Meteoric Resources (Germany) Performance
| RNF Stock | EUR 0.07 0 6.47% |
On a scale of 0 to 100, Meteoric Resources holds a performance score of 5. The company secures a Beta (Market Risk) of -0.43, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Meteoric Resources are expected to decrease at a much lower rate. During the bear market, Meteoric Resources is likely to outperform the market. Please check Meteoric Resources' maximum drawdown, semi variance, daily balance of power, as well as the relationship between the potential upside and skewness , to make a quick decision on whether Meteoric Resources' current price movements will revert.
Risk-Adjusted Performance
5 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Meteoric Resources NL are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite nearly uncertain basic indicators, Meteoric Resources reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 4 M | |
| Total Cashflows From Investing Activities | -7585.00 |
Meteoric |
Meteoric Resources Relative Risk vs. Return Landscape
If you would invest 6.00 in Meteoric Resources NL on September 2, 2024 and sell it today you would earn a total of 0.50 from holding Meteoric Resources NL or generate 8.33% return on investment over 90 days. Meteoric Resources NL is currently producing 0.7921% returns and takes up 11.7924% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Meteoric, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Meteoric Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meteoric Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Meteoric Resources NL, and traders can use it to determine the average amount a Meteoric 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 = 0.0672
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Estimated Market Risk
| 11.79 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.79 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Meteoric Resources is performing at about 5% 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 Meteoric Resources by adding it to a well-diversified portfolio.
Meteoric Resources Fundamentals Growth
Meteoric Stock prices reflect investors' perceptions of the future prospects and financial health of Meteoric Resources, and Meteoric 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 Meteoric Stock performance.
| Return On Equity | -1.75 | |||
| Return On Asset | -0.95 | |||
| Current Valuation | 14.68 M | |||
| Shares Outstanding | 1.53 B | |||
| Price To Earning | (22.50) X | |||
| Price To Book | 1.40 X | |||
| Price To Sales | 688,142 X | |||
| Revenue | 250 | |||
| EBITDA | (5.53 M) | |||
| Cash And Equivalents | 6.35 M | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (5.02 M) | |||
| Total Asset | 2.12 M | |||
About Meteoric Resources Performance
By analyzing Meteoric Resources' fundamental ratios, stakeholders can gain valuable insights into Meteoric Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Meteoric Resources 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 Meteoric Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Meteoric Resources NL explores for mineral tenements in Brazil, Canada, Western Australia, and Northern Territory. Meteoric Resources NL is was incorporated in 2004 and is based in West Perth, Australia. METEORIC RESOURCES operates under Other Industrial Metals Mining classification in Germany and is traded on Frankfurt Stock Exchange.Things to note about Meteoric Resources performance evaluation
Checking the ongoing alerts about Meteoric Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Meteoric Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Meteoric Resources is way too risky over 90 days horizon | |
| Meteoric Resources has some characteristics of a very speculative penny stock | |
| Meteoric Resources appears to be risky and price may revert if volatility continues | |
| Meteoric Resources has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 250. Net Loss for the year was (5.56 M) with profit before overhead, payroll, taxes, and interest of 1.31 M. | |
| Meteoric Resources NL has accumulated about 6.35 M in cash with (5.02 M) of positive cash flow from operations. | |
| Roughly 38.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Meteoric 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 Meteoric Resources' stock is overvalued or undervalued compared to its peers.
- Examining Meteoric 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 Meteoric Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Meteoric Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Meteoric Resources' stock. These opinions can provide insight into Meteoric Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Meteoric Stock analysis
When running Meteoric Resources' price analysis, check to measure Meteoric Resources' 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 Meteoric Resources is operating at the current time. Most of Meteoric Resources' value examination focuses on studying past and present price action to predict the probability of Meteoric Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meteoric Resources' price. Additionally, you may evaluate how the addition of Meteoric Resources to your portfolios can decrease your overall portfolio volatility.
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