Adex Mining Stock Performance
| ADXDF Stock | USD 0.01 0.00 0.00% |
Adex Mining holds a performance score of 6 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.6, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Adex Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Adex Mining is expected to be smaller as well. Use Adex Mining standard deviation and the relationship between the treynor ratio and day typical price , to analyze future returns on Adex Mining.
Risk-Adjusted Performance
Modest
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Adex Mining are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile fundamental indicators, Adex Mining reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 38.8 K | |
| Total Cashflows From Investing Activities | -302.00 |
Adex |
Adex Mining Relative Risk vs. Return Landscape
If you would invest 0.99 in Adex Mining on December 17, 2024 and sell it today you would lose (0.29) from holding Adex Mining or give up 29.29% of portfolio value over 90 days. Adex Mining is currently producing 3.6867% returns and takes up 46.0498% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Adex, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Adex Mining Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Adex Mining's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Adex Mining, and traders can use it to determine the average amount a Adex Mining'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 = 0.0801
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| Good Returns | ADXDF | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 46.05 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.69 actual daily | 73 73% of assets have lower returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Adex Mining is performing at about 6% 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 Adex Mining by adding it to a well-diversified portfolio.
Adex Mining Fundamentals Growth
Adex Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Adex Mining, and Adex Mining 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 Adex Pink Sheet performance.
| Return On Asset | -0.24 | |||
| Current Valuation | 5.76 M | |||
| Shares Outstanding | 677.21 M | |||
| Price To Earning | (0.16) X | |||
| EBITDA | (638.75 K) | |||
| Cash And Equivalents | 44.16 K | |||
| Total Debt | 3.8 M | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (642.65 K) | |||
| Earnings Per Share | (0) X | |||
| Total Asset | 1.82 M | |||
About Adex Mining Performance
By analyzing Adex Mining's fundamental ratios, stakeholders can gain valuable insights into Adex Mining's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Adex Mining 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 Adex Mining has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Adex Mining Inc. engages in the exploration and development of mineral properties in Canada. Adex Mining Inc. is a subsidiary of Great Harvest Canadian Investment Company Limited. Adex Mining operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Adex Mining performance evaluation
Checking the ongoing alerts about Adex Mining for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Adex Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Adex Mining is way too risky over 90 days horizon | |
| Adex Mining has some characteristics of a very speculative penny stock | |
| Adex Mining appears to be risky and price may revert if volatility continues | |
| Adex Mining has high likelihood to experience some financial distress in the next 2 years | |
| Adex Mining has accumulated 3.8 M in total debt. Adex Mining has a current ratio of 0.74, 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 Adex Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Adex Mining'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 Adex Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Adex to invest in growth at high rates of return. When we think about Adex Mining's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (947.05 K) with loss before overhead, payroll, taxes, and interest of (353.74 K). | |
| Adex Mining has accumulated about 44.16 K in cash with (642.65 K) of positive cash flow from operations. | |
| Roughly 82.0% of the company shares are held by company insiders |
- Analyzing Adex Mining'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 Adex Mining's stock is overvalued or undervalued compared to its peers.
- Examining Adex Mining'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 Adex Mining's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Adex Mining's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Adex Mining's pink sheet. These opinions can provide insight into Adex Mining's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Adex Pink Sheet analysis
When running Adex Mining's price analysis, check to measure Adex Mining'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 Adex Mining is operating at the current time. Most of Adex Mining's value examination focuses on studying past and present price action to predict the probability of Adex Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adex Mining's price. Additionally, you may evaluate how the addition of Adex Mining to your portfolios can decrease your overall portfolio volatility.
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