Mega Uranium Stock Performance
| MGAFF Stock | USD 0.27 0.01 3.57% |
On a scale of 0 to 100, Mega Uranium holds a performance score of 8. The company secures a Beta (Market Risk) of 0.3, 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 standard deviation, 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
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Mega Uranium are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak technical and fundamental indicators, Mega Uranium reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.3 M |
Mega |
Mega Uranium Relative Risk vs. Return Landscape
If you would invest 21.00 in Mega Uranium on August 28, 2024 and sell it today you would earn a total of 6.00 from holding Mega Uranium or generate 28.57% return on investment over 90 days. Mega Uranium is currently producing 0.509% returns and takes up 4.7481% volatility of returns over 90 trading days. Put another way, 42% of traded pink sheets are less volatile than Mega, and 90% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
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 pink sheets, 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 = 0.1072
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MGAFF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.75 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Mega Uranium is performing at about 8% 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 Pink Sheet 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 Pink Sheet performance.
| Return On Equity | -0.0651 | |||
| Return On Asset | -0.0188 | |||
| Current Valuation | 45.69 M | |||
| Shares Outstanding | 359.69 M | |||
| Price To Earning | 12.78 X | |||
| Price To Book | 0.72 X | |||
| EBITDA | (5.84 M) | |||
| Cash And Equivalents | 14.82 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 77 K | |||
| Book Value Per Share | 0.36 X | |||
| Cash Flow From Operations | (2.21 M) | |||
| Earnings Per Share | 0.02 X | |||
| Total Asset | 117.89 M | |||
About Mega Uranium Performance
By analyzing Mega Uranium's fundamental ratios, stakeholders can gain valuable insights into Mega Uranium's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Mega Uranium 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 Mega Uranium has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Mega Uranium Ltd., a mineral exploration and development company, explores for uranium prospective properties primarily in Australia and Canada. Mega Uranium Ltd. was incorporated in 1990 and is headquartered in Toronto, Canada. Mega Uranium operates under Uranium classification in the United States and is traded on OTC Exchange. It employs 1 people.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. Pink Sheet 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 high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (8.39 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Mega Uranium has accumulated about 14.82 M in cash with (2.21 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. |
- 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 pink sheet. These opinions can provide insight into Mega Uranium's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Mega Pink Sheet analysis
When running Mega Uranium's price analysis, check to measure Mega Uranium'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 Mega Uranium is operating at the current time. Most of Mega Uranium's value examination focuses on studying past and present price action to predict the probability of Mega Uranium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mega Uranium's price. Additionally, you may evaluate how the addition of Mega Uranium to your portfolios can decrease your overall portfolio volatility.
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |