C29 Metals (Australia) Performance
| C29 Stock | 0.04 0.01 14.71% |
The firm owns a Beta (Systematic Risk) of -0.38, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning C29 Metals are expected to decrease at a much lower rate. During the bear market, C29 Metals is likely to outperform the market. At this point, C29 Metals has a negative expected return of -0.9%. Please make sure to confirm C29 Metals' mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if C29 Metals performance from the past will be repeated sooner or later.
Risk-Adjusted Performance
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Over the last 90 days C29 Metals has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in March 2025. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
1 | C29 to begin exploration at Ulytau uranium project - Stockhead | 11/12/2024 |
2 | C29 Metals Limited Trading Halt - Investing News Network | 11/28/2024 |
3 | C29 Metals Limited Directors Interest Update - TipRanks | 01/28/2025 |
| Begin Period Cash Flow | 1.3 M | |
| Free Cash Flow | -2.3 M |
C29 |
C29 Metals Relative Risk vs. Return Landscape
If you would invest 9.30 in C29 Metals on November 3, 2024 and sell it today you would lose (5.40) from holding C29 Metals or give up 58.06% of portfolio value over 90 days. C29 Metals is producing return of less than zero assuming 9.3661% volatility of returns over the 90 days investment horizon. Simply put, 83% of all stocks have less volatile historical return distribution than C29 Metals, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
C29 Metals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for C29 Metals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as C29 Metals, and traders can use it to determine the average amount a C29 Metals' 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 = -0.096
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| Negative Returns | C29 |
Estimated Market Risk
| 9.37 actual daily | 83 83% of assets are less volatile |
Expected Return
| -0.9 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average C29 Metals 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 C29 Metals by adding C29 Metals to a well-diversified portfolio.
C29 Metals Fundamentals Growth
C29 Stock prices reflect investors' perceptions of the future prospects and financial health of C29 Metals, and C29 Metals 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 C29 Stock performance.
| Return On Equity | -0.57 | ||||
| Return On Asset | -0.33 | ||||
| Operating Margin | 427.58 % | ||||
| Current Valuation | 3.24 M | ||||
| Shares Outstanding | 174.19 M | ||||
| Price To Book | 0.91 X | ||||
| Price To Sales | 177.34 X | ||||
| Revenue | (300) | ||||
| Gross Profit | 20.07 K | ||||
| EBITDA | (1.28 M) | ||||
| Net Income | (3.42 M) | ||||
| Cash And Equivalents | 3.14 M | ||||
| Total Debt | 15.47 K | ||||
| Book Value Per Share | 0.05 X | ||||
| Cash Flow From Operations | (1.44 M) | ||||
| Earnings Per Share | (0.05) X | ||||
| Total Asset | 7.67 M | ||||
| Retained Earnings | (7.12 M) | ||||
About C29 Metals Performance
Assessing C29 Metals' fundamental ratios provides investors with valuable insights into C29 Metals' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the C29 Metals is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
C29 Metals is entity of Australia. It is traded as Stock on AU exchange.Things to note about C29 Metals performance evaluation
Checking the ongoing alerts about C29 Metals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for C29 Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| C29 Metals generated a negative expected return over the last 90 days | |
| C29 Metals has high historical volatility and very poor performance | |
| C29 Metals has some characteristics of a very speculative penny stock | |
| C29 Metals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (3.42 M) with profit before overhead, payroll, taxes, and interest of 20.07 K. | |
| C29 Metals has accumulated about 3.14 M in cash with (1.44 M) of positive cash flow from operations. | |
| Roughly 34.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: C29 Metals Limited Directors Interest Update - TipRanks |
- Analyzing C29 Metals' 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 C29 Metals' stock is overvalued or undervalued compared to its peers.
- Examining C29 Metals' 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 C29 Metals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of C29 Metals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of C29 Metals' stock. These opinions can provide insight into C29 Metals' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for C29 Stock Analysis
When running C29 Metals' price analysis, check to measure C29 Metals' 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 C29 Metals is operating at the current time. Most of C29 Metals' value examination focuses on studying past and present price action to predict the probability of C29 Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move C29 Metals' price. Additionally, you may evaluate how the addition of C29 Metals to your portfolios can decrease your overall portfolio volatility.