Price Odds to finish over Current Price
The tendency of Cantex OTC Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.16 | 90 days | 0.16 | near 1 |
Based on a normal probability distribution, the odds of Cantex Mine to move above the current price in 90 days from now is near 1 (This Cantex Mine Development probability density function shows the probability of Cantex OTC Stock to fall within a particular range of prices over 90 days) .
Cantex Mine Price Density |
| Price |
Predictive Modules for Cantex Mine
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cantex Mine Development. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cantex Mine's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Cantex Mine Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cantex Mine is not an exception. The market had few large corrections towards the Cantex Mine's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Cantex Mine Development, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cantex Mine within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.44 | |
β | Beta against Dow Jones | 1.04 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.07 |
Cantex Mine Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Cantex Mine for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cantex Mine Development can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cantex Mine is way too risky over 90 days horizon | |
| Cantex Mine has some characteristics of a very speculative penny stock | |
| Cantex Mine appears to be risky and price may revert if volatility continues | |
| Cantex Mine has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (7.97 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Cantex Mine Development has accumulated about 6.15 M in cash with (7.57 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08. | |
| Roughly 30.0% of the company shares are held by company insiders |
Cantex Mine Fundamentals Growth
Cantex OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Cantex Mine, and Cantex Mine 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 Cantex OTC Stock performance.
| Return On Equity | -7.08 | |||
| Return On Asset | -1.66 | |||
| Current Valuation | 9.02 M | |||
| Shares Outstanding | 86.65 M | |||
| Price To Earning | 4.64 X | |||
| Price To Book | 5.94 X | |||
| EBITDA | (8.09 M) | |||
| Cash And Equivalents | 6.15 M | |||
| Cash Per Share | 0.08 X | |||
| Total Debt | 47.89 K | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (7.57 M) | |||
| Earnings Per Share | (0.08) X | |||
| Total Asset | 4.68 M | |||
About Cantex Mine Performance
By analyzing Cantex Mine's fundamental ratios, stakeholders can gain valuable insights into Cantex Mine's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Cantex Mine 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 Cantex Mine has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Cantex Mine Development Corp. engages in the acquisition, exploration, and development of mineral properties in Canada, Yemen, and the United States. Cantex Mine Development Corp. is headquartered in Kelowna, Canada. Cantex Mine is traded on OTC Exchange in the United States.Things to note about Cantex Mine Development performance evaluation
Checking the ongoing alerts about Cantex Mine for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Cantex Mine Development help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cantex Mine is way too risky over 90 days horizon | |
| Cantex Mine has some characteristics of a very speculative penny stock | |
| Cantex Mine appears to be risky and price may revert if volatility continues | |
| Cantex Mine has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (7.97 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Cantex Mine Development has accumulated about 6.15 M in cash with (7.57 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08. | |
| Roughly 30.0% of the company shares are held by company insiders |
- Analyzing Cantex Mine'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 Cantex Mine's stock is overvalued or undervalued compared to its peers.
- Examining Cantex Mine'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 Cantex Mine's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cantex Mine's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Cantex Mine's otc stock. These opinions can provide insight into Cantex Mine's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Cantex OTC Stock analysis
When running Cantex Mine's price analysis, check to measure Cantex Mine'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 Cantex Mine is operating at the current time. Most of Cantex Mine's value examination focuses on studying past and present price action to predict the probability of Cantex Mine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cantex Mine's price. Additionally, you may evaluate how the addition of Cantex Mine to your portfolios can decrease your overall portfolio volatility.
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