Millbank Mining Corp Stock Performance
| MILL Stock | 0.47 0.01 2.17% |
On a scale of 0 to 100, Millbank Mining holds a performance score of 4. The company secures a Beta (Market Risk) of 1.17, 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, Millbank Mining will likely underperform. Please check Millbank Mining's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Millbank Mining's current price movements will revert.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Millbank Mining Corp are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unfluctuating essential indicators, Millbank Mining showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Millbanks New Private Placement to Boost Capital - TipRanks | 09/27/2024 |
2 | Primary Hydrogen Expands with New Projects in BC - TipRanks | 12/03/2024 |
| Begin Period Cash Flow | 192.6 K | |
| Free Cash Flow | -87.5 K |
Millbank |
Millbank Mining Relative Risk vs. Return Landscape
If you would invest 43.00 in Millbank Mining Corp on September 19, 2024 and sell it today you would earn a total of 4.00 from holding Millbank Mining Corp or generate 9.3% return on investment over 90 days. Millbank Mining Corp is generating 0.242% of daily returns assuming 4.4765% volatility of returns over the 90 days investment horizon. Simply put, 39% of all stocks have less volatile historical return distribution than Millbank Mining, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Millbank Mining Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Millbank Mining's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Millbank Mining Corp, and traders can use it to determine the average amount a Millbank 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 = 0.0541
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.48 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Millbank Mining is performing at about 4% 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 Millbank Mining by adding it to a well-diversified portfolio.
Millbank Mining Fundamentals Growth
Millbank Stock prices reflect investors' perceptions of the future prospects and financial health of Millbank Mining, and Millbank 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 Millbank Stock performance.
| Return On Equity | -0.83 | ||||
| Return On Asset | -0.46 | ||||
| Current Valuation | 9.89 M | ||||
| Shares Outstanding | 22.39 M | ||||
| Price To Book | 15.54 X | ||||
| EBITDA | (235.78 K) | ||||
| Net Income | (95.15 K) | ||||
| Total Debt | 21.01 K | ||||
| Book Value Per Share | 0.03 X | ||||
| Cash Flow From Operations | (87.5 K) | ||||
| Earnings Per Share | (0.01) X | ||||
| Market Capitalization | 11.19 M | ||||
| Total Asset | 323.65 K | ||||
| Retained Earnings | (598.74 K) | ||||
| Working Capital | 101.28 K | ||||
About Millbank Mining Performance
Evaluating Millbank Mining's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Millbank Mining 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 Millbank Mining 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.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.34) | (0.35) | |
| Return On Capital Employed | (0.31) | (0.33) | |
| Return On Assets | (0.34) | (0.35) | |
| Return On Equity | (0.36) | (0.38) |
Things to note about Millbank Mining Corp performance evaluation
Checking the ongoing alerts about Millbank Mining for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Millbank Mining Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Millbank Mining Corp has some characteristics of a very speculative penny stock | |
| Millbank Mining Corp had very high historical volatility over the last 90 days | |
| Millbank Mining Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (95.15 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Millbank Mining generates negative cash flow from operations | |
| Latest headline from news.google.com: Primary Hydrogen Expands with New Projects in BC - TipRanks |
- Analyzing Millbank 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 Millbank Mining's stock is overvalued or undervalued compared to its peers.
- Examining Millbank 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 Millbank Mining's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Millbank Mining's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Millbank Mining's stock. These opinions can provide insight into Millbank Mining's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Millbank Stock Analysis
When running Millbank Mining's price analysis, check to measure Millbank 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 Millbank Mining is operating at the current time. Most of Millbank Mining's value examination focuses on studying past and present price action to predict the probability of Millbank 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 Millbank Mining's price. Additionally, you may evaluate how the addition of Millbank Mining to your portfolios can decrease your overall portfolio volatility.