Spearmint Resources Stock Performance
| SPMTF Stock | USD 0.02 0.0006 3.75% |
Spearmint Resources holds a performance score of 6 on a scale of zero to a hundred. The entity has a beta of 0.6, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Spearmint Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Spearmint Resources is expected to be smaller as well. Use Spearmint Resources total risk alpha and the relationship between the potential upside and day typical price , to analyze future returns on Spearmint Resources.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Spearmint Resources are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite nearly uncertain basic indicators, Spearmint Resources reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 2 M | |
| Total Cashflows From Investing Activities | -787.1 K |
Spearmint |
Spearmint Resources Relative Risk vs. Return Landscape
If you would invest 1.26 in Spearmint Resources on September 1, 2024 and sell it today you would earn a total of 0.28 from holding Spearmint Resources or generate 22.22% return on investment over 90 days. Spearmint Resources is currently producing 1.1871% returns and takes up 13.4718% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Spearmint, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Spearmint Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spearmint Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Spearmint Resources, and traders can use it to determine the average amount a Spearmint 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 = 0.0881
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Estimated Market Risk
| 13.47 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.19 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Spearmint Resources is performing at about 6% 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 Spearmint Resources by adding it to a well-diversified portfolio.
Spearmint Resources Fundamentals Growth
Spearmint Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Spearmint Resources, and Spearmint 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 Spearmint Pink Sheet performance.
| Return On Equity | -0.25 | |||
| Return On Asset | -0.17 | |||
| Current Valuation | 8.53 M | |||
| Shares Outstanding | 258.4 M | |||
| Price To Earning | (4.65) X | |||
| Price To Book | 2.75 X | |||
| EBITDA | (1.76 M) | |||
| Cash And Equivalents | 1.32 M | |||
| Debt To Equity | 101.20 % | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | (970.91 K) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 5.54 M | |||
About Spearmint Resources Performance
By analyzing Spearmint Resources' fundamental ratios, stakeholders can gain valuable insights into Spearmint Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Spearmint 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 Spearmint Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Spearmint Resources Inc., an exploration stage company, acquires, explores, and evaluates mineral properties in Canada and the United States. Spearmint Resources Inc. was incorporated in 2009 and is headquartered in Vancouver, Canada. Spearmint Resources is traded on OTC Exchange in the United States.Things to note about Spearmint Resources performance evaluation
Checking the ongoing alerts about Spearmint Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Spearmint Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Spearmint Resources is way too risky over 90 days horizon | |
| Spearmint Resources has some characteristics of a very speculative penny stock | |
| Spearmint Resources appears to be risky and price may revert if volatility continues | |
| Spearmint Resources has high likelihood to experience some financial distress in the next 2 years | |
| Spearmint Resources has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Net Loss for the year was (1.91 M) with loss before overhead, payroll, taxes, and interest of (4.62 K). | |
| Spearmint Resources has accumulated about 1.32 M in cash with (970.91 K) of positive cash flow from operations. |
- Analyzing Spearmint 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 Spearmint Resources' stock is overvalued or undervalued compared to its peers.
- Examining Spearmint 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 Spearmint Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Spearmint Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Spearmint Resources' pink sheet. These opinions can provide insight into Spearmint Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Spearmint Pink Sheet analysis
When running Spearmint Resources' price analysis, check to measure Spearmint 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 Spearmint Resources is operating at the current time. Most of Spearmint Resources' value examination focuses on studying past and present price action to predict the probability of Spearmint Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spearmint Resources' price. Additionally, you may evaluate how the addition of Spearmint Resources to your portfolios can decrease your overall portfolio volatility.
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