Beyond Minerals Stock Performance
| BYDMF Stock | USD 0.03 0.0004 1.42% |
On a scale of 0 to 100, Beyond Minerals holds a performance score of 2. The firm shows a Beta (market volatility) of -0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Beyond Minerals are expected to decrease at a much lower rate. During the bear market, Beyond Minerals is likely to outperform the market. Please check Beyond Minerals' potential upside and the relationship between the skewness and relative strength index , to make a quick decision on whether Beyond Minerals' price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Beyond Minerals are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile primary indicators, Beyond Minerals reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 8674.00 | |
| Free Cash Flow | -193.4 K |
Beyond |
Beyond Minerals Relative Risk vs. Return Landscape
If you would invest 4.42 in Beyond Minerals on September 1, 2024 and sell it today you would lose (1.65) from holding Beyond Minerals or give up 37.33% of portfolio value over 90 days. Beyond Minerals is currently producing 0.455% returns and takes up 16.5192% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Beyond, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Beyond Minerals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beyond Minerals' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Beyond Minerals, and traders can use it to determine the average amount a Beyond Minerals' 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 = 0.0275
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Estimated Market Risk
| 16.52 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.46 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Beyond Minerals is performing at about 2% 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 Beyond Minerals by adding it to a well-diversified portfolio.
Beyond Minerals Fundamentals Growth
Beyond Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Beyond Minerals, and Beyond Minerals 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 Beyond Pink Sheet performance.
| Return On Equity | -0.65 | |||
| Return On Asset | -0.3 | |||
| Current Valuation | 2.31 M | |||
| Shares Outstanding | 15.41 M | |||
| Price To Book | 13.00 X | |||
| EBITDA | (263.07 K) | |||
| Cash And Equivalents | 706.5 K | |||
| Cash Per Share | 0.05 X | |||
| Book Value Per Share | 0.04 X | |||
| Cash Flow From Operations | (193.42 K) | |||
| Total Asset | 522.49 K | |||
About Beyond Minerals Performance
By analyzing Beyond Minerals' fundamental ratios, stakeholders can gain valuable insights into Beyond Minerals' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Beyond Minerals 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 Beyond Minerals has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Beyond Minerals Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. Beyond Minerals Inc. was incorporated in 2019 and is headquartered in Winnipeg, Canada. Beyond Minerals operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Beyond Minerals performance evaluation
Checking the ongoing alerts about Beyond Minerals for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Beyond Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Beyond Minerals had very high historical volatility over the last 90 days | |
| Beyond Minerals has some characteristics of a very speculative penny stock | |
| Beyond Minerals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (263.07 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Beyond Minerals has accumulated about 706.5 K in cash with (193.42 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 28.0% of the company shares are held by company insiders |
- Analyzing Beyond Minerals' 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 Beyond Minerals' stock is overvalued or undervalued compared to its peers.
- Examining Beyond Minerals' 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 Beyond Minerals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Beyond Minerals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Beyond Minerals' pink sheet. These opinions can provide insight into Beyond Minerals' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Beyond Pink Sheet analysis
When running Beyond Minerals' price analysis, check to measure Beyond Minerals' 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 Beyond Minerals is operating at the current time. Most of Beyond Minerals' value examination focuses on studying past and present price action to predict the probability of Beyond Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beyond Minerals' price. Additionally, you may evaluate how the addition of Beyond Minerals to your portfolios can decrease your overall portfolio volatility.
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