Pjx Resources Stock Performance
| PJX Stock | CAD 0.1 0.01 13.64% |
The company holds a Beta of -0.6, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning PJX Resources are expected to decrease at a much lower rate. During the bear market, PJX Resources is likely to outperform the market. At this point, PJX Resources has a negative expected return of -1.03%. Please make sure to check PJX Resources' potential upside, rate of daily change, as well as the relationship between the Rate Of Daily Change and period momentum indicator , to decide if PJX Resources performance from the past will be repeated at some future point.
Risk-Adjusted Performance
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Over the last 90 days PJX Resources has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in December 2024. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
1 | Jonestown Bank Trust Shares Up 1.2 percent - Defense World | 09/03/2024 |
2 | PJX Resources Discovers Promising Mineralization Potential - TipRanks | 11/12/2024 |
| Begin Period Cash Flow | 963.4 K | |
| Free Cash Flow | -859.9 K |
PJX |
PJX Resources Relative Risk vs. Return Landscape
If you would invest 21.00 in PJX Resources on August 25, 2024 and sell it today you would lose (11.50) from holding PJX Resources or give up 54.76% of portfolio value over 90 days. PJX Resources is currently producing negative expected returns and takes up 6.383% volatility of returns over 90 trading days. Put another way, 56% of traded stocks are less volatile than PJX, 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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PJX Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for PJX Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as PJX Resources, and traders can use it to determine the average amount a PJX 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 = -0.1616
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| Negative Returns | PJX |
Estimated Market Risk
| 6.38 actual daily | 56 56% of assets are less volatile |
Expected Return
| -1.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PJX 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 PJX Resources by adding PJX Resources to a well-diversified portfolio.
PJX Resources Fundamentals Growth
PJX Stock prices reflect investors' perceptions of the future prospects and financial health of PJX Resources, and PJX 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 PJX Stock performance.
| Return On Equity | -1.3 | ||||
| Return On Asset | -0.77 | ||||
| Current Valuation | 15.88 M | ||||
| Shares Outstanding | 174.49 M | ||||
| Price To Earning | (4.29) X | ||||
| Price To Book | 2.99 X | ||||
| EBITDA | (4.18 M) | ||||
| Net Income | (1.19 M) | ||||
| Cash And Equivalents | 1.44 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 346.88 K | ||||
| Book Value Per Share | 0.02 X | ||||
| Cash Flow From Operations | (843.27 K) | ||||
| Earnings Per Share | (0.03) X | ||||
| Total Asset | 2.97 M | ||||
| Retained Earnings | (21.27 M) | ||||
About PJX Resources Performance
Evaluating PJX Resources' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if PJX 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 PJX 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.
PJX Resources Inc., a mineral exploration company, explores for and develops mineral properties in Canada. PJX Resources Inc. was founded in 2010 and is based in Toronto, Canada. PJX RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.Things to note about PJX Resources performance evaluation
Checking the ongoing alerts about PJX Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for PJX Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| PJX Resources generated a negative expected return over the last 90 days | |
| PJX Resources has high historical volatility and very poor performance | |
| PJX Resources has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (1.19 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| PJX Resources has accumulated about 1.44 M in cash with (843.27 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 22.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: PJX Resources Discovers Promising Mineralization Potential - TipRanks |
- Analyzing PJX 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 PJX Resources' stock is overvalued or undervalued compared to its peers.
- Examining PJX 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 PJX Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of PJX Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of PJX Resources' stock. These opinions can provide insight into PJX Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for PJX Stock Analysis
When running PJX Resources' price analysis, check to measure PJX 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 PJX Resources is operating at the current time. Most of PJX Resources' value examination focuses on studying past and present price action to predict the probability of PJX Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PJX Resources' price. Additionally, you may evaluate how the addition of PJX Resources to your portfolios can decrease your overall portfolio volatility.