Abcourt Mines Stock Performance
| ABMBF Stock | USD 0.03 0.01 25.00% |
The firm shows a Beta (market volatility) of 2.22, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Abcourt Mines will likely underperform. At this point, Abcourt Mines has a negative expected return of -0.0529%. Please make sure to confirm Abcourt Mines' treynor ratio, day median price, and the relationship between the information ratio and kurtosis , to decide if Abcourt Mines performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Abcourt Mines has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable fundamental drivers, Abcourt Mines is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 2.5 M | |
| Total Cashflows From Investing Activities | -5 M |
Abcourt |
Abcourt Mines Relative Risk vs. Return Landscape
If you would invest 4.00 in Abcourt Mines on September 14, 2024 and sell it today you would lose (1.00) from holding Abcourt Mines or give up 25.0% of portfolio value over 90 days. Abcourt Mines is currently producing negative expected returns and takes up 9.0892% volatility of returns over 90 trading days. Put another way, 80% of traded otc stocks are less volatile than Abcourt, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Abcourt Mines Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Abcourt Mines' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Abcourt Mines, and traders can use it to determine the average amount a Abcourt Mines' 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 = -0.0058
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| Negative Returns | ABMBF |
Estimated Market Risk
| 9.09 actual daily | 80 80% of assets are less volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Abcourt Mines is not performing at its full potential. However, 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 Abcourt Mines by adding Abcourt Mines to a well-diversified portfolio.
Abcourt Mines Fundamentals Growth
Abcourt OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Abcourt Mines, and Abcourt Mines 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 Abcourt OTC Stock performance.
| Return On Equity | -1.34 | |||
| Return On Asset | -0.24 | |||
| Profit Margin | (1.82) % | |||
| Operating Margin | (0.88) % | |||
| Current Valuation | 15.05 M | |||
| Shares Outstanding | 348.81 M | |||
| Price To Earning | 6.00 X | |||
| Price To Book | 2.32 X | |||
| Price To Sales | 0.91 X | |||
| Revenue | 20.39 M | |||
| EBITDA | (1.98 M) | |||
| Cash And Equivalents | 1.06 M | |||
| Total Debt | 604.24 K | |||
| Debt To Equity | 0.08 % | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | 1.08 M | |||
| Earnings Per Share | (0) X | |||
| Total Asset | 23.94 M | |||
About Abcourt Mines Performance
By analyzing Abcourt Mines' fundamental ratios, stakeholders can gain valuable insights into Abcourt Mines' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Abcourt Mines 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 Abcourt Mines has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Abcourt Mines Inc. engages in the acquisition, exploration, evaluation, and exploitation of gold mining properties in Canada. Abcourt Mines Inc. was incorporated in 1971 and is headquartered in Rouyn-Noranda, Canada. Abcourt Mines operates under Gold classification in the United States and is traded on OTC Exchange.Things to note about Abcourt Mines performance evaluation
Checking the ongoing alerts about Abcourt Mines for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Abcourt Mines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Abcourt Mines generated a negative expected return over the last 90 days | |
| Abcourt Mines has high historical volatility and very poor performance | |
| Abcourt Mines has some characteristics of a very speculative penny stock | |
| Abcourt Mines has accumulated 604.24 K in total debt with debt to equity ratio (D/E) of 0.08, which may suggest the company is not taking enough advantage from borrowing. Abcourt Mines has a current ratio of 0.52, 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 Abcourt Mines until it has trouble settling it off, either with new capital or with free cash flow. So, Abcourt Mines' 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 Abcourt Mines sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Abcourt to invest in growth at high rates of return. When we think about Abcourt Mines' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 20.39 M. Net Loss for the year was (27.9 M) with loss before overhead, payroll, taxes, and interest of (555.18 K). | |
| About 50.0% of Abcourt Mines shares are held by company insiders |
- Analyzing Abcourt Mines' 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 Abcourt Mines' stock is overvalued or undervalued compared to its peers.
- Examining Abcourt Mines' 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 Abcourt Mines' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Abcourt Mines' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Abcourt Mines' otc stock. These opinions can provide insight into Abcourt Mines' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Abcourt OTC Stock analysis
When running Abcourt Mines' price analysis, check to measure Abcourt Mines' 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 Abcourt Mines is operating at the current time. Most of Abcourt Mines' value examination focuses on studying past and present price action to predict the probability of Abcourt Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abcourt Mines' price. Additionally, you may evaluate how the addition of Abcourt Mines to your portfolios can decrease your overall portfolio volatility.
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