Alliance Mining Corp Stock Performance
| ALM Stock | CAD 0.20 0.00 0.00% |
Alliance Mining holds a performance score of 15 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Alliance Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alliance Mining is expected to be smaller as well. Use Alliance Mining standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and rate of daily change , to analyze future returns on Alliance Mining.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Alliance Mining Corp are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unfluctuating basic indicators, Alliance Mining showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:25 | Dividend Date 2020-10-16 | Last Split Date 2020-10-16 |
1 | Gold Alliance Review 2024 A Trustworthy Place for Gold Investments - FinanceBuzz | 09/12/2024 |
2 | Alliance Mining Clarifies Shareholder Information - TipRanks | 11/08/2024 |
| Begin Period Cash Flow | 212.00 |
Alliance |
Alliance Mining Relative Risk vs. Return Landscape
If you would invest 8.00 in Alliance Mining Corp on August 29, 2024 and sell it today you would earn a total of 12.00 from holding Alliance Mining Corp or generate 150.0% return on investment over 90 days. Alliance Mining Corp is currently producing 1.8303% returns and takes up 9.1577% volatility of returns over 90 trading days. Put another way, 81% of traded stocks are less volatile than Alliance, and 64% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Alliance Mining Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alliance Mining's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Alliance Mining Corp, and traders can use it to determine the average amount a Alliance Mining'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 = 0.1999
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Estimated Market Risk
| 9.16 actual daily | 81 81% of assets are less volatile |
Expected Return
| 1.83 actual daily | 36 64% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Alliance Mining is performing at about 15% 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 Alliance Mining by adding it to a well-diversified portfolio.
Alliance Mining Fundamentals Growth
Alliance Stock prices reflect investors' perceptions of the future prospects and financial health of Alliance Mining, and Alliance Mining 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 Alliance Stock performance.
| Return On Asset | -21.59 | ||||
| Current Valuation | 1.91 M | ||||
| Shares Outstanding | 8.74 M | ||||
| Price To Book | 9.95 X | ||||
| EBITDA | (369.4 K) | ||||
| Net Income | (660.08 K) | ||||
| Cash And Equivalents | 4.57 K | ||||
| Total Debt | 246.23 K | ||||
| Debt To Equity | 0.39 % | ||||
| Book Value Per Share | (0.26) X | ||||
| Cash Flow From Operations | (41.01 K) | ||||
| Earnings Per Share | (0.12) X | ||||
| Total Asset | 4.72 K | ||||
| Retained Earnings | (8.74 M) | ||||
About Alliance Mining Performance
Evaluating Alliance Mining's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Alliance Mining 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 Alliance Mining 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.
Alliance Mining Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company was incorporated in 2002 and is headquartered in Vancouver, Canada. ALLIANCE MINING operates under Gold classification in Canada and is traded on TSX Venture Exchange.Things to note about Alliance Mining Corp performance evaluation
Checking the ongoing alerts about Alliance Mining for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Alliance Mining Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Alliance Mining Corp is way too risky over 90 days horizon | |
| Alliance Mining Corp has some characteristics of a very speculative penny stock | |
| Alliance Mining Corp appears to be risky and price may revert if volatility continues | |
| Alliance Mining Corp has accumulated 246.23 K in total debt with debt to equity ratio (D/E) of 0.39, which is about average as compared to similar companies. Alliance Mining Corp has a current ratio of 0.01, 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 Alliance Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Alliance Mining's 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 Alliance Mining Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Alliance to invest in growth at high rates of return. When we think about Alliance Mining's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (660.08 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Alliance Mining Corp has accumulated about 4.57 K in cash with (41.01 K) of positive cash flow from operations. | |
| Roughly 26.0% of Alliance Mining shares are held by company insiders | |
| Latest headline from news.google.com: Alliance Mining Clarifies Shareholder Information - TipRanks |
- Analyzing Alliance Mining'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 Alliance Mining's stock is overvalued or undervalued compared to its peers.
- Examining Alliance Mining'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 Alliance Mining's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Alliance Mining's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Alliance Mining's stock. These opinions can provide insight into Alliance Mining's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Alliance Stock Analysis
When running Alliance Mining's price analysis, check to measure Alliance Mining'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 Alliance Mining is operating at the current time. Most of Alliance Mining's value examination focuses on studying past and present price action to predict the probability of Alliance Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alliance Mining's price. Additionally, you may evaluate how the addition of Alliance Mining to your portfolios can decrease your overall portfolio volatility.