Sherritt International Stock Performance
| SHERF Stock | USD 0.12 0.01 7.69% |
On a scale of 0 to 100, Sherritt International holds a performance score of 3. The entity has a beta of 0.53, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sherritt International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sherritt International is expected to be smaller as well. Please check Sherritt International's jensen alpha, semi variance, price action indicator, as well as the relationship between the maximum drawdown and daily balance of power , to make a quick decision on whether Sherritt International's existing price patterns will revert.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Sherritt International are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Sherritt International reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 145.6 M |
Sherritt |
Sherritt International Relative Risk vs. Return Landscape
If you would invest 15.00 in Sherritt International on August 30, 2024 and sell it today you would lose (3.00) from holding Sherritt International or give up 20.0% of portfolio value over 90 days. Sherritt International is currently producing 0.664% returns and takes up 16.5053% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Sherritt, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Sherritt International Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sherritt International's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Sherritt International, and traders can use it to determine the average amount a Sherritt International'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 = 0.0402
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 16.51 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.66 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Sherritt International is performing at about 3% 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 Sherritt International by adding it to a well-diversified portfolio.
Sherritt International Fundamentals Growth
Sherritt Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Sherritt International, and Sherritt International 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 Sherritt Pink Sheet performance.
| Return On Equity | 0.0995 | |||
| Return On Asset | -0.0304 | |||
| Profit Margin | 0.36 % | |||
| Operating Margin | (0.40) % | |||
| Current Valuation | 340.1 M | |||
| Shares Outstanding | 397.29 M | |||
| Price To Earning | 2.67 X | |||
| Price To Book | 0.29 X | |||
| Price To Sales | 0.92 X | |||
| Revenue | 178.8 M | |||
| EBITDA | 132.8 M | |||
| Cash And Equivalents | 124.6 M | |||
| Cash Per Share | 0.31 X | |||
| Total Debt | 304.4 M | |||
| Debt To Equity | 0.59 % | |||
| Book Value Per Share | 1.75 X | |||
| Cash Flow From Operations | 88.7 M | |||
| Earnings Per Share | 0.12 X | |||
| Total Asset | 1.56 B | |||
About Sherritt International Performance
By analyzing Sherritt International's fundamental ratios, stakeholders can gain valuable insights into Sherritt International's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Sherritt International 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 Sherritt International has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Sherritt International Corporation engages in the mining, refining, and sale of nickel and cobalt from lateritic sources primarily in Canada and Cuba. The company was incorporated in 1927 and is based in Toronto, Canada. Sherritt International operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Sherritt International performance evaluation
Checking the ongoing alerts about Sherritt International for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Sherritt International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Sherritt International is way too risky over 90 days horizon | |
| Sherritt International has some characteristics of a very speculative penny stock | |
| Sherritt International appears to be risky and price may revert if volatility continues | |
| Sherritt International has high likelihood to experience some financial distress in the next 2 years |
- Analyzing Sherritt International'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 Sherritt International's stock is overvalued or undervalued compared to its peers.
- Examining Sherritt International'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 Sherritt International's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sherritt International's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Sherritt International's pink sheet. These opinions can provide insight into Sherritt International's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Sherritt Pink Sheet analysis
When running Sherritt International's price analysis, check to measure Sherritt International'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 Sherritt International is operating at the current time. Most of Sherritt International's value examination focuses on studying past and present price action to predict the probability of Sherritt International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sherritt International's price. Additionally, you may evaluate how the addition of Sherritt International to your portfolios can decrease your overall portfolio volatility.
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