Aben Resources Stock Performance
| ABNAF Stock | USD 0.05 0 6.90% |
On a scale of 0 to 100, Aben Resources holds a performance score of 4. The firm shows a Beta (market volatility) of 0.61, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Aben Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Aben Resources is expected to be smaller as well. Please check Aben Resources' treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to make a quick decision on whether Aben Resources' price patterns will revert.
Risk-Adjusted Performance
4 of 100
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Aben Resources are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Aben Resources reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 704.8 K |
Aben |
Aben Resources Relative Risk vs. Return Landscape
If you would invest 4.99 in Aben Resources on October 26, 2024 and sell it today you would earn a total of 0.41 from holding Aben Resources or generate 8.22% return on investment over 90 days. Aben Resources is currently producing 0.4234% returns and takes up 7.8335% volatility of returns over 90 trading days. Put another way, 69% of traded pink sheets are less volatile than Aben, and 92% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Aben Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aben Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Aben Resources, and traders can use it to determine the average amount a Aben 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 = 0.0541
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Estimated Market Risk
| 7.83 actual daily | 69 69% of assets are less volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Aben Resources is performing at about 4% of its full potential. 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 Aben Resources by adding it to a well-diversified portfolio.
Aben Resources Fundamentals Growth
Aben Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Aben Resources, and Aben 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 Aben Pink Sheet performance.
| Return On Equity | -0.042 | |||
| Return On Asset | -0.0257 | |||
| Current Valuation | 2.36 M | |||
| Shares Outstanding | 137.05 M | |||
| Price To Earning | (7.72) X | |||
| Price To Book | 0.27 X | |||
| EBITDA | (789.75 K) | |||
| Cash And Equivalents | 220.91 K | |||
| Book Value Per Share | 0.10 X | |||
| Cash Flow From Operations | (695.22 K) | |||
| Earnings Per Share | (0) X | |||
| Total Asset | 14.29 M | |||
About Aben Resources Performance
By analyzing Aben Resources' fundamental ratios, stakeholders can gain valuable insights into Aben Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Aben 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 Aben Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Aben Resources Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties primarily in British Columbia, Saskatchewan, and Yukon, Canada. Aben Resources Ltd. was incorporated in 1960 and is headquartered in Vancouver, Canada. Aben Resources operates under Gold classification in the United States and is traded on OTC Exchange.Things to note about Aben Resources performance evaluation
Checking the ongoing alerts about Aben Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Aben Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Aben Resources had very high historical volatility over the last 90 days | |
| Aben Resources has some characteristics of a very speculative penny stock | |
| Aben Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (606.36 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Aben Resources has accumulated about 220.91 K in cash with (695.22 K) of positive cash flow from operations. |
- Analyzing Aben 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 Aben Resources' stock is overvalued or undervalued compared to its peers.
- Examining Aben 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 Aben Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Aben Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Aben Resources' pink sheet. These opinions can provide insight into Aben Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Aben Pink Sheet analysis
When running Aben Resources' price analysis, check to measure Aben 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 Aben Resources is operating at the current time. Most of Aben Resources' value examination focuses on studying past and present price action to predict the probability of Aben Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aben Resources' price. Additionally, you may evaluate how the addition of Aben Resources to your portfolios can decrease your overall portfolio volatility.
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