Clean Air Metals Stock Analysis

AIR Stock   0.05  0.01  9.09%   
Clean Air Metals is overvalued with Real Value of 0.048 and Hype Value of 0.05. The main objective of Clean Air stock analysis is to determine its intrinsic value, which is an estimate of what Clean Air Metals is worth, separate from its market price. There are two main types of Clean Air's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Clean Air's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Clean Air's stock to identify patterns and trends that may indicate its future price movements.
The Clean Air stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Clean Air is usually not traded on Canada Day, Civic Holiday, Labour Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Clean Stock trading window is adjusted to America/Toronto timezone.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clean Air Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Clean Stock Analysis Notes

About 15.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.38. Some equities with similar Price to Book (P/B) outperform the market in the long run. Clean Air Metals recorded a loss per share of 0.02. The entity last dividend was issued on the 25th of August 2016. For more info on Clean Air Metals please contact the company at 778 888 4101 or go to https://www.cleanairmetals.ca.

Clean Air Metals Investment Alerts

Clean Air Metals generated a negative expected return over the last 90 days
Clean Air Metals has high historical volatility and very poor performance
Clean Air Metals has some characteristics of a very speculative penny stock
Clean Air Metals has a very high chance of going through financial distress in the upcoming years
Clean Air Metals has accumulated 3.48 M in total debt. Clean Air Metals has a current ratio of 0.14, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Clean Air until it has trouble settling it off, either with new capital or with free cash flow. So, Clean Air's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Clean Air Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Clean to invest in growth at high rates of return. When we think about Clean Air's use of debt, we should always consider it together with cash and equity.
Net Loss for the year was (3.53 M) with loss before overhead, payroll, taxes, and interest of (10.98 K).
About 15.0% of the company shares are held by company insiders
Latest headline from news.google.com: 3 TSX Penny Stocks With Market Caps Over CA10M - Yahoo Finance

Clean Largest EPS Surprises

Earnings surprises can significantly impact Clean Air's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-06-28
2022-04-30-0.03-0.010.0266 
2022-01-31
2022-01-31-0.03-0.010.0266 
2021-09-22
2021-07-31-0.03-0.00480.025284 
View All Earnings Estimates

Clean Air Thematic Classifications

In addition to having Clean Air stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Air Idea
Air
Air services and air delivery

Clean Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 12.77 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Clean Air's market, we take the total number of its shares issued and multiply it by Clean Air's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Clean Profitablity

Clean Air's profitability indicators refer to fundamental financial ratios that showcase Clean Air's ability to generate income relative to its revenue or operating costs. If, let's say, Clean Air is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Clean Air's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Clean Air's profitability requires more research than a typical breakdown of Clean Air's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.09)(0.09)
Return On Capital Employed(0.08)(0.07)
Return On Assets(0.09)(0.09)
Return On Equity(0.10)(0.09)

Management Efficiency

Clean Air Metals has return on total asset (ROA) of (0.0498) % which means that it has lost $0.0498 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1102) %, meaning that it generated substantial loss on money invested by shareholders. Clean Air's management efficiency ratios could be used to measure how well Clean Air manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.09 in 2024. Return On Capital Employed is likely to climb to -0.07 in 2024. Net Tangible Assets is likely to climb to about 46.9 M in 2024, whereas Total Current Assets are likely to drop slightly above 4.2 M in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 0.16  0.17 
Tangible Book Value Per Share 0.16  0.17 
Enterprise Value Over EBITDA(2.71)(2.85)
Price Book Value Ratio 0.38  0.36 
Enterprise Value Multiple(2.71)(2.85)
Price Fair Value 0.38  0.36 
Enterprise Value7.5 M13.1 M
Leadership effectiveness at Clean Air Metals is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta
1.28
Return On Assets
(0.05)
Return On Equity
(0.11)

Technical Drivers

As of the 11th of December 2024, Clean Air shows the mean deviation of 7.42, and Risk Adjusted Performance of 0.0774. Clean Air Metals technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Clean Air Metals coefficient of variation and the relationship between the jensen alpha and skewness to decide if Clean Air Metals is priced correctly, providing market reflects its regular price of 0.05 per share.

Clean Air Metals Price Movement Analysis

Execute Study
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Clean Air middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Clean Air Metals. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Clean Air Outstanding Bonds

Clean Air issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Clean Air Metals uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Clean bonds can be classified according to their maturity, which is the date when Clean Air Metals has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Clean Air Predictive Daily Indicators

Clean Air intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Clean Air stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Clean Air Forecast Models

Clean Air's time-series forecasting models are one of many Clean Air's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Clean Air's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Clean Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Clean Air prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Clean shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Clean Air. By using and applying Clean Stock analysis, traders can create a robust methodology for identifying Clean entry and exit points for their positions.
Last ReportedProjected for Next Year

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Clean Air to your portfolios without increasing risk or reducing expected return.

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Additional Tools for Clean Stock Analysis

When running Clean Air's price analysis, check to measure Clean Air'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 Clean Air is operating at the current time. Most of Clean Air's value examination focuses on studying past and present price action to predict the probability of Clean Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clean Air's price. Additionally, you may evaluate how the addition of Clean Air to your portfolios can decrease your overall portfolio volatility.