The etf secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and MMX Minerao are completely uncorrelated.
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Over the last 90 days MMX Minerao e has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, MMX Minerao is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Fifty Two Week Low
0.4000
Fifty Two Week High
0.6900
MMX
MMX Minerao Relative Risk vs. Return Landscape
If you would invest 210.00 in MMX Minerao e on December 9, 2024 and sell it today you would earn a total of 0.00 from holding MMX Minerao e or generate 0.0% return on investment over 90 days. MMX Minerao e is generating negative expected returns and assumes 0.0% volatility on return distribution over the 90 days horizon. Simply put, 0% of etfs are less volatile than MMX, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
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MMX Minerao Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MMX Minerao's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as MMX Minerao e, and traders can use it to determine the average amount a MMX Minerao'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 = 0.0
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Based on monthly moving average MMX Minerao 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 MMX Minerao by adding MMX Minerao to a well-diversified portfolio.
MMX Minerao Fundamentals Growth
MMX Etf prices reflect investors' perceptions of the future prospects and financial health of MMX Minerao, and MMX Minerao 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 MMX Etf performance.
By analyzing MMX Minerao's fundamental ratios, stakeholders can gain valuable insights into MMX Minerao's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if MMX Minerao 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 MMX Minerao has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
MMX Minerao e Metlicos S.A., together with its subsidiaries, engages in the extraction, processing, research, and development of minerals in Brazil. MMX Minerao e Metlicos S.A. was founded in 2005 and is headquartered in Rio de Janeiro, Brazil. MMX MINER operates under Industrial Metals Minerals classification in Brazil and is traded on Sao Paolo Stock Exchange.
MMX Minerao e generated a negative expected return over the last 90 days
MMX Minerao e has high likelihood to experience some financial distress in the next 2 years
MMX Minerao e has accumulated 207.6 M in total debt with debt to equity ratio (D/E) of 0.06, which may suggest the company is not taking enough advantage from borrowing. MMX Minerao e has a current ratio of 0.04, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist MMX Minerao until it has trouble settling it off, either with new capital or with free cash flow. So, MMX Minerao's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MMX Minerao e sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MMX to invest in growth at high rates of return. When we think about MMX Minerao's use of debt, we should always consider it together with cash and equity.
The entity reported the revenue of 3.5 M. Net Loss for the year was (109.44 M) with loss before overhead, payroll, taxes, and interest of (386 K).
MMX Minerao e has accumulated about 6 K in cash with (1.39 M) of positive cash flow from operations.
Other Information on Investing in MMX Etf
MMX Minerao financial ratios help investors to determine whether MMX Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MMX with respect to the benefits of owning MMX Minerao security.