Surge Copper Corp Stock Performance
| SRGXF Stock | USD 0.07 0 1.62% |
The entity has a beta of 0.0527, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Surge Copper's returns are expected to increase less than the market. However, during the bear market, the loss of holding Surge Copper is expected to be smaller as well. At this point, Surge Copper Corp has a negative expected return of -0.57%. Please make sure to validate Surge Copper's treynor ratio, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Surge Copper Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Surge Copper Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 3.3 M | |
| Total Cashflows From Investing Activities | -7.8 M |
Surge |
Surge Copper Relative Risk vs. Return Landscape
If you would invest 11.00 in Surge Copper Corp on August 26, 2024 and sell it today you would lose (4.11) from holding Surge Copper Corp or give up 37.36% of portfolio value over 90 days. Surge Copper Corp is currently producing negative expected returns and takes up 5.3718% volatility of returns over 90 trading days. Put another way, 47% of traded otc stocks are less volatile than Surge, 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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Surge Copper Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Surge Copper's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Surge Copper Corp, and traders can use it to determine the average amount a Surge Copper'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 = -0.1064
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| Negative Returns | SRGXF |
Estimated Market Risk
| 5.37 actual daily | 47 53% of assets are more volatile |
Expected Return
| -0.57 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Surge Copper 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 Surge Copper by adding Surge Copper to a well-diversified portfolio.
Surge Copper Fundamentals Growth
Surge OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Surge Copper, and Surge Copper 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 Surge OTC Stock performance.
| Return On Equity | -0.068 | |||
| Return On Asset | -0.0269 | |||
| Current Valuation | 15.29 M | |||
| Shares Outstanding | 192.12 M | |||
| Price To Book | 0.52 X | |||
| EBITDA | (2.27 M) | |||
| Cash And Equivalents | 7.22 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 120.84 K | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 0.25 X | |||
| Cash Flow From Operations | (1.56 M) | |||
| Earnings Per Share | (0.04) X | |||
| Total Asset | 47.28 M | |||
About Surge Copper Performance
By analyzing Surge Copper's fundamental ratios, stakeholders can gain valuable insights into Surge Copper's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Surge Copper 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 Surge Copper has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Surge Copper Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. Surge Copper Corp. was incorporated in 1965 and is based in Vancouver, Canada. SURGE COPPER operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Surge Copper Corp performance evaluation
Checking the ongoing alerts about Surge Copper for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Surge Copper Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Surge Copper Corp generated a negative expected return over the last 90 days | |
| Surge Copper Corp has high historical volatility and very poor performance | |
| Surge Copper Corp has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (4.89 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Surge Copper Corp has accumulated about 7.22 M in cash with (1.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 14.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Surge Copper'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 Surge Copper's stock is overvalued or undervalued compared to its peers.
- Examining Surge Copper'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 Surge Copper's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Surge Copper's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Surge Copper's otc stock. These opinions can provide insight into Surge Copper's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Surge OTC Stock analysis
When running Surge Copper's price analysis, check to measure Surge Copper'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 Surge Copper is operating at the current time. Most of Surge Copper's value examination focuses on studying past and present price action to predict the probability of Surge Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Surge Copper's price. Additionally, you may evaluate how the addition of Surge Copper to your portfolios can decrease your overall portfolio volatility.
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