First Phosphate Corp Stock Performance

FRSPF Stock   0.13  0.01  7.14%   
The firm shows a Beta (market volatility) of 0.012, which means not very significant fluctuations relative to the market. As returns on the market increase, First Phosphate's returns are expected to increase less than the market. However, during the bear market, the loss of holding First Phosphate is expected to be smaller as well. At this point, First Phosphate Corp has a negative expected return of -0.0884%. Please make sure to confirm First Phosphate's jensen alpha, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if First Phosphate Corp performance from the past will be repeated at some point in the near future.

Risk-Adjusted Performance

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Over the last 90 days First Phosphate Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, First Phosphate is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
  

First Phosphate Relative Risk vs. Return Landscape

If you would invest  14.00  in First Phosphate Corp on August 30, 2024 and sell it today you would lose (1.00) from holding First Phosphate Corp or give up 7.14% of portfolio value over 90 days. First Phosphate Corp is currently producing negative expected returns and takes up 2.4844% volatility of returns over 90 trading days. Put another way, 22% of traded otc stocks are less volatile than First, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
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Assuming the 90 days horizon First Phosphate is expected to under-perform the market. In addition to that, the company is 3.19 times more volatile than its market benchmark. It trades about -0.04 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.15 per unit of volatility.

First Phosphate Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for First Phosphate's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as First Phosphate Corp, and traders can use it to determine the average amount a First Phosphate'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 = -0.0356

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Estimated Market Risk

 2.48
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average First Phosphate 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 First Phosphate by adding First Phosphate to a well-diversified portfolio.

Things to note about First Phosphate Corp performance evaluation

Checking the ongoing alerts about First Phosphate for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for First Phosphate Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
First Phosphate Corp generated a negative expected return over the last 90 days
First Phosphate Corp has some characteristics of a very speculative penny stock
Evaluating First Phosphate's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate First Phosphate's otc stock performance include:
  • Analyzing First Phosphate'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 First Phosphate's stock is overvalued or undervalued compared to its peers.
  • Examining First Phosphate'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 First Phosphate's management team can have a significant impact on its success or failure. Reviewing the track record and experience of First Phosphate's management team can help you assess the OTC Stock's leadership.
  • Pay attention to analyst opinions and ratings of First Phosphate's otc stock. These opinions can provide insight into First Phosphate's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating First Phosphate's otc stock performance is not an exact science, and many factors can impact First Phosphate's otc stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Complementary Tools for First OTC Stock analysis

When running First Phosphate's price analysis, check to measure First Phosphate'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 First Phosphate is operating at the current time. Most of First Phosphate's value examination focuses on studying past and present price action to predict the probability of First Phosphate's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Phosphate's price. Additionally, you may evaluate how the addition of First Phosphate to your portfolios can decrease your overall portfolio volatility.
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