Canstar Resources Stock Performance
| CSRNF Stock | USD 0.06 0.01 10.73% |
On a scale of 0 to 100, Canstar Resources holds a performance score of 10. The firm shows a Beta (market volatility) of -0.0119, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Canstar Resources are expected to decrease at a much lower rate. During the bear market, Canstar Resources is likely to outperform the market. Please check Canstar Resources' sortino ratio, skewness, period momentum indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Canstar Resources' price patterns will revert.
Risk-Adjusted Performance
Fair
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Canstar Resources are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Canstar Resources reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 279.4 K | |
| Total Cashflows From Investing Activities | -4.1 M |
Canstar |
Canstar Resources Relative Risk vs. Return Landscape
If you would invest 4.25 in Canstar Resources on November 1, 2025 and sell it today you would earn a total of 2.07 from holding Canstar Resources or generate 48.71% return on investment over 90 days. Canstar Resources is currently producing 0.8811% returns and takes up 6.6697% volatility of returns over 90 trading days. Put another way, 59% of traded pink sheets are less volatile than Canstar, and 83% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Canstar Resources Target Price Odds to finish over Current Price
The tendency of Canstar Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.06 | 90 days | 0.06 | about 17.82 |
Based on a normal probability distribution, the odds of Canstar Resources to move above the current price in 90 days from now is about 17.82 (This Canstar Resources probability density function shows the probability of Canstar Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Canstar Resources has a beta of -0.0119 suggesting as returns on the benchmark increase, returns on holding Canstar Resources are expected to decrease at a much lower rate. During a bear market, however, Canstar Resources is likely to outperform the market. Additionally Canstar Resources has an alpha of 0.8257, implying that it can generate a 0.83 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Canstar Resources Price Density |
| Price |
Predictive Modules for Canstar Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Canstar Resources. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Canstar Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Canstar Resources is not an exception. The market had few large corrections towards the Canstar Resources' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Canstar Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Canstar Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.83 | |
β | Beta against Dow Jones | -0.01 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.11 |
Canstar Resources Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Canstar Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Canstar Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Canstar Resources is way too risky over 90 days horizon | |
| Canstar Resources has some characteristics of a very speculative penny stock | |
| Canstar Resources appears to be risky and price may revert if volatility continues | |
| Canstar Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (8.86 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Canstar Resources has accumulated about 4.99 M in cash with (1.54 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| Roughly 35.0% of the company shares are held by company insiders |
Canstar Resources Fundamentals Growth
Canstar Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Canstar Resources, and Canstar 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 Canstar Pink Sheet performance.
| Return On Equity | -0.62 | |||
| Return On Asset | -0.38 | |||
| Current Valuation | 2.09 M | |||
| Shares Outstanding | 110.25 M | |||
| Price To Earning | (16.52) X | |||
| Price To Book | 0.53 X | |||
| EBITDA | (8.84 M) | |||
| Cash And Equivalents | 4.99 M | |||
| Cash Per Share | 0.05 X | |||
| Book Value Per Share | 0.12 X | |||
| Cash Flow From Operations | (1.54 M) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 13.25 M | |||
About Canstar Resources Performance
By analyzing Canstar Resources' fundamental ratios, stakeholders can gain valuable insights into Canstar Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Canstar 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 Canstar Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Canstar Resources Inc., a junior resource company, engages in the acquisition, exploration, and development of mineral properties in Canada. It also owns the Buchans-Mary March project that comprises various contiguous properties totaling approximately ,000 hectares of land located in Buchans Mine, central Newfoundland and the Daniels Harbour project, which consists of 360 claims covering an area of 9000 hectares located in coastal Western Newfoundland. Canstar Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Canstar Resources performance evaluation
Checking the ongoing alerts about Canstar Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Canstar Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Canstar Resources is way too risky over 90 days horizon | |
| Canstar Resources has some characteristics of a very speculative penny stock | |
| Canstar Resources appears to be risky and price may revert if volatility continues | |
| Canstar Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (8.86 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Canstar Resources has accumulated about 4.99 M in cash with (1.54 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| Roughly 35.0% of the company shares are held by company insiders |
- Analyzing Canstar 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 Canstar Resources' stock is overvalued or undervalued compared to its peers.
- Examining Canstar 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 Canstar Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Canstar Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Canstar Resources' pink sheet. These opinions can provide insight into Canstar Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Canstar Pink Sheet analysis
When running Canstar Resources' price analysis, check to measure Canstar 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 Canstar Resources is operating at the current time. Most of Canstar Resources' value examination focuses on studying past and present price action to predict the probability of Canstar Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canstar Resources' price. Additionally, you may evaluate how the addition of Canstar Resources to your portfolios can decrease your overall portfolio volatility.
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