Inomin Mines Stock Performance
| MINE Stock | CAD 0.04 0.01 12.50% |
On a scale of 0 to 100, Inomin Mines holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of -2.74, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Inomin Mines are expected to decrease by larger amounts. On the other hand, during market turmoil, Inomin Mines is expected to outperform it. Please check Inomin Mines' sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Inomin Mines' current trending patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Inomin Mines are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Inomin Mines showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Inomin Mines Taps Hydrogen Expertise with New Advisor - TipRanks | 11/18/2024 |
| Begin Period Cash Flow | 182.7 K | |
| Free Cash Flow | -309.7 K |
Inomin |
Inomin Mines Relative Risk vs. Return Landscape
If you would invest 4.00 in Inomin Mines on September 14, 2024 and sell it today you would earn a total of 0.50 from holding Inomin Mines or generate 12.5% return on investment over 90 days. Inomin Mines is generating 0.5642% of daily returns assuming 8.9654% volatility of returns over the 90 days investment horizon. Simply put, 79% of all stocks have less volatile historical return distribution than Inomin Mines, and 89% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Inomin Mines Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inomin Mines' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Inomin Mines, and traders can use it to determine the average amount a Inomin Mines' 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 = 0.0629
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 8.97 actual daily | 79 79% of assets are less volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Inomin Mines 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 Inomin Mines by adding it to a well-diversified portfolio.
Inomin Mines Fundamentals Growth
Inomin Stock prices reflect investors' perceptions of the future prospects and financial health of Inomin Mines, and Inomin Mines 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 Inomin Stock performance.
| Return On Equity | -0.26 | ||||
| Return On Asset | -0.14 | ||||
| Current Valuation | 1.71 M | ||||
| Shares Outstanding | 40.45 M | ||||
| Price To Book | 1.47 X | ||||
| Gross Profit | (8.85 K) | ||||
| EBITDA | (349.96 K) | ||||
| Net Income | (300.83 K) | ||||
| Cash And Equivalents | 511.84 K | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 66.67 K | ||||
| Book Value Per Share | 0.03 X | ||||
| Cash Flow From Operations | (274.89 K) | ||||
| Earnings Per Share | (0.01) X | ||||
| Total Asset | 1.34 M | ||||
| Retained Earnings | (2.07 M) | ||||
About Inomin Mines Performance
Evaluating Inomin Mines' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Inomin Mines 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 Inomin Mines 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.
Inomin Mines Inc., an exploration stage company, engages in the identification, exploration, and development of mineral properties in Canada. Inomin Mines Inc. was incorporated in 2012 and is based in Vancouver, Canada. INOMIN MINES operates under Other Industrial Metals Mining classification in Exotistan and is traded on Commodity Exchange.Things to note about Inomin Mines performance evaluation
Checking the ongoing alerts about Inomin Mines for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Inomin Mines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Inomin Mines is way too risky over 90 days horizon | |
| Inomin Mines has some characteristics of a very speculative penny stock | |
| Inomin Mines appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (300.83 K) with loss before overhead, payroll, taxes, and interest of (8.85 K). | |
| Inomin Mines has accumulated about 511.84 K in cash with (274.89 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Latest headline from news.google.com: Inomin Mines Taps Hydrogen Expertise with New Advisor - TipRanks |
- Analyzing Inomin Mines' 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 Inomin Mines' stock is overvalued or undervalued compared to its peers.
- Examining Inomin Mines' 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 Inomin Mines' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Inomin Mines' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Inomin Mines' stock. These opinions can provide insight into Inomin Mines' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Inomin Stock Analysis
When running Inomin Mines' price analysis, check to measure Inomin Mines' 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 Inomin Mines is operating at the current time. Most of Inomin Mines' value examination focuses on studying past and present price action to predict the probability of Inomin Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inomin Mines' price. Additionally, you may evaluate how the addition of Inomin Mines to your portfolios can decrease your overall portfolio volatility.