Ardea Resources Limited Stock Performance
| ARRRF Stock | USD 0.22 0.01 4.76% |
The firm shows a Beta (market volatility) of -0.0342, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ardea Resources are expected to decrease at a much lower rate. During the bear market, Ardea Resources is likely to outperform the market. At this point, Ardea Resources has a negative expected return of -0.19%. Please make sure to confirm Ardea Resources' information ratio and the relationship between the maximum drawdown and price action indicator , to decide if Ardea Resources performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Ardea Resources Limited has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's basic indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
| Begin Period Cash Flow | 5.7 M | |
| Total Cashflows From Investing Activities | -7.3 M |
Ardea |
Ardea Resources Relative Risk vs. Return Landscape
If you would invest 27.00 in Ardea Resources Limited on August 31, 2024 and sell it today you would lose (5.00) from holding Ardea Resources Limited or give up 18.52% of portfolio value over 90 days. Ardea Resources Limited is currently producing negative expected returns and takes up 5.1968% volatility of returns over 90 trading days. Put another way, 46% of traded pink sheets are less volatile than Ardea, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Ardea Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ardea Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Ardea Resources Limited, and traders can use it to determine the average amount a Ardea 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 = -0.0366
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| Negative Returns | ARRRF |
Estimated Market Risk
| 5.2 actual daily | 46 54% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ardea Resources 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 Ardea Resources by adding Ardea Resources to a well-diversified portfolio.
Ardea Resources Fundamentals Growth
Ardea Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Ardea Resources, and Ardea 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 Ardea Pink Sheet performance.
| Return On Equity | -0.13 | |||
| Return On Asset | -0.0301 | |||
| Operating Margin | (93.76) % | |||
| Current Valuation | 81.99 M | |||
| Shares Outstanding | 171.5 M | |||
| Price To Book | 3.11 X | |||
| Price To Sales | 4,538 X | |||
| Revenue | 22.24 K | |||
| EBITDA | (2.05 M) | |||
| Cash And Equivalents | 22.02 M | |||
| Cash Per Share | 0.13 X | |||
| Total Debt | 280.29 K | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 0.29 X | |||
| Cash Flow From Operations | (2.07 M) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 50.6 M | |||
About Ardea Resources Performance
By analyzing Ardea Resources' fundamental ratios, stakeholders can gain valuable insights into Ardea Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ardea 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 Ardea Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Ardea Resources Limited engages in the evaluation, exploration, and development of mineral properties in Australia. Ardea Resources Limited was incorporated in 2016 and is based in West Perth, Australia. Ardea Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Ardea Resources performance evaluation
Checking the ongoing alerts about Ardea Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Ardea Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ardea Resources generated a negative expected return over the last 90 days | |
| Ardea Resources has high historical volatility and very poor performance | |
| Ardea Resources has some characteristics of a very speculative penny stock | |
| Ardea Resources has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 22.24 K. Net Loss for the year was (5.33 M) with profit before overhead, payroll, taxes, and interest of 22.24 K. | |
| Ardea Resources Limited has accumulated about 22.02 M in cash with (2.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13. | |
| Roughly 24.0% of the company shares are held by company insiders |
- Analyzing Ardea 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 Ardea Resources' stock is overvalued or undervalued compared to its peers.
- Examining Ardea 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 Ardea Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ardea Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ardea Resources' pink sheet. These opinions can provide insight into Ardea Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Ardea Pink Sheet analysis
When running Ardea Resources' price analysis, check to measure Ardea 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 Ardea Resources is operating at the current time. Most of Ardea Resources' value examination focuses on studying past and present price action to predict the probability of Ardea Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ardea Resources' price. Additionally, you may evaluate how the addition of Ardea Resources to your portfolios can decrease your overall portfolio volatility.
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