DevEx Resources (Germany) Performance
| BUU Stock | EUR 0.07 0.01 7.41% |
On a scale of 0 to 100, DevEx Resources holds a performance score of 3. The firm shows a Beta (market volatility) of 1.69, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, DevEx Resources will likely underperform. Please check DevEx Resources' downside variance, kurtosis, and the relationship between the value at risk and expected short fall , to make a quick decision on whether DevEx Resources' 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 DevEx Resources Limited are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, DevEx Resources reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 16.6 M | |
| Total Cashflows From Investing Activities | -188.3 K |
DevEx |
DevEx Resources Relative Risk vs. Return Landscape
If you would invest 12.00 in DevEx Resources Limited on August 27, 2024 and sell it today you would lose (3.90) from holding DevEx Resources Limited or give up 32.5% of portfolio value over 90 days. DevEx Resources Limited is currently producing 0.6064% returns and takes up 15.8636% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than DevEx, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
DevEx Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DevEx Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as DevEx Resources Limited, and traders can use it to determine the average amount a DevEx 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 = 0.0382
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Estimated Market Risk
| 15.86 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average DevEx Resources 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 DevEx Resources by adding it to a well-diversified portfolio.
DevEx Resources Fundamentals Growth
DevEx Stock prices reflect investors' perceptions of the future prospects and financial health of DevEx Resources, and DevEx 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 DevEx Stock performance.
| Return On Equity | -0.96 | |||
| Return On Asset | -0.48 | |||
| Current Valuation | 74.95 M | |||
| Shares Outstanding | 370.78 M | |||
| Price To Book | 13.65 X | |||
| EBITDA | (11.64 M) | |||
| Cash And Equivalents | 110.51 K | |||
| Book Value Per Share | 0.03 X | |||
| Cash Flow From Operations | (9.24 M) | |||
| Earnings Per Share | (0.02) X | |||
| Total Asset | 11.29 M | |||
About DevEx Resources Performance
By analyzing DevEx Resources' fundamental ratios, stakeholders can gain valuable insights into DevEx Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if DevEx 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 DevEx Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Uranium Equities Limited engages in the exploration and evaluation of mineral properties in Australia. Uranium Equities Limited is headquartered in West Perth, Australia. DevEx Resources is traded on Frankfurt Stock Exchange in Germany.Things to note about DevEx Resources performance evaluation
Checking the ongoing alerts about DevEx Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for DevEx Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| DevEx Resources is way too risky over 90 days horizon | |
| DevEx Resources has some characteristics of a very speculative penny stock | |
| DevEx Resources appears to be risky and price may revert if volatility continues | |
| DevEx Resources has a very high chance of going through financial distress in the upcoming years | |
| The company has a current ratio of 0.42, 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 DevEx Resources until it has trouble settling it off, either with new capital or with free cash flow. So, DevEx Resources' 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 DevEx Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for DevEx to invest in growth at high rates of return. When we think about DevEx Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (11.91 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| DevEx Resources Limited has accumulated about 110.51 K in cash with (9.24 M) of positive cash flow from operations. | |
| Roughly 30.0% of the company shares are held by company insiders |
- Analyzing DevEx 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 DevEx Resources' stock is overvalued or undervalued compared to its peers.
- Examining DevEx 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 DevEx Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of DevEx Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of DevEx Resources' stock. These opinions can provide insight into DevEx Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for DevEx Stock analysis
When running DevEx Resources' price analysis, check to measure DevEx 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 DevEx Resources is operating at the current time. Most of DevEx Resources' value examination focuses on studying past and present price action to predict the probability of DevEx Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DevEx Resources' price. Additionally, you may evaluate how the addition of DevEx Resources to your portfolios can decrease your overall portfolio volatility.
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