True North (Australia) Performance
| TNC Stock | 0.03 0.00 0.00% |
The entity has a beta of 0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, True North's returns are expected to increase less than the market. However, during the bear market, the loss of holding True North is expected to be smaller as well. At this point, True North Copper has a negative expected return of -0.26%. Please make sure to validate True North's standard deviation, information ratio, and the relationship between the coefficient of variation and variance , to decide if True North Copper 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 True North Copper 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 fundamental 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
Last Split Factor 1:100 | Last Split Date 2024-12-30 |
1 | True North Copper raises 32.7m to advance copper projects in Queensland - Yahoo Finance | 11/26/2024 |
| Begin Period Cash Flow | 53.4 K | |
| Total Cashflows From Investing Activities | -38.2 M |
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True North Relative Risk vs. Return Landscape
If you would invest 3.60 in True North Copper on September 27, 2024 and sell it today you would lose (0.60) from holding True North Copper or give up 16.67% of portfolio value over 90 days. True North Copper is producing return of less than zero assuming 2.297% volatility of returns over the 90 days investment horizon. Simply put, 20% of all stocks have less volatile historical return distribution than True North, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
True North Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for True North's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as True North Copper, and traders can use it to determine the average amount a True North's 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 = -0.1125
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| Negative Returns | TNC |
Estimated Market Risk
| 2.3 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average True North 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 True North by adding True North to a well-diversified portfolio.
True North Fundamentals Growth
True Stock prices reflect investors' perceptions of the future prospects and financial health of True North, and True North 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 True Stock performance.
| Return On Equity | -0.67 | ||||
| Return On Asset | -0.13 | ||||
| Operating Margin | (3.62) % | ||||
| Current Valuation | 41.2 M | ||||
| Shares Outstanding | 1.54 B | ||||
| Price To Book | 1.01 X | ||||
| Price To Sales | 19.33 X | ||||
| Revenue | 1.5 M | ||||
| Gross Profit | 754.13 K | ||||
| EBITDA | (18.48 M) | ||||
| Net Income | (34.05 M) | ||||
| Total Debt | 45.74 M | ||||
| Book Value Per Share | 0.04 X | ||||
| Cash Flow From Operations | (5.3 M) | ||||
| Earnings Per Share | (0.05) X | ||||
| Total Asset | 75.3 M | ||||
| Retained Earnings | (37.76 M) | ||||
About True North Performance
Assessing True North's fundamental ratios provides investors with valuable insights into True North's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the True North 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.
True North is entity of Australia. It is traded as Stock on AU exchange.Things to note about True North Copper performance evaluation
Checking the ongoing alerts about True North for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for True North Copper help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| True North Copper generated a negative expected return over the last 90 days | |
| True North Copper has some characteristics of a very speculative penny stock | |
| True North Copper has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 1.5 M. Net Loss for the year was (34.05 M) with profit before overhead, payroll, taxes, and interest of 754.13 K. | |
| True North generates negative cash flow from operations | |
| About 35.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing True North's 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 True North's stock is overvalued or undervalued compared to its peers.
- Examining True North's 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 True North's management team can have a significant impact on its success or failure. Reviewing the track record and experience of True North's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of True North's stock. These opinions can provide insight into True North's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for True Stock Analysis
When running True North's price analysis, check to measure True North's 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 True North is operating at the current time. Most of True North's value examination focuses on studying past and present price action to predict the probability of True North's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move True North's price. Additionally, you may evaluate how the addition of True North to your portfolios can decrease your overall portfolio volatility.