Wealth Minerals Stock Performance
| WML Stock | CAD 0.06 0.01 8.33% |
The firm maintains a market beta of -0.0129, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Wealth Minerals are expected to decrease at a much lower rate. During the bear market, Wealth Minerals is likely to outperform the market. At this point, Wealth Minerals has a negative expected return of -0.22%. Please make sure to check out Wealth Minerals' jensen alpha and the relationship between the potential upside and period momentum indicator , to decide if Wealth Minerals 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 Wealth Minerals has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal 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
| Begin Period Cash Flow | 5.3 M |
Wealth |
Wealth Minerals Relative Risk vs. Return Landscape
If you would invest 8.00 in Wealth Minerals on August 29, 2024 and sell it today you would lose (2.50) from holding Wealth Minerals or give up 31.25% of portfolio value over 90 days. Wealth Minerals is currently producing negative expected returns and takes up 8.7151% volatility of returns over 90 trading days. Put another way, 77% of traded stocks are less volatile than Wealth, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Wealth Minerals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wealth Minerals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Wealth Minerals, and traders can use it to determine the average amount a Wealth Minerals' 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 = -0.0258
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| Negative Returns | WML |
Estimated Market Risk
| 8.72 actual daily | 77 77% of assets are less volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wealth Minerals 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 Wealth Minerals by adding Wealth Minerals to a well-diversified portfolio.
Wealth Minerals Fundamentals Growth
Wealth Stock prices reflect investors' perceptions of the future prospects and financial health of Wealth Minerals, and Wealth Minerals 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 Wealth Stock performance.
| Return On Equity | -0.28 | |||
| Return On Asset | -0.11 | |||
| Current Valuation | 15.13 M | |||
| Shares Outstanding | 335.91 M | |||
| Price To Earning | (13.15) X | |||
| Price To Book | 0.43 X | |||
| EBITDA | (10.83 M) | |||
| Cash And Equivalents | 130.92 K | |||
| Total Debt | 27.12 K | |||
| Debt To Equity | 6.40 % | |||
| Book Value Per Share | 0.14 X | |||
| Cash Flow From Operations | (7.51 M) | |||
| Earnings Per Share | (0.05) X | |||
| Total Asset | 55.33 M | |||
| Retained Earnings | (148.57 M) | |||
About Wealth Minerals Performance
Evaluating Wealth Minerals' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Wealth Minerals 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 Wealth Minerals 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.
Wealth Minerals Ltd., a junior mineral resource exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada, Mexico, Peru, and Chile. The company was founded in 1994 and is headquartered in Vancouver, Canada. WEALTH MINERALS operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.Things to note about Wealth Minerals performance evaluation
Checking the ongoing alerts about Wealth Minerals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Wealth Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Wealth Minerals generated a negative expected return over the last 90 days | |
| Wealth Minerals has high historical volatility and very poor performance | |
| Wealth Minerals has some characteristics of a very speculative penny stock | |
| Wealth Minerals has high likelihood to experience some financial distress in the next 2 years | |
| Wealth Minerals has accumulated 27.12 K in total debt with debt to equity ratio (D/E) of 6.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Wealth Minerals has a current ratio of 0.25, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Wealth Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, Wealth Minerals' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Wealth Minerals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wealth to invest in growth at high rates of return. When we think about Wealth Minerals' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (10.42 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Wealth Minerals has accumulated about 130.92 K in cash with (7.51 M) of positive cash flow from operations. |
- Analyzing Wealth Minerals' 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 Wealth Minerals' stock is overvalued or undervalued compared to its peers.
- Examining Wealth Minerals' 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 Wealth Minerals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Wealth Minerals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Wealth Minerals' stock. These opinions can provide insight into Wealth Minerals' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Wealth Stock Analysis
When running Wealth Minerals' price analysis, check to measure Wealth Minerals' 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 Wealth Minerals is operating at the current time. Most of Wealth Minerals' value examination focuses on studying past and present price action to predict the probability of Wealth Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wealth Minerals' price. Additionally, you may evaluate how the addition of Wealth Minerals to your portfolios can decrease your overall portfolio volatility.