Midas Inc Performance
The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Midas are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Midas Inc has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable fundamental indicators, Midas is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Midas |
Midas Relative Risk vs. Return Landscape
If you would invest (100.00) in Midas Inc on September 17, 2024 and sell it today you would earn a total of 100.00 from holding Midas Inc or generate -100.0% return on investment over 90 days. Midas Inc is generating negative expected returns assuming volatility of 0.0% on return distribution over 90 days investment horizon. In other words, 0% of stocks are less volatile than Midas, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Midas Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Midas' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Midas Inc, and traders can use it to determine the average amount a Midas' 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 = 0.0
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Based on monthly moving average Midas 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 Midas by adding Midas to a well-diversified portfolio.
Midas Fundamentals Growth
Midas Stock prices reflect investors' perceptions of the future prospects and financial health of Midas, and Midas 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 Midas Stock performance.
| Return On Asset | 0.018 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 229.97 M | |||
| Shares Outstanding | 13.8 M | |||
| Price To Earning | 41.07 X | |||
| Price To Book | 10.21 X | |||
| Price To Sales | 0.90 X | |||
| Revenue | 183.6 M | |||
| EBITDA | 22.9 M | |||
| Cash And Equivalents | 200 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 103.1 M | |||
| Debt To Equity | 6.46 % | |||
| Cash Flow From Operations | (8.5 M) | |||
| Earnings Per Share | 0.28 X | |||
| Total Asset | 215.8 M | |||
| Retained Earnings | 101.6 M | |||
| Current Asset | 44.1 M | |||
| Current Liabilities | 44 M | |||
Things to note about Midas Inc performance evaluation
Checking the ongoing alerts about Midas for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Midas Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Midas Inc is not yet fully synchronised with the market data | |
| Midas Inc has some characteristics of a very speculative penny stock | |
| Midas Inc has a very high chance of going through financial distress in the upcoming years | |
| Midas Inc has about 200 K in cash with (8.5 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 34.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Midas' 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 Midas' stock is overvalued or undervalued compared to its peers.
- Examining Midas' 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 Midas' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Midas' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Midas' stock. These opinions can provide insight into Midas' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Other Consideration for investing in Midas Stock
If you are still planning to invest in Midas Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Midas' history and understand the potential risks before investing.
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