O3 Mining Stock Performance
| OIIIF Stock | USD 0.77 0.02 2.67% |
O3 Mining has a performance score of 2 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.17, which implies not very significant fluctuations relative to the market. As returns on the market increase, O3 Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding O3 Mining is expected to be smaller as well. O3 Mining today owns a risk of 4.77%. Please check O3 Mining downside deviation, treynor ratio, expected short fall, as well as the relationship between the jensen alpha and potential upside , to decide if O3 Mining will be following its current price history.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in O3 Mining are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile forward indicators, O3 Mining may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
| Begin Period Cash Flow | 34.3 M | |
| Total Cashflows From Investing Activities | -33.6 M |
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O3 Mining Relative Risk vs. Return Landscape
If you would invest 75.00 in O3 Mining on September 2, 2024 and sell it today you would earn a total of 2.00 from holding O3 Mining or generate 2.67% return on investment over 90 days. O3 Mining is currently producing 0.1521% returns and takes up 4.7722% volatility of returns over 90 trading days. Put another way, 42% of traded otc stocks are less volatile than OIIIF, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
O3 Mining Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for O3 Mining's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as O3 Mining, and traders can use it to determine the average amount a O3 Mining'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 = 0.0319
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Estimated Market Risk
| 4.77 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average O3 Mining is performing at about 2% 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 O3 Mining by adding it to a well-diversified portfolio.
O3 Mining Fundamentals Growth
OIIIF OTC Stock prices reflect investors' perceptions of the future prospects and financial health of O3 Mining, and O3 Mining 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 OIIIF OTC Stock performance.
| Return On Equity | -0.043 | |||
| Return On Asset | -0.0358 | |||
| Current Valuation | 67.94 M | |||
| Shares Outstanding | 75.02 M | |||
| Price To Earning | 3.74 X | |||
| Price To Book | 0.52 X | |||
| EBITDA | 29.09 M | |||
| Cash And Equivalents | 29.63 M | |||
| Cash Per Share | 0.43 X | |||
| Total Debt | 2.01 M | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 3.25 X | |||
| Cash Flow From Operations | (6.09 M) | |||
| Earnings Per Share | 0.22 X | |||
| Total Asset | 261.99 M | |||
About O3 Mining Performance
By analyzing O3 Mining's fundamental ratios, stakeholders can gain valuable insights into O3 Mining's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if O3 Mining 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 O3 Mining has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
O3 Mining Inc. engages in the acquisition, exploration, and development of precious mineral deposits in Canada. It has an option to acquire a 100 percent interest in the Emgolds East-West property consisting of seven mining claims covering an area of 184 hectares situated in the Val-dOr mining camp in Qubec. O3 Mining operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about O3 Mining performance evaluation
Checking the ongoing alerts about O3 Mining for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for O3 Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| O3 Mining has some characteristics of a very speculative penny stock | |
| O3 Mining had very high historical volatility over the last 90 days | |
| O3 Mining has accumulated about 29.63 M in cash with (6.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.43. | |
| Roughly 28.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing O3 Mining'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 O3 Mining's stock is overvalued or undervalued compared to its peers.
- Examining O3 Mining'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 O3 Mining's management team can have a significant impact on its success or failure. Reviewing the track record and experience of O3 Mining's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of O3 Mining's otc stock. These opinions can provide insight into O3 Mining's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for OIIIF OTC Stock analysis
When running O3 Mining's price analysis, check to measure O3 Mining'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 O3 Mining is operating at the current time. Most of O3 Mining's value examination focuses on studying past and present price action to predict the probability of O3 Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move O3 Mining's price. Additionally, you may evaluate how the addition of O3 Mining to your portfolios can decrease your overall portfolio volatility.
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