Mcchip Resources Stock Performance
| MCS Stock | CAD 0.80 0.00 0.00% |
On a scale of 0 to 100, McChip Resources holds a performance score of 15. The company owns a Beta (Systematic Risk) of -0.41, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning McChip Resources are expected to decrease at a much lower rate. During the bear market, McChip Resources is likely to outperform the market. Please check McChip Resources' mean deviation, information ratio, as well as the relationship between the Information Ratio and kurtosis , to make a quick decision on whether McChip Resources' current price history will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in McChip Resources are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, McChip Resources showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.05 | Payout Ratio 0.0784 | Forward Dividend Rate 0.04 | Dividend Date 2024-02-01 | Ex Dividend Date 2024-01-24 |
| Begin Period Cash Flow | 915.1 K |
McChip |
McChip Resources Relative Risk vs. Return Landscape
If you would invest 60.00 in McChip Resources on August 29, 2024 and sell it today you would earn a total of 20.00 from holding McChip Resources or generate 33.33% return on investment over 90 days. McChip Resources is currently producing 0.4923% returns and takes up 2.4517% volatility of returns over 90 trading days. Put another way, 21% of traded stocks are less volatile than McChip, and 91% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
McChip Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for McChip Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as McChip Resources, and traders can use it to determine the average amount a McChip Resources' 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 = 0.2008
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Estimated Market Risk
| 2.45 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.49 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average McChip Resources is performing at about 15% 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 McChip Resources by adding it to a well-diversified portfolio.
McChip Resources Fundamentals Growth
McChip Stock prices reflect investors' perceptions of the future prospects and financial health of McChip Resources, and McChip Resources 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 McChip Stock performance.
| Return On Equity | 0.34 | ||||
| Return On Asset | 0.17 | ||||
| Profit Margin | 0.77 % | ||||
| Operating Margin | 0.89 % | ||||
| Current Valuation | (3.83 M) | ||||
| Shares Outstanding | 5.71 M | ||||
| Price To Earning | 2.72 X | ||||
| Price To Book | 0.47 X | ||||
| Price To Sales | 1.21 X | ||||
| Revenue | 480.49 K | ||||
| Gross Profit | 289.42 K | ||||
| EBITDA | 2.93 M | ||||
| Net Income | 563.13 K | ||||
| Cash And Equivalents | 6.42 M | ||||
| Cash Per Share | 1.13 X | ||||
| Total Debt | 1.78 M | ||||
| Debt To Equity | 0.09 % | ||||
| Book Value Per Share | 1.71 X | ||||
| Cash Flow From Operations | (149.1 K) | ||||
| Earnings Per Share | 0.51 X | ||||
| Total Asset | 10.34 M | ||||
| Retained Earnings | 1.84 M | ||||
About McChip Resources Performance
Evaluating McChip Resources' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if McChip Resources 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 McChip Resources 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.
McChip Resources Inc. operates in the natural resource industry in Canada. McChip Resources Inc. was incorporated in 1935 and is based in Toronto, Canada. Mcchip Resources is traded on Commodity Exchange in Exotistan.Things to note about McChip Resources performance evaluation
Checking the ongoing alerts about McChip Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for McChip Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| McChip Resources has some characteristics of a very speculative penny stock | |
| McChip Resources has accumulated about 6.42 M in cash with (149.1 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.13, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 58.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: North American Construction secures major civil project - Investing.com |
- Analyzing McChip Resources' 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 McChip Resources' stock is overvalued or undervalued compared to its peers.
- Examining McChip Resources' 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 McChip Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of McChip Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of McChip Resources' stock. These opinions can provide insight into McChip Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for McChip Stock Analysis
When running McChip Resources' price analysis, check to measure McChip Resources' 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 McChip Resources is operating at the current time. Most of McChip Resources' value examination focuses on studying past and present price action to predict the probability of McChip Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McChip Resources' price. Additionally, you may evaluate how the addition of McChip Resources to your portfolios can decrease your overall portfolio volatility.