Summa Silver Corp Stock Performance
| SSVR Stock | CAD 0.28 0.01 3.45% |
The entity has a beta of -0.7, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Summa Silver are expected to decrease at a much lower rate. During the bear market, Summa Silver is likely to outperform the market. At this point, Summa Silver Corp has a negative expected return of -0.31%. Please make sure to validate Summa Silver's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Summa Silver 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 Summa Silver Corp 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 fairly stable which may send shares a bit higher in December 2024. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
1 | Summa Silver announces 5 million brokered financing - MSN | 10/21/2024 |
2 | Closing Bell Summa Silver Corp Up On Friday - Barchart | 11/21/2024 |
| Begin Period Cash Flow | 6.8 M |
Summa |
Summa Silver Relative Risk vs. Return Landscape
If you would invest 36.00 in Summa Silver Corp on August 29, 2024 and sell it today you would lose (8.00) from holding Summa Silver Corp or give up 22.22% of portfolio value over 90 days. Summa Silver Corp is producing return of less than zero assuming 4.2996% volatility of returns over the 90 days investment horizon. Simply put, 38% of all stocks have less volatile historical return distribution than Summa Silver, 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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Summa Silver Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Summa Silver's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Summa Silver Corp, and traders can use it to determine the average amount a Summa Silver'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 = -0.0715
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| Negative Returns | SSVR |
Estimated Market Risk
| 4.3 actual daily | 38 62% of assets are more volatile |
Expected Return
| -0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Summa Silver 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 Summa Silver by adding Summa Silver to a well-diversified portfolio.
Summa Silver Fundamentals Growth
Summa Stock prices reflect investors' perceptions of the future prospects and financial health of Summa Silver, and Summa Silver 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 Summa Stock performance.
| Return On Equity | -0.064 | |||
| Return On Asset | -0.0306 | |||
| Current Valuation | 33.16 M | |||
| Shares Outstanding | 121.08 M | |||
| Price To Book | 0.79 X | |||
| EBITDA | (3.62 M) | |||
| Net Income | (2.84 M) | |||
| Cash And Equivalents | 13.58 M | |||
| Cash Per Share | 0.22 X | |||
| Total Debt | 279.13 K | |||
| Current Ratio | 33.21 X | |||
| Book Value Per Share | 0.43 X | |||
| Cash Flow From Operations | (2.06 M) | |||
| Earnings Per Share | (0.02) X | |||
| Market Capitalization | 35.11 M | |||
| Total Asset | 42.13 M | |||
| Retained Earnings | (10.67 M) | |||
| Working Capital | 7.09 M | |||
About Summa Silver Performance
Evaluating Summa Silver's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Summa Silver 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 Summa Silver 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 | (0.06) | (0.06) | |
| Return On Capital Employed | (0.05) | (0.05) | |
| Return On Assets | (0.06) | (0.06) | |
| Return On Equity | (0.06) | (0.06) |
Things to note about Summa Silver Corp performance evaluation
Checking the ongoing alerts about Summa Silver for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Summa Silver Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Summa Silver Corp generated a negative expected return over the last 90 days | |
| Summa Silver Corp has some characteristics of a very speculative penny stock | |
| Summa Silver Corp has high historical volatility and very poor performance | |
| Net Loss for the year was (2.84 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Summa Silver Corp has accumulated about 13.58 M in cash with (2.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.22. | |
| Roughly 31.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Closing Bell Summa Silver Corp Up On Friday - Barchart |
- Analyzing Summa Silver'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 Summa Silver's stock is overvalued or undervalued compared to its peers.
- Examining Summa Silver'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 Summa Silver's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Summa Silver's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Summa Silver's stock. These opinions can provide insight into Summa Silver's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Summa Stock Analysis
When running Summa Silver's price analysis, check to measure Summa Silver'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 Summa Silver is operating at the current time. Most of Summa Silver's value examination focuses on studying past and present price action to predict the probability of Summa Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summa Silver's price. Additionally, you may evaluate how the addition of Summa Silver to your portfolios can decrease your overall portfolio volatility.