Clean Air Metals Stock Performance
| AIR Stock | 0.05 0.01 9.09% |
The firm shows a Beta (market volatility) of -0.58, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Clean Air are expected to decrease at a much lower rate. During the bear market, Clean Air is likely to outperform the market. At this point, Clean Air Metals has a negative expected return of -0.14%. Please make sure to confirm Clean Air's potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to decide if Clean Air Metals performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Clean Air Metals has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Stock's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the venture sophisticated investors. ...more
Dividend Date 2016-08-25 |
1 | Clean Air Metals Reports Solid Mid-Year Finances - TipRanks | 09/30/2024 |
2 | Discover 3 TSX Penny Stocks With Market Caps Over CA10M - Simply Wall St | 10/24/2024 |
3 | 3 TSX Penny Stocks With Market Caps Over CA10M - Yahoo Finance | 12/04/2024 |
| Begin Period Cash Flow | 6.9 M |
Clean |
Clean Air Relative Risk vs. Return Landscape
If you would invest 6.50 in Clean Air Metals on September 12, 2024 and sell it today you would lose (1.50) from holding Clean Air Metals or give up 23.08% of portfolio value over 90 days. Clean Air Metals is currently producing negative expected returns and takes up 7.4856% volatility of returns over 90 trading days. Put another way, 66% of traded stocks are less volatile than Clean, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Clean Air Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clean Air's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Clean Air Metals, and traders can use it to determine the average amount a Clean Air'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 = -0.0182
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AIR |
Estimated Market Risk
| 7.49 actual daily | 66 66% of assets are less volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Clean Air 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 Clean Air by adding Clean Air to a well-diversified portfolio.
Clean Air Fundamentals Growth
Clean Stock prices reflect investors' perceptions of the future prospects and financial health of Clean Air, and Clean Air 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 Clean Stock performance.
| Return On Equity | -0.11 | |||
| Return On Asset | -0.0498 | |||
| Current Valuation | 8.58 M | |||
| Shares Outstanding | 232.14 M | |||
| Price To Book | 0.38 X | |||
| Gross Profit | (10.98 K) | |||
| EBITDA | (3.1 M) | |||
| Net Income | (3.53 M) | |||
| Cash And Equivalents | 24.02 K | |||
| Total Debt | 3.48 M | |||
| Current Ratio | 0.14 X | |||
| Book Value Per Share | 0.14 X | |||
| Cash Flow From Operations | 1.57 M | |||
| Earnings Per Share | (0.02) X | |||
| Market Capitalization | 12.77 M | |||
| Total Asset | 39.21 M | |||
| Retained Earnings | (87.09 M) | |||
| Working Capital | 3.2 M | |||
About Clean Air Performance
Evaluating Clean Air's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Clean Air 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 Clean Air 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 | ||
| Return On Tangible Assets | (0.09) | (0.09) | |
| Return On Capital Employed | (0.08) | (0.07) | |
| Return On Assets | (0.09) | (0.09) | |
| Return On Equity | (0.10) | (0.09) |
Things to note about Clean Air Metals performance evaluation
Checking the ongoing alerts about Clean Air for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Clean Air Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Clean Air Metals generated a negative expected return over the last 90 days | |
| Clean Air Metals has high historical volatility and very poor performance | |
| Clean Air Metals has some characteristics of a very speculative penny stock | |
| Clean Air Metals has a very high chance of going through financial distress in the upcoming years | |
| Clean Air Metals has accumulated 3.48 M in total debt. Clean Air Metals has a current ratio of 0.14, 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 Clean Air until it has trouble settling it off, either with new capital or with free cash flow. So, Clean Air's 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 Clean Air Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Clean to invest in growth at high rates of return. When we think about Clean Air's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (3.53 M) with loss before overhead, payroll, taxes, and interest of (10.98 K). | |
| About 15.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: 3 TSX Penny Stocks With Market Caps Over CA10M - Yahoo Finance |
- Analyzing Clean Air'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 Clean Air's stock is overvalued or undervalued compared to its peers.
- Examining Clean Air'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 Clean Air's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Clean Air's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Clean Air's stock. These opinions can provide insight into Clean Air's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Clean Stock Analysis
When running Clean Air's price analysis, check to measure Clean Air'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 Clean Air is operating at the current time. Most of Clean Air's value examination focuses on studying past and present price action to predict the probability of Clean Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clean Air's price. Additionally, you may evaluate how the addition of Clean Air to your portfolios can decrease your overall portfolio volatility.