Transition Metals Corp Stock Performance
| TNTMF Stock | USD 0.03 0.01 14.51% |
The entity has a beta of -2.41, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Transition Metals are expected to decrease by larger amounts. On the other hand, during market turmoil, Transition Metals is expected to outperform it. At this point, Transition Metals Corp has a negative expected return of -0.11%. Please make sure to validate Transition Metals' total risk alpha and the relationship between the potential upside and market facilitation index , to decide if Transition Metals 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 Transition Metals Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's primary indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
| Begin Period Cash Flow | 2.8 M | |
| Free Cash Flow | -2.1 M |
Transition |
Transition Metals Relative Risk vs. Return Landscape
If you would invest 5.19 in Transition Metals Corp on August 26, 2024 and sell it today you would lose (1.95) from holding Transition Metals Corp or give up 37.57% of portfolio value over 90 days. Transition Metals Corp is currently producing negative expected returns and takes up 11.5242% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Transition, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Transition Metals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Transition Metals' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Transition Metals Corp, and traders can use it to determine the average amount a Transition Metals' 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 = -0.0094
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| Negative Returns | TNTMF |
Estimated Market Risk
| 11.52 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Transition Metals 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 Transition Metals by adding Transition Metals to a well-diversified portfolio.
Transition Metals Fundamentals Growth
Transition Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Transition Metals, and Transition Metals 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 Transition Pink Sheet performance.
| Return On Equity | -0.65 | |||
| Return On Asset | -0.19 | |||
| Current Valuation | (86 K) | |||
| Shares Outstanding | 57.36 M | |||
| Price To Earning | 0.81 X | |||
| Price To Book | 0.79 X | |||
| Price To Sales | 75.01 X | |||
| EBITDA | (1.78 M) | |||
| Cash And Equivalents | 3.84 M | |||
| Cash Per Share | 0.07 X | |||
| Book Value Per Share | 0.06 X | |||
| Cash Flow From Operations | (2.13 M) | |||
| Earnings Per Share | (0.03) X | |||
| Total Asset | 4.84 M | |||
About Transition Metals Performance
By analyzing Transition Metals' fundamental ratios, stakeholders can gain valuable insights into Transition Metals' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Transition Metals 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 Transition Metals has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Transition Metals Corp. engages in the acquisition and exploration of mineral properties in Canada and the United States. The companys project portfolio includes Thunder Bay Ni-Cu-PGMs, Saskatchewan Copper, Abitibi gold, and Sudbury Area projects. Transition Metals is traded on OTC Exchange in the United States.Things to note about Transition Metals Corp performance evaluation
Checking the ongoing alerts about Transition Metals for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Transition Metals Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Transition Metals generated a negative expected return over the last 90 days | |
| Transition Metals has high historical volatility and very poor performance | |
| Transition Metals has some characteristics of a very speculative penny stock | |
| Transition Metals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (4.48 M) with profit before overhead, payroll, taxes, and interest of 5.49 K. | |
| Transition Metals Corp has accumulated about 3.84 M in cash with (2.13 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Transition Metals' 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 Transition Metals' stock is overvalued or undervalued compared to its peers.
- Examining Transition Metals' 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 Transition Metals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Transition Metals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Transition Metals' pink sheet. These opinions can provide insight into Transition Metals' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Transition Pink Sheet analysis
When running Transition Metals' price analysis, check to measure Transition Metals' 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 Transition Metals is operating at the current time. Most of Transition Metals' value examination focuses on studying past and present price action to predict the probability of Transition Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transition Metals' price. Additionally, you may evaluate how the addition of Transition Metals to your portfolios can decrease your overall portfolio volatility.
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