Clean Air Metals Stock Performance
| CLRMF Stock | USD 0.04 0.0008 1.99% |
Clean Air holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.6, which signifies 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, Clean Air will likely underperform. Use Clean Air potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to analyze future returns on Clean Air.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Clean Air Metals are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak primary indicators, Clean Air reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 6.7 M | |
| Total Cashflows From Investing Activities | -14.2 M |
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Clean Air Relative Risk vs. Return Landscape
If you would invest 2.80 in Clean Air Metals on August 28, 2024 and sell it today you would earn a total of 1.30 from holding Clean Air Metals or generate 46.43% return on investment over 90 days. Clean Air Metals is currently producing 1.0375% returns and takes up 9.8338% volatility of returns over 90 trading days. Put another way, 87% of traded otc stocks are less volatile than Clean, and 80% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Clean Air Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clean Air's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Clean Air Metals, and traders can use it to determine the average amount a Clean Air'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 = 0.1055
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Estimated Market Risk
| 9.83 actual daily | 87 87% of assets are less volatile |
Expected Return
| 1.04 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Clean Air is performing at about 8% 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 Clean Air by adding it to a well-diversified portfolio.
Clean Air Fundamentals Growth
Clean OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Clean Air, and Clean Air 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 Clean OTC Stock performance.
| Return On Equity | -0.1 | |||
| Return On Asset | -0.0387 | |||
| Current Valuation | 18.84 M | |||
| Shares Outstanding | 223.6 M | |||
| Price To Book | 0.69 X | |||
| EBITDA | (1.63 M) | |||
| Cash And Equivalents | 3.13 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 912.95 K | |||
| Debt To Equity | 0.02 % | |||
| Book Value Per Share | 0.18 X | |||
| Cash Flow From Operations | (1.79 M) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 35.06 M | |||
About Clean Air Performance
By analyzing Clean Air's fundamental ratios, stakeholders can gain valuable insights into Clean Air's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Clean Air 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 Clean Air has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Clean Air Metals Inc., an exploration stage company, engages in the identification, acquisition, exploration, and development of mineral properties in Canada. The company was formerly known as Regency Gold Corp. and changed its name to Clean Air Metals Inc. in April 2020. Clean Air is traded on OTC Exchange in the United States.Things to note about Clean Air Metals performance evaluation
Checking the ongoing alerts about Clean Air for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Clean Air Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Clean Air Metals is way too risky over 90 days horizon | |
| Clean Air Metals has some characteristics of a very speculative penny stock | |
| Clean Air Metals appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (2.17 M) with loss before overhead, payroll, taxes, and interest of (10.98 K). | |
| Clean Air Metals has accumulated about 3.13 M in cash with (1.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 15.0% of the company shares are held by company insiders |
- Analyzing Clean Air'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 Clean Air's stock is overvalued or undervalued compared to its peers.
- Examining Clean Air'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 Clean Air's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Clean Air's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Clean Air's otc stock. These opinions can provide insight into Clean Air's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Clean OTC Stock analysis
When running Clean Air's price analysis, check to measure Clean Air'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 Clean Air is operating at the current time. Most of Clean Air's value examination focuses on studying past and present price action to predict the probability of Clean Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clean Air's price. Additionally, you may evaluate how the addition of Clean Air to your portfolios can decrease your overall portfolio volatility.
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