Waseco Resources Stock Performance
| WRI Stock | CAD 0.02 0.01 33.33% |
On a scale of 0 to 100, Waseco Resources holds a performance score of 4. The firm maintains a market beta of -5.62, 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. Please check Waseco Resources' variance, as well as the relationship between the skewness and day median price , to make a quick decision on whether Waseco Resources' historical returns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Waseco Resources are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Waseco Resources showed solid returns over the last few months and may actually be approaching a breakup point. ...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 2.00 in Waseco Resources on August 31, 2024 and sell it today you would earn a total of 0.00 from holding Waseco Resources or generate 0.0% return on investment over 90 days. Waseco Resources is currently producing 0.8065% returns and takes up 13.3017% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Waseco, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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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 = 0.0606
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Estimated Market Risk
| 13.3 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.81 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Waseco Resources is performing at about 4% 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 Waseco Resources by adding it 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 | 3.73 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 is way too risky over 90 days horizon | |
| Waseco Resources has some characteristics of a very speculative penny stock | |
| Waseco Resources appears to be risky and price may revert if volatility continues | |
| 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 3.73 K. | |
| Waseco Resources has accumulated about 3.96 K in cash with (48.63 K) of positive cash flow from operations. | |
| Latest headline from news.google.com: Closing Bell Waseco Resources Inc Flat On Friday - Barchart |
- 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.