Cantex Mine Development Stock Performance
| CTXDF Stock | USD 0.08 0 3.31% |
On a scale of 0 to 100, Cantex Mine holds a performance score of 3. The firm shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cantex Mine's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cantex Mine is expected to be smaller as well. Please check Cantex Mine's treynor ratio, as well as the relationship between the daily balance of power and price action indicator , to make a quick decision on whether Cantex Mine's 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 Cantex Mine Development are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile fundamental indicators, Cantex Mine reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 2.1 M | |
| Total Cashflows From Investing Activities | -2567.00 |
Cantex |
Cantex Mine Relative Risk vs. Return Landscape
If you would invest 7.41 in Cantex Mine Development on November 2, 2024 and sell it today you would earn a total of 0.39 from holding Cantex Mine Development or generate 5.26% return on investment over 90 days. Cantex Mine Development is currently producing 0.3199% returns and takes up 6.9409% volatility of returns over 90 trading days. Put another way, 61% of traded otc stocks are less volatile than Cantex, and 94% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Cantex Mine Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cantex Mine's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Cantex Mine Development, and traders can use it to determine the average amount a Cantex Mine'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 = 0.0461
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Estimated Market Risk
| 6.94 actual daily | 61 61% of assets are less volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Cantex Mine 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 Cantex Mine by adding it to a well-diversified portfolio.
Cantex Mine Fundamentals Growth
Cantex OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Cantex Mine, and Cantex Mine 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 Cantex OTC Stock performance.
| Return On Equity | -7.08 | |||
| Return On Asset | -1.66 | |||
| Current Valuation | 9.02 M | |||
| Shares Outstanding | 86.65 M | |||
| Price To Earning | 4.64 X | |||
| Price To Book | 5.94 X | |||
| EBITDA | (8.09 M) | |||
| Cash And Equivalents | 6.15 M | |||
| Cash Per Share | 0.08 X | |||
| Total Debt | 47.89 K | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (7.57 M) | |||
| Earnings Per Share | (0.08) X | |||
| Total Asset | 4.68 M | |||
About Cantex Mine Performance
By analyzing Cantex Mine's fundamental ratios, stakeholders can gain valuable insights into Cantex Mine's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Cantex Mine 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 Cantex Mine has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Cantex Mine Development Corp. engages in the acquisition, exploration, and development of mineral properties in Canada, Yemen, and the United States. Cantex Mine Development Corp. is headquartered in Kelowna, Canada. Cantex Mine is traded on OTC Exchange in the United States.Things to note about Cantex Mine Development performance evaluation
Checking the ongoing alerts about Cantex Mine for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Cantex Mine Development help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cantex Mine had very high historical volatility over the last 90 days | |
| Cantex Mine has some characteristics of a very speculative penny stock | |
| Cantex Mine has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (7.97 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Cantex Mine Development has accumulated about 6.15 M in cash with (7.57 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 30.0% of the company shares are held by company insiders |
- Analyzing Cantex Mine'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 Cantex Mine's stock is overvalued or undervalued compared to its peers.
- Examining Cantex Mine'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 Cantex Mine's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cantex Mine's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Cantex Mine's otc stock. These opinions can provide insight into Cantex Mine's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Cantex OTC Stock analysis
When running Cantex Mine's price analysis, check to measure Cantex Mine'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 Cantex Mine is operating at the current time. Most of Cantex Mine's value examination focuses on studying past and present price action to predict the probability of Cantex Mine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cantex Mine's price. Additionally, you may evaluate how the addition of Cantex Mine to your portfolios can decrease your overall portfolio volatility.
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