Waseco Resources Stock Performance
| WRI Stock | CAD 0.02 0.00 0.00% |
The firm maintains a market beta of -1.93, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Waseco Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Waseco Resources is expected to outperform it. At this point, Waseco Resources has a negative expected return of -0.27%. Please make sure to check out Waseco Resources' variance, as well as the relationship between the skewness and day typical price , to decide if Waseco Resources 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 Waseco Resources has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in March 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
1 | Closing Bell Waseco Resources Inc Flat On Friday - Barchart | 11/05/2024 |
| Begin Period Cash Flow | 650.00 | |
| Free Cash Flow | -48.6 K |
Waseco |
Waseco Resources Relative Risk vs. Return Landscape
If you would invest 3.00 in Waseco Resources on November 2, 2024 and sell it today you would lose (1.00) from holding Waseco Resources or give up 33.33% of portfolio value over 90 days. Waseco Resources is currently producing negative expected returns and takes up 8.8672% volatility of returns over 90 trading days. Put another way, 79% of traded stocks are less volatile than Waseco, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Waseco Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Waseco Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Waseco Resources, and traders can use it to determine the average amount a Waseco 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 = -0.0308
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WRI |
Estimated Market Risk
| 8.87 actual daily | 79 79% of assets are less volatile |
Expected Return
| -0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Waseco 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 Waseco Resources by adding Waseco Resources to a well-diversified portfolio.
Waseco Resources Fundamentals Growth
Waseco Stock prices reflect investors' perceptions of the future prospects and financial health of Waseco Resources, and Waseco 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 Waseco Stock performance.
| Return On Asset | -2.77 | ||||
| Operating Margin | (8.04) % | ||||
| Current Valuation | 865.32 K | ||||
| Shares Outstanding | 41.68 M | ||||
| Price To Earning | (5.38) X | ||||
| Price To Book | 39.82 X | ||||
| Price To Sales | 270.75 X | ||||
| Revenue | 3.08 K | ||||
| Gross Profit | 3.08 K | ||||
| EBITDA | (47.32 K) | ||||
| Net Income | (50.84 K) | ||||
| Cash And Equivalents | 3.96 K | ||||
| Total Debt | 5 K | ||||
| Book Value Per Share | (0.02) X | ||||
| Cash Flow From Operations | (48.63 K) | ||||
| Total Asset | 7.41 K | ||||
| Retained Earnings | (7.24 M) | ||||
About Waseco Resources Performance
Evaluating Waseco Resources' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Waseco 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 Waseco 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.
Waseco Resources Inc., an exploration stage company, engages in the acquisition and exploration of mineral properties. It also holds interests in exploration prospects located in Ontario and Quebec, Canada and a gold prospect in Indonesia, as well as holds 5 percent interest in a diamond exploration project located in the Attawapiskat region of Northern Ontario. Waseco Resources operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.Things to note about Waseco Resources performance evaluation
Checking the ongoing alerts about Waseco Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Waseco Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Waseco Resources generated a negative expected return over the last 90 days | |
| Waseco Resources has high historical volatility and very poor performance | |
| Waseco Resources has some characteristics of a very speculative penny stock | |
| Waseco Resources has high likelihood to experience some financial distress in the next 2 years | |
| Waseco Resources has accumulated 5 K in total debt. Waseco Resources has a current ratio of 0.02, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Waseco Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Waseco Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Waseco Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Waseco to invest in growth at high rates of return. When we think about Waseco Resources' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 3.08 K. Net Loss for the year was (50.84 K) with profit before overhead, payroll, taxes, and interest of 3.08 K. | |
| Waseco Resources has accumulated about 3.96 K in cash with (48.63 K) of positive cash flow from operations. |
- Analyzing Waseco 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 Waseco Resources' stock is overvalued or undervalued compared to its peers.
- Examining Waseco 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 Waseco Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Waseco Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Waseco Resources' stock. These opinions can provide insight into Waseco Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Waseco Stock Analysis
When running Waseco Resources' price analysis, check to measure Waseco 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 Waseco Resources is operating at the current time. Most of Waseco Resources' value examination focuses on studying past and present price action to predict the probability of Waseco Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waseco Resources' price. Additionally, you may evaluate how the addition of Waseco Resources to your portfolios can decrease your overall portfolio volatility.