Techgen Metals (Australia) Performance
| TG1 Stock | 0.04 0 12.50% |
Techgen Metals has a performance score of 2 on a scale of 0 to 100. The entity has a beta of -0.17, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Techgen Metals are expected to decrease at a much lower rate. During the bear market, Techgen Metals is likely to outperform the market. Techgen Metals right now has a risk of 5.16%. Please validate Techgen Metals jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if Techgen Metals will be following its existing price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Techgen Metals are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, Techgen Metals may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
1 | Resources Top 5 iTech inks SQM lithium JV - Stockhead | 11/21/2024 |
2 | TechGen Metals Eyes Promising Copper Discovery - TipRanks | 12/09/2024 |
| Begin Period Cash Flow | 1.6 M | |
| Free Cash Flow | -935.6 K |
Techgen |
Techgen Metals Relative Risk vs. Return Landscape
If you would invest 3.50 in Techgen Metals on September 19, 2024 and sell it today you would earn a total of 0.10 from holding Techgen Metals or generate 2.86% return on investment over 90 days. Techgen Metals is generating 0.1696% of daily returns assuming 5.1576% volatility of returns over the 90 days investment horizon. Simply put, 45% of all stocks have less volatile historical return distribution than Techgen Metals, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Techgen Metals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Techgen Metals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Techgen Metals, and traders can use it to determine the average amount a Techgen Metals' 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 = 0.0329
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Estimated Market Risk
| 5.16 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Techgen Metals is performing at about 2% 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 Techgen Metals by adding it to a well-diversified portfolio.
Techgen Metals Fundamentals Growth
Techgen Stock prices reflect investors' perceptions of the future prospects and financial health of Techgen Metals, and Techgen Metals 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 Techgen Stock performance.
| Return On Equity | -0.27 | ||||
| Return On Asset | -0.16 | ||||
| Operating Margin | (42.16) % | ||||
| Current Valuation | 2.73 M | ||||
| Shares Outstanding | 158.67 M | ||||
| Price To Book | 0.76 X | ||||
| Price To Sales | 177.06 X | ||||
| Revenue | 28.68 K | ||||
| Gross Profit | 14.29 K | ||||
| EBITDA | (1.64 M) | ||||
| Net Income | (1.65 M) | ||||
| Total Debt | 130.71 K | ||||
| Book Value Per Share | 0.05 X | ||||
| Cash Flow From Operations | (935.65 K) | ||||
| Earnings Per Share | (0.02) X | ||||
| Total Asset | 6.85 M | ||||
| Retained Earnings | (6.7 M) | ||||
About Techgen Metals Performance
Assessing Techgen Metals' fundamental ratios provides investors with valuable insights into Techgen Metals' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Techgen Metals is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Techgen Metals is entity of Australia. It is traded as Stock on AU exchange.Things to note about Techgen Metals performance evaluation
Checking the ongoing alerts about Techgen Metals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Techgen Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Techgen Metals had very high historical volatility over the last 90 days | |
| Techgen Metals has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 28.68 K. Net Loss for the year was (1.65 M) with profit before overhead, payroll, taxes, and interest of 14.29 K. | |
| Techgen Metals generates negative cash flow from operations | |
| About 18.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: TechGen Metals Eyes Promising Copper Discovery - TipRanks |
- Analyzing Techgen Metals' 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 Techgen Metals' stock is overvalued or undervalued compared to its peers.
- Examining Techgen Metals' 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 Techgen Metals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Techgen Metals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Techgen Metals' stock. These opinions can provide insight into Techgen Metals' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Techgen Stock Analysis
When running Techgen Metals' price analysis, check to measure Techgen Metals' 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 Techgen Metals is operating at the current time. Most of Techgen Metals' value examination focuses on studying past and present price action to predict the probability of Techgen Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Techgen Metals' price. Additionally, you may evaluate how the addition of Techgen Metals to your portfolios can decrease your overall portfolio volatility.