OD6 Metals (Australia) Performance
| OD6 Stock | 0.03 0 8.57% |
The company owns a Beta (Systematic Risk) of -1.77, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning OD6 Metals are expected to decrease by larger amounts. On the other hand, during market turmoil, OD6 Metals is expected to outperform it. OD6 Metals at this moment owns a risk of 11.33%. Please check OD6 Metals semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if OD6 Metals will be following its current price history.
Risk-Adjusted Performance
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Over the last 90 days OD6 Metals has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, OD6 Metals is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | OD6 fast tracks move into other future facing metals - Mining.com.au | 10/23/2024 |
2 | OD6 Metals Unveils Promising Copper Findings at Gulf Creek - TipRanks | 11/05/2024 |
| Begin Period Cash Flow | 3.5 M |
OD6 |
OD6 Metals Relative Risk vs. Return Landscape
If you would invest 4.20 in OD6 Metals on August 30, 2024 and sell it today you would lose (1.00) from holding OD6 Metals or give up 23.81% of portfolio value over 90 days. OD6 Metals is generating 0.0661% of daily returns assuming 11.3256% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than OD6 on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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OD6 Metals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for OD6 Metals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as OD6 Metals, and traders can use it to determine the average amount a OD6 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 = 0.0058
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| Cash | Small Risk | Average Risk | High Risk | OD6 |
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Estimated Market Risk
| 11.33 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average OD6 Metals 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 OD6 Metals by adding OD6 Metals to a well-diversified portfolio.
OD6 Metals Fundamentals Growth
OD6 Stock prices reflect investors' perceptions of the future prospects and financial health of OD6 Metals, and OD6 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 OD6 Stock performance.
| Return On Equity | -0.0522 | ||||
| Return On Asset | -0.11 | ||||
| Current Valuation | 2.18 M | ||||
| Shares Outstanding | 128.69 M | ||||
| Price To Book | 0.49 X | ||||
| Price To Sales | 74.97 X | ||||
| Revenue | 125.73 K | ||||
| EBITDA | (1.57 M) | ||||
| Net Income | (440) | ||||
| Cash And Equivalents | 3.52 M | ||||
| Total Debt | 472.19 K | ||||
| Book Value Per Share | 0.07 X | ||||
| Cash Flow From Operations | 23 | ||||
| Total Asset | 9.7 M | ||||
| Retained Earnings | (3.17 M) | ||||
About OD6 Metals Performance
Assessing OD6 Metals' fundamental ratios provides investors with valuable insights into OD6 Metals' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the OD6 Metals is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
OD6 Metals is entity of Australia. It is traded as Stock on AU exchange.Things to note about OD6 Metals performance evaluation
Checking the ongoing alerts about OD6 Metals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for OD6 Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| OD6 Metals had very high historical volatility over the last 90 days | |
| OD6 Metals has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 125.73 K. Net Loss for the year was (440) with profit before overhead, payroll, taxes, and interest of 0. | |
| About 41.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: OD6 Metals Unveils Promising Copper Findings at Gulf Creek - TipRanks |
- Analyzing OD6 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 OD6 Metals' stock is overvalued or undervalued compared to its peers.
- Examining OD6 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 OD6 Metals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of OD6 Metals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of OD6 Metals' stock. These opinions can provide insight into OD6 Metals' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for OD6 Stock Analysis
When running OD6 Metals' price analysis, check to measure OD6 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 OD6 Metals is operating at the current time. Most of OD6 Metals' value examination focuses on studying past and present price action to predict the probability of OD6 Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OD6 Metals' price. Additionally, you may evaluate how the addition of OD6 Metals to your portfolios can decrease your overall portfolio volatility.