PNM Resources Performance
| PNMDelisted Stock | USD 43.25 0.21 0.48% |
PNM Resources has a performance score of 17 on a scale of 0 to 100. The company holds a Beta of 0.0884, which implies not very significant fluctuations relative to the market. As returns on the market increase, PNM Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding PNM Resources is expected to be smaller as well. PNM Resources currently holds a risk of 0.8%. Please check PNM Resources expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if PNM Resources will be following its historical price patterns.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in PNM Resources are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of very weak basic indicators, PNM Resources may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| Begin Period Cash Flow | 4.1 M |
PNM |
PNM Resources Relative Risk vs. Return Landscape
If you would invest 4,138 in PNM Resources on August 31, 2024 and sell it today you would earn a total of 187.00 from holding PNM Resources or generate 4.52% return on investment over 90 days. PNM Resources is generating 0.18% of daily returns assuming volatility of 0.8027% on return distribution over 90 days investment horizon. In other words, 7% of stocks are less volatile than PNM, and above 97% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
PNM Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for PNM Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as PNM Resources, and traders can use it to determine the average amount a PNM Resources' 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 = 0.2243
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Estimated Market Risk
| 0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average PNM Resources is performing at about 17% 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 PNM Resources by adding it to a well-diversified portfolio.
PNM Resources Fundamentals Growth
PNM Stock prices reflect investors' perceptions of the future prospects and financial health of PNM Resources, and PNM Resources 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 PNM Stock performance.
| Return On Equity | 0.0413 | |||
| Return On Asset | 0.014 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.22 % | |||
| Current Valuation | 9.11 B | |||
| Shares Outstanding | 90.2 M | |||
| Price To Earning | 19.47 X | |||
| Price To Book | 1.57 X | |||
| Price To Sales | 2.04 X | |||
| Revenue | 1.94 B | |||
| EBITDA | 622.77 M | |||
| Cash And Equivalents | 4.08 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 4.96 B | |||
| Debt To Equity | 1.91 % | |||
| Book Value Per Share | 26.64 X | |||
| Cash Flow From Operations | 551.17 M | |||
| Earnings Per Share | 0.90 X | |||
| Total Asset | 10.25 B | |||
| Retained Earnings | 787.11 M | |||
| Current Asset | 357.76 M | |||
| Current Liabilities | 316.92 M | |||
About PNM Resources Performance
By examining PNM Resources' fundamental ratios, stakeholders can obtain critical insights into PNM Resources' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that PNM Resources is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
PNM Resources, Inc., through its subsidiaries, provides electricity and electric services in the United States. PNM Resources, Inc. was incorporated in 1882 and is headquartered in Albuquerque, New Mexico. PNM Resources operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 1646 people.Things to note about PNM Resources performance evaluation
Checking the ongoing alerts about PNM Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for PNM Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| PNM Resources is now traded under the symbol TXNM. Please update your portfolios or report it if you believe this is an error. Report It! | |
| PNM Resources is not yet fully synchronised with the market data | |
| PNM Resources has a very high chance of going through financial distress in the upcoming years | |
| PNM Resources has 4.96 B in debt with debt to equity (D/E) ratio of 1.91, which is OK given its current industry classification. PNM Resources has a current ratio of 0.4, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for PNM to invest in growth at high rates of return. | |
| Over 95.0% of PNM Resources shares are owned by institutional investors |
- Analyzing PNM Resources' 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 PNM Resources' stock is overvalued or undervalued compared to its peers.
- Examining PNM Resources' 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 PNM Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of PNM Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of PNM Resources' stock. These opinions can provide insight into PNM Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center 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 board of governors. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Other Consideration for investing in PNM Stock
If you are still planning to invest in PNM Resources 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 PNM Resources' history and understand the potential risks before investing.
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