Firestone Ventures Stock Performance
| FSVEF Stock | USD 0.03 0.00 0.00% |
On a scale of 0 to 100, Firestone Ventures holds a performance score of 9. The firm shows a Beta (market volatility) of 0.0963, which means not very significant fluctuations relative to the market. As returns on the market increase, Firestone Ventures' returns are expected to increase less than the market. However, during the bear market, the loss of holding Firestone Ventures is expected to be smaller as well. Please check Firestone Ventures' jensen alpha and rate of daily change , to make a quick decision on whether Firestone Ventures' price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Firestone Ventures are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile technical and fundamental indicators, Firestone Ventures reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 10.3 K | |
| Total Cashflows From Investing Activities | 628.6 K |
Firestone |
Firestone Ventures Relative Risk vs. Return Landscape
If you would invest 1.69 in Firestone Ventures on December 18, 2024 and sell it today you would earn a total of 0.81 from holding Firestone Ventures or generate 47.93% return on investment over 90 days. Firestone Ventures is currently producing 0.7608% returns and takes up 6.0385% volatility of returns over 90 trading days. Put another way, 53% of traded pink sheets are less volatile than Firestone, and 85% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Firestone Ventures Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Firestone Ventures' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Firestone Ventures, and traders can use it to determine the average amount a Firestone Ventures' 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 = 0.126
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Estimated Market Risk
| 6.04 actual daily | 53 53% of assets are less volatile |
Expected Return
| 0.76 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Firestone Ventures is performing at about 9% 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 Firestone Ventures by adding it to a well-diversified portfolio.
Firestone Ventures Fundamentals Growth
Firestone Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Firestone Ventures, and Firestone Ventures 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 Firestone Pink Sheet performance.
| Return On Asset | -0.57 | |||
| Current Valuation | 2.11 M | |||
| Shares Outstanding | 56.32 M | |||
| Price To Book | 6.87 X | |||
| EBITDA | (252.48 K) | |||
| Cash And Equivalents | 624.33 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 639.82 K | |||
| Debt To Equity | 365.40 % | |||
| Book Value Per Share | (0) X | |||
| Cash Flow From Operations | (223.92 K) | |||
| Total Asset | 647.27 K | |||
About Firestone Ventures Performance
By analyzing Firestone Ventures' fundamental ratios, stakeholders can gain valuable insights into Firestone Ventures' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Firestone Ventures 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 Firestone Ventures has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Firestone Ventures Inc., a junior exploration mineral company, engages in the identification, evaluation, acquisition, and exploration of mineral properties. Firestone Ventures Inc. was incorporated in 1987 and is based in Toronto, Canada. Firestone Ventures operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Firestone Ventures performance evaluation
Checking the ongoing alerts about Firestone Ventures for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Firestone Ventures help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Firestone Ventures is way too risky over 90 days horizon | |
| Firestone Ventures has some characteristics of a very speculative penny stock | |
| Firestone Ventures appears to be risky and price may revert if volatility continues | |
| Firestone Ventures has high likelihood to experience some financial distress in the next 2 years | |
| Firestone Ventures has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Firestone Ventures has accumulated 639.82 K in total debt with debt to equity ratio (D/E) of 365.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Firestone Ventures has a current ratio of 0.85, 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 Firestone Ventures until it has trouble settling it off, either with new capital or with free cash flow. So, Firestone Ventures' 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 Firestone Ventures sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Firestone to invest in growth at high rates of return. When we think about Firestone Ventures' use of debt, we should always consider it together with cash and equity. | |
| Firestone Ventures has accumulated about 624.33 K in cash with (223.92 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 31.0% of Firestone Ventures shares are held by company insiders |
- Analyzing Firestone Ventures' 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 Firestone Ventures' stock is overvalued or undervalued compared to its peers.
- Examining Firestone Ventures' 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 Firestone Ventures' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Firestone Ventures' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Firestone Ventures' pink sheet. These opinions can provide insight into Firestone Ventures' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Firestone Pink Sheet analysis
When running Firestone Ventures' price analysis, check to measure Firestone Ventures' 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 Firestone Ventures is operating at the current time. Most of Firestone Ventures' value examination focuses on studying past and present price action to predict the probability of Firestone Ventures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Firestone Ventures' price. Additionally, you may evaluate how the addition of Firestone Ventures to your portfolios can decrease your overall portfolio volatility.
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