Sherritt International Stock Performance
| SHERF Stock | USD 0.10 0.00 0.00% |
The entity has a beta of 0.73, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sherritt International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sherritt International is expected to be smaller as well. At this point, Sherritt International has a negative expected return of -0.15%. Please make sure to validate Sherritt International's jensen alpha, as well as the relationship between the kurtosis and relative strength index , to decide if Sherritt International performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Sherritt International has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's basic 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 | 145.6 M |
Sherritt |
Sherritt International Relative Risk vs. Return Landscape
If you would invest 12.00 in Sherritt International on December 17, 2024 and sell it today you would lose (2.00) from holding Sherritt International or give up 16.67% of portfolio value over 90 days. Sherritt International is currently producing negative expected returns and takes up 5.7265% volatility of returns over 90 trading days. Put another way, 51% of traded pink sheets are less volatile than Sherritt, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Sherritt International Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sherritt International's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Sherritt International, and traders can use it to determine the average amount a Sherritt International'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 = -0.0269
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| Negative Returns | SHERF |
Estimated Market Risk
| 5.73 actual daily | 51 51% of assets are less volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sherritt International 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 Sherritt International by adding Sherritt International to a well-diversified portfolio.
Sherritt International Fundamentals Growth
Sherritt Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Sherritt International, and Sherritt International 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 Sherritt Pink Sheet performance.
| Return On Equity | 0.0995 | |||
| Return On Asset | -0.0304 | |||
| Profit Margin | 0.36 % | |||
| Operating Margin | (0.40) % | |||
| Current Valuation | 340.1 M | |||
| Shares Outstanding | 397.29 M | |||
| Price To Earning | 2.67 X | |||
| Price To Book | 0.29 X | |||
| Price To Sales | 0.92 X | |||
| Revenue | 178.8 M | |||
| EBITDA | 132.8 M | |||
| Cash And Equivalents | 124.6 M | |||
| Cash Per Share | 0.31 X | |||
| Total Debt | 304.4 M | |||
| Debt To Equity | 0.59 % | |||
| Book Value Per Share | 1.75 X | |||
| Cash Flow From Operations | 88.7 M | |||
| Earnings Per Share | 0.12 X | |||
| Total Asset | 1.56 B | |||
About Sherritt International Performance
By analyzing Sherritt International's fundamental ratios, stakeholders can gain valuable insights into Sherritt International's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Sherritt International 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 Sherritt International has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Sherritt International Corporation engages in the mining, refining, and sale of nickel and cobalt from lateritic sources primarily in Canada and Cuba. The company was incorporated in 1927 and is based in Toronto, Canada. Sherritt International operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Sherritt International performance evaluation
Checking the ongoing alerts about Sherritt International for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Sherritt International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Sherritt International generated a negative expected return over the last 90 days | |
| Sherritt International has high historical volatility and very poor performance | |
| Sherritt International has some characteristics of a very speculative penny stock | |
| Sherritt International has high likelihood to experience some financial distress in the next 2 years |
- Analyzing Sherritt International'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 Sherritt International's stock is overvalued or undervalued compared to its peers.
- Examining Sherritt International'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 Sherritt International's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sherritt International's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Sherritt International's pink sheet. These opinions can provide insight into Sherritt International's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Sherritt Pink Sheet analysis
When running Sherritt International's price analysis, check to measure Sherritt International'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 Sherritt International is operating at the current time. Most of Sherritt International's value examination focuses on studying past and present price action to predict the probability of Sherritt International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sherritt International's price. Additionally, you may evaluate how the addition of Sherritt International to your portfolios can decrease your overall portfolio volatility.
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