Wealth Minerals Stock Performance
| WMLLF Stock | USD 0.04 0.01 20.00% |
The firm maintains a market beta of -1.07, which attests to a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Wealth Minerals are expected to decrease slowly. On the other hand, during market turmoil, Wealth Minerals is expected to outperform it slightly. At this point, Wealth Minerals has a negative expected return of -0.13%. Please make sure to check out Wealth Minerals' jensen alpha and the relationship between the potential upside and period momentum indicator , to decide if Wealth Minerals performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Wealth Minerals has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's essential indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
| Begin Period Cash Flow | 87.9 K | |
| Total Cashflows From Investing Activities | -6.3 M |
Wealth |
Wealth Minerals Relative Risk vs. Return Landscape
If you would invest 6.00 in Wealth Minerals on August 29, 2024 and sell it today you would lose (2.00) from holding Wealth Minerals or give up 33.33% of portfolio value over 90 days. Wealth Minerals is currently producing negative expected returns and takes up 10.264% volatility of returns over 90 trading days. Put another way, 91% of traded otc stocks are less volatile than Wealth, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Wealth Minerals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wealth Minerals' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Wealth Minerals, and traders can use it to determine the average amount a Wealth Minerals' 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 = -0.0128
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WMLLF |
Estimated Market Risk
| 10.26 actual daily | 91 91% of assets are less volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wealth Minerals 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 Wealth Minerals by adding Wealth Minerals to a well-diversified portfolio.
Wealth Minerals Fundamentals Growth
Wealth OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Wealth Minerals, and Wealth Minerals 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 Wealth OTC Stock performance.
| Return On Equity | -0.31 | |||
| Return On Asset | -0.13 | |||
| Current Valuation | 81.51 M | |||
| Shares Outstanding | 312.99 M | |||
| Price To Earning | (13.63) X | |||
| Price To Book | 2.56 X | |||
| EBITDA | (9.19 M) | |||
| Cash And Equivalents | 5.16 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 40 K | |||
| Book Value Per Share | 0.16 X | |||
| Cash Flow From Operations | (3.48 M) | |||
| Earnings Per Share | (0.05) X | |||
| Total Asset | 51.36 M | |||
| Retained Earnings | (45.4 M) | |||
| Current Asset | 1.54 M | |||
| Current Liabilities | 1.11 M | |||
About Wealth Minerals Performance
By analyzing Wealth Minerals' fundamental ratios, stakeholders can gain valuable insights into Wealth Minerals' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Wealth Minerals 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 Wealth Minerals has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Wealth Minerals Ltd., a junior mineral resource exploration company, engages in the acquisition, exploration, and development of mineral properties in Chile, Canada, and Mexico. It principally holds interests in the Atacama project that comprises 144 exploration concessions covering an area of approximately 46,200 hectares located in the Atacama Salar in Region II of Antofagasta, northern Chile. WEALTH MINERALS is traded on OTC Exchange in the United States.Things to note about Wealth Minerals performance evaluation
Checking the ongoing alerts about Wealth Minerals for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Wealth Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Wealth Minerals generated a negative expected return over the last 90 days | |
| Wealth Minerals has high historical volatility and very poor performance | |
| Wealth Minerals has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (9.38 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Wealth Minerals has accumulated about 5.16 M in cash with (3.48 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
- Analyzing Wealth Minerals' 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 Wealth Minerals' stock is overvalued or undervalued compared to its peers.
- Examining Wealth Minerals' 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 Wealth Minerals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Wealth Minerals' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Wealth Minerals' otc stock. These opinions can provide insight into Wealth Minerals' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Wealth OTC Stock analysis
When running Wealth Minerals' price analysis, check to measure Wealth Minerals' 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 Wealth Minerals is operating at the current time. Most of Wealth Minerals' value examination focuses on studying past and present price action to predict the probability of Wealth Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wealth Minerals' price. Additionally, you may evaluate how the addition of Wealth Minerals to your portfolios can decrease your overall portfolio volatility.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |