MetalsGrove Mining (Australia) Performance
| MGA Stock | 0.06 0 6.78% |
The company secures a Beta (Market Risk) of -0.93, which conveys possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning MetalsGrove Mining are expected to decrease slowly. On the other hand, during market turmoil, MetalsGrove Mining is expected to outperform it slightly. At this point, MetalsGrove Mining has a negative expected return of -0.28%. Please make sure to verify MetalsGrove Mining's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if MetalsGrove Mining 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 MetalsGrove Mining has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in January 2025. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
Last Split Factor 4:3 | Last Split Date 2024-05-01 |
1 | MetalsGrove Mining Directors Strategic Interest Shift - TipRanks | 11/19/2024 |
| Begin Period Cash Flow | 3.1 M |
MetalsGrove |
MetalsGrove Mining Relative Risk vs. Return Landscape
If you would invest 7.10 in MetalsGrove Mining on September 3, 2024 and sell it today you would lose (1.60) from holding MetalsGrove Mining or give up 22.54% of portfolio value over 90 days. MetalsGrove Mining is producing return of less than zero assuming 4.8602% volatility of returns over the 90 days investment horizon. Simply put, 43% of all stocks have less volatile historical return distribution than MetalsGrove Mining, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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MetalsGrove Mining Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MetalsGrove Mining's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as MetalsGrove Mining, and traders can use it to determine the average amount a MetalsGrove 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 = -0.0569
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Estimated Market Risk
| 4.86 actual daily | 43 57% of assets are more volatile |
Expected Return
| -0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MetalsGrove 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 MetalsGrove Mining by adding MetalsGrove Mining to a well-diversified portfolio.
MetalsGrove Mining Fundamentals Growth
MetalsGrove Stock prices reflect investors' perceptions of the future prospects and financial health of MetalsGrove Mining, and MetalsGrove 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 MetalsGrove Stock performance.
| Return On Equity | -0.48 | |||
| Return On Asset | -0.24 | |||
| Operating Margin | (48.79) % | |||
| Current Valuation | 3.11 M | |||
| Shares Outstanding | 105.42 M | |||
| Price To Book | 0.92 X | |||
| Price To Sales | 123.44 X | |||
| Revenue | 50.39 K | |||
| Gross Profit | 76.36 K | |||
| EBITDA | (475.31 K) | |||
| Net Income | (3.35 M) | |||
| Cash And Equivalents | 3.1 M | |||
| Total Debt | 129.4 K | |||
| Book Value Per Share | 0.06 X | |||
| Cash Flow From Operations | (1.03 M) | |||
| Earnings Per Share | (0.06) X | |||
| Total Asset | 6.41 M | |||
| Retained Earnings | (4.79 M) | |||
About MetalsGrove Mining Performance
Assessing MetalsGrove Mining's fundamental ratios provides investors with valuable insights into MetalsGrove Mining's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the MetalsGrove 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.
MetalsGrove Mining is entity of Australia. It is traded as Stock on AU exchange.Things to note about MetalsGrove Mining performance evaluation
Checking the ongoing alerts about MetalsGrove Mining for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for MetalsGrove Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| MetalsGrove Mining generated a negative expected return over the last 90 days | |
| MetalsGrove Mining has some characteristics of a very speculative penny stock | |
| MetalsGrove Mining has high historical volatility and very poor performance | |
| The company reported the revenue of 50.39 K. Net Loss for the year was (3.35 M) with profit before overhead, payroll, taxes, and interest of 76.36 K. | |
| MetalsGrove Mining has accumulated about 3.1 M in cash with (1.03 M) of positive cash flow from operations. | |
| Roughly 76.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: MetalsGrove Mining Directors Strategic Interest Shift - TipRanks |
- Analyzing MetalsGrove 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 MetalsGrove Mining's stock is overvalued or undervalued compared to its peers.
- Examining MetalsGrove 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 MetalsGrove Mining's management team can have a significant impact on its success or failure. Reviewing the track record and experience of MetalsGrove Mining's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of MetalsGrove Mining's stock. These opinions can provide insight into MetalsGrove Mining's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for MetalsGrove Stock Analysis
When running MetalsGrove Mining's price analysis, check to measure MetalsGrove 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 MetalsGrove Mining is operating at the current time. Most of MetalsGrove Mining's value examination focuses on studying past and present price action to predict the probability of MetalsGrove 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 MetalsGrove Mining's price. Additionally, you may evaluate how the addition of MetalsGrove Mining to your portfolios can decrease your overall portfolio volatility.