Maritime Resources Corp Stock Performance
| MAE Stock | CAD 0.06 0.01 8.33% |
On a scale of 0 to 100, Maritime Resources holds a performance score of 11. The company secures a Beta (Market Risk) of -0.35, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Maritime Resources are expected to decrease at a much lower rate. During the bear market, Maritime Resources is likely to outperform the market. Please check Maritime Resources' maximum drawdown and the relationship between the semi variance and price action indicator , to make a quick decision on whether Maritime Resources' current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Maritime Resources Corp are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Maritime Resources showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Homerun Resources Signs Strategic LOI with Veracel for Exclusive Maritime Terminal Access HMRFF Stock News - StockTitan | 11/12/2024 |
| Begin Period Cash Flow | 2.7 M |
Maritime |
Maritime Resources Relative Risk vs. Return Landscape
If you would invest 3.50 in Maritime Resources Corp on September 3, 2024 and sell it today you would earn a total of 2.00 from holding Maritime Resources Corp or generate 57.14% return on investment over 90 days. Maritime Resources Corp is currently producing 0.8743% returns and takes up 5.8486% volatility of returns over 90 trading days. Put another way, 52% of traded stocks are less volatile than Maritime, and 83% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Maritime Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Maritime Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Maritime Resources Corp, and traders can use it to determine the average amount a Maritime Resources' 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 = 0.1495
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Estimated Market Risk
| 5.85 actual daily | 52 52% of assets are less volatile |
Expected Return
| 0.87 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Maritime Resources is performing at about 11% of its full potential. 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 Maritime Resources by adding it to a well-diversified portfolio.
Maritime Resources Fundamentals Growth
Maritime Stock prices reflect investors' perceptions of the future prospects and financial health of Maritime Resources, and Maritime Resources 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 Maritime Stock performance.
| Return On Equity | -0.14 | ||||
| Return On Asset | -0.0435 | ||||
| Current Valuation | 44.52 M | ||||
| Shares Outstanding | 831.01 M | ||||
| Price To Earning | (3.67) X | ||||
| Price To Book | 1.03 X | ||||
| EBITDA | (2.64 M) | ||||
| Net Income | (2.54 M) | ||||
| Cash And Equivalents | 978.56 K | ||||
| Total Debt | 5.64 M | ||||
| Debt To Equity | 0.90 % | ||||
| Current Ratio | 2.47 X | ||||
| Book Value Per Share | 0.07 X | ||||
| Cash Flow From Operations | (2.58 M) | ||||
| Earnings Per Share | (0.02) X | ||||
| Market Capitalization | 45.71 M | ||||
| Total Asset | 52.93 M | ||||
| Retained Earnings | (15.72 M) | ||||
| Working Capital | 1.57 M | ||||
About Maritime Resources Performance
Evaluating Maritime Resources' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Maritime Resources 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 Maritime Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 383.59 | 340.97 | |
| Return On Tangible Assets | (0.05) | (0.05) | |
| Return On Capital Employed | (0.04) | (0.04) | |
| Return On Assets | (0.05) | (0.05) | |
| Return On Equity | (0.07) | (0.07) |
Things to note about Maritime Resources Corp performance evaluation
Checking the ongoing alerts about Maritime Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Maritime Resources Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Maritime Resources is way too risky over 90 days horizon | |
| Maritime Resources has some characteristics of a very speculative penny stock | |
| Maritime Resources appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (2.54 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Maritime Resources Corp has accumulated about 978.56 K in cash with (2.58 M) of positive cash flow from operations. | |
| Roughly 44.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Homerun Resources Signs Strategic LOI with Veracel for Exclusive Maritime Terminal Access HMRFF Stock News - StockTitan |
- Analyzing Maritime Resources' 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 Maritime Resources' stock is overvalued or undervalued compared to its peers.
- Examining Maritime Resources' 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 Maritime Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Maritime Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Maritime Resources' stock. These opinions can provide insight into Maritime Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Maritime Stock Analysis
When running Maritime Resources' price analysis, check to measure Maritime 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 Maritime Resources is operating at the current time. Most of Maritime Resources' value examination focuses on studying past and present price action to predict the probability of Maritime Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Maritime Resources' price. Additionally, you may evaluate how the addition of Maritime Resources to your portfolios can decrease your overall portfolio volatility.