Mene Inc Stock Performance
| MENEF Stock | USD 0.09 0.01 6.25% |
On a scale of 0 to 100, Mene holds a performance score of 5. The company secures a Beta (Market Risk) of -1.36, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Mene are expected to decrease by larger amounts. On the other hand, during market turmoil, Mene is expected to outperform it. Please check Mene's semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to make a quick decision on whether Mene's current price movements will revert.
Risk-Adjusted Performance
Modest
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Mene Inc are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite nearly abnormal technical and fundamental indicators, Mene reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 9.1 M | |
| Total Cashflows From Investing Activities | 4 M |
Mene |
Mene Relative Risk vs. Return Landscape
If you would invest 8.00 in Mene Inc on December 17, 2024 and sell it today you would earn a total of 1.60 from holding Mene Inc or generate 20.0% return on investment over 90 days. Mene Inc is currently producing 0.6109% returns and takes up 8.0427% volatility of returns over 90 trading days. Put another way, 71% of traded pink sheets are less volatile than Mene, and 88% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Mene Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mene's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Mene Inc, and traders can use it to determine the average amount a Mene'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 = 0.076
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 8.04 actual daily | 71 71% of assets are less volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average Mene is performing at about 5% 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 Mene by adding it to a well-diversified portfolio.
Mene Fundamentals Growth
Mene Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Mene, and Mene 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 Mene Pink Sheet performance.
| Return On Equity | -0.0383 | |||
| Return On Asset | -0.0015 | |||
| Profit Margin | (0.03) % | |||
| Operating Margin | (0) % | |||
| Current Valuation | 78.86 M | |||
| Shares Outstanding | 149.37 M | |||
| Price To Book | 6.11 X | |||
| Price To Sales | 3.29 X | |||
| Revenue | 26.77 M | |||
| EBITDA | 332.79 K | |||
| Cash And Equivalents | 15.24 M | |||
| Cash Per Share | 0.06 X | |||
| Total Debt | 10.59 M | |||
| Debt To Equity | 0.62 % | |||
| Book Value Per Share | 0.07 X | |||
| Cash Flow From Operations | (1.02 M) | |||
| Earnings Per Share | (0) X | |||
| Total Asset | 29.69 M | |||
About Mene Performance
By analyzing Mene's fundamental ratios, stakeholders can gain valuable insights into Mene's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Mene 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 Mene has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Mene Inc. designs, manufactures, and markets 24 karat gold and platinum jewelry in the United States, Canada, Europe, and internationally. The company retails its jewelry products directly to consumer through its mene.com website. MENE INC operates under Luxury Goods classification in the United States and is traded on OTC Exchange.Things to note about Mene Inc performance evaluation
Checking the ongoing alerts about Mene for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Mene Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mene Inc is way too risky over 90 days horizon | |
| Mene Inc has some characteristics of a very speculative penny stock | |
| Mene Inc appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 26.77 M. Net Loss for the year was (32.64 K) with profit before overhead, payroll, taxes, and interest of 6.52 M. | |
| Mene Inc has accumulated about 15.24 M in cash with (1.02 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Roughly 58.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Mene'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 Mene's stock is overvalued or undervalued compared to its peers.
- Examining Mene'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 Mene's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mene's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mene's pink sheet. These opinions can provide insight into Mene's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Mene Pink Sheet analysis
When running Mene's price analysis, check to measure Mene'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 Mene is operating at the current time. Most of Mene's value examination focuses on studying past and present price action to predict the probability of Mene's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mene's price. Additionally, you may evaluate how the addition of Mene to your portfolios can decrease your overall portfolio volatility.
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