Themac Resources Group Stock Performance
| MAC Stock | CAD 0.03 0.01 37.50% |
On a scale of 0 to 100, Themac Resources holds a performance score of 2. The entity has a beta of 2.66, which indicates 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, Themac Resources will likely underperform. Please check Themac Resources' information ratio and the relationship between the skewness and price action indicator , to make a quick decision on whether Themac Resources' existing price patterns will revert.
Risk-Adjusted Performance
2 of 100
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Themac Resources Group are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unfluctuating basic indicators, Themac Resources showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:8 | Last Split Date 2003-12-22 |
| Begin Period Cash Flow | 101.5 K |
Themac |
Themac Resources Relative Risk vs. Return Landscape
If you would invest 3.00 in Themac Resources Group on August 30, 2024 and sell it today you would lose (0.50) from holding Themac Resources Group or give up 16.67% of portfolio value over 90 days. Themac Resources Group is currently producing 0.3629% returns and takes up 12.0701% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Themac, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Themac Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Themac Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Themac Resources Group, and traders can use it to determine the average amount a Themac 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 = 0.0301
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Estimated Market Risk
| 12.07 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Themac Resources is performing at about 2% 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 Themac Resources by adding it to a well-diversified portfolio.
Themac Resources Fundamentals Growth
Themac Stock prices reflect investors' perceptions of the future prospects and financial health of Themac Resources, and Themac 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 Themac Stock performance.
| Return On Asset | -0.0081 | ||||
| Current Valuation | 176.32 M | ||||
| Shares Outstanding | 79.4 M | ||||
| Price To Earning | (0.50) X | ||||
| Price To Book | 4.39 X | ||||
| EBITDA | (1.11 M) | ||||
| Net Income | (13.43 M) | ||||
| Cash And Equivalents | 58.52 K | ||||
| Total Debt | 174.68 M | ||||
| Book Value Per Share | (1.12) X | ||||
| Cash Flow From Operations | (816.28 K) | ||||
| Earnings Per Share | (0.17) X | ||||
| Total Asset | 89.47 M | ||||
| Retained Earnings | (138.44 M) | ||||
About Themac Resources Performance
Evaluating Themac Resources' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Themac 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 Themac 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.
THEMAC Resources Group Limited engages in acquiring, exploring, and developing natural resource properties in the United States. The company was incorporated in 1997 and is based in Vancouver, Canada. THEMAC RESOURCES is traded on Commodity Exchange in Exotistan.Things to note about Themac Resources performance evaluation
Checking the ongoing alerts about Themac Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Themac Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Themac Resources had very high historical volatility over the last 90 days | |
| Themac Resources has some characteristics of a very speculative penny stock | |
| Themac Resources has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (13.43 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Themac Resources Group has accumulated about 58.52 K in cash with (816.28 K) of positive cash flow from operations. | |
| Roughly 79.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Themac 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 Themac Resources' stock is overvalued or undervalued compared to its peers.
- Examining Themac 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 Themac Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Themac Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Themac Resources' stock. These opinions can provide insight into Themac Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Themac Stock Analysis
When running Themac Resources' price analysis, check to measure Themac 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 Themac Resources is operating at the current time. Most of Themac Resources' value examination focuses on studying past and present price action to predict the probability of Themac Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Themac Resources' price. Additionally, you may evaluate how the addition of Themac Resources to your portfolios can decrease your overall portfolio volatility.