Surge Battery Metals Stock Performance
| NILIF Stock | USD 0.28 0.01 3.45% |
On a scale of 0 to 100, Surge Battery holds a performance score of 4. The entity has a beta of 0.59, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Surge Battery's returns are expected to increase less than the market. However, during the bear market, the loss of holding Surge Battery is expected to be smaller as well. Please check Surge Battery's value at risk and the relationship between the expected short fall and market facilitation index , to make a quick decision on whether Surge Battery's existing price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Surge Battery Metals are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile forward indicators, Surge Battery reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 6626.00 | |
| Total Cashflows From Investing Activities | 414.4 K |
Surge |
Surge Battery Relative Risk vs. Return Landscape
If you would invest 25.00 in Surge Battery Metals on August 25, 2024 and sell it today you would earn a total of 3.00 from holding Surge Battery Metals or generate 12.0% return on investment over 90 days. Surge Battery Metals is currently producing 0.3213% returns and takes up 5.5218% volatility of returns over 90 trading days. Put another way, 49% of traded pink sheets are less volatile than Surge, and 94% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Surge Battery Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Surge Battery's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Surge Battery Metals, and traders can use it to determine the average amount a Surge Battery'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 = 0.0582
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Estimated Market Risk
| 5.52 actual daily | 49 51% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Surge Battery is performing at about 4% 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 Surge Battery by adding it to a well-diversified portfolio.
Surge Battery Fundamentals Growth
Surge Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Surge Battery, and Surge Battery 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 Surge Pink Sheet performance.
| Return On Equity | -0.39 | |||
| Return On Asset | -0.23 | |||
| Current Valuation | 22.11 M | |||
| Shares Outstanding | 98.21 M | |||
| Price To Book | 6.46 X | |||
| EBITDA | (2.82 M) | |||
| Cash And Equivalents | 2.83 M | |||
| Cash Per Share | 0.03 X | |||
| Book Value Per Share | 0.05 X | |||
| Cash Flow From Operations | (2.04 M) | |||
| Earnings Per Share | (0.03) X | |||
| Total Asset | 6.07 M | |||
About Surge Battery Performance
By analyzing Surge Battery's fundamental ratios, stakeholders can gain valuable insights into Surge Battery's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Surge Battery 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 Surge Battery has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Surge Battery Metals Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in North America. Surge Battery Metals Inc. was incorporated in 1987 and is headquartered in Vancouver, Canada. Surge Battery operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Surge Battery Metals performance evaluation
Checking the ongoing alerts about Surge Battery for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Surge Battery Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Surge Battery Metals had very high historical volatility over the last 90 days | |
| Surge Battery Metals has some characteristics of a very speculative penny stock | |
| Surge Battery Metals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.15 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Surge Battery Metals has accumulated about 2.83 M in cash with (2.04 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. |
- Analyzing Surge Battery'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 Surge Battery's stock is overvalued or undervalued compared to its peers.
- Examining Surge Battery'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 Surge Battery's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Surge Battery's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Surge Battery's pink sheet. These opinions can provide insight into Surge Battery's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Surge Pink Sheet analysis
When running Surge Battery's price analysis, check to measure Surge Battery'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 Surge Battery is operating at the current time. Most of Surge Battery's value examination focuses on studying past and present price action to predict the probability of Surge Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Surge Battery's price. Additionally, you may evaluate how the addition of Surge Battery to your portfolios can decrease your overall portfolio volatility.
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