Silver Spruce Resources Stock Performance
| SSE Stock | CAD 0.01 0.00 0.00% |
On a scale of 0 to 100, Silver Spruce holds a performance score of 4. The entity has a beta of 0.63, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Silver Spruce's returns are expected to increase less than the market. However, during the bear market, the loss of holding Silver Spruce is expected to be smaller as well. Please check Silver Spruce's information ratio, kurtosis, as well as the relationship between the Kurtosis and relative strength index , to make a quick decision on whether Silver Spruce's existing price patterns will revert.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Silver Spruce Resources are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Silver Spruce showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:10 | Last Split Date 2014-10-20 |
1 | Silver Spruce Secures Permit for Melchett Lake Project - TipRanks | 11/19/2024 |
| Begin Period Cash Flow | 221.9 K |
Silver |
Silver Spruce Relative Risk vs. Return Landscape
If you would invest 1.00 in Silver Spruce Resources on September 1, 2024 and sell it today you would earn a total of 0.00 from holding Silver Spruce Resources or generate 0.0% return on investment over 90 days. Silver Spruce Resources is currently producing 0.7937% returns and takes up 14.1765% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Silver, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Silver Spruce Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Silver Spruce's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Silver Spruce Resources, and traders can use it to determine the average amount a Silver Spruce'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 = 0.056
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Estimated Market Risk
| 14.18 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
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Silver Spruce is performing at about 4% 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 Silver Spruce by adding it to a well-diversified portfolio.
Silver Spruce Fundamentals Growth
Silver Stock prices reflect investors' perceptions of the future prospects and financial health of Silver Spruce, and Silver Spruce 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 Silver Stock performance.
| Return On Equity | -7.07 | ||||
| Return On Asset | -1.52 | ||||
| Current Valuation | 2.85 M | ||||
| Shares Outstanding | 322.55 M | ||||
| Price To Earning | 13.00 X | ||||
| Price To Book | 28.88 X | ||||
| EBITDA | (1.02 M) | ||||
| Net Income | (1.05 M) | ||||
| Cash And Equivalents | 20.35 K | ||||
| Total Debt | 1.73 K | ||||
| Debt To Equity | 568.70 % | ||||
| Current Ratio | 1.04 X | ||||
| Cash Flow From Operations | (1.01 M) | ||||
| Market Capitalization | 3.23 M | ||||
| Total Asset | 410.71 K | ||||
| Retained Earnings | (45.53 M) | ||||
| Working Capital | 195.65 K | ||||
About Silver Spruce Performance
Evaluating Silver Spruce's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Silver Spruce 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 Silver Spruce has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (2.95) | (3.10) | |
| Return On Capital Employed | (5.61) | (5.33) | |
| Return On Assets | (2.95) | (3.10) | |
| Return On Equity | (6.14) | (5.83) |
Things to note about Silver Spruce Resources performance evaluation
Checking the ongoing alerts about Silver Spruce for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Silver Spruce Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Silver Spruce is way too risky over 90 days horizon | |
| Silver Spruce has some characteristics of a very speculative penny stock | |
| Silver Spruce appears to be risky and price may revert if volatility continues | |
| Silver Spruce has high likelihood to experience some financial distress in the next 2 years | |
| Silver Spruce has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Net Loss for the year was (1.05 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Silver Spruce Resources has accumulated about 20.35 K in cash with (1.01 M) of positive cash flow from operations. | |
| Latest headline from news.google.com: Silver Spruce Secures Permit for Melchett Lake Project - TipRanks |
- Analyzing Silver Spruce'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 Silver Spruce's stock is overvalued or undervalued compared to its peers.
- Examining Silver Spruce'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 Silver Spruce's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Silver Spruce's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Silver Spruce's stock. These opinions can provide insight into Silver Spruce's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Silver Stock Analysis
When running Silver Spruce's price analysis, check to measure Silver Spruce'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 Silver Spruce is operating at the current time. Most of Silver Spruce's value examination focuses on studying past and present price action to predict the probability of Silver Spruce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silver Spruce's price. Additionally, you may evaluate how the addition of Silver Spruce to your portfolios can decrease your overall portfolio volatility.