Sherritt International Stock Performance
| S Stock | CAD 0.17 0.01 5.56% |
The entity has a beta of 0.0099, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sherritt International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sherritt International is expected to be smaller as well. At this point, Sherritt International has a negative expected return of -0.28%. Please make sure to validate Sherritt International's treynor ratio, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Sherritt International 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 Sherritt International 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 very healthy which may send shares a bit higher in January 2025. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
Dividend Date 2015-07-14 | Ex Dividend Date 2015-06-26 |
1 | Sherritt International Sets New 52-Week Low - Whats Next - MarketBeat | 10/07/2024 |
| Begin Period Cash Flow | 123.9 M |
Sherritt |
Sherritt International Relative Risk vs. Return Landscape
If you would invest 21.00 in Sherritt International on September 2, 2024 and sell it today you would lose (4.00) from holding Sherritt International or give up 19.05% of portfolio value over 90 days. Sherritt International is currently does not generate positive expected returns and assumes 3.0599% risk (volatility on return distribution) over the 90 days horizon. In different words, 27% of stocks are less volatile than Sherritt, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Sherritt International Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sherritt International's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Sherritt International, and traders can use it to determine the average amount a Sherritt International'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 = -0.0926
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| Negative Returns | S |
Estimated Market Risk
| 3.06 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sherritt International 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 Sherritt International by adding Sherritt International to a well-diversified portfolio.
Sherritt International Fundamentals Growth
Sherritt Stock prices reflect investors' perceptions of the future prospects and financial health of Sherritt International, and Sherritt International 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 Sherritt Stock performance.
| Return On Equity | -0.17 | ||||
| Return On Asset | -0.0174 | ||||
| Profit Margin | (0.70) % | ||||
| Operating Margin | (0.01) % | ||||
| Current Valuation | 394.64 M | ||||
| Shares Outstanding | 397.29 M | ||||
| Price To Earning | 0.31 X | ||||
| Price To Book | 0.12 X | ||||
| Price To Sales | 0.46 X | ||||
| Revenue | 223.3 M | ||||
| Gross Profit | (32.9 M) | ||||
| EBITDA | (12.3 M) | ||||
| Net Income | (64.3 M) | ||||
| Cash And Equivalents | 16.1 M | ||||
| Cash Per Share | 0.43 X | ||||
| Total Debt | 366.6 M | ||||
| Debt To Equity | 1.23 % | ||||
| Current Ratio | 0.44 X | ||||
| Book Value Per Share | 1.45 X | ||||
| Cash Flow From Operations | 27.3 M | ||||
| Earnings Per Share | (0.26) X | ||||
| Market Capitalization | 67.54 M | ||||
| Total Asset | 1.39 B | ||||
| Retained Earnings | (2.9 B) | ||||
| Working Capital | 111.7 M | ||||
| Current Asset | 820.4 M | ||||
| Current Liabilities | 212.1 M | ||||
About Sherritt International Performance
By examining Sherritt International's fundamental ratios, stakeholders can obtain critical insights into Sherritt International's 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 Sherritt International 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.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 54.72 | 80.93 | |
| Return On Tangible Assets | (0.05) | (0.04) | |
| Return On Capital Employed | (0.04) | (0.04) | |
| Return On Assets | (0.05) | (0.04) | |
| Return On Equity | (0.11) | (0.11) |
Things to note about Sherritt International performance evaluation
Checking the ongoing alerts about Sherritt International for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Sherritt International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Sherritt International generated a negative expected return over the last 90 days | |
| Sherritt International has some characteristics of a very speculative penny stock | |
| Sherritt International has high historical volatility and very poor performance | |
| Sherritt International currently holds 366.6 M in liabilities with Debt to Equity (D/E) ratio of 1.23, which is about average as compared to similar companies. Sherritt International has a current ratio of 0.43, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Sherritt International until it has trouble settling it off, either with new capital or with free cash flow. So, Sherritt International's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Sherritt International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sherritt to invest in growth at high rates of return. When we think about Sherritt International's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 223.3 M. Net Loss for the year was (64.3 M) with loss before overhead, payroll, taxes, and interest of (32.9 M). |
- Analyzing Sherritt International'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 Sherritt International's stock is overvalued or undervalued compared to its peers.
- Examining Sherritt International'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 Sherritt International's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sherritt International's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Sherritt International's stock. These opinions can provide insight into Sherritt International's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Sherritt Stock
Sherritt International financial ratios help investors to determine whether Sherritt Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sherritt with respect to the benefits of owning Sherritt International security.