Itech Minerals (Australia) Performance
| ITM Stock | 0.05 0 1.89% |
The company retains a Market Volatility (i.e., Beta) of 0.59, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Itech Minerals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Itech Minerals is expected to be smaller as well. At this point, Itech Minerals has a negative expected return of -0.37%. Please make sure to check out Itech Minerals' variance, jensen alpha, and the relationship between the standard deviation and information ratio , to decide if Itech Minerals 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 Itech Minerals has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's primary indicators remain comparatively stable which may send shares a bit higher in January 2025. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
1 | iTech Minerals and SQM Collaborate on Lithium Project - TipRanks | 11/21/2024 |
| Begin Period Cash Flow | 6.8 M |
Itech |
Itech Minerals Relative Risk vs. Return Landscape
If you would invest 6.90 in Itech Minerals on September 15, 2024 and sell it today you would lose (1.70) from holding Itech Minerals or give up 24.64% of portfolio value over 90 days. Itech Minerals is producing return of less than zero assuming 3.5531% volatility of returns over the 90 days investment horizon. Simply put, 31% of all stocks have less volatile historical return distribution than Itech Minerals, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Itech Minerals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Itech Minerals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Itech Minerals, and traders can use it to determine the average amount a Itech Minerals' 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 = -0.1049
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Estimated Market Risk
| 3.55 actual daily | 31 69% of assets are more volatile |
Expected Return
| -0.37 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Itech Minerals 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 Itech Minerals by adding Itech Minerals to a well-diversified portfolio.
Itech Minerals Fundamentals Growth
Itech Stock prices reflect investors' perceptions of the future prospects and financial health of Itech Minerals, and Itech Minerals 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 Itech Stock performance.
| Return On Equity | -0.0584 | ||||
| Return On Asset | -0.0309 | ||||
| Current Valuation | 7.27 M | ||||
| Shares Outstanding | 170.74 M | ||||
| Price To Book | 0.44 X | ||||
| Price To Sales | 260.08 X | ||||
| Revenue | (30 K) | ||||
| Gross Profit | 39.46 K | ||||
| EBITDA | (918.43 K) | ||||
| Net Income | (1.21 M) | ||||
| Total Debt | 114.2 K | ||||
| Book Value Per Share | 0.17 X | ||||
| Cash Flow From Operations | (501.73 K) | ||||
| Earnings Per Share | (0.01) X | ||||
| Total Asset | 20.83 M | ||||
| Retained Earnings | (3.2 M) | ||||
About Itech Minerals Performance
Assessing Itech Minerals' fundamental ratios provides investors with valuable insights into Itech Minerals' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Itech Minerals is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Itech Minerals is entity of Australia. It is traded as Stock on AU exchange.Things to note about Itech Minerals performance evaluation
Checking the ongoing alerts about Itech Minerals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Itech Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Itech Minerals generated a negative expected return over the last 90 days | |
| Itech Minerals has some characteristics of a very speculative penny stock | |
| Itech Minerals has high historical volatility and very poor performance | |
| Net Loss for the year was (1.21 M) with profit before overhead, payroll, taxes, and interest of 39.46 K. | |
| Itech Minerals generates negative cash flow from operations | |
| About 12.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: iTech Minerals and SQM Collaborate on Lithium Project - TipRanks |
- Analyzing Itech Minerals' 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 Itech Minerals' stock is overvalued or undervalued compared to its peers.
- Examining Itech Minerals' 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 Itech Minerals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Itech Minerals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Itech Minerals' stock. These opinions can provide insight into Itech Minerals' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Itech Stock Analysis
When running Itech Minerals' price analysis, check to measure Itech Minerals' 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 Itech Minerals is operating at the current time. Most of Itech Minerals' value examination focuses on studying past and present price action to predict the probability of Itech Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Itech Minerals' price. Additionally, you may evaluate how the addition of Itech Minerals to your portfolios can decrease your overall portfolio volatility.