Red Moon Resources Stock Performance
| REMRF Stock | USD 0.44 0.00 0.00% |
The company holds a Beta of 0.28, which implies not very significant fluctuations relative to the market. As returns on the market increase, Red Moon's returns are expected to increase less than the market. However, during the bear market, the loss of holding Red Moon is expected to be smaller as well. At this point, Red Moon Resources has a negative expected return of -0.12%. Please make sure to check Red Moon's jensen alpha, as well as the relationship between the skewness and day typical price , to decide if Red Moon Resources 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 Red Moon Resources has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest uncertain performance, the Stock's basic indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
| Begin Period Cash Flow | 280.4 K |
Red |
Red Moon Relative Risk vs. Return Landscape
If you would invest 49.00 in Red Moon Resources on September 1, 2024 and sell it today you would lose (5.00) from holding Red Moon Resources or give up 10.2% of portfolio value over 90 days. Red Moon Resources is currently producing negative expected returns and takes up 3.192% volatility of returns over 90 trading days. Put another way, 28% of traded otc stocks are less volatile than Red, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Red Moon Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Red Moon's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Red Moon Resources, and traders can use it to determine the average amount a Red Moon'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 = -0.0382
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| Negative Returns | REMRF |
Estimated Market Risk
| 3.19 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Red Moon 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 Red Moon by adding Red Moon to a well-diversified portfolio.
Red Moon Fundamentals Growth
Red OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Red Moon, and Red Moon 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 Red OTC Stock performance.
| Return On Equity | -0.28 | |||
| Return On Asset | -0.11 | |||
| Current Valuation | 115.36 M | |||
| Shares Outstanding | 92.62 M | |||
| Price To Book | 12.63 X | |||
| EBITDA | (2.25 M) | |||
| Cash And Equivalents | 7.99 M | |||
| Cash Per Share | 0.09 X | |||
| Book Value Per Share | 0.15 X | |||
| Cash Flow From Operations | (1.1 M) | |||
| Earnings Per Share | (0.03) X | |||
| Total Asset | 11.25 M | |||
About Red Moon Performance
By analyzing Red Moon's fundamental ratios, stakeholders can gain valuable insights into Red Moon's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Red Moon 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 Red Moon has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Atlas Salt Inc., a junior mineral exploration company, engages in the acquisition, evaluation, and exploration of mineral properties in Newfoundland and Labrador, Canada. Atlas Salt Inc. was incorporated in 2011 and is headquartered in St. Atlas Salt is traded on OTC Exchange in the United States.Things to note about Red Moon Resources performance evaluation
Checking the ongoing alerts about Red Moon for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Red Moon Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Red Moon Resources generated a negative expected return over the last 90 days | |
| Red Moon Resources has some characteristics of a very speculative penny stock | |
| Red Moon Resources has high historical volatility and very poor performance | |
| Red Moon Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.17 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Red Moon Resources has accumulated about 7.99 M in cash with (1.1 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. | |
| Roughly 38.0% of the company outstanding shares are owned by corporate insiders | |
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- Analyzing Red Moon'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 Red Moon's stock is overvalued or undervalued compared to its peers.
- Examining Red Moon'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 Red Moon's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Red Moon's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Red Moon's otc stock. These opinions can provide insight into Red Moon's potential for growth and whether the stock is currently undervalued or overvalued.
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When running Red Moon's price analysis, check to measure Red Moon'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 Red Moon is operating at the current time. Most of Red Moon's value examination focuses on studying past and present price action to predict the probability of Red Moon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Moon's price. Additionally, you may evaluate how the addition of Red Moon to your portfolios can decrease your overall portfolio volatility.
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