Spey Resources Corp Stock Performance
| SPEYF Stock | USD 0.1 0.0004 0.42% |
Spey Resources holds a performance score of 12 on a scale of zero to a hundred. The entity has a beta of 7.1, 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, Spey Resources will likely underperform. Use Spey Resources Corp total risk alpha and the relationship between the potential upside and price action indicator , to analyze future returns on Spey Resources Corp.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Spey Resources Corp are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Spey Resources reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 262.4 K | |
| Total Cashflows From Investing Activities | -354.3 K |
Spey |
Spey Resources Relative Risk vs. Return Landscape
If you would invest 5.78 in Spey Resources Corp on September 18, 2024 and sell it today you would earn a total of 3.72 from holding Spey Resources Corp or generate 64.36% return on investment over 90 days. Spey Resources Corp is currently producing 5.9229% returns and takes up 37.0623% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Spey, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Spey Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spey Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Spey Resources Corp, and traders can use it to determine the average amount a Spey Resources' 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 = 0.1598
| Best Portfolio | Best Equity | SPEYF | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 37.06 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Spey Resources is performing at about 12% 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 Spey Resources by adding it to a well-diversified portfolio.
Spey Resources Fundamentals Growth
Spey Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Spey Resources, and Spey Resources 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 Spey Pink Sheet performance.
| Return On Equity | -0.2 | |||
| Return On Asset | -0.0942 | |||
| Current Valuation | 9.49 M | |||
| Shares Outstanding | 106.22 M | |||
| Price To Book | 4.08 X | |||
| EBITDA | (1.98 M) | |||
| Cash And Equivalents | 707.8 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 338.92 K | |||
| Debt To Equity | 0.10 % | |||
| Book Value Per Share | 0.05 X | |||
| Cash Flow From Operations | (2.53 M) | |||
| Earnings Per Share | (0.20) X | |||
| Total Asset | 3.99 M | |||
About Spey Resources Performance
By analyzing Spey Resources' fundamental ratios, stakeholders can gain valuable insights into Spey Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Spey Resources 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 Spey Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Spey Resources Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. Spey Resources Corp. was incorporated in 2017 and is based in Vancouver, Canada. SPEY RESOURCES is traded on OTC Exchange in the United States.Things to note about Spey Resources Corp performance evaluation
Checking the ongoing alerts about Spey Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Spey Resources Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Spey Resources Corp is way too risky over 90 days horizon | |
| Spey Resources Corp has some characteristics of a very speculative penny stock | |
| Spey Resources Corp appears to be risky and price may revert if volatility continues | |
| Spey Resources Corp has accumulated 338.92 K in total debt with debt to equity ratio (D/E) of 0.1, which may suggest the company is not taking enough advantage from borrowing. Spey Resources Corp has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Spey Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Spey Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Spey Resources Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Spey to invest in growth at high rates of return. When we think about Spey Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (10.68 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Spey Resources Corp has accumulated about 707.8 K in cash with (2.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
- Analyzing Spey Resources' 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 Spey Resources' stock is overvalued or undervalued compared to its peers.
- Examining Spey Resources' 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 Spey Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Spey Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Spey Resources' pink sheet. These opinions can provide insight into Spey Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Spey Pink Sheet analysis
When running Spey Resources' price analysis, check to measure Spey Resources' 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 Spey Resources is operating at the current time. Most of Spey Resources' value examination focuses on studying past and present price action to predict the probability of Spey Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spey Resources' price. Additionally, you may evaluate how the addition of Spey Resources to your portfolios can decrease your overall portfolio volatility.
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