Decade Resources Stock Performance
| DECXF Stock | USD 0.03 0.00 0.00% |
Decade Resources has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 2.4, which means 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, Decade Resources will likely underperform. Decade Resources right now shows a risk of 11.51%. Please confirm Decade Resources variance, as well as the relationship between the value at risk and rate of daily change , to decide if Decade Resources will be following its price patterns.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Decade Resources are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak basic indicators, Decade Resources may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| Begin Period Cash Flow | 275 K | |
| Total Cashflows From Investing Activities | -1.6 M |
Decade |
Decade Resources Relative Risk vs. Return Landscape
If you would invest 4.00 in Decade Resources on August 29, 2024 and sell it today you would lose (1.00) from holding Decade Resources or give up 25.0% of portfolio value over 90 days. Decade Resources is currently producing 0.175% returns and takes up 11.5135% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Decade, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Decade Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Decade Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Decade Resources, and traders can use it to determine the average amount a Decade Resources' 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 = 0.0152
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Estimated Market Risk
| 11.51 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Decade Resources is performing at about 1% 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 Decade Resources by adding it to a well-diversified portfolio.
Decade Resources Fundamentals Growth
Decade Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Decade Resources, and Decade 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 Decade Pink Sheet performance.
| Return On Equity | -0.0487 | |||
| Return On Asset | -0.0185 | |||
| Current Valuation | 3.83 M | |||
| Shares Outstanding | 65.15 M | |||
| Price To Earning | (13.87) X | |||
| Price To Book | 0.46 X | |||
| EBITDA | (414.01 K) | |||
| Cash And Equivalents | 2.14 K | |||
| Total Debt | 55.5 K | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 0.25 X | |||
| Cash Flow From Operations | (529.15 K) | |||
| Earnings Per Share | (0) X | |||
| Total Asset | 14.21 M | |||
About Decade Resources Performance
By analyzing Decade Resources' fundamental ratios, stakeholders can gain valuable insights into Decade Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Decade 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 Decade Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Decade Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company was incorporated in 2006 and is headquartered in Stewart, Canada. Decade Resources is traded on OTC Exchange in the United States.Things to note about Decade Resources performance evaluation
Checking the ongoing alerts about Decade Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Decade Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Decade Resources had very high historical volatility over the last 90 days | |
| Decade Resources has some characteristics of a very speculative penny stock | |
| Decade Resources has accumulated 55.5 K in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Decade Resources has a current ratio of 0.09, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Decade Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Decade Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Decade Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Decade to invest in growth at high rates of return. When we think about Decade Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (480 K) with loss before overhead, payroll, taxes, and interest of (986). | |
| Decade Resources has accumulated about 2.14 K in cash with (529.15 K) of positive cash flow from operations. | |
| Roughly 18.0% of Decade Resources shares are held by company insiders |
- Analyzing Decade 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 Decade Resources' stock is overvalued or undervalued compared to its peers.
- Examining Decade 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 Decade Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Decade Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Decade Resources' pink sheet. These opinions can provide insight into Decade Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Decade Pink Sheet analysis
When running Decade Resources' price analysis, check to measure Decade 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 Decade Resources is operating at the current time. Most of Decade Resources' value examination focuses on studying past and present price action to predict the probability of Decade Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Decade Resources' price. Additionally, you may evaluate how the addition of Decade Resources to your portfolios can decrease your overall portfolio volatility.
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