Rover Metals Corp Stock Buy Hold or Sell Recommendation
| ROVR Stock | CAD 0.01 0.00 0.00% |
Assuming the 90 days trading horizon and your complete indifference towards market risk, our recommendation regarding Rover Metals Corp is 'Cautious Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Rover Metals Corp given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Rover Metals Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Rover Metals Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Rover and provide practical buy, sell, or hold advice based on investors' constraints. Rover Metals Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Rover |
Execute Rover Metals Buy or Sell Advice
The Rover recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Rover Metals Corp. Macroaxis does not own or have any residual interests in Rover Metals Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Rover Metals' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Moves completely opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Rover Metals Trading Alerts and Improvement Suggestions
| Rover Metals Corp generated a negative expected return over the last 90 days | |
| Rover Metals Corp has high historical volatility and very poor performance | |
| Rover Metals Corp has some characteristics of a very speculative penny stock | |
| Rover Metals Corp has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (1.94 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Rover Metals Corp has accumulated about 335.39 K in cash with (961.71 K) of positive cash flow from operations. | |
| Roughly 31.0% of the company outstanding shares are owned by corporate insiders |
Rover Metals Returns Distribution Density
The distribution of Rover Metals' historical returns is an attempt to chart the uncertainty of Rover Metals' future price movements. The chart of the probability distribution of Rover Metals daily returns describes the distribution of returns around its average expected value. We use Rover Metals Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Rover Metals returns is essential to provide solid investment advice for Rover Metals.
| Mean Return | 0.38 | Value At Risk | -25 | Potential Upside | 33.33 | Standard Deviation | 14.43 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Rover Metals historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Rover Metals Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (423.6K) | 330.5K | 310.1K | (546.5K) | 104.4K | 109.7K | |
| Free Cash Flow | (762.2K) | (957.0K) | (3.6M) | (1.9M) | (961.7K) | (1.0M) | |
| Net Income | (778.9K) | (811.4K) | (1.7M) | (1.5M) | (1.9M) | (1.8M) | |
| End Period Cash Flow | 2.2K | 332.7K | 642.8K | 96.2K | 200.7K | 249.7K | |
| Other Non Cash Items | (8.7K) | 128.3K | 211.0K | 267.0K | 307.0K | 218.8K | |
| Investments | (62.6K) | (637.4K) | (1.9M) | (1.1M) | (78.0K) | (81.9K) |
Rover Metals Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Rover Metals or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Rover Metals' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Rover stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.44 | |
β | Beta against Dow Jones | -3.18 | |
σ | Overall volatility | 14.05 | |
Ir | Information ratio | 0.02 |
Rover Metals Volatility Alert
Rover Metals Corp is showing large volatility of returns over the selected time horizon. Rover Metals Corp is a penny stock. Although Rover Metals may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Rover Metals Corp. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Rover instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Rover Metals Fundamentals Vs Peers
Comparing Rover Metals' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Rover Metals' direct or indirect competition across all of the common fundamentals between Rover Metals and the related equities. This way, we can detect undervalued stocks with similar characteristics as Rover Metals or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Rover Metals' fundamental indicators could also be used in its relative valuation, which is a method of valuing Rover Metals by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Rover Metals to competition |
| Fundamentals | Rover Metals | Peer Average |
| Return On Equity | -0.31 | -0.31 |
| Return On Asset | -0.13 | -0.14 |
| Current Valuation | 800.45 K | 16.62 B |
| Shares Outstanding | 71.49 M | 571.82 M |
| Shares Owned By Insiders | 31.12 % | 10.09 % |
| Number Of Shares Shorted | 74 | 4.71 M |
| Price To Book | 0.16 X | 9.51 X |
| EBITDA | (488.17 K) | 3.9 B |
| Net Income | (1.94 M) | 570.98 M |
| Cash And Equivalents | 335.39 K | 2.7 B |
| Total Debt | 635.24 K | 5.32 B |
| Debt To Equity | 0.01 % | 48.70 % |
| Current Ratio | 1.53 X | 2.16 X |
| Book Value Per Share | 0.09 X | 1.93 K |
| Cash Flow From Operations | (961.71 K) | 971.22 M |
| Earnings Per Share | (0.03) X | 3.12 X |
| Target Price | 0.62 | |
| Beta | 1.15 | -0.15 |
| Market Capitalization | 714.85 K | 19.03 B |
| Total Asset | 5.11 M | 29.47 B |
| Retained Earnings | (7.3 M) | 9.33 B |
| Working Capital | (292.06 K) | 1.48 B |
| Net Asset | 5.11 M |
Rover Metals Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Rover . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Rover Metals Buy or Sell Advice
When is the right time to buy or sell Rover Metals Corp? Buying financial instruments such as Rover Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Rover Metals in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Junk Bonds Funds Thematic Idea Now
Junk Bonds Funds
Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues. The Junk Bonds Funds theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Junk Bonds Funds Theme or any other thematic opportunities.
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Additional Tools for Rover Stock Analysis
When running Rover Metals' price analysis, check to measure Rover Metals' 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 Rover Metals is operating at the current time. Most of Rover Metals' value examination focuses on studying past and present price action to predict the probability of Rover Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rover Metals' price. Additionally, you may evaluate how the addition of Rover Metals to your portfolios can decrease your overall portfolio volatility.