Orex Minerals Stock Performance
| REX Stock | CAD 0.16 0.01 5.88% |
The company holds a Beta of -0.31, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Orex Minerals are expected to decrease at a much lower rate. During the bear market, Orex Minerals is likely to outperform the market. At this point, Orex Minerals has a negative expected return of -0.29%. Please make sure to check Orex Minerals' total risk alpha and the relationship between the skewness and relative strength index , to decide if Orex Minerals 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 Orex Minerals has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in January 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
Last Split Factor 1:10 | Last Split Date 2023-09-27 |
1 | Orex Minerals Appoints New CEO and Board Director - Canada NewsWire | 09/19/2024 |
2 | Orex Minerals Completes 1.2 Million Warrant Program - TipRanks | 11/12/2024 |
| Begin Period Cash Flow | 1.1 M |
Orex |
Orex Minerals Relative Risk vs. Return Landscape
If you would invest 22.00 in Orex Minerals on September 3, 2024 and sell it today you would lose (6.00) from holding Orex Minerals or give up 27.27% of portfolio value over 90 days. Orex Minerals is currently producing negative expected returns and takes up 6.8602% volatility of returns over 90 trading days. Put another way, 61% of traded stocks are less volatile than Orex, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Orex Minerals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Orex Minerals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Orex Minerals, and traders can use it to determine the average amount a Orex Minerals' 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 = -0.0417
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Estimated Market Risk
| 6.86 actual daily | 61 61% of assets are less volatile |
Expected Return
| -0.29 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 Orex Minerals 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 Orex Minerals by adding Orex Minerals to a well-diversified portfolio.
Orex Minerals Fundamentals Growth
Orex Stock prices reflect investors' perceptions of the future prospects and financial health of Orex Minerals, and Orex Minerals 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 Orex Stock performance.
| Return On Equity | -0.44 | |||
| Return On Asset | -0.2 | |||
| Current Valuation | 4.73 M | |||
| Shares Outstanding | 33.91 M | |||
| Price To Earning | (3.00) X | |||
| Price To Book | 1.56 X | |||
| EBITDA | (1.32 M) | |||
| Net Income | (1.87 M) | |||
| Cash And Equivalents | 1.55 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 523.48 K | |||
| Debt To Equity | 0.06 % | |||
| Current Ratio | 14.32 X | |||
| Book Value Per Share | 0.13 X | |||
| Cash Flow From Operations | (1.13 M) | |||
| Earnings Per Share | (0.09) X | |||
| Market Capitalization | 5.43 M | |||
| Total Asset | 3.47 M | |||
| Retained Earnings | (42.14 M) | |||
| Working Capital | (460.14 K) | |||
About Orex Minerals Performance
Evaluating Orex Minerals' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Orex Minerals 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 Orex Minerals has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 600.38 | 570.36 | |
| Return On Tangible Assets | (0.54) | (0.57) | |
| Return On Capital Employed | (0.47) | (0.45) | |
| Return On Assets | (0.54) | (0.57) | |
| Return On Equity | (0.64) | (0.60) |
Things to note about Orex Minerals performance evaluation
Checking the ongoing alerts about Orex Minerals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Orex Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Orex Minerals generated a negative expected return over the last 90 days | |
| Orex Minerals has high historical volatility and very poor performance | |
| Orex Minerals has some characteristics of a very speculative penny stock | |
| Orex Minerals has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (1.87 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Orex Minerals has accumulated about 1.55 M in cash with (1.13 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Latest headline from news.google.com: Orex Minerals Completes 1.2 Million Warrant Program - TipRanks |
- Analyzing Orex Minerals' 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 Orex Minerals' stock is overvalued or undervalued compared to its peers.
- Examining Orex Minerals' 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 Orex Minerals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Orex Minerals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Orex Minerals' stock. These opinions can provide insight into Orex Minerals' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Orex Stock Analysis
When running Orex Minerals' price analysis, check to measure Orex Minerals' 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 Orex Minerals is operating at the current time. Most of Orex Minerals' value examination focuses on studying past and present price action to predict the probability of Orex Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orex Minerals' price. Additionally, you may evaluate how the addition of Orex Minerals to your portfolios can decrease your overall portfolio volatility.