Aston Bay Holdings Stock Performance
| BAY Stock | CAD 0.07 0.01 7.14% |
The firm shows a Beta (market volatility) of 1.05, which signifies a somewhat significant risk relative to the market. Aston Bay returns are very sensitive to returns on the market. As the market goes up or down, Aston Bay is expected to follow. At this point, Aston Bay Holdings has a negative expected return of -0.84%. Please make sure to confirm Aston Bay's skewness, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Aston Bay Holdings 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 Aston Bay Holdings 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
1 | Aston Bay Drilling outside of known mineralisation demonstrates potential - goldinvest.de | 09/27/2024 |
2 | Aston Bay Further Evidence of Extended, Deeper Copper Horizons at Storm - goldinvest.de | 10/30/2024 |
| Begin Period Cash Flow | 3751.00 | |
| Free Cash Flow | -2.5 M |
Aston |
Aston Bay Relative Risk vs. Return Landscape
If you would invest 12.00 in Aston Bay Holdings on August 31, 2024 and sell it today you would lose (5.50) from holding Aston Bay Holdings or give up 45.83% of portfolio value over 90 days. Aston Bay Holdings is currently producing negative expected returns and takes up 5.3688% volatility of returns over 90 trading days. Put another way, 47% of traded stocks are less volatile than Aston, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Aston Bay Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aston Bay's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Aston Bay Holdings, and traders can use it to determine the average amount a Aston Bay'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 = -0.1567
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BAY |
Estimated Market Risk
| 5.37 actual daily | 47 53% of assets are more volatile |
Expected Return
| -0.84 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Aston Bay 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 Aston Bay by adding Aston Bay to a well-diversified portfolio.
Aston Bay Fundamentals Growth
Aston Stock prices reflect investors' perceptions of the future prospects and financial health of Aston Bay, and Aston Bay 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 Aston Stock performance.
| Return On Equity | -0.21 | |||
| Return On Asset | -1.24 | |||
| Current Valuation | 16.53 M | |||
| Shares Outstanding | 252.95 M | |||
| Price To Earning | (7.19) X | |||
| Price To Book | 7.65 X | |||
| EBITDA | (3.07 M) | |||
| Net Income | (3.29 M) | |||
| Cash And Equivalents | 111.51 K | |||
| Total Debt | 532.23 K | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 0.32 X | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (2.46 M) | |||
| Earnings Per Share | (0.02) X | |||
| Market Capitalization | 16.44 M | |||
| Total Asset | 665.23 K | |||
| Retained Earnings | (28.88 M) | |||
| Working Capital | (393.44 K) | |||
About Aston Bay Performance
Evaluating Aston Bay's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Aston Bay 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 Aston Bay 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 | ||
| Return On Tangible Assets | (4.94) | (5.19) | |
| Return On Capital Employed | 7.82 | 8.21 | |
| Return On Assets | (4.94) | (5.19) | |
| Return On Equity | 8.36 | 8.78 |
Things to note about Aston Bay Holdings performance evaluation
Checking the ongoing alerts about Aston Bay for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Aston Bay Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Aston Bay Holdings generated a negative expected return over the last 90 days | |
| Aston Bay Holdings has high historical volatility and very poor performance | |
| Aston Bay Holdings has some characteristics of a very speculative penny stock | |
| Aston Bay Holdings has a very high chance of going through financial distress in the upcoming years | |
| Aston Bay Holdings has accumulated 532.23 K in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Aston Bay Holdings has a current ratio of 0.31, 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 Aston Bay until it has trouble settling it off, either with new capital or with free cash flow. So, Aston Bay'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 Aston Bay Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Aston to invest in growth at high rates of return. When we think about Aston Bay's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (3.29 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Aston Bay Holdings has accumulated about 111.51 K in cash with (2.46 M) of positive cash flow from operations. |
- Analyzing Aston Bay'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 Aston Bay's stock is overvalued or undervalued compared to its peers.
- Examining Aston Bay'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 Aston Bay's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Aston Bay's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Aston Bay's stock. These opinions can provide insight into Aston Bay's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Aston Stock Analysis
When running Aston Bay's price analysis, check to measure Aston Bay'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 Aston Bay is operating at the current time. Most of Aston Bay's value examination focuses on studying past and present price action to predict the probability of Aston Bay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aston Bay's price. Additionally, you may evaluate how the addition of Aston Bay to your portfolios can decrease your overall portfolio volatility.