Decade Resources Stock Performance
| DEC Stock | CAD 0.04 0.01 12.50% |
The firm shows a Beta (market volatility) of 1.67, which means 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, Decade Resources will likely underperform. At this point, Decade Resources has a negative expected return of -0.25%. Please make sure to confirm Decade Resources' potential upside, day typical price, and the relationship between the total risk alpha and daily balance of power , to decide if Decade Resources 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 Decade Resources has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in January 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
Last Split Factor 1:5 | Last Split Date 2022-07-12 |
1 | Decade Resources Closes Private Placement for Total Gross Proceeds of 1,040,000 - StockTitan | 10/01/2024 |
2 | Decade Resources Ltd. announced that it expects to receive CAD 0.91 million in funding - Marketscreener.com | 11/20/2024 |
| Begin Period Cash Flow | 245.9 K |
Decade |
Decade Resources Relative Risk vs. Return Landscape
If you would invest 5.00 in Decade Resources on September 5, 2024 and sell it today you would lose (1.50) from holding Decade Resources or give up 30.0% of portfolio value over 90 days. Decade Resources is currently producing negative expected returns and takes up 7.9261% volatility of returns over 90 trading days. Put another way, 70% of traded stocks are less volatile than Decade, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Decade Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Decade Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Decade Resources, and traders can use it to determine the average amount a Decade 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 = -0.0312
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| Negative Returns | DEC |
Estimated Market Risk
| 7.93 actual daily | 70 70% of assets are less volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Decade Resources 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 Decade Resources by adding Decade Resources to a well-diversified portfolio.
Decade Resources Fundamentals Growth
Decade Stock prices reflect investors' perceptions of the future prospects and financial health of Decade Resources, and Decade 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 Decade Stock performance.
| Return On Equity | -0.14 | ||||
| Return On Asset | -0.0504 | ||||
| Current Valuation | 4.34 M | ||||
| Shares Outstanding | 128.13 M | ||||
| Price To Earning | 0.66 X | ||||
| Price To Book | 0.29 X | ||||
| Gross Profit | (1.7 K) | ||||
| EBITDA | (928.71 K) | ||||
| Net Income | (2.01 M) | ||||
| Cash And Equivalents | 2.14 K | ||||
| Total Debt | 1.7 M | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 0.09 X | ||||
| Book Value Per Share | 0.17 X | ||||
| Cash Flow From Operations | (904.06 K) | ||||
| Earnings Per Share | (0.02) X | ||||
| Market Capitalization | 4.48 M | ||||
| Total Asset | 17.29 M | ||||
| Retained Earnings | (20.59 M) | ||||
| Working Capital | 317.19 K | ||||
About Decade Resources Performance
Evaluating Decade Resources' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Decade 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 Decade 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 | -102.3 K | -97.2 K | |
| Return On Tangible Assets | (0.12) | (0.12) | |
| Return On Capital Employed | (0.05) | (0.06) | |
| Return On Assets | (0.12) | (0.12) | |
| Return On Equity | (0.13) | (0.14) |
Things to note about Decade Resources performance evaluation
Checking the ongoing alerts about Decade Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Decade Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Decade Resources generated a negative expected return over the last 90 days | |
| Decade Resources has high historical volatility and very poor performance | |
| Decade Resources has some characteristics of a very speculative penny stock | |
| Decade Resources has high likelihood to experience some financial distress in the next 2 years | |
| Decade Resources has accumulated 1.7 M in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Decade Resources has a current ratio of 0.09, 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 Decade Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Decade Resources' 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 Decade Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Decade to invest in growth at high rates of return. When we think about Decade Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.01 M) with loss before overhead, payroll, taxes, and interest of (1.7 K). | |
| Decade Resources has accumulated about 2.14 K in cash with (904.06 K) of positive cash flow from operations. | |
| Roughly 30.0% of Decade Resources shares are held by company insiders | |
| Latest headline from news.google.com: Decade Resources Ltd. announced that it expects to receive CAD 0.91 million in funding - Marketscreener.com |
- Analyzing Decade 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 Decade Resources' stock is overvalued or undervalued compared to its peers.
- Examining Decade 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 Decade Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Decade Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Decade Resources' stock. These opinions can provide insight into Decade Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Decade Stock Analysis
When running Decade Resources' price analysis, check to measure Decade 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 Decade Resources is operating at the current time. Most of Decade Resources' value examination focuses on studying past and present price action to predict the probability of Decade Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Decade Resources' price. Additionally, you may evaluate how the addition of Decade Resources to your portfolios can decrease your overall portfolio volatility.