Decade Resources Financials
| DECXF Stock | USD 0.03 0.00 0.00% |
Decade |
Understanding current and past Decade Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Decade Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Decade Resources' assets may result in an increase in income on the income statement.
Decade Resources Stock Summary
Decade Resources competes with Azimut Exploration, and GoldHaven Resources. Decade Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company was incorporated in 2006 and is headquartered in Stewart, Canada. Decade Resources is traded on OTC Exchange in the United States.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 611 - 8th |
| Sector | Basic Materials |
| Industry | Other Industrial Metals & Mining |
| Benchmark | Dow Jones Industrial |
| Website | decaderesources.ca |
| Phone | 604 377 7969 |
| Currency | USD - US Dollar |
Decade Resources Key Financial Ratios
There are many critical financial ratios that Decade Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Decade Resources reports annually and quarterly.| Return On Equity | -0.0487 | |||
| Return On Asset | -0.0185 | |||
| Beta | 2.13 | |||
| Z Score | 59.4 |
Decade Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Decade Resources's current stock value. Our valuation model uses many indicators to compare Decade Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Decade Resources competition to find correlations between indicators driving Decade Resources's intrinsic value. More Info.Decade Resources is one of the top stocks in return on equity category among its peers. It is rated # 4 in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Decade Resources' earnings, one of the primary drivers of an investment's value.Decade Resources Systematic Risk
Decade Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Decade Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Decade Resources correlated with the market. If Beta is less than 0 Decade Resources generally moves in the opposite direction as compared to the market. If Decade Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Decade Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Decade Resources is generally in the same direction as the market. If Beta > 1 Decade Resources moves generally in the same direction as, but more than the movement of the benchmark.
Decade Resources December 4, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Decade Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Decade Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Decade Resources based on widely used predictive technical indicators. In general, we focus on analyzing Decade Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Decade Resources's daily price indicators and compare them against related drivers.
| Downside Deviation | 19.98 | |||
| Information Ratio | 0.0093 | |||
| Maximum Drawdown | 85.58 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 18.29 |
Complementary Tools for Decade Pink Sheet analysis
When running Decade Resources' price analysis, check to measure Decade 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 Decade Resources is operating at the current time. Most of Decade Resources' value examination focuses on studying past and present price action to predict the probability of Decade Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Decade Resources' price. Additionally, you may evaluate how the addition of Decade Resources to your portfolios can decrease your overall portfolio volatility.
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