Euro Manganese Stock Performance
| EUMNF Stock | USD 0.03 0.01 14.71% |
On a scale of 0 to 100, Euro Manganese holds a performance score of 3. The firm shows a Beta (market volatility) of -0.66, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Euro Manganese are expected to decrease at a much lower rate. During the bear market, Euro Manganese is likely to outperform the market. Please check Euro Manganese's treynor ratio and the relationship between the downside variance and day typical price , to make a quick decision on whether Euro Manganese'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 Euro Manganese are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Euro Manganese reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 31.2 M |
Euro |
Euro Manganese Relative Risk vs. Return Landscape
If you would invest 3.00 in Euro Manganese on August 29, 2024 and sell it today you would lose (0.10) from holding Euro Manganese or give up 3.33% of portfolio value over 90 days. Euro Manganese is currently producing 0.4822% returns and takes up 10.6304% volatility of returns over 90 trading days. Put another way, 94% of traded otc stocks are less volatile than Euro, and 91% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Euro Manganese Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Euro Manganese's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Euro Manganese, and traders can use it to determine the average amount a Euro Manganese'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 = 0.0454
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Estimated Market Risk
| 10.63 actual daily | 94 94% of assets are less volatile |
Expected Return
| 0.48 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Euro Manganese 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 Euro Manganese by adding it to a well-diversified portfolio.
Euro Manganese Fundamentals Growth
Euro OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Euro Manganese, and Euro Manganese 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 Euro OTC Stock performance.
| Return On Equity | -0.37 | |||
| Return On Asset | -0.2 | |||
| Current Valuation | 72.4 M | |||
| Shares Outstanding | 402.67 M | |||
| Price To Book | 3.21 X | |||
| EBITDA | (13.24 M) | |||
| Cash And Equivalents | 28.03 M | |||
| Cash Per Share | 0.07 X | |||
| Total Debt | 369.21 K | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 0.09 X | |||
| Cash Flow From Operations | (9.49 M) | |||
| Earnings Per Share | (0.03) X | |||
| Total Asset | 39.9 M | |||
About Euro Manganese Performance
By analyzing Euro Manganese's fundamental ratios, stakeholders can gain valuable insights into Euro Manganese's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Euro Manganese 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 Euro Manganese has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Euro Manganese Inc. engages in the evaluation, exploration, and development of mineral assets. Euro Manganese Inc. was incorporated in 2014 and is based in Vancouver, Canada. Euro Managanese operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 17 people.Things to note about Euro Manganese performance evaluation
Checking the ongoing alerts about Euro Manganese for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Euro Manganese help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Euro Manganese had very high historical volatility over the last 90 days | |
| Euro Manganese has some characteristics of a very speculative penny stock | |
| Euro Manganese has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (13.46 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Euro Manganese has accumulated about 28.03 M in cash with (9.49 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Euro Manganese'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 Euro Manganese's stock is overvalued or undervalued compared to its peers.
- Examining Euro Manganese'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 Euro Manganese's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Euro Manganese's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Euro Manganese's otc stock. These opinions can provide insight into Euro Manganese's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Euro OTC Stock analysis
When running Euro Manganese's price analysis, check to measure Euro Manganese'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 Euro Manganese is operating at the current time. Most of Euro Manganese's value examination focuses on studying past and present price action to predict the probability of Euro Manganese's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euro Manganese's price. Additionally, you may evaluate how the addition of Euro Manganese to your portfolios can decrease your overall portfolio volatility.
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