Tinka Resources Limited Stock Performance
| TK Stock | CAD 0.1 0.01 5.00% |
The entity has a beta of -0.36, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Tinka Resources are expected to decrease at a much lower rate. During the bear market, Tinka Resources is likely to outperform the market. At this point, Tinka Resources has a negative expected return of -0.3%. Please make sure to validate Tinka Resources' skewness, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Tinka Resources 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 Tinka Resources Limited has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating 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
Last Split Factor 1:3 | Last Split Date 2003-02-11 |
1 | Tinka Resources announces up to C5M private placement financing - Seeking Alpha | 11/20/2024 |
| Begin Period Cash Flow | 17.8 M |
Tinka |
Tinka Resources Relative Risk vs. Return Landscape
If you would invest 12.00 in Tinka Resources Limited on August 29, 2024 and sell it today you would lose (2.50) from holding Tinka Resources Limited or give up 20.83% of portfolio value over 90 days. Tinka Resources Limited is currently does not generate positive expected returns and assumes 4.0351% risk (volatility on return distribution) over the 90 days horizon. In different words, 35% of stocks are less volatile than Tinka, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Tinka Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tinka Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tinka Resources Limited, and traders can use it to determine the average amount a Tinka 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 = -0.0733
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| Negative Returns | TK |
Estimated Market Risk
| 4.04 actual daily | 35 65% of assets are more volatile |
Expected Return
| -0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tinka 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 Tinka Resources by adding Tinka Resources to a well-diversified portfolio.
Tinka Resources Fundamentals Growth
Tinka Stock prices reflect investors' perceptions of the future prospects and financial health of Tinka Resources, and Tinka 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 Tinka Stock performance.
| Return On Equity | -0.0157 | ||||
| Return On Asset | -0.0129 | ||||
| Current Valuation | 33.95 M | ||||
| Shares Outstanding | 391.3 M | ||||
| Price To Book | 0.50 X | ||||
| EBITDA | (1.72 M) | ||||
| Net Income | (1.46 M) | ||||
| Cash And Equivalents | 11.05 M | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 656.9 K | ||||
| Current Ratio | 20.05 X | ||||
| Book Value Per Share | 0.19 X | ||||
| Cash Flow From Operations | (1.28 M) | ||||
| Market Capitalization | 37.17 M | ||||
| Total Asset | 76.47 M | ||||
| Retained Earnings | (36.52 M) | ||||
| Working Capital | 17.3 M | ||||
About Tinka Resources Performance
Evaluating Tinka Resources' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Tinka 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 Tinka 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.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 4.7 M | 2.5 M | |
| Return On Tangible Assets | (0.02) | (0.02) | |
| Return On Capital Employed | (0.02) | (0.02) | |
| Return On Assets | (0.02) | (0.02) | |
| Return On Equity | (0.02) | (0.02) |
Things to note about Tinka Resources performance evaluation
Checking the ongoing alerts about Tinka Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Tinka Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tinka Resources generated a negative expected return over the last 90 days | |
| Tinka Resources has some characteristics of a very speculative penny stock | |
| Tinka Resources has high historical volatility and very poor performance | |
| Net Loss for the year was (1.46 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Tinka Resources Limited currently holds about 11.05 M in cash with (1.28 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 39.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Tinka Resources announces up to C5M private placement financing - Seeking Alpha |
- Analyzing Tinka 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 Tinka Resources' stock is overvalued or undervalued compared to its peers.
- Examining Tinka 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 Tinka Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tinka Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tinka Resources' stock. These opinions can provide insight into Tinka Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Tinka Stock Analysis
When running Tinka Resources' price analysis, check to measure Tinka 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 Tinka Resources is operating at the current time. Most of Tinka Resources' value examination focuses on studying past and present price action to predict the probability of Tinka Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tinka Resources' price. Additionally, you may evaluate how the addition of Tinka Resources to your portfolios can decrease your overall portfolio volatility.