Surge Battery Metals Stock Performance
| NILIF Stock | USD 0.24 0.01 4.00% |
The entity has a beta of 1.41, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Surge Battery will likely underperform. At this point, Surge Battery Metals has a negative expected return of -0.49%. Please make sure to validate Surge Battery's kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if Surge Battery Metals 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 Surge Battery Metals has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's forward indicators remain nearly stable which may send shares a bit higher in February 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 6626.00 | |
| Total Cashflows From Investing Activities | 414.4 K |
Surge |
Surge Battery Relative Risk vs. Return Landscape
If you would invest 34.00 in Surge Battery Metals on October 22, 2024 and sell it today you would lose (10.00) from holding Surge Battery Metals or give up 29.41% of portfolio value over 90 days. Surge Battery Metals is currently producing negative expected returns and takes up 4.0583% volatility of returns over 90 trading days. Put another way, 36% of traded pink sheets are less volatile than Surge, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Surge Battery Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Surge Battery's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Surge Battery Metals, and traders can use it to determine the average amount a Surge Battery'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 = -0.1207
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| Negative Returns | NILIF |
Estimated Market Risk
| 4.06 actual daily | 36 64% of assets are more volatile |
Expected Return
| -0.49 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Surge Battery 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 Surge Battery by adding Surge Battery to a well-diversified portfolio.
Surge Battery Fundamentals Growth
Surge Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Surge Battery, and Surge Battery 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 Surge Pink Sheet performance.
| Return On Equity | -0.39 | |||
| Return On Asset | -0.23 | |||
| Current Valuation | 22.11 M | |||
| Shares Outstanding | 98.21 M | |||
| Price To Book | 6.46 X | |||
| EBITDA | (2.82 M) | |||
| Cash And Equivalents | 2.83 M | |||
| Cash Per Share | 0.03 X | |||
| Book Value Per Share | 0.05 X | |||
| Cash Flow From Operations | (2.04 M) | |||
| Earnings Per Share | (0.03) X | |||
| Total Asset | 6.07 M | |||
About Surge Battery Performance
By analyzing Surge Battery's fundamental ratios, stakeholders can gain valuable insights into Surge Battery's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Surge Battery 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 Surge Battery has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Surge Battery Metals Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in North America. Surge Battery Metals Inc. was incorporated in 1987 and is headquartered in Vancouver, Canada. Surge Battery operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Surge Battery Metals performance evaluation
Checking the ongoing alerts about Surge Battery for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Surge Battery Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Surge Battery Metals generated a negative expected return over the last 90 days | |
| Surge Battery Metals has some characteristics of a very speculative penny stock | |
| Surge Battery Metals has high historical volatility and very poor performance | |
| Surge Battery Metals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.15 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Surge Battery Metals has accumulated about 2.83 M in cash with (2.04 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. |
- Analyzing Surge Battery'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 Surge Battery's stock is overvalued or undervalued compared to its peers.
- Examining Surge Battery'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 Surge Battery's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Surge Battery's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Surge Battery's pink sheet. These opinions can provide insight into Surge Battery's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Surge Pink Sheet analysis
When running Surge Battery's price analysis, check to measure Surge Battery'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 Surge Battery is operating at the current time. Most of Surge Battery's value examination focuses on studying past and present price action to predict the probability of Surge Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Surge Battery's price. Additionally, you may evaluate how the addition of Surge Battery to your portfolios can decrease your overall portfolio volatility.
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