Flying Nickel Mining Stock Performance
| FLYNF Stock | USD 0.02 0 18.70% |
On a scale of 0 to 100, Flying Nickel holds a performance score of 3. The firm shows a Beta (market volatility) of 2.63, 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, Flying Nickel will likely underperform. Please check Flying Nickel's potential upside and the relationship between the skewness and period momentum indicator , to make a quick decision on whether Flying Nickel'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 Flying Nickel Mining are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Flying Nickel reported solid returns over the last few months and may actually be approaching a breakup point. ...more
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Flying Nickel Relative Risk vs. Return Landscape
If you would invest 3.46 in Flying Nickel Mining on October 25, 2024 and sell it today you would lose (1.46) from holding Flying Nickel Mining or give up 42.2% of portfolio value over 90 days. Flying Nickel Mining is currently producing 0.966% returns and takes up 20.054% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Flying, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Flying Nickel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Flying Nickel's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Flying Nickel Mining, and traders can use it to determine the average amount a Flying Nickel'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 = 0.0482
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Estimated Market Risk
| 20.05 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.97 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Flying Nickel 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 Flying Nickel by adding it to a well-diversified portfolio.
Flying Nickel Fundamentals Growth
Flying OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Flying Nickel, and Flying Nickel 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 Flying OTC Stock performance.
| Current Valuation | 4.57 M | |||
| Shares Outstanding | 62.09 M | |||
| Price To Book | 0.21 X | |||
| EBITDA | (304.22 K) | |||
| Cash And Equivalents | 3.63 M | |||
| Cash Per Share | 0.06 X | |||
| Book Value Per Share | 0.65 X | |||
| Cash Flow From Operations | (1.27 M) | |||
About Flying Nickel Performance
By analyzing Flying Nickel's fundamental ratios, stakeholders can gain valuable insights into Flying Nickel's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Flying Nickel 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 Flying Nickel has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Flying Nickel Mining Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. Flying Nickel Mining Corp. was incorporated in 2020 and is headquartered in Vancouver, Canada. Flying Nickel operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 15 people.Things to note about Flying Nickel Mining performance evaluation
Checking the ongoing alerts about Flying Nickel for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Flying Nickel Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Flying Nickel Mining is way too risky over 90 days horizon | |
| Flying Nickel Mining has some characteristics of a very speculative penny stock | |
| Flying Nickel Mining appears to be risky and price may revert if volatility continues | |
| Flying Nickel Mining has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (360.64 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Flying Nickel Mining has accumulated about 3.63 M in cash with (1.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 39.0% of the company shares are held by company insiders |
- Analyzing Flying Nickel'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 Flying Nickel's stock is overvalued or undervalued compared to its peers.
- Examining Flying Nickel'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 Flying Nickel's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Flying Nickel's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Flying Nickel's otc stock. These opinions can provide insight into Flying Nickel's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Flying OTC Stock analysis
When running Flying Nickel's price analysis, check to measure Flying Nickel'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 Flying Nickel is operating at the current time. Most of Flying Nickel's value examination focuses on studying past and present price action to predict the probability of Flying Nickel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flying Nickel's price. Additionally, you may evaluate how the addition of Flying Nickel to your portfolios can decrease your overall portfolio volatility.
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