Monumental Minerals Corp Stock Performance
| MNMRF Stock | USD 0.03 0 3.23% |
On a scale of 0 to 100, Monumental Minerals holds a performance score of 2. The company secures a Beta (Market Risk) of -2.0, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Monumental Minerals are expected to decrease by larger amounts. On the other hand, during market turmoil, Monumental Minerals is expected to outperform it. Please check Monumental Minerals' treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Monumental Minerals' current price movements will revert.
Risk-Adjusted Performance
2 of 100
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Monumental Minerals Corp are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Monumental Minerals reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 554.5 K |
Monumental |
Monumental Minerals Relative Risk vs. Return Landscape
If you would invest 5.11 in Monumental Minerals Corp on August 28, 2024 and sell it today you would lose (2.11) from holding Monumental Minerals Corp or give up 41.29% of portfolio value over 90 days. Monumental Minerals Corp is currently producing 0.6321% returns and takes up 17.3532% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Monumental, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Monumental Minerals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Monumental Minerals' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Monumental Minerals Corp, and traders can use it to determine the average amount a Monumental Minerals' 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 = 0.0364
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Estimated Market Risk
| 17.35 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.63 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Monumental Minerals is performing at about 2% 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 Monumental Minerals by adding it to a well-diversified portfolio.
Monumental Minerals Fundamentals Growth
Monumental OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Monumental Minerals, and Monumental Minerals 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 Monumental OTC Stock performance.
| Return On Equity | -0.68 | |||
| Return On Asset | -0.32 | |||
| Current Valuation | 1.94 M | |||
| Shares Outstanding | 38.28 M | |||
| Price To Book | 0.92 X | |||
| EBITDA | (2.02 M) | |||
| Cash And Equivalents | 3.48 M | |||
| Cash Per Share | 0.09 X | |||
| Book Value Per Share | 0.16 X | |||
| Cash Flow From Operations | (1.43 M) | |||
| Earnings Per Share | (0.05) X | |||
| Total Asset | 6.36 M | |||
About Monumental Minerals Performance
By analyzing Monumental Minerals' fundamental ratios, stakeholders can gain valuable insights into Monumental Minerals' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Monumental Minerals 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 Monumental Minerals has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Monumental Minerals Corp., an exploration stage company, engages in the acquisition and exploration of mineral properties in Canada and Mexico. Monumental Minerals Corp. was incorporated in 2020 and is headquartered in Vancouver, Canada. Monumental Minerals is traded on OTC Exchange in the United States.Things to note about Monumental Minerals Corp performance evaluation
Checking the ongoing alerts about Monumental Minerals for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Monumental Minerals Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Monumental Minerals is way too risky over 90 days horizon | |
| Monumental Minerals has some characteristics of a very speculative penny stock | |
| Monumental Minerals appears to be risky and price may revert if volatility continues | |
| Monumental Minerals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.44 M) with loss before overhead, payroll, taxes, and interest of (16.11 K). | |
| Monumental Minerals Corp has accumulated about 3.48 M in cash with (1.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Monumental Minerals' 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 Monumental Minerals' stock is overvalued or undervalued compared to its peers.
- Examining Monumental Minerals' 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 Monumental Minerals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Monumental Minerals' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Monumental Minerals' otc stock. These opinions can provide insight into Monumental Minerals' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Monumental OTC Stock analysis
When running Monumental Minerals' price analysis, check to measure Monumental Minerals' 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 Monumental Minerals is operating at the current time. Most of Monumental Minerals' value examination focuses on studying past and present price action to predict the probability of Monumental Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Monumental Minerals' price. Additionally, you may evaluate how the addition of Monumental Minerals to your portfolios can decrease your overall portfolio volatility.
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