Global Battery Metals Stock Performance
| REZZF Stock | USD 0.02 0 22.45% |
Global Battery holds a performance score of 6 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -0.0123, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Global Battery are expected to decrease at a much lower rate. During the bear market, Global Battery is likely to outperform the market. Use Global Battery Metals value at risk, as well as the relationship between the skewness and day median price , to analyze future returns on Global Battery Metals.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Global Battery Metals are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite nearly unfluctuating basic indicators, Global Battery reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 2.7 M | |
| Total Cashflows From Investing Activities | -73.2 K |
Global |
Global Battery Relative Risk vs. Return Landscape
If you would invest 1.47 in Global Battery Metals on August 30, 2024 and sell it today you would earn a total of 0.33 from holding Global Battery Metals or generate 22.45% return on investment over 90 days. Global Battery Metals is currently producing 1.223% returns and takes up 14.4627% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Global, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Global Battery Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Battery's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Global Battery Metals, and traders can use it to determine the average amount a Global 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 = 0.0846
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Estimated Market Risk
| 14.46 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.22 actual daily | 24 76% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Global Battery is performing at about 6% 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 Global Battery by adding it to a well-diversified portfolio.
Global Battery Fundamentals Growth
Global OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Global Battery, and Global 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 Global OTC Stock performance.
| Return On Equity | -0.23 | |||
| Return On Asset | -0.13 | |||
| Current Valuation | 5.83 M | |||
| Shares Outstanding | 67.7 M | |||
| Price To Book | 2.30 X | |||
| EBITDA | (1.42 M) | |||
| Cash And Equivalents | 867.12 K | |||
| Cash Per Share | 0.01 X | |||
| Book Value Per Share | 0.07 X | |||
| Cash Flow From Operations | (1.34 M) | |||
| Earnings Per Share | (0.03) X | |||
| Total Asset | 6.44 M | |||
About Global Battery Performance
By analyzing Global Battery's fundamental ratios, stakeholders can gain valuable insights into Global Battery's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Global Battery 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 Global Battery has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Global Battery Metals Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. Global Battery Metals Ltd. was incorporated in 2005 and is headquartered in Vancouver, Canada. Redzone Resources is traded on OTC Exchange in the United States.Things to note about Global Battery Metals performance evaluation
Checking the ongoing alerts about Global Battery for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Global Battery Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Global Battery is way too risky over 90 days horizon | |
| Global Battery has some characteristics of a very speculative penny stock | |
| Global Battery appears to be risky and price may revert if volatility continues | |
| Global Battery has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.39 M) with loss before overhead, payroll, taxes, and interest of (640.33 K). | |
| Global Battery Metals has accumulated about 867.12 K in cash with (1.34 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
- Analyzing Global 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 Global Battery's stock is overvalued or undervalued compared to its peers.
- Examining Global 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 Global Battery's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Global Battery's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Global Battery's otc stock. These opinions can provide insight into Global Battery's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Global OTC Stock analysis
When running Global Battery's price analysis, check to measure Global 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 Global Battery is operating at the current time. Most of Global Battery's value examination focuses on studying past and present price action to predict the probability of Global 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 Global Battery's price. Additionally, you may evaluate how the addition of Global Battery to your portfolios can decrease your overall portfolio volatility.
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