Scottie Resources Corp Stock Buy Hold or Sell Recommendation
| SCOT Stock | CAD 0.99 0.03 3.13% |
Assuming the 90 days trading horizon and complete risk avoidance on your part, our recommendation regarding Scottie Resources Corp is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Scottie Resources Corp given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Scottie Resources Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Scottie Resources 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 Scottie and provide practical buy, sell, or hold advice based on investors' constraints. Scottie Resources 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 estimate.
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Execute Scottie Resources Buy or Sell Advice
The Scottie recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Scottie Resources Corp. Macroaxis does not own or have any residual interests in Scottie Resources Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Scottie Resources' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Abnormally volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Scottie Resources Trading Alerts and Improvement Suggestions
| Scottie Resources had very high historical volatility over the last 90 days | |
| Scottie Resources has some characteristics of a very speculative penny stock | |
| Scottie Resources Corp has accumulated 2.6 M in total debt. Scottie Resources Corp has a current ratio of 0.33, 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 Scottie Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Scottie 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 Scottie Resources Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Scottie to invest in growth at high rates of return. When we think about Scottie Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (19.07 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Scottie Resources Corp has accumulated about 49.43 K in cash with (11 M) of positive cash flow from operations. | |
| Roughly 22.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Scottie Resources Hits High-Grade Gold 8.30 gt Over 9.70m at Historic Mine SCTSF Stock News - StockTitan |
Scottie Resources Returns Distribution Density
The distribution of Scottie Resources' historical returns is an attempt to chart the uncertainty of Scottie Resources' future price movements. The chart of the probability distribution of Scottie Resources daily returns describes the distribution of returns around its average expected value. We use Scottie Resources Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Scottie Resources returns is essential to provide solid investment advice for Scottie Resources.
| Mean Return | 0.02 | Value At Risk | -6.06 | Potential Upside | 6.25 | Standard Deviation | 5.77 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Scottie Resources 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.
Scottie Resources Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 4.6M | 2.5M | (3.7M) | (2.1M) | (1.9M) | (1.8M) | |
| Free Cash Flow | (6.3M) | (6.8M) | (8.1M) | (11.1M) | (10.0M) | (9.5M) | |
| Capital Expenditures | 1.1M | 800.3K | 1.7M | 125.0K | 143.7K | 136.5K | |
| Net Income | (3.9M) | (6.4M) | (9.5M) | (19.1M) | (17.2M) | (16.3M) | |
| End Period Cash Flow | 4.7M | 7.3M | 3.5M | 1.5M | 1.7M | 1.6M | |
| Other Non Cash Items | (294.5K) | (351.9K) | (1.0M) | (1.5M) | (1.4M) | (1.3M) | |
| Change To Netincome | 331.4K | 573.5K | 112.1K | (761.1K) | (685.0K) | (650.8K) | |
| Investments | (1.0M) | 2.0M | (1.8M) | (105.0K) | (120.7K) | (126.7K) |
Scottie Resources 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 Scottie Resources 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 Scottie Resources' 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 Scottie 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 | -0.13 | |
β | Beta against Dow Jones | 1.34 | |
σ | Overall volatility | 5.83 | |
Ir | Information ratio | -0.02 |
Scottie Resources Volatility Alert
Scottie Resources Corp shows above-average downside volatility for the selected time horizon. Scottie Resources Corp is a potential penny stock. Although Scottie Resources may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Scottie Resources Corp. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Scottie 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.Scottie Resources Fundamentals Vs Peers
Comparing Scottie Resources' 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 Scottie Resources' direct or indirect competition across all of the common fundamentals between Scottie Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as Scottie Resources or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Scottie Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing Scottie Resources by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Scottie Resources to competition |
| Fundamentals | Scottie Resources | Peer Average |
| Return On Equity | -0.97 | -0.31 |
| Return On Asset | -0.7 | -0.14 |
| Current Valuation | 38.27 M | 16.62 B |
| Shares Outstanding | 49.97 M | 571.82 M |
| Shares Owned By Insiders | 22.11 % | 10.09 % |
| Shares Owned By Institutions | 2.69 % | 39.21 % |
| Number Of Shares Shorted | 4 K | 4.71 M |
| Price To Book | 4.04 X | 9.51 X |
| EBITDA | (1.96 M) | 3.9 B |
| Net Income | (19.07 M) | 570.98 M |
| Cash And Equivalents | 49.43 K | 2.7 B |
| Total Debt | 2.6 M | 5.32 B |
| Current Ratio | 0.34 X | 2.16 X |
| Book Value Per Share | 0.04 X | 1.93 K |
| Cash Flow From Operations | (11 M) | 971.22 M |
| Short Ratio | 0.13 X | 4.00 X |
| Earnings Per Share | (0.38) X | 3.12 X |
| Target Price | 1.8 | |
| Beta | 1.28 | -0.15 |
| Market Capitalization | 296.82 M | 19.03 B |
| Total Asset | 9.54 M | 29.47 B |
| Retained Earnings | (44.88 M) | 9.33 B |
| Working Capital | 103.09 K | 1.48 B |
| Net Asset | 9.54 M |
Scottie Resources Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Scottie . 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.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 0.99 | |||
| Day Typical Price | 0.99 | |||
| Price Action Indicator | 0.015 | |||
| Period Momentum Indicator | 0.03 | |||
| Relative Strength Index | 26.04 |
About Scottie Resources Buy or Sell Advice
When is the right time to buy or sell Scottie Resources Corp? Buying financial instruments such as Scottie 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 Scottie Resources 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 Adviser Favorites Thematic Idea Now
Adviser Favorites
Financial advisors frequently recommend that individuals diversify their investment portfolios with a mix of different types of stocks. These can include blue-chip stocks, growth stocks, and dividend stocks. The Adviser Favorites theme has 17 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 Adviser Favorites Theme or any other thematic opportunities.
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Additional Tools for Scottie Stock Analysis
When running Scottie Resources' price analysis, check to measure Scottie 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 Scottie Resources is operating at the current time. Most of Scottie Resources' value examination focuses on studying past and present price action to predict the probability of Scottie Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scottie Resources' price. Additionally, you may evaluate how the addition of Scottie Resources to your portfolios can decrease your overall portfolio volatility.