Nevada Copper Corp Performance
| NEVDFDelisted Stock | USD 0.02 0.00 0.00% |
The company secures a Beta (Market Risk) of 0.19, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nevada Copper's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nevada Copper is expected to be smaller as well. Nevada Copper Corp right now secures a risk of 0.0%. Please verify Nevada Copper Corp standard deviation and the relationship between the jensen alpha and day median price , to decide if Nevada Copper Corp will be following its current price movements.
Risk-Adjusted Performance
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Over the last 90 days Nevada Copper Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable fundamental indicators, Nevada Copper is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 21.8 M | |
| Total Cashflows From Investing Activities | -127.3 M |
Nevada |
Nevada Copper Relative Risk vs. Return Landscape
If you would invest 1.82 in Nevada Copper Corp on August 25, 2024 and sell it today you would earn a total of 0.00 from holding Nevada Copper Corp or generate 0.0% return on investment over 90 days. Nevada Copper Corp is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than Nevada, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Nevada Copper Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nevada Copper's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Nevada Copper Corp, and traders can use it to determine the average amount a Nevada Copper'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 = 0.0
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Based on monthly moving average Nevada Copper 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 Nevada Copper by adding Nevada Copper to a well-diversified portfolio.
Nevada Copper Fundamentals Growth
Nevada Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Nevada Copper, and Nevada Copper 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 Nevada Pink Sheet performance.
| Return On Equity | -1.06 | |||
| Return On Asset | -0.27 | |||
| Operating Margin | (496.56) % | |||
| Current Valuation | 387.62 M | |||
| Shares Outstanding | 722.05 M | |||
| Price To Earning | 0.95 X | |||
| Price To Book | 0.83 X | |||
| Price To Sales | 211.24 X | |||
| EBITDA | 839 K | |||
| Cash And Equivalents | 3.89 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 150.81 M | |||
| Debt To Equity | 0.43 % | |||
| Book Value Per Share | 0.41 X | |||
| Cash Flow From Operations | (7.86 M) | |||
| Earnings Per Share | 0.20 X | |||
| Total Asset | 948.34 M | |||
About Nevada Copper Performance
By analyzing Nevada Copper's fundamental ratios, stakeholders can gain valuable insights into Nevada Copper's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nevada Copper 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 Nevada Copper has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Nevada Copper Corp. engages in the exploration, development, and operation of mineral properties in Nevada. Nevada Copper Corp. was incorporated in 1999 and is based in Vancouver, British Columbia. NEVADA COPPER is traded on OTC Exchange in the United States.Things to note about Nevada Copper Corp performance evaluation
Checking the ongoing alerts about Nevada Copper for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Nevada Copper Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nevada Copper Corp is not yet fully synchronised with the market data | |
| Nevada Copper Corp has some characteristics of a very speculative penny stock | |
| Nevada Copper Corp has a very high chance of going through financial distress in the upcoming years | |
| Nevada Copper Corp has accumulated 150.81 M in total debt with debt to equity ratio (D/E) of 0.43, which is about average as compared to similar companies. Nevada Copper Corp has a current ratio of 0.02, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Nevada Copper until it has trouble settling it off, either with new capital or with free cash flow. So, Nevada Copper's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nevada Copper Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nevada to invest in growth at high rates of return. When we think about Nevada Copper's use of debt, we should always consider it together with cash and equity. | |
| Nevada Copper Corp has accumulated about 3.89 M in cash with (7.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 51.0% of Nevada Copper outstanding shares are owned by corporate insiders |
- Analyzing Nevada Copper'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 Nevada Copper's stock is overvalued or undervalued compared to its peers.
- Examining Nevada Copper'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 Nevada Copper's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nevada Copper's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nevada Copper's pink sheet. These opinions can provide insight into Nevada Copper's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Consideration for investing in Nevada Pink Sheet
If you are still planning to invest in Nevada Copper Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nevada Copper's history and understand the potential risks before investing.
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