Mega Uranium Stock Performance
| MGA Stock | CAD 0.38 0.01 2.70% |
On a scale of 0 to 100, Mega Uranium holds a performance score of 13. The company secures a Beta (Market Risk) of 0.25, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mega Uranium's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mega Uranium is expected to be smaller as well. Please check Mega Uranium's information ratio, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to make a quick decision on whether Mega Uranium's current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Mega Uranium are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Mega Uranium displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 2:1 | Ex Dividend Date 2007-12-03 | Last Split Date 2015-03-26 |
1 | Mega Uranium Stock Crosses Above 50 Day Moving Average - Should You Sell - MarketBeat | 11/19/2024 |
| Begin Period Cash Flow | 510 K |
Mega |
Mega Uranium Relative Risk vs. Return Landscape
If you would invest 27.00 in Mega Uranium on August 31, 2024 and sell it today you would earn a total of 11.00 from holding Mega Uranium or generate 40.74% return on investment over 90 days. Mega Uranium is generating 0.6152% of daily returns assuming 3.5803% volatility of returns over the 90 days investment horizon. Simply put, 31% of all stocks have less volatile historical return distribution than Mega Uranium, and 88% 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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Mega Uranium Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mega Uranium's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Mega Uranium, and traders can use it to determine the average amount a Mega Uranium'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 = 0.1718
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Estimated Market Risk
| 3.58 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.62 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Mega Uranium is performing at about 13% 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 Mega Uranium by adding it to a well-diversified portfolio.
Mega Uranium Fundamentals Growth
Mega Stock prices reflect investors' perceptions of the future prospects and financial health of Mega Uranium, and Mega Uranium 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 Mega Stock performance.
| Return On Equity | 0.0346 | ||||
| Return On Asset | -0.0137 | ||||
| Current Valuation | 123.44 M | ||||
| Shares Outstanding | 370.96 M | ||||
| Price To Earning | 48.33 X | ||||
| Price To Book | 0.71 X | ||||
| EBITDA | (3.59 M) | ||||
| Net Income | 4.42 M | ||||
| Cash And Equivalents | 10 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 9.04 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 5.62 X | ||||
| Book Value Per Share | 0.53 X | ||||
| Cash Flow From Operations | (644 K) | ||||
| Earnings Per Share | 0.01 X | ||||
| Market Capitalization | 139.11 M | ||||
| Total Asset | 184.86 M | ||||
| Retained Earnings | (306.18 M) | ||||
| Working Capital | 15.85 M | ||||
| Current Asset | 11.14 B | ||||
| Current Liabilities | 7.28 B | ||||
About Mega Uranium Performance
By examining Mega Uranium's fundamental ratios, stakeholders can obtain critical insights into Mega Uranium's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Mega Uranium is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.02 | 0.02 | |
| Return On Capital Employed | (0.02) | (0.02) | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 0.02 | 0.02 |
Things to note about Mega Uranium performance evaluation
Checking the ongoing alerts about Mega Uranium for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Mega Uranium help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mega Uranium has some characteristics of a very speculative penny stock | |
| Mega Uranium appears to be risky and price may revert if volatility continues | |
| Mega Uranium has accumulated about 10 K in cash with (644 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Latest headline from news.google.com: Mega Uranium Stock Crosses Above 50 Day Moving Average - Should You Sell - MarketBeat |
- Analyzing Mega Uranium'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 Mega Uranium's stock is overvalued or undervalued compared to its peers.
- Examining Mega Uranium'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 Mega Uranium's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mega Uranium's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mega Uranium's stock. These opinions can provide insight into Mega Uranium's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Mega Stock
Mega Uranium financial ratios help investors to determine whether Mega Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mega with respect to the benefits of owning Mega Uranium security.