Tanzanian Royalty Exploration Stock Performance
| TRX Stock | USD 0.36 0.01 2.86% |
The entity has a beta of 0.18, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tanzanian Royalty's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tanzanian Royalty is expected to be smaller as well. At this point, Tanzanian Royalty has a negative expected return of -0.058%. Please make sure to validate Tanzanian Royalty's potential upside and the relationship between the accumulation distribution and period momentum indicator , to decide if Tanzanian Royalty 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 Tanzanian Royalty Exploration has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong basic indicators, Tanzanian Royalty is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
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| Begin Period Cash Flow | 8.5 M |
Tanzanian |
Tanzanian Royalty Relative Risk vs. Return Landscape
If you would invest 38.00 in Tanzanian Royalty Exploration on August 31, 2024 and sell it today you would lose (2.00) from holding Tanzanian Royalty Exploration or give up 5.26% of portfolio value over 90 days. Tanzanian Royalty Exploration is generating negative expected returns assuming volatility of 2.3224% on return distribution over 90 days investment horizon. In other words, 20% of stocks are less volatile than Tanzanian, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Tanzanian Royalty Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tanzanian Royalty's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tanzanian Royalty Exploration, and traders can use it to determine the average amount a Tanzanian Royalty'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 = -0.025
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TRX |
Estimated Market Risk
| 2.32 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tanzanian Royalty 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 Tanzanian Royalty by adding Tanzanian Royalty to a well-diversified portfolio.
Tanzanian Royalty Fundamentals Growth
Tanzanian Stock prices reflect investors' perceptions of the future prospects and financial health of Tanzanian Royalty, and Tanzanian Royalty 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 Tanzanian Stock performance.
| Return On Equity | 0.042 | ||||
| Return On Asset | 0.0612 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | 0.24 % | ||||
| Current Valuation | 90.86 M | ||||
| Shares Outstanding | 279.57 M | ||||
| Price To Earning | (4.03) X | ||||
| Price To Book | 1.87 X | ||||
| Price To Sales | 2.68 X | ||||
| Revenue | 38.32 M | ||||
| Gross Profit | 9.5 M | ||||
| EBITDA | 15.45 M | ||||
| Net Income | 7.04 M | ||||
| Cash And Equivalents | 10.46 M | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 101 K | ||||
| Debt To Equity | 0.23 % | ||||
| Current Ratio | 1.45 X | ||||
| Book Value Per Share | 0.19 X | ||||
| Cash Flow From Operations | 17.33 M | ||||
| Market Capitalization | 98.58 M | ||||
| Total Asset | 84.2 M | ||||
| Retained Earnings | (121.53 M) | ||||
| Working Capital | (617 K) | ||||
| Current Asset | 787 K | ||||
| Current Liabilities | 9.81 M | ||||
About Tanzanian Royalty Performance
Evaluating Tanzanian Royalty's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Tanzanian Royalty 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 Tanzanian Royalty 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 | ||
| Days Of Inventory On Hand | 80.97 | 76.93 | |
| Return On Tangible Assets | 0.03 | 0.03 | |
| Return On Capital Employed | 0.14 | 0.15 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.05 | 0.05 |
Things to note about Tanzanian Royalty performance evaluation
Checking the ongoing alerts about Tanzanian Royalty for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Tanzanian Royalty help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tanzanian Royalty generated a negative expected return over the last 90 days | |
| Tanzanian Royalty has some characteristics of a very speculative penny stock | |
| Tanzanian Royalty has a strong financial position based on the latest SEC filings | |
| Latest headline from nulltx.com: SunSwap Sees Renewed Activity As TRON-Based Meme Coins Gain Momentum |
- Analyzing Tanzanian Royalty'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 Tanzanian Royalty's stock is overvalued or undervalued compared to its peers.
- Examining Tanzanian Royalty'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 Tanzanian Royalty's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tanzanian Royalty's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tanzanian Royalty's stock. These opinions can provide insight into Tanzanian Royalty's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Tanzanian Stock Analysis
When running Tanzanian Royalty's price analysis, check to measure Tanzanian Royalty'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 Tanzanian Royalty is operating at the current time. Most of Tanzanian Royalty's value examination focuses on studying past and present price action to predict the probability of Tanzanian Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tanzanian Royalty's price. Additionally, you may evaluate how the addition of Tanzanian Royalty to your portfolios can decrease your overall portfolio volatility.