Bitterroot Resources Stock Performance
| BITTF Stock | USD 0.03 0 10.18% |
Bitterroot Resources holds a performance score of 7 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -1.52, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Bitterroot Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Bitterroot Resources is expected to outperform it. Use Bitterroot Resources value at risk, as well as the relationship between the skewness and day typical price , to analyze future returns on Bitterroot Resources.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Bitterroot Resources are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Bitterroot Resources reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 17 K | |
| Total Cashflows From Investing Activities | -1.1 M |
Bitterroot |
Bitterroot Resources Relative Risk vs. Return Landscape
If you would invest 2.31 in Bitterroot Resources on August 30, 2024 and sell it today you would earn a total of 0.69 from holding Bitterroot Resources or generate 29.87% return on investment over 90 days. Bitterroot Resources is currently producing 1.4642% returns and takes up 15.7799% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Bitterroot, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Bitterroot Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bitterroot Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Bitterroot Resources, and traders can use it to determine the average amount a Bitterroot Resources' 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 = 0.0928
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Estimated Market Risk
| 15.78 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.46 actual daily | 29 71% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Bitterroot Resources is performing at about 7% 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 Bitterroot Resources by adding it to a well-diversified portfolio.
Bitterroot Resources Fundamentals Growth
Bitterroot Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Bitterroot Resources, and Bitterroot Resources 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 Bitterroot Pink Sheet performance.
| Return On Equity | -0.0673 | |||
| Return On Asset | -0.0363 | |||
| Current Valuation | 1.81 M | |||
| Shares Outstanding | 92.08 M | |||
| Price To Earning | 81.70 X | |||
| Price To Book | 0.49 X | |||
| EBITDA | (860.59 K) | |||
| Cash And Equivalents | 691.03 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 47.74 K | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 0.08 X | |||
| Cash Flow From Operations | (470.11 K) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 6.31 M | |||
About Bitterroot Resources Performance
By analyzing Bitterroot Resources' fundamental ratios, stakeholders can gain valuable insights into Bitterroot Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Bitterroot Resources 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 Bitterroot Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Bitterroot Resources Ltd., an exploration stage company, engages in the acquisition, development, exploration, and evaluation of mineral properties in the United States. The company was incorporated in 1951 and is headquartered in West Vancouver, Canada. Bitterroot Resources is traded on OTC Exchange in the United States.Things to note about Bitterroot Resources performance evaluation
Checking the ongoing alerts about Bitterroot Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Bitterroot Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Bitterroot Resources is way too risky over 90 days horizon | |
| Bitterroot Resources has some characteristics of a very speculative penny stock | |
| Bitterroot Resources appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (883.92 K) with loss before overhead, payroll, taxes, and interest of (11.17 K). | |
| Bitterroot Resources has accumulated about 691.03 K in cash with (470.11 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 27.0% of the company shares are held by company insiders |
- Analyzing Bitterroot Resources' 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 Bitterroot Resources' stock is overvalued or undervalued compared to its peers.
- Examining Bitterroot Resources' 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 Bitterroot Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Bitterroot Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Bitterroot Resources' pink sheet. These opinions can provide insight into Bitterroot Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Bitterroot Pink Sheet analysis
When running Bitterroot Resources' price analysis, check to measure Bitterroot Resources' 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 Bitterroot Resources is operating at the current time. Most of Bitterroot Resources' value examination focuses on studying past and present price action to predict the probability of Bitterroot Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bitterroot Resources' price. Additionally, you may evaluate how the addition of Bitterroot Resources to your portfolios can decrease your overall portfolio volatility.
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