Patriot Battery (Australia) Performance
| PMT Stock | 0.25 0.01 3.85% |
The company holds a Beta of -0.49, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Patriot Battery are expected to decrease at a much lower rate. During the bear market, Patriot Battery is likely to outperform the market. At this point, Patriot Battery Metals has a negative expected return of -0.84%. Please make sure to check Patriot Battery's kurtosis, daily balance of power, and the relationship between the skewness and accumulation distribution , to decide if Patriot Battery Metals performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Patriot Battery Metals has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in December 2024. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
1 | Patriot Battery Metals Director Acquires New Securities - TipRanks | 09/23/2024 |
| Begin Period Cash Flow | 56.7 M |
Patriot |
Patriot Battery Relative Risk vs. Return Landscape
If you would invest 46.00 in Patriot Battery Metals on August 29, 2024 and sell it today you would lose (21.00) from holding Patriot Battery Metals or give up 45.65% of portfolio value over 90 days. Patriot Battery Metals is producing return of less than zero assuming 4.73% volatility of returns over the 90 days investment horizon. Simply put, 42% of all stocks have less volatile historical return distribution than Patriot Battery, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Patriot Battery Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Patriot Battery's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Patriot Battery Metals, and traders can use it to determine the average amount a Patriot 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 = -0.177
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| Negative Returns | PMT |
Estimated Market Risk
| 4.73 actual daily | 42 58% of assets are more volatile |
Expected Return
| -0.84 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Patriot Battery 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 Patriot Battery by adding Patriot Battery to a well-diversified portfolio.
Patriot Battery Fundamentals Growth
Patriot Stock prices reflect investors' perceptions of the future prospects and financial health of Patriot Battery, and Patriot 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 Patriot Stock performance.
| Return On Equity | -0.0023 | ||||
| Return On Asset | -0.0666 | ||||
| Current Valuation | 306.57 M | ||||
| Shares Outstanding | 1.42 B | ||||
| Price To Book | 1.37 X | ||||
| EBITDA | (18.91 M) | ||||
| Net Income | 2.61 M | ||||
| Cash And Equivalents | 56.72 M | ||||
| Total Debt | 365 K | ||||
| Book Value Per Share | 1.50 X | ||||
| Cash Flow From Operations | (16.16 M) | ||||
| Total Asset | 247.92 M | ||||
| Retained Earnings | (20.28 M) | ||||
About Patriot Battery Performance
Assessing Patriot Battery's fundamental ratios provides investors with valuable insights into Patriot Battery's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Patriot Battery 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.
Patriot Battery is entity of Australia. It is traded as Stock on AU exchange.Things to note about Patriot Battery Metals performance evaluation
Checking the ongoing alerts about Patriot Battery for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Patriot Battery Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Patriot Battery generated a negative expected return over the last 90 days | |
| Patriot Battery has some characteristics of a very speculative penny stock | |
| Patriot Battery has high historical volatility and very poor performance | |
| Patriot Battery has high likelihood to experience some financial distress in the next 2 years | |
| Patriot Battery Metals has accumulated about 56.72 M in cash with (16.16 M) of positive cash flow from operations. |
- Analyzing Patriot 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 Patriot Battery's stock is overvalued or undervalued compared to its peers.
- Examining Patriot 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 Patriot Battery's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Patriot Battery's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Patriot Battery's stock. These opinions can provide insight into Patriot Battery's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Patriot Stock Analysis
When running Patriot Battery's price analysis, check to measure Patriot 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 Patriot Battery is operating at the current time. Most of Patriot Battery's value examination focuses on studying past and present price action to predict the probability of Patriot 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 Patriot Battery's price. Additionally, you may evaluate how the addition of Patriot Battery to your portfolios can decrease your overall portfolio volatility.