Harfang Exploration Stock Performance
| HRFEF Stock | USD 0.06 0.00 0.00% |
On a scale of 0 to 100, Harfang Exploration holds a performance score of 6. The company retains a Market Volatility (i.e., Beta) of 3.55, which attests to 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, Harfang Exploration will likely underperform. Please check Harfang Exploration's treynor ratio, expected short fall, relative strength index, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Harfang Exploration's current trending patterns will revert.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Harfang Exploration are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile technical and fundamental indicators, Harfang Exploration reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 8.7 M | |
| Total Cashflows From Investing Activities | -356.2 K |
Harfang |
Harfang Exploration Relative Risk vs. Return Landscape
If you would invest 5.00 in Harfang Exploration on September 5, 2024 and sell it today you would earn a total of 1.00 from holding Harfang Exploration or generate 20.0% return on investment over 90 days. Harfang Exploration is currently producing 0.9934% returns and takes up 12.8433% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Harfang, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Harfang Exploration Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harfang Exploration's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Harfang Exploration, and traders can use it to determine the average amount a Harfang Exploration'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 = 0.0773
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Estimated Market Risk
| 12.84 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.99 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Harfang Exploration is performing at about 6% 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 Harfang Exploration by adding it to a well-diversified portfolio.
Harfang Exploration Fundamentals Growth
Harfang Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Harfang Exploration, and Harfang Exploration 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 Harfang Pink Sheet performance.
| Return On Equity | -0.29 | |||
| Return On Asset | -0.16 | |||
| Current Valuation | 876.05 K | |||
| Shares Outstanding | 58.06 M | |||
| Price To Book | 0.68 X | |||
| Price To Sales | 55,978 X | |||
| Revenue | 8.16 K | |||
| EBITDA | (4.39 M) | |||
| Cash And Equivalents | 9.49 M | |||
| Cash Per Share | 0.16 X | |||
| Book Value Per Share | 0.30 X | |||
| Cash Flow From Operations | (4.09 M) | |||
| Earnings Per Share | (0.04) X | |||
| Total Asset | 8.92 M | |||
About Harfang Exploration Performance
By analyzing Harfang Exploration's fundamental ratios, stakeholders can gain valuable insights into Harfang Exploration's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Harfang Exploration 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 Harfang Exploration has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Harfang Exploration Inc., an exploration and evaluation stage company, primarily acquires and explores for mineral properties in Canada. It focuses on the exploration and evaluation of its mineral properties in the James Bay area in the Province of Qubec for precious metals. Harfang Exploration is traded on OTC Exchange in the United States.Things to note about Harfang Exploration performance evaluation
Checking the ongoing alerts about Harfang Exploration for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Harfang Exploration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Harfang Exploration is way too risky over 90 days horizon | |
| Harfang Exploration has some characteristics of a very speculative penny stock | |
| Harfang Exploration appears to be risky and price may revert if volatility continues | |
| Harfang Exploration has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 8.16 K. Net Loss for the year was (3.41 M) with profit before overhead, payroll, taxes, and interest of 8.16 K. | |
| Harfang Exploration has accumulated about 9.49 M in cash with (4.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.16, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Harfang Exploration'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 Harfang Exploration's stock is overvalued or undervalued compared to its peers.
- Examining Harfang Exploration'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 Harfang Exploration's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Harfang Exploration's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Harfang Exploration's pink sheet. These opinions can provide insight into Harfang Exploration's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Harfang Pink Sheet analysis
When running Harfang Exploration's price analysis, check to measure Harfang Exploration'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 Harfang Exploration is operating at the current time. Most of Harfang Exploration's value examination focuses on studying past and present price action to predict the probability of Harfang Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harfang Exploration's price. Additionally, you may evaluate how the addition of Harfang Exploration to your portfolios can decrease your overall portfolio volatility.
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