Canstar Resources Stock Performance
| CSRNF Stock | USD 0.04 0 8.65% |
Canstar Resources holds a performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.42, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Canstar Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Canstar Resources is expected to be smaller as well. Use Canstar Resources sortino ratio, skewness, relative strength index, as well as the relationship between the potential upside and day median price , to analyze future returns on Canstar Resources.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Canstar Resources are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Canstar Resources reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 279.4 K | |
| Total Cashflows From Investing Activities | -4.1 M |
Canstar |
Canstar Resources Relative Risk vs. Return Landscape
If you would invest 2.11 in Canstar Resources on December 17, 2024 and sell it today you would earn a total of 1.66 from holding Canstar Resources or generate 78.67% return on investment over 90 days. Canstar Resources is currently producing 1.3061% returns and takes up 8.7501% volatility of returns over 90 trading days. Put another way, 78% of traded pink sheets are less volatile than Canstar, and 74% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Canstar Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Canstar Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Canstar Resources, and traders can use it to determine the average amount a Canstar 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 = 0.1493
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Estimated Market Risk
| 8.75 actual daily | 78 78% of assets are less volatile |
Expected Return
| 1.31 actual daily | 26 74% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Canstar Resources is performing at about 11% 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 Canstar Resources by adding it to a well-diversified portfolio.
Canstar Resources Fundamentals Growth
Canstar Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Canstar Resources, and Canstar 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 Canstar Pink Sheet performance.
| Return On Equity | -0.62 | |||
| Return On Asset | -0.38 | |||
| Current Valuation | 2.09 M | |||
| Shares Outstanding | 110.25 M | |||
| Price To Earning | (16.52) X | |||
| Price To Book | 0.53 X | |||
| EBITDA | (8.84 M) | |||
| Cash And Equivalents | 4.99 M | |||
| Cash Per Share | 0.05 X | |||
| Book Value Per Share | 0.12 X | |||
| Cash Flow From Operations | (1.54 M) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 13.25 M | |||
About Canstar Resources Performance
By analyzing Canstar Resources' fundamental ratios, stakeholders can gain valuable insights into Canstar Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Canstar 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 Canstar Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Canstar Resources Inc., a junior resource company, engages in the acquisition, exploration, and development of mineral properties in Canada. It also owns the Buchans-Mary March project that comprises various contiguous properties totaling approximately ,000 hectares of land located in Buchans Mine, central Newfoundland and the Daniels Harbour project, which consists of 360 claims covering an area of 9000 hectares located in coastal Western Newfoundland. Canstar Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Canstar Resources performance evaluation
Checking the ongoing alerts about Canstar Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Canstar Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Canstar Resources is way too risky over 90 days horizon | |
| Canstar Resources has some characteristics of a very speculative penny stock | |
| Canstar Resources appears to be risky and price may revert if volatility continues | |
| Canstar Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (8.86 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Canstar Resources has accumulated about 4.99 M in cash with (1.54 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 35.0% of the company shares are held by company insiders |
- Analyzing Canstar 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 Canstar Resources' stock is overvalued or undervalued compared to its peers.
- Examining Canstar 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 Canstar Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Canstar Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Canstar Resources' pink sheet. These opinions can provide insight into Canstar Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Canstar Pink Sheet analysis
When running Canstar Resources' price analysis, check to measure Canstar 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 Canstar Resources is operating at the current time. Most of Canstar Resources' value examination focuses on studying past and present price action to predict the probability of Canstar Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canstar Resources' price. Additionally, you may evaluate how the addition of Canstar Resources to your portfolios can decrease your overall portfolio volatility.
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