Black Iron Stock Performance
| BKI Stock | CAD 0.09 0.01 12.50% |
Black Iron holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 3.4, 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, Black Iron will likely underperform. Use Black Iron sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to analyze future returns on Black Iron.
Risk-Adjusted Performance
9 of 100
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OK
Compared to the overall equity markets, risk-adjusted returns on investments in Black Iron are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of very abnormal forward indicators, Black Iron displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 2.3 M |
Black |
Black Iron Relative Risk vs. Return Landscape
If you would invest 5.00 in Black Iron on September 2, 2024 and sell it today you would earn a total of 4.00 from holding Black Iron or generate 80.0% return on investment over 90 days. Black Iron is generating 2.0616% of daily returns assuming 17.041% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than Black on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Black Iron Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Black Iron's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Black Iron, and traders can use it to determine the average amount a Black Iron'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 = 0.121
| Best Portfolio | Best Equity | |||
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| Average Returns | BKI | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 17.04 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.06 actual daily | 41 59% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Black Iron is performing at about 9% 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 Black Iron by adding it to a well-diversified portfolio.
Black Iron Fundamentals Growth
Black Stock prices reflect investors' perceptions of the future prospects and financial health of Black Iron, and Black Iron 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 Black Stock performance.
| Return On Equity | -8.35 | ||||
| Return On Asset | -1.05 | ||||
| Current Valuation | 25.51 M | ||||
| Shares Outstanding | 304.13 M | ||||
| Price To Earning | (5.56) X | ||||
| Price To Book | 58.26 X | ||||
| EBITDA | (1.5 M) | ||||
| Net Income | (1.58 M) | ||||
| Cash And Equivalents | 1.59 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 1.32 M | ||||
| Current Ratio | 3.88 X | ||||
| Book Value Per Share | (0) X | ||||
| Cash Flow From Operations | (1.22 M) | ||||
| Earnings Per Share | (0.01) X | ||||
| Market Capitalization | 25.85 M | ||||
| Total Asset | 1.17 M | ||||
| Retained Earnings | (86.5 M) | ||||
| Working Capital | (155.5 K) | ||||
About Black Iron Performance
By examining Black Iron's fundamental ratios, stakeholders can obtain critical insights into Black Iron's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Black Iron is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (1.35) | (1.42) | |
| Return On Capital Employed | 9.79 | 10.28 | |
| Return On Assets | (1.35) | (1.42) | |
| Return On Equity | 10.27 | 10.78 |
Things to note about Black Iron performance evaluation
Checking the ongoing alerts about Black Iron for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Black Iron help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Black Iron is way too risky over 90 days horizon | |
| Black Iron has some characteristics of a very speculative penny stock | |
| Black Iron appears to be risky and price may revert if volatility continues | |
| Black Iron has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.58 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Black Iron has accumulated about 1.59 M in cash with (1.22 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
- Analyzing Black Iron'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 Black Iron's stock is overvalued or undervalued compared to its peers.
- Examining Black Iron'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 Black Iron's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Black Iron's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Black Iron's stock. These opinions can provide insight into Black Iron's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Black Stock
Black Iron financial ratios help investors to determine whether Black Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Black with respect to the benefits of owning Black Iron security.