Mcchip Resources Stock Analysis

McChip Pink Sheet Analysis Notes

About 51.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.55. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. McChip Resources last dividend was issued on the 24th of January 2023. McChip Resources Inc. operates in the natural resource industry in Canada. McChip Resources Inc. was incorporated in 1935 and is based in Toronto, Canada. Mcchip Resources is traded on OTC Exchange in the United States.The quote for McChip Resources is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about McChip Resources contact the company at 416 364 2173.

McChip Resources Investment Alerts

McChip Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.17 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate McChip Resources's market, we take the total number of its shares issued and multiply it by McChip Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

McChip Profitablity

The company has Profit Margin (PM) of 0.58 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.55 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.55.

Technical Drivers

As of the 29th of November, McChip Resources owns the Market Risk Adjusted Performance of 0.5836, mean deviation of 0.2984, and Coefficient Of Variation of (812.40). Relative to fundamental indicators, the technical analysis model lets you check available technical drivers of McChip Resources, as well as the relationship between them. Please verify McChip Resources mean deviation, variance, as well as the relationship between the Variance and maximum drawdown to decide if McChip Resources is priced adequately, providing market reflects its prevailing price of 0.45 per share. As McChip Resources is a penny stock we also strongly advise to check its information ratio numbers.

McChip Resources Price Movement Analysis

McChip Resources Predictive Daily Indicators

McChip Resources Forecast Models

McChip Resources' time-series forecasting models are one of many McChip Resources' pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary McChip Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how McChip Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling McChip shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as McChip Resources. By using and applying McChip Pink Sheet analysis, traders can create a robust methodology for identifying McChip entry and exit points for their positions.

When running McChip Resources' price analysis, check to measure McChip 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 McChip Resources is operating at the current time. Most of McChip Resources' value examination focuses on studying past and present price action to predict the probability of McChip Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McChip Resources' price. Additionally, you may evaluate how the addition of McChip Resources to your portfolios can decrease your overall portfolio volatility.