Sokoman Minerals Corp Stock Performance
| SICNF Stock | USD 0.02 0 6.67% |
The entity has a beta of -2.17, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Sokoman Minerals are expected to decrease by larger amounts. On the other hand, during market turmoil, Sokoman Minerals is expected to outperform it. At this point, Sokoman Minerals Corp has a negative expected return of -0.3%. Please make sure to validate Sokoman Minerals' treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to decide if Sokoman Minerals Corp 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 Sokoman Minerals Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 15.4 M | |
| Total Cashflows From Investing Activities | -231.1 K | |
| Free Cash Flow | -10.3 M |
Sokoman |
Sokoman Minerals Relative Risk vs. Return Landscape
If you would invest 3.70 in Sokoman Minerals Corp on August 28, 2024 and sell it today you would lose (1.30) from holding Sokoman Minerals Corp or give up 35.14% of portfolio value over 90 days. Sokoman Minerals Corp is currently producing negative expected returns and takes up 8.7545% volatility of returns over 90 trading days. Put another way, 77% of traded otc stocks are less volatile than Sokoman, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Sokoman Minerals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sokoman Minerals' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Sokoman Minerals Corp, and traders can use it to determine the average amount a Sokoman 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 = -0.0342
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| Negative Returns | SICNF |
Estimated Market Risk
| 8.75 actual daily | 77 77% of assets are less volatile |
Expected Return
| -0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sokoman 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 Sokoman Minerals by adding Sokoman Minerals to a well-diversified portfolio.
Sokoman Minerals Fundamentals Growth
Sokoman OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Sokoman Minerals, and Sokoman 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 Sokoman OTC Stock performance.
| Return On Equity | -1.19 | |||
| Return On Asset | -0.65 | |||
| Current Valuation | 35.76 M | |||
| Shares Outstanding | 229.08 M | |||
| Price To Book | 7.24 X | |||
| EBITDA | (12.07 M) | |||
| Cash And Equivalents | 13.51 M | |||
| Cash Per Share | 0.06 X | |||
| Book Value Per Share | 0.04 X | |||
| Cash Flow From Operations | (10.01 M) | |||
| Earnings Per Share | (0.04) X | |||
| Total Asset | 12.52 M | |||
About Sokoman Minerals Performance
By analyzing Sokoman Minerals' fundamental ratios, stakeholders can gain valuable insights into Sokoman Minerals' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Sokoman 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 Sokoman Minerals has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Sokoman Minerals Corp., an exploration-stage company, focuses on exploring mineral properties in Canada. The company was formerly known as Sokoman Iron Corp. and changed its name to Sokoman Minerals Corp. in February 2019. SOKOMAN MINERALS is traded on OTC Exchange in the United States.Things to note about Sokoman Minerals Corp performance evaluation
Checking the ongoing alerts about Sokoman Minerals for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Sokoman Minerals Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Sokoman Minerals generated a negative expected return over the last 90 days | |
| Sokoman Minerals has high historical volatility and very poor performance | |
| Sokoman Minerals has some characteristics of a very speculative penny stock | |
| Sokoman Minerals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (12.26 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Sokoman Minerals Corp has accumulated about 13.51 M in cash with (10.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 48.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Sokoman 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 Sokoman Minerals' stock is overvalued or undervalued compared to its peers.
- Examining Sokoman 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 Sokoman Minerals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sokoman Minerals' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Sokoman Minerals' otc stock. These opinions can provide insight into Sokoman Minerals' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Sokoman OTC Stock analysis
When running Sokoman Minerals' price analysis, check to measure Sokoman 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 Sokoman Minerals is operating at the current time. Most of Sokoman Minerals' value examination focuses on studying past and present price action to predict the probability of Sokoman Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sokoman Minerals' price. Additionally, you may evaluate how the addition of Sokoman Minerals to your portfolios can decrease your overall portfolio volatility.
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