Fpx Nickel Corp Stock Performance
| FPX Stock | CAD 0.26 0.01 4.00% |
The firm shows a Beta (market volatility) of 1.11, which means a somewhat significant risk relative to the market. FPX Nickel returns are very sensitive to returns on the market. As the market goes up or down, FPX Nickel is expected to follow. At this point, FPX Nickel Corp has a negative expected return of -0.0479%. Please make sure to confirm FPX Nickel's maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if FPX Nickel Corp performance from the past will be repeated at future time.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days FPX Nickel Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, FPX Nickel is not utilizing all of its potentials. The recent stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
1 | FPX Nickels Mich Property Shows Promising Expansion - TipRanks | 11/14/2024 |
| Begin Period Cash Flow | 18 M |
FPX |
FPX Nickel Relative Risk vs. Return Landscape
If you would invest 28.00 in FPX Nickel Corp on August 25, 2024 and sell it today you would lose (2.00) from holding FPX Nickel Corp or give up 7.14% of portfolio value over 90 days. FPX Nickel Corp is currently producing negative expected returns and takes up 3.7549% volatility of returns over 90 trading days. Put another way, 33% of traded stocks are less volatile than FPX, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
FPX Nickel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for FPX Nickel's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as FPX Nickel Corp, and traders can use it to determine the average amount a FPX 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 = -0.0127
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FPX |
Estimated Market Risk
| 3.75 actual daily | 33 67% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average FPX Nickel is not performing at its full potential. However, 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 FPX Nickel by adding FPX Nickel to a well-diversified portfolio.
FPX Nickel Fundamentals Growth
FPX Stock prices reflect investors' perceptions of the future prospects and financial health of FPX Nickel, and FPX 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 FPX Stock performance.
| Return On Equity | -0.0351 | ||||
| Return On Asset | -0.0384 | ||||
| Current Valuation | 37.32 M | ||||
| Shares Outstanding | 314.88 M | ||||
| Price To Earning | (14.29) X | ||||
| Price To Book | 1.09 X | ||||
| Gross Profit | (4.6 K) | ||||
| EBITDA | (5.53 M) | ||||
| Net Income | (4.45 M) | ||||
| Cash And Equivalents | 1.17 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 269.44 K | ||||
| Debt To Equity | 295.80 % | ||||
| Current Ratio | 7.82 X | ||||
| Book Value Per Share | 0.23 X | ||||
| Cash Flow From Operations | (1.97 M) | ||||
| Earnings Per Share | (0.01) X | ||||
| Market Capitalization | 80.29 M | ||||
| Total Asset | 59.89 M | ||||
| Retained Earnings | (50.21 M) | ||||
| Working Capital | 28.66 M | ||||
About FPX Nickel Performance
Evaluating FPX Nickel's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if FPX 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 FPX Nickel 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.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.07) | (0.08) | |
| Return On Capital Employed | (0.10) | (0.10) | |
| Return On Assets | (0.07) | (0.08) | |
| Return On Equity | (0.08) | (0.08) |
Things to note about FPX Nickel Corp performance evaluation
Checking the ongoing alerts about FPX Nickel for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for FPX Nickel Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| FPX Nickel Corp generated a negative expected return over the last 90 days | |
| FPX Nickel Corp has some characteristics of a very speculative penny stock | |
| FPX Nickel Corp has high historical volatility and very poor performance | |
| FPX Nickel Corp has high likelihood to experience some financial distress in the next 2 years | |
| FPX Nickel Corp has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Net Loss for the year was (4.45 M) with loss before overhead, payroll, taxes, and interest of (4.6 K). | |
| FPX Nickel Corp has accumulated about 1.17 M in cash with (1.97 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 26.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: FPX Nickels Mich Property Shows Promising Expansion - TipRanks |
- Analyzing FPX 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 FPX Nickel's stock is overvalued or undervalued compared to its peers.
- Examining FPX 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 FPX Nickel's management team can have a significant impact on its success or failure. Reviewing the track record and experience of FPX Nickel's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of FPX Nickel's stock. These opinions can provide insight into FPX Nickel's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for FPX Stock Analysis
When running FPX Nickel's price analysis, check to measure FPX 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 FPX Nickel is operating at the current time. Most of FPX Nickel's value examination focuses on studying past and present price action to predict the probability of FPX 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 FPX Nickel's price. Additionally, you may evaluate how the addition of FPX Nickel to your portfolios can decrease your overall portfolio volatility.