Traction Uranium Corp Stock Performance
| TRCTF Stock | USD 0.19 0.01 5.00% |
On a scale of 0 to 100, Traction Uranium holds a performance score of 5. The entity has a beta of -1.65, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Traction Uranium are expected to decrease by larger amounts. On the other hand, during market turmoil, Traction Uranium is expected to outperform it. Please check Traction Uranium's information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Traction Uranium's existing price patterns will revert.
Risk-Adjusted Performance
Modest
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Traction Uranium Corp are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Traction Uranium reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 677.9 K |
Traction |
Traction Uranium Relative Risk vs. Return Landscape
If you would invest 18.00 in Traction Uranium Corp on December 17, 2024 and sell it today you would earn a total of 1.00 from holding Traction Uranium Corp or generate 5.56% return on investment over 90 days. Traction Uranium Corp is currently producing 0.8486% returns and takes up 12.6976% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Traction, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Traction Uranium Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Traction Uranium's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Traction Uranium Corp, and traders can use it to determine the average amount a Traction Uranium'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 = 0.0668
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Estimated Market Risk
| 12.7 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.85 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Traction Uranium is performing at about 5% 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 Traction Uranium by adding it to a well-diversified portfolio.
Traction Uranium Fundamentals Growth
Traction OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Traction Uranium, and Traction Uranium 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 Traction OTC Stock performance.
| Current Valuation | 8.69 M | |||
| Shares Outstanding | 62.32 M | |||
| Price To Book | 1.68 X | |||
| EBITDA | (10.19 M) | |||
| Cash Flow From Operations | (7.06 M) | |||
| Total Asset | 3.84 M | |||
About Traction Uranium Performance
By analyzing Traction Uranium's fundamental ratios, stakeholders can gain valuable insights into Traction Uranium's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Traction Uranium 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 Traction Uranium has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Traction Uranium Corp. engages in the exploration of mineral properties in Canada. The company was incorporated in 2020 and is based in Vancouver, Canada. Traction Uranium is traded on OTC Exchange in the United States.Things to note about Traction Uranium Corp performance evaluation
Checking the ongoing alerts about Traction Uranium for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Traction Uranium Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Traction Uranium is way too risky over 90 days horizon | |
| Traction Uranium has some characteristics of a very speculative penny stock | |
| Traction Uranium appears to be risky and price may revert if volatility continues | |
| Traction Uranium has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (12.61 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Traction Uranium generates negative cash flow from operations |
- Analyzing Traction Uranium'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 Traction Uranium's stock is overvalued or undervalued compared to its peers.
- Examining Traction Uranium'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 Traction Uranium's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Traction Uranium's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Traction Uranium's otc stock. These opinions can provide insight into Traction Uranium's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Traction OTC Stock analysis
When running Traction Uranium's price analysis, check to measure Traction Uranium'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 Traction Uranium is operating at the current time. Most of Traction Uranium's value examination focuses on studying past and present price action to predict the probability of Traction Uranium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Traction Uranium's price. Additionally, you may evaluate how the addition of Traction Uranium to your portfolios can decrease your overall portfolio volatility.
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