Cartier Resources Stock Performance
| ECR Stock | CAD 0.10 0.01 9.09% |
Cartier Resources holds a performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.13, which signifies a somewhat significant risk relative to the market. Cartier Resources returns are very sensitive to returns on the market. As the market goes up or down, Cartier Resources is expected to follow. Use Cartier Resources treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to analyze future returns on Cartier Resources.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Cartier Resources are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Cartier Resources showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 7 M | |
| Free Cash Flow | -6.3 M |
Cartier |
Cartier Resources Relative Risk vs. Return Landscape
If you would invest 6.00 in Cartier Resources on August 26, 2024 and sell it today you would earn a total of 4.00 from holding Cartier Resources or generate 66.67% return on investment over 90 days. Cartier Resources is currently producing 1.0609% returns and takes up 7.4246% volatility of returns over 90 trading days. Put another way, 66% of traded stocks are less volatile than Cartier, and 79% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Cartier Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cartier Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cartier Resources, and traders can use it to determine the average amount a Cartier 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 = 0.1429
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Estimated Market Risk
| 7.42 actual daily | 66 66% of assets are less volatile |
Expected Return
| 1.06 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Cartier Resources is performing at about 11% 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 Cartier Resources by adding it to a well-diversified portfolio.
Cartier Resources Fundamentals Growth
Cartier Stock prices reflect investors' perceptions of the future prospects and financial health of Cartier Resources, and Cartier 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 Cartier Stock performance.
| Return On Equity | -0.0361 | ||||
| Return On Asset | -0.0187 | ||||
| Current Valuation | 34.89 M | ||||
| Shares Outstanding | 356.23 M | ||||
| Price To Earning | (13.33) X | ||||
| Price To Book | 0.86 X | ||||
| EBITDA | (1.69 M) | ||||
| Cash And Equivalents | 6.18 M | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 5.14 M | ||||
| Debt To Equity | 0.80 % | ||||
| Book Value Per Share | 0.12 X | ||||
| Cash Flow From Operations | (1.08 M) | ||||
| Total Asset | 47.26 M | ||||
| Retained Earnings | (21.26 M) | ||||
About Cartier Resources Performance
Evaluating Cartier Resources' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Cartier 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 Cartier Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Cartier Resources Inc. engages in the acquisition and exploration of mining properties in Canada. The company was founded in 2006 and is headquartered in Val-dOr, Canada. CARTIER RESOURCES operates under Gold classification in Canada and is traded on TSX Venture Exchange.Things to note about Cartier Resources performance evaluation
Checking the ongoing alerts about Cartier Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cartier Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cartier Resources is way too risky over 90 days horizon | |
| Cartier Resources has some characteristics of a very speculative penny stock | |
| Cartier Resources appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (1.39 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Cartier Resources has accumulated about 6.18 M in cash with (1.08 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 30.0% of the company shares are held by company insiders |
- Analyzing Cartier 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 Cartier Resources' stock is overvalued or undervalued compared to its peers.
- Examining Cartier 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 Cartier Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cartier Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cartier Resources' stock. These opinions can provide insight into Cartier Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Cartier Stock Analysis
When running Cartier Resources' price analysis, check to measure Cartier 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 Cartier Resources is operating at the current time. Most of Cartier Resources' value examination focuses on studying past and present price action to predict the probability of Cartier Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cartier Resources' price. Additionally, you may evaluate how the addition of Cartier Resources to your portfolios can decrease your overall portfolio volatility.