Abcourt Mines Stock Performance
| ABMBF Stock | USD 0.04 0.01 33.33% |
On a scale of 0 to 100, Abcourt Mines holds a performance score of 3. The firm shows a Beta (market volatility) of 0.84, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Abcourt Mines' returns are expected to increase less than the market. However, during the bear market, the loss of holding Abcourt Mines is expected to be smaller as well. Please check Abcourt Mines' maximum drawdown, day median price, and the relationship between the jensen alpha and kurtosis , to make a quick decision on whether Abcourt Mines' price patterns will revert.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Abcourt Mines are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile fundamental drivers, Abcourt Mines reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 2.5 M | |
| Total Cashflows From Investing Activities | -5 M |
Abcourt |
Abcourt Mines Relative Risk vs. Return Landscape
If you would invest 4.00 in Abcourt Mines on September 3, 2024 and sell it today you would earn a total of 0.00 from holding Abcourt Mines or generate 0.0% return on investment over 90 days. Abcourt Mines is currently producing 0.4687% returns and takes up 9.9357% volatility of returns over 90 trading days. Put another way, 88% of traded otc stocks are less volatile than Abcourt, and 91% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Abcourt Mines Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Abcourt Mines' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Abcourt Mines, and traders can use it to determine the average amount a Abcourt Mines' 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 = 0.0472
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Estimated Market Risk
| 9.94 actual daily | 88 88% of assets are less volatile |
Expected Return
| 0.47 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Abcourt Mines is performing at about 3% 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 Abcourt Mines by adding it to a well-diversified portfolio.
Abcourt Mines Fundamentals Growth
Abcourt OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Abcourt Mines, and Abcourt Mines 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 Abcourt OTC Stock performance.
| Return On Equity | -1.34 | |||
| Return On Asset | -0.24 | |||
| Profit Margin | (1.82) % | |||
| Operating Margin | (0.88) % | |||
| Current Valuation | 15.05 M | |||
| Shares Outstanding | 348.81 M | |||
| Price To Earning | 6.00 X | |||
| Price To Book | 2.32 X | |||
| Price To Sales | 0.91 X | |||
| Revenue | 20.39 M | |||
| EBITDA | (1.98 M) | |||
| Cash And Equivalents | 1.06 M | |||
| Total Debt | 604.24 K | |||
| Debt To Equity | 0.08 % | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | 1.08 M | |||
| Earnings Per Share | (0) X | |||
| Total Asset | 23.94 M | |||
About Abcourt Mines Performance
By analyzing Abcourt Mines' fundamental ratios, stakeholders can gain valuable insights into Abcourt Mines' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Abcourt Mines 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 Abcourt Mines has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Abcourt Mines Inc. engages in the acquisition, exploration, evaluation, and exploitation of gold mining properties in Canada. Abcourt Mines Inc. was incorporated in 1971 and is headquartered in Rouyn-Noranda, Canada. Abcourt Mines operates under Gold classification in the United States and is traded on OTC Exchange.Things to note about Abcourt Mines performance evaluation
Checking the ongoing alerts about Abcourt Mines for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Abcourt Mines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Abcourt Mines had very high historical volatility over the last 90 days | |
| Abcourt Mines has some characteristics of a very speculative penny stock | |
| Abcourt Mines has accumulated 604.24 K in total debt with debt to equity ratio (D/E) of 0.08, which may suggest the company is not taking enough advantage from borrowing. Abcourt Mines has a current ratio of 0.52, 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 Abcourt Mines until it has trouble settling it off, either with new capital or with free cash flow. So, Abcourt Mines' 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 Abcourt Mines sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Abcourt to invest in growth at high rates of return. When we think about Abcourt Mines' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 20.39 M. Net Loss for the year was (27.9 M) with loss before overhead, payroll, taxes, and interest of (555.18 K). | |
| About 50.0% of Abcourt Mines shares are held by company insiders |
- Analyzing Abcourt Mines' 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 Abcourt Mines' stock is overvalued or undervalued compared to its peers.
- Examining Abcourt Mines' 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 Abcourt Mines' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Abcourt Mines' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Abcourt Mines' otc stock. These opinions can provide insight into Abcourt Mines' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Abcourt OTC Stock analysis
When running Abcourt Mines' price analysis, check to measure Abcourt Mines' 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 Abcourt Mines is operating at the current time. Most of Abcourt Mines' value examination focuses on studying past and present price action to predict the probability of Abcourt Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abcourt Mines' price. Additionally, you may evaluate how the addition of Abcourt Mines to your portfolios can decrease your overall portfolio volatility.
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