Mcchip Resources Stock Performance
| MCCHF Stock | USD 0.45 0.00 0.00% |
The company owns a Beta (Systematic Risk) of -0.28, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning McChip Resources are expected to decrease at a much lower rate. During the bear market, McChip Resources is likely to outperform the market. At this point, McChip Resources has a negative expected return of -0.16%. Please make sure to verify McChip Resources' variance, as well as the relationship between the maximum drawdown and rate of daily change , to decide if McChip Resources performance from the past will be repeated at some future point.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days McChip Resources has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Stock's technical indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
| Begin Period Cash Flow | 452.6 K | |
| Total Cashflows From Investing Activities | -86.5 K |
McChip |
McChip Resources Relative Risk vs. Return Landscape
If you would invest 50.00 in McChip Resources on August 27, 2024 and sell it today you would lose (5.00) from holding McChip Resources or give up 10.0% of portfolio value over 90 days. McChip Resources is currently producing negative expected returns and takes up 1.25% volatility of returns over 90 trading days. Put another way, 11% of traded pink sheets are less volatile than McChip, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
McChip Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for McChip Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as McChip Resources, and traders can use it to determine the average amount a McChip Resources' 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 = -0.125
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| Negative Returns | MCCHF |
Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average McChip Resources 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 McChip Resources by adding McChip Resources to a well-diversified portfolio.
McChip Resources Fundamentals Growth
McChip Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of McChip Resources, and McChip Resources 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 McChip Pink Sheet performance.
| Return On Equity | 0.16 | |||
| Return On Asset | 0.0879 | |||
| Profit Margin | 0.58 % | |||
| Operating Margin | 0.55 % | |||
| Current Valuation | (1.09 M) | |||
| Shares Outstanding | 5.71 M | |||
| Price To Earning | 2.03 X | |||
| Price To Book | 0.55 X | |||
| Price To Sales | 1.61 X | |||
| Revenue | 694.96 K | |||
| EBITDA | (161.61 K) | |||
| Cash And Equivalents | 6.74 M | |||
| Cash Per Share | 1.18 X | |||
| Total Debt | 718.93 K | |||
| Debt To Equity | 0.09 % | |||
| Book Value Per Share | 1.38 X | |||
| Cash Flow From Operations | 163.23 K | |||
| Earnings Per Share | 0.16 X | |||
| Total Asset | 9.65 M | |||
About McChip Resources Performance
By analyzing McChip Resources' fundamental ratios, stakeholders can gain valuable insights into McChip Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if McChip Resources 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 McChip Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
McChip Resources Inc. operates in the natural resource industry in Canada. McChip Resources Inc. was incorporated in 1935 and is based in Toronto, Canada. Mcchip Resources is traded on OTC Exchange in the United States.Things to note about McChip Resources performance evaluation
Checking the ongoing alerts about McChip Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for McChip Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| McChip Resources generated a negative expected return over the last 90 days | |
| McChip Resources has some characteristics of a very speculative penny stock | |
| About 51.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing McChip Resources' 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 McChip Resources' stock is overvalued or undervalued compared to its peers.
- Examining McChip Resources' 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 McChip Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of McChip Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of McChip Resources' pink sheet. These opinions can provide insight into McChip Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for McChip Pink Sheet analysis
When running McChip Resources' price analysis, check to measure McChip Resources' 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 McChip Resources is operating at the current time. Most of McChip Resources' value examination focuses on studying past and present price action to predict the probability of McChip Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McChip Resources' price. Additionally, you may evaluate how the addition of McChip Resources to your portfolios can decrease your overall portfolio volatility.
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