Mirage Energy Corp Stock Performance
| MRGE Stock | USD 0.01 0.04 90.00% |
Mirage Energy holds a performance score of 11 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 21.69, 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, Mirage Energy will likely underperform. Use Mirage Energy Corp maximum drawdown and the relationship between the semi variance and price action indicator , to analyze future returns on Mirage Energy Corp.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Mirage Energy Corp are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of rather weak technical and fundamental indicators, Mirage Energy exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 166.9 K |
Mirage |
Mirage Energy Relative Risk vs. Return Landscape
If you would invest 0.90 in Mirage Energy Corp on August 28, 2024 and sell it today you would lose (0.40) from holding Mirage Energy Corp or give up 44.44% of portfolio value over 90 days. Mirage Energy Corp is currently generating 16.6051% in daily expected returns and assumes 117.2874% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Mirage, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Mirage Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mirage Energy's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Mirage Energy Corp, and traders can use it to determine the average amount a Mirage Energy'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 = 0.1416
| Best Portfolio | Best Equity | MRGE | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 117.29 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Mirage Energy is performing at about 11% 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 Mirage Energy by adding it to a well-diversified portfolio.
Mirage Energy Fundamentals Growth
Mirage Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Mirage Energy, and Mirage Energy 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 Mirage Pink Sheet performance.
| Return On Asset | -11.78 | |||
| Current Valuation | 1.12 M | |||
| Shares Outstanding | 496.71 M | |||
| Price To Earning | (210.00) X | |||
| Price To Sales | 767.49 X | |||
| EBITDA | (4.16 M) | |||
| Cash And Equivalents | 99.16 K | |||
| Total Debt | 1.2 K | |||
| Debt To Equity | 1.80 % | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (821.6 K) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 156 | |||
| Retained Earnings | (543.62 M) | |||
| Current Asset | 4 K | |||
| Current Liabilities | 40 K | |||
About Mirage Energy Performance
By analyzing Mirage Energy's fundamental ratios, stakeholders can gain valuable insights into Mirage Energy's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Mirage Energy 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 Mirage Energy has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Mirage Energy Corporation, through its subsidiaries, focuses on developing an integrated pipeline and natural gas storage facility in Mexico and the United States. Mirage Energy Corporation was incorporated in 2014 and is based in San Antonio, Texas. Mirage Energy operates under Oil Gas Midstream classification in the United States and is traded on OTC Exchange. It employs 5 people.Things to note about Mirage Energy Corp performance evaluation
Checking the ongoing alerts about Mirage Energy for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Mirage Energy Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mirage Energy Corp is way too risky over 90 days horizon | |
| Mirage Energy Corp has some characteristics of a very speculative penny stock | |
| Mirage Energy Corp appears to be risky and price may revert if volatility continues | |
| Mirage Energy Corp currently holds 1.2 K in liabilities with Debt to Equity (D/E) ratio of 1.8, which is about average as compared to similar companies. Mirage Energy Corp has a current ratio of 0.05, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Mirage Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Mirage Energy'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 Mirage Energy Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mirage to invest in growth at high rates of return. When we think about Mirage Energy's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (4.22 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Mirage Energy Corp currently holds about 99.16 K in cash with (821.6 K) of positive cash flow from operations. | |
| Roughly 48.0% of Mirage Energy outstanding shares are owned by corporate insiders |
- Analyzing Mirage Energy'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 Mirage Energy's stock is overvalued or undervalued compared to its peers.
- Examining Mirage Energy'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 Mirage Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mirage Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mirage Energy's pink sheet. These opinions can provide insight into Mirage Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Mirage Pink Sheet analysis
When running Mirage Energy's price analysis, check to measure Mirage Energy'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 Mirage Energy is operating at the current time. Most of Mirage Energy's value examination focuses on studying past and present price action to predict the probability of Mirage Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mirage Energy's price. Additionally, you may evaluate how the addition of Mirage Energy to your portfolios can decrease your overall portfolio volatility.
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