Decade Resources Stock Analysis

Decade Stock Analysis Notes

About 30.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.29. Some equities with similar Price to Book (P/B) outperform the market in the long run. Decade Resources recorded a loss per share of 0.02. The entity had not issued any dividends in recent years. The firm had 1:5 split on the 12th of July 2022. Decade Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company was incorporated in 2006 and is headquartered in Stewart, Canada. DECADE RESOURCES is traded on Commodity Exchange in Exotistan. To learn more about Decade Resources call Edward Kruchkowski at 250 636 2264 or check out https://decaderesources.ca.

Decade Resources Investment Alerts

Decade Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.48 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Decade Resources's market, we take the total number of its shares issued and multiply it by Decade Resources'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.

Decade Profitablity

Management Efficiency

Decade Resources has return on total asset (ROA) of (0.0504) % which means that it has lost $0.0504 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1394) %, meaning that it generated substantial loss on money invested by shareholders. Decade Resources' management efficiency ratios could be used to measure how well Decade Resources manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.12 in 2024. Return On Capital Employed is likely to drop to -0.06 in 2024. At this time, Decade Resources' Total Current Assets are fairly stable compared to the past year. Non Currrent Assets Other is likely to climb to about 297.7 K in 2024, whereas Non Current Assets Total are likely to drop slightly above 10.3 M in 2024.

Technical Drivers

As of the 4th of December, Decade Resources shows the Coefficient Of Variation of (3,253), mean deviation of 3.16, and Standard Deviation of 7.8. Decade Resources technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Decade Resources standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if Decade Resources is priced favorably, providing market reflects its regular price of 0.035 per share.

Decade Resources Price Movement Analysis

Decade Resources Outstanding Bonds

Decade Resources Predictive Daily Indicators

Decade Resources Forecast Models

Decade Resources' time-series forecasting models are one of many Decade Resources' 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 Decade Resources' 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.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Decade Resources 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 Decade 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 Decade Resources. By using and applying Decade Stock analysis, traders can create a robust methodology for identifying Decade entry and exit points for their positions.

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