Solitario Exploration Royalty Stock Performance
| SLR Stock | CAD 0.87 0.05 6.10% |
The entity has a beta of 0.0937, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Solitario Exploration's returns are expected to increase less than the market. However, during the bear market, the loss of holding Solitario Exploration is expected to be smaller as well. At this point, Solitario Exploration has a negative expected return of -0.22%. Please make sure to validate Solitario Exploration's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Solitario Exploration 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 Solitario Exploration Royalty has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Stock's basic indicators remain very healthy which may send shares a bit higher in December 2024. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
| Begin Period Cash Flow | 316 K | |
| Free Cash Flow | -3.3 M |
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Solitario Exploration Relative Risk vs. Return Landscape
If you would invest 104.00 in Solitario Exploration Royalty on August 29, 2024 and sell it today you would lose (17.00) from holding Solitario Exploration Royalty or give up 16.35% of portfolio value over 90 days. Solitario Exploration Royalty is producing return of less than zero assuming 3.6243% volatility of returns over the 90 days investment horizon. Simply put, 32% of all stocks have less volatile historical return distribution than Solitario Exploration, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Solitario Exploration Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Solitario Exploration's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Solitario Exploration Royalty, and traders can use it to determine the average amount a Solitario Exploration'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 = -0.062
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Estimated Market Risk
| 3.62 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Solitario Exploration 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 Solitario Exploration by adding Solitario Exploration to a well-diversified portfolio.
Solitario Exploration Fundamentals Growth
Solitario Stock prices reflect investors' perceptions of the future prospects and financial health of Solitario Exploration, and Solitario Exploration 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 Solitario Stock performance.
| Return On Equity | -0.21 | |||
| Return On Asset | -0.15 | |||
| Current Valuation | 56.91 M | |||
| Shares Outstanding | 81.44 M | |||
| Price To Earning | (21.95) X | |||
| Price To Book | 2.11 X | |||
| Price To Sales | 29.07 X | |||
| EBITDA | (4.09 K) | |||
| Cash And Equivalents | 316 K | |||
| Cash Per Share | 0.15 X | |||
| Total Debt | 89 K | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 0.29 X | |||
| Cash Flow From Operations | (3.26 M) | |||
| Earnings Per Share | (0.08) X | |||
| Total Asset | 26.76 M | |||
| Retained Earnings | (57.64 M) | |||
About Solitario Exploration Performance
By examining Solitario Exploration's fundamental ratios, stakeholders can obtain critical insights into Solitario Exploration'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 Solitario Exploration 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.
Solitario Zinc Corp., an exploration stage company, engages in the acquisition, exploration, and development of zinc properties in North and South America. Solitario Zinc Corp. was founded in 1984 and is based in Wheat Ridge, Colorado. SOLITARIO ZINC operates under Other Industrial Metals Mining classification in Canada and is traded on Toronto Stock Exchange. It employs 3 people.Things to note about Solitario Exploration performance evaluation
Checking the ongoing alerts about Solitario Exploration for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Solitario Exploration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Solitario Exploration generated a negative expected return over the last 90 days | |
| Solitario Exploration has some characteristics of a very speculative penny stock | |
| Solitario Exploration has high historical volatility and very poor performance | |
| Solitario Exploration has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (3.75 M) with profit before overhead, payroll, taxes, and interest of 408 K. | |
| Solitario Exploration Royalty has accumulated about 316 K in cash with (3.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15. | |
| Roughly 18.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Solitario Exploration'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 Solitario Exploration's stock is overvalued or undervalued compared to its peers.
- Examining Solitario Exploration'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 Solitario Exploration's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Solitario Exploration's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Solitario Exploration's stock. These opinions can provide insight into Solitario Exploration's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solitario Exploration Royalty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.