Melkior Resources Stock Performance
| MKR Stock | CAD 0.07 0.02 22.22% |
The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Melkior Resources are completely uncorrelated. At this point, Melkior Resources has a negative expected return of -0.14%. Please make sure to verify Melkior Resources' information ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Melkior Resources 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 Melkior Resources has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Stock's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 2.4 M |
Melkior |
Melkior Resources Relative Risk vs. Return Landscape
If you would invest 9.00 in Melkior Resources on August 24, 2024 and sell it today you would lose (2.00) from holding Melkior Resources or give up 22.22% of portfolio value over 90 days. Melkior Resources is currently producing negative expected returns and takes up 7.3287% volatility of returns over 90 trading days. Put another way, 65% of traded stocks are less volatile than Melkior, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Melkior Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Melkior Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Melkior Resources, and traders can use it to determine the average amount a Melkior Resources' 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 = -0.0185
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Estimated Market Risk
| 7.33 actual daily | 65 65% of assets are less volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Melkior Resources 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 Melkior Resources by adding Melkior Resources to a well-diversified portfolio.
Melkior Resources Fundamentals Growth
Melkior Stock prices reflect investors' perceptions of the future prospects and financial health of Melkior Resources, and Melkior Resources 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 Melkior Stock performance.
| Return On Equity | -0.0192 | |||
| Return On Asset | -0.011 | |||
| Current Valuation | 381.06 K | |||
| Shares Outstanding | 34.27 M | |||
| Price To Book | 0.15 X | |||
| EBITDA | (108.83 K) | |||
| Cash And Equivalents | 2 M | |||
| Cash Per Share | 0.09 X | |||
| Total Debt | 301.91 K | |||
| Book Value Per Share | 0.46 X | |||
| Cash Flow From Operations | (262.08 K) | |||
| Earnings Per Share | (0.02) X | |||
| Total Asset | 15.76 M | |||
| Retained Earnings | (40.35 M) | |||
About Melkior Resources Performance
Evaluating Melkior Resources' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Melkior Resources 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 Melkior Resources 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.
Melkior Resources Inc., a junior mining exploration company, engages in the acquisition and exploration of mineral properties in Canada. The company was founded in 1986 and is based in Timmins, Canada. MELKIOR RESOURCES operates under Other Industrial Metals Mining classification in Exotistan and is traded on Commodity Exchange.Things to note about Melkior Resources performance evaluation
Checking the ongoing alerts about Melkior Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Melkior Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Melkior Resources generated a negative expected return over the last 90 days | |
| Melkior Resources has high historical volatility and very poor performance | |
| Melkior Resources has some characteristics of a very speculative penny stock | |
| Melkior Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (150.07 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Melkior Resources has accumulated about 2 M in cash with (262.08 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 21.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Melkior Resources' 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 Melkior Resources' stock is overvalued or undervalued compared to its peers.
- Examining Melkior Resources' 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 Melkior Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Melkior Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Melkior Resources' stock. These opinions can provide insight into Melkior Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Melkior Stock Analysis
When running Melkior Resources' price analysis, check to measure Melkior Resources' 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 Melkior Resources is operating at the current time. Most of Melkior Resources' value examination focuses on studying past and present price action to predict the probability of Melkior Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Melkior Resources' price. Additionally, you may evaluate how the addition of Melkior Resources to your portfolios can decrease your overall portfolio volatility.