Grid Metals Corp Stock Performance
| MSMGF Stock | USD 0.02 0 14.93% |
The company retains a Market Volatility (i.e., Beta) of -0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Grid Metals are expected to decrease at a much lower rate. During the bear market, Grid Metals is likely to outperform the market. At this point, Grid Metals Corp has a negative expected return of -0.13%. Please make sure to check out Grid Metals' treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Grid Metals Corp 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 Grid Metals Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's technical and fundamental 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 | 3 M | |
| Total Cashflows From Investing Activities | 44.8 K |
Grid |
Grid Metals Relative Risk vs. Return Landscape
If you would invest 2.97 in Grid Metals Corp on September 1, 2024 and sell it today you would lose (0.69) from holding Grid Metals Corp or give up 23.23% of portfolio value over 90 days. Grid Metals Corp is currently producing negative expected returns and takes up 7.6496% volatility of returns over 90 trading days. Put another way, 68% of traded otc stocks are less volatile than Grid, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Grid Metals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grid Metals' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Grid Metals Corp, and traders can use it to determine the average amount a Grid Metals' 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 = -0.0169
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| Negative Returns | MSMGF |
Estimated Market Risk
| 7.65 actual daily | 68 68% of assets are less volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Grid Metals 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 Grid Metals by adding Grid Metals to a well-diversified portfolio.
Grid Metals Fundamentals Growth
Grid OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Grid Metals, and Grid Metals 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 Grid OTC Stock performance.
| Return On Equity | -0.0141 | |||
| Return On Asset | -0.2 | |||
| Current Valuation | 9.87 M | |||
| Shares Outstanding | 165.31 M | |||
| Price To Earning | 14.05 X | |||
| Price To Book | 2.42 X | |||
| EBITDA | (4.36 M) | |||
| Cash And Equivalents | 6.96 M | |||
| Cash Per Share | 0.06 X | |||
| Total Debt | 60 K | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 0.07 X | |||
| Cash Flow From Operations | (3.6 M) | |||
| Earnings Per Share | 0.01 X | |||
| Total Asset | 3 M | |||
About Grid Metals Performance
By analyzing Grid Metals' fundamental ratios, stakeholders can gain valuable insights into Grid Metals' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Grid Metals 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 Grid Metals has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Grid Metals Corp. engages in exploring and developing base and precious metal mineral properties in Canada. The company was incorporated in 1997 and is headquartered in Toronto, Canada. Mustang Minerals is traded on OTC Exchange in the United States.Things to note about Grid Metals Corp performance evaluation
Checking the ongoing alerts about Grid Metals for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Grid Metals Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Grid Metals Corp generated a negative expected return over the last 90 days | |
| Grid Metals Corp has high historical volatility and very poor performance | |
| Grid Metals Corp has some characteristics of a very speculative penny stock | |
| Grid Metals Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (3.85 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Grid Metals Corp has accumulated about 6.96 M in cash with (3.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Grid Metals' 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 Grid Metals' stock is overvalued or undervalued compared to its peers.
- Examining Grid Metals' 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 Grid Metals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Grid Metals' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Grid Metals' otc stock. These opinions can provide insight into Grid Metals' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Grid OTC Stock analysis
When running Grid Metals' price analysis, check to measure Grid Metals' 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 Grid Metals is operating at the current time. Most of Grid Metals' value examination focuses on studying past and present price action to predict the probability of Grid Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grid Metals' price. Additionally, you may evaluate how the addition of Grid Metals to your portfolios can decrease your overall portfolio volatility.
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