Metallic Minerals Corp Stock Performance
| MMNGF Stock | USD 0.10 0.01 9.09% |
The company secures a Beta (Market Risk) of -3.38, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Metallic Minerals are expected to decrease by larger amounts. On the other hand, during market turmoil, Metallic Minerals is expected to outperform it. At this point, Metallic Minerals Corp has a negative expected return of -0.36%. Please make sure to verify Metallic Minerals' kurtosis, as well as the relationship between the day median price and relative strength index , to decide if Metallic Minerals Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Metallic Minerals Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's technical and fundamental indicators remain nearly stable which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 4 M | |
| Total Cashflows From Investing Activities | -866.2 K |
Metallic |
Metallic Minerals Relative Risk vs. Return Landscape
If you would invest 15.00 in Metallic Minerals Corp on September 1, 2024 and sell it today you would lose (5.00) from holding Metallic Minerals Corp or give up 33.33% of portfolio value over 90 days. Metallic Minerals Corp is currently producing negative expected returns and takes up 7.531% volatility of returns over 90 trading days. Put another way, 67% of traded otc stocks are less volatile than Metallic, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Metallic Minerals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Metallic Minerals' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Metallic Minerals Corp, and traders can use it to determine the average amount a Metallic Minerals' 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 = -0.0484
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MMNGF |
Estimated Market Risk
| 7.53 actual daily | 67 67% of assets are less volatile |
Expected Return
| -0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Metallic Minerals 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 Metallic Minerals by adding Metallic Minerals to a well-diversified portfolio.
Metallic Minerals Fundamentals Growth
Metallic OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Metallic Minerals, and Metallic Minerals 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 Metallic OTC Stock performance.
| Return On Equity | -1.0 | |||
| Return On Asset | -0.56 | |||
| Current Valuation | 24.77 M | |||
| Shares Outstanding | 150.61 M | |||
| Price To Earning | (4.75) X | |||
| Price To Book | 4.58 X | |||
| EBITDA | (7.21 M) | |||
| Cash And Equivalents | 1.87 M | |||
| Cash Per Share | 0.01 X | |||
| Debt To Equity | 0.50 % | |||
| Book Value Per Share | 0.04 X | |||
| Cash Flow From Operations | (5.32 M) | |||
| Earnings Per Share | (0.04) X | |||
| Total Asset | 9.1 M | |||
| Retained Earnings | (2.5 M) | |||
| Current Asset | 38 K | |||
| Current Liabilities | 497 K | |||
About Metallic Minerals Performance
By analyzing Metallic Minerals' fundamental ratios, stakeholders can gain valuable insights into Metallic Minerals' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Metallic Minerals 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 Metallic Minerals has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Metallic Minerals Corp. acquires, explores for, and develops mineral properties. Metallic Minerals Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada. METALLIC MINERALS is traded on OTC Exchange in the United States.Things to note about Metallic Minerals Corp performance evaluation
Checking the ongoing alerts about Metallic Minerals for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Metallic Minerals Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Metallic Minerals generated a negative expected return over the last 90 days | |
| Metallic Minerals has high historical volatility and very poor performance | |
| Metallic Minerals has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (7.19 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Metallic Minerals Corp has accumulated about 1.87 M in cash with (5.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 20.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Metallic Minerals' 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 Metallic Minerals' stock is overvalued or undervalued compared to its peers.
- Examining Metallic Minerals' 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 Metallic Minerals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Metallic Minerals' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Metallic Minerals' otc stock. These opinions can provide insight into Metallic Minerals' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Metallic OTC Stock analysis
When running Metallic Minerals' price analysis, check to measure Metallic Minerals' 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 Metallic Minerals is operating at the current time. Most of Metallic Minerals' value examination focuses on studying past and present price action to predict the probability of Metallic Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metallic Minerals' price. Additionally, you may evaluate how the addition of Metallic Minerals to your portfolios can decrease your overall portfolio volatility.
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |