Mirasol Resources Stock Performance
| MRZLF Stock | USD 0.31 0.01 3.33% |
The company secures a Beta (Market Risk) of 0.21, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mirasol Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Mirasol Resources is expected to be smaller as well. At this point, Mirasol Resources has a negative expected return of -0.075%. Please make sure to verify Mirasol Resources' value at risk and the relationship between the skewness and relative strength index , to decide if Mirasol 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 Mirasol Resources has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable essential indicators, Mirasol 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 | 10 M | |
| Total Cashflows From Investing Activities | 479.4 K |
Mirasol |
Mirasol Resources Relative Risk vs. Return Landscape
If you would invest 36.00 in Mirasol Resources on September 1, 2024 and sell it today you would lose (5.00) from holding Mirasol Resources or give up 13.89% of portfolio value over 90 days. Mirasol Resources is currently producing negative expected returns and takes up 5.8206% volatility of returns over 90 trading days. Put another way, 51% of traded pink sheets are less volatile than Mirasol, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Mirasol Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mirasol Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Mirasol Resources, and traders can use it to determine the average amount a Mirasol 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 = -0.0129
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| Negative Returns | MRZLF |
Estimated Market Risk
| 5.82 actual daily | 51 51% of assets are less volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mirasol 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 Mirasol Resources by adding Mirasol Resources to a well-diversified portfolio.
Mirasol Resources Fundamentals Growth
Mirasol Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Mirasol Resources, and Mirasol 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 Mirasol Pink Sheet performance.
| Return On Equity | -0.58 | |||
| Return On Asset | -0.32 | |||
| Operating Margin | (13.52) % | |||
| Current Valuation | 22.23 M | |||
| Shares Outstanding | 59.12 M | |||
| Price To Earning | (10.17) X | |||
| Price To Book | 5.12 X | |||
| Price To Sales | 75.48 X | |||
| EBITDA | (4.95 M) | |||
| Cash And Equivalents | 6.42 M | |||
| Cash Per Share | 0.12 X | |||
| Total Debt | 197.19 K | |||
| Debt To Equity | 0.03 % | |||
| Book Value Per Share | 0.13 X | |||
| Cash Flow From Operations | (5.05 M) | |||
| Earnings Per Share | (0.08) X | |||
| Total Asset | 8.47 M | |||
About Mirasol Resources Performance
By analyzing Mirasol Resources' fundamental ratios, stakeholders can gain valuable insights into Mirasol Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Mirasol 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 Mirasol Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Mirasol Resources Ltd. engages in the acquisition and exploration of mineral properties primarily in Chile and Argentina. The company was founded in 2003 and is headquartered in Vancouver, Canada. Mirasol Resources operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Mirasol Resources performance evaluation
Checking the ongoing alerts about Mirasol Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Mirasol Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mirasol Resources generated a negative expected return over the last 90 days | |
| Mirasol Resources has high historical volatility and very poor performance | |
| Mirasol Resources has some characteristics of a very speculative penny stock | |
| Mirasol Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (5.08 M) with profit before overhead, payroll, taxes, and interest of 496.7 K. | |
| Mirasol Resources has accumulated about 6.42 M in cash with (5.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12. | |
| Roughly 51.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Mirasol 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 Mirasol Resources' stock is overvalued or undervalued compared to its peers.
- Examining Mirasol 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 Mirasol Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mirasol Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mirasol Resources' pink sheet. These opinions can provide insight into Mirasol Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Mirasol Pink Sheet analysis
When running Mirasol Resources' price analysis, check to measure Mirasol 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 Mirasol Resources is operating at the current time. Most of Mirasol Resources' value examination focuses on studying past and present price action to predict the probability of Mirasol Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mirasol Resources' price. Additionally, you may evaluate how the addition of Mirasol Resources to your portfolios can decrease your overall portfolio volatility.
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