District Metals Corp Stock Performance
| DMX Stock | CAD 0.38 0.02 5.56% |
On a scale of 0 to 100, District Metals holds a performance score of 10. The firm shows a Beta (market volatility) of 1.04, which means a somewhat significant risk relative to the market. District Metals returns are very sensitive to returns on the market. As the market goes up or down, District Metals is expected to follow. Please check District Metals' maximum drawdown and the relationship between the semi variance and day typical price , to make a quick decision on whether District Metals' price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in District Metals Corp are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, District Metals showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:2 | Last Split Date 2016-06-27 |
1 | District Provides Notice to Shareholders who Seek to Transfer Shares in Preparation for Nasdaq First North Growth Listing - StockTitan | 09/24/2024 |
2 | District Metals Pursues Nasdaq First North Listing - TipRanks | 11/18/2024 |
| Begin Period Cash Flow | 1.5 M |
District |
District Metals Relative Risk vs. Return Landscape
If you would invest 28.00 in District Metals Corp on September 1, 2024 and sell it today you would earn a total of 10.00 from holding District Metals Corp or generate 35.71% return on investment over 90 days. District Metals Corp is currently producing 0.5681% returns and takes up 4.1063% volatility of returns over 90 trading days. Put another way, 36% of traded stocks are less volatile than District, and 89% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
District Metals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for District Metals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as District Metals Corp, and traders can use it to determine the average amount a District Metals' 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 = 0.1383
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Estimated Market Risk
| 4.11 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average District Metals 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 District Metals by adding it to a well-diversified portfolio.
District Metals Fundamentals Growth
District Stock prices reflect investors' perceptions of the future prospects and financial health of District Metals, and District Metals 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 District Stock performance.
| Return On Equity | -0.24 | ||||
| Return On Asset | -0.14 | ||||
| Current Valuation | 43.61 M | ||||
| Shares Outstanding | 130.57 M | ||||
| Price To Book | 3.88 X | ||||
| Gross Profit | (15.65 K) | ||||
| EBITDA | (1.21 M) | ||||
| Net Income | (1.32 M) | ||||
| Cash And Equivalents | 5.04 M | ||||
| Cash Per Share | 0.07 X | ||||
| Total Debt | 119.24 K | ||||
| Current Ratio | 15.98 X | ||||
| Book Value Per Share | 0.1 X | ||||
| Cash Flow From Operations | (848.43 K) | ||||
| Earnings Per Share | (0.02) X | ||||
| Market Capitalization | 49.62 M | ||||
| Total Asset | 10.12 M | ||||
| Retained Earnings | (61.2 M) | ||||
| Working Capital | 2.52 M | ||||
About District Metals Performance
Evaluating District Metals' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if District Metals 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 District Metals has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 154.6 K | 137.4 K | |
| Return On Tangible Assets | (0.19) | (0.20) | |
| Return On Capital Employed | (0.19) | (0.18) | |
| Return On Assets | (0.19) | (0.20) | |
| Return On Equity | (0.21) | (0.20) |
Things to note about District Metals Corp performance evaluation
Checking the ongoing alerts about District Metals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for District Metals Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| District Metals Corp has some characteristics of a very speculative penny stock | |
| District Metals Corp appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (1.32 M) with loss before overhead, payroll, taxes, and interest of (15.65 K). | |
| District Metals Corp has accumulated about 5.04 M in cash with (848.43 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07. | |
| Latest headline from news.google.com: District Metals Pursues Nasdaq First North Listing - TipRanks |
- Analyzing District Metals' 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 District Metals' stock is overvalued or undervalued compared to its peers.
- Examining District Metals' 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 District Metals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of District Metals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of District Metals' stock. These opinions can provide insight into District Metals' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for District Stock Analysis
When running District Metals' price analysis, check to measure District Metals' 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 District Metals is operating at the current time. Most of District Metals' value examination focuses on studying past and present price action to predict the probability of District Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move District Metals' price. Additionally, you may evaluate how the addition of District Metals to your portfolios can decrease your overall portfolio volatility.