M3 Mining (Australia) Performance
| M3M Stock | 0.04 0 7.89% |
The firm owns a Beta (Systematic Risk) of 1.23, which conveys 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, M3 Mining will likely underperform. At this point, M3 Mining has a negative expected return of -0.0562%. Please make sure to verify M3 Mining's standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if M3 Mining performance from the past will be repeated sooner or later.
Risk-Adjusted Performance
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Over the last 90 days M3 Mining has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable primary indicators, M3 Mining is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | Japan stocks lower at close of trade Nikkei 225 down 0.62 percent - MSN | 09/06/2024 |
2 | Arizona Sonoran Copper Company Inc Quote - Press Release - The Globe and Mail | 10/15/2024 |
3 | M3 Mining Secures Shareholder Support at AGM - TipRanks | 11/19/2024 |
| Begin Period Cash Flow | 2.8 M |
M3M |
M3 Mining Relative Risk vs. Return Landscape
If you would invest 3.80 in M3 Mining on August 28, 2024 and sell it today you would lose (0.30) from holding M3 Mining or give up 7.89% of portfolio value over 90 days. M3 Mining is producing return of less than zero assuming 3.7692% volatility of returns over the 90 days investment horizon. Simply put, 33% of all stocks have less volatile historical return distribution than M3 Mining, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
M3 Mining Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for M3 Mining's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as M3 Mining, and traders can use it to determine the average amount a M3 Mining'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 = -0.0149
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| Negative Returns | M3M |
Estimated Market Risk
| 3.77 actual daily | 33 67% of assets are more volatile |
Expected Return
| -0.06 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 M3 Mining 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 M3 Mining by adding M3 Mining to a well-diversified portfolio.
M3 Mining Fundamentals Growth
M3M Stock prices reflect investors' perceptions of the future prospects and financial health of M3 Mining, and M3 Mining 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 M3M Stock performance.
| Return On Equity | -0.92 | ||||
| Return On Asset | -0.54 | ||||
| Current Valuation | 1.24 M | ||||
| Shares Outstanding | 83.81 M | ||||
| Price To Book | 1.75 X | ||||
| Price To Sales | 41.76 X | ||||
| Revenue | 67.97 K | ||||
| Gross Profit | (62.58 K) | ||||
| EBITDA | (2.1 M) | ||||
| Net Income | (2.11 K) | ||||
| Total Debt | 291.11 K | ||||
| Book Value Per Share | 0.03 X | ||||
| Cash Flow From Operations | (1.74 K) | ||||
| Earnings Per Share | (0.04) X | ||||
| Total Asset | 2.12 M | ||||
| Retained Earnings | (5.09 M) | ||||
About M3 Mining Performance
Assessing M3 Mining's fundamental ratios provides investors with valuable insights into M3 Mining's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the M3 Mining is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
M3 Mining is entity of Australia. It is traded as Stock on AU exchange.Things to note about M3 Mining performance evaluation
Checking the ongoing alerts about M3 Mining for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for M3 Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| M3 Mining generated a negative expected return over the last 90 days | |
| M3 Mining has some characteristics of a very speculative penny stock | |
| M3 Mining has high historical volatility and very poor performance | |
| M3 Mining has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 67.97 K. Net Loss for the year was (2.11 K) with loss before overhead, payroll, taxes, and interest of (62.58 K). | |
| M3 Mining generates negative cash flow from operations | |
| About 45.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: M3 Mining Secures Shareholder Support at AGM - TipRanks |
- Analyzing M3 Mining'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 M3 Mining's stock is overvalued or undervalued compared to its peers.
- Examining M3 Mining'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 M3 Mining's management team can have a significant impact on its success or failure. Reviewing the track record and experience of M3 Mining's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of M3 Mining's stock. These opinions can provide insight into M3 Mining's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for M3M Stock Analysis
When running M3 Mining's price analysis, check to measure M3 Mining'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 M3 Mining is operating at the current time. Most of M3 Mining's value examination focuses on studying past and present price action to predict the probability of M3 Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move M3 Mining's price. Additionally, you may evaluate how the addition of M3 Mining to your portfolios can decrease your overall portfolio volatility.