Group Eleven Resources Stock Performance
| ZNG Stock | CAD 0.17 0.00 0.00% |
The company retains a Market Volatility (i.e., Beta) of -0.71, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Group Eleven are expected to decrease at a much lower rate. During the bear market, Group Eleven is likely to outperform the market. At this point, Group Eleven Resources has a negative expected return of -0.19%. Please make sure to check out Group Eleven's maximum drawdown and kurtosis , to decide if Group Eleven Resources performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Group Eleven Resources has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Stock's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the venture sophisticated investors. ...more
1 | Group Eleven Welcomes Strategic Investor Michael Gentile - TipRanks | 11/04/2024 |
2 | Is Group Eleven Resources In A Good Position To Deliver On Growth Plans - Yahoo Finance | 11/20/2024 |
| Begin Period Cash Flow | 1.1 M |
Group |
Group Eleven Relative Risk vs. Return Landscape
If you would invest 20.00 in Group Eleven Resources on September 30, 2024 and sell it today you would lose (3.00) from holding Group Eleven Resources or give up 15.0% of portfolio value over 90 days. Group Eleven Resources is currently producing negative expected returns and takes up 3.5887% volatility of returns over 90 trading days. Put another way, 31% of traded stocks are less volatile than Group, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Group Eleven Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Group Eleven's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Group Eleven Resources, and traders can use it to determine the average amount a Group Eleven'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 = -0.0543
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ZNG |
Estimated Market Risk
| 3.59 actual daily | 31 69% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Group Eleven 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 Group Eleven by adding Group Eleven to a well-diversified portfolio.
Group Eleven Fundamentals Growth
Group Stock prices reflect investors' perceptions of the future prospects and financial health of Group Eleven, and Group Eleven 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 Group Stock performance.
| Return On Equity | -0.23 | ||||
| Return On Asset | -0.15 | ||||
| Current Valuation | 35.26 M | ||||
| Shares Outstanding | 212.96 M | ||||
| Price To Book | 4.81 X | ||||
| EBITDA | (2.66 M) | ||||
| Net Income | (2.49 M) | ||||
| Cash And Equivalents | 919.3 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 896.11 K | ||||
| Current Ratio | 3.82 X | ||||
| Book Value Per Share | 0.04 X | ||||
| Cash Flow From Operations | (2.13 M) | ||||
| Earnings Per Share | (0.02) X | ||||
| Market Capitalization | 36.2 M | ||||
| Total Asset | 12.34 M | ||||
| Retained Earnings | (17.58 M) | ||||
| Working Capital | 2.53 M | ||||
About Group Eleven Performance
Evaluating Group Eleven's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Group Eleven 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 Group Eleven 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.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.06 | 0.06 | |
| Return On Tangible Assets | (0.20) | (0.21) | |
| Return On Capital Employed | (0.23) | (0.21) | |
| Return On Assets | (0.20) | (0.21) | |
| Return On Equity | (0.29) | (0.30) |
Things to note about Group Eleven Resources performance evaluation
Checking the ongoing alerts about Group Eleven for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Group Eleven Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Group Eleven generated a negative expected return over the last 90 days | |
| Group Eleven has some characteristics of a very speculative penny stock | |
| Group Eleven has high historical volatility and very poor performance | |
| Net Loss for the year was (2.49 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Group Eleven Resources has accumulated about 919.3 K in cash with (2.13 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 35.0% of the company outstanding shares are owned by insiders |
- Analyzing Group Eleven'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 Group Eleven's stock is overvalued or undervalued compared to its peers.
- Examining Group Eleven'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 Group Eleven's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Group Eleven's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Group Eleven's stock. These opinions can provide insight into Group Eleven's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Group Stock Analysis
When running Group Eleven's price analysis, check to measure Group Eleven'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 Group Eleven is operating at the current time. Most of Group Eleven's value examination focuses on studying past and present price action to predict the probability of Group Eleven's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Group Eleven's price. Additionally, you may evaluate how the addition of Group Eleven to your portfolios can decrease your overall portfolio volatility.