Millrock Resources Performance
| MLRKFDelisted Stock | USD 0.43 0.03 7.50% |
The company secures a Beta (Market Risk) of -1.4, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Millrock Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Millrock Resources is expected to outperform it. Millrock Resources right now secures a risk of 0.0%. Please verify Millrock Resources sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to decide if Millrock Resources will be following its current price movements.
Risk-Adjusted Performance
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Over the last 90 days Millrock Resources has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable forward-looking signals, Millrock Resources is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 390.6 K |
Millrock |
Millrock Resources Relative Risk vs. Return Landscape
If you would invest 43.00 in Millrock Resources on September 2, 2024 and sell it today you would earn a total of 0.00 from holding Millrock Resources or generate 0.0% return on investment over 90 days. Millrock Resources is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded otc stocks are less volatile than Millrock, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Millrock Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Millrock Resources' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Millrock Resources, and traders can use it to determine the average amount a Millrock 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 = 0.0
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Based on monthly moving average Millrock 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 Millrock Resources by adding Millrock Resources to a well-diversified portfolio.
Millrock Resources Fundamentals Growth
Millrock OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Millrock Resources, and Millrock 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 Millrock OTC Stock performance.
| Return On Equity | -0.2 | |||
| Return On Asset | -0.17 | |||
| Operating Margin | (29.17) % | |||
| Current Valuation | 1.74 M | |||
| Shares Outstanding | 156.27 M | |||
| Price To Book | 0.83 X | |||
| Price To Sales | 56.30 X | |||
| Revenue | 582.04 K | |||
| EBITDA | (2.06 M) | |||
| Cash And Equivalents | 2.21 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 538.1 K | |||
| Debt To Equity | 0.11 % | |||
| Book Value Per Share | 0.04 X | |||
| Cash Flow From Operations | (1.66 M) | |||
| Total Asset | 6.81 M | |||
| Retained Earnings | (25.71 M) | |||
| Current Asset | 3.11 M | |||
| Current Liabilities | 552 K | |||
About Millrock Resources Performance
By analyzing Millrock Resources' fundamental ratios, stakeholders can gain valuable insights into Millrock Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Millrock 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 Millrock Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Millrock Resources Inc. engages in the acquisition and exploration of mineral properties. Millrock Resources Inc. was incorporated in 1979 and is headquartered in Vancouver, Canada. Millrock Res operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Millrock Resources performance evaluation
Checking the ongoing alerts about Millrock Resources for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Millrock Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Millrock Resources is not yet fully synchronised with the market data | |
| Millrock Resources has some characteristics of a very speculative penny stock | |
| Millrock Resources has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 582.04 K. Net Loss for the year was (2.14 M) with profit before overhead, payroll, taxes, and interest of 39.32 K. | |
| Millrock Resources has accumulated about 2.21 M in cash with (1.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
- Analyzing Millrock 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 Millrock Resources' stock is overvalued or undervalued compared to its peers.
- Examining Millrock 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 Millrock Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Millrock Resources' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Millrock Resources' otc stock. These opinions can provide insight into Millrock Resources' 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 otc stock could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Other Consideration for investing in Millrock OTC Stock
If you are still planning to invest in Millrock Resources 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 Millrock Resources' history and understand the potential risks before investing.
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