Zenith Minerals (Australia) Performance
| ZNC Stock | 0.04 0 2.44% |
The firm maintains a market beta of -0.77, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Zenith Minerals are expected to decrease at a much lower rate. During the bear market, Zenith Minerals is likely to outperform the market. At this point, Zenith Minerals has a negative expected return of -0.14%. Please make sure to check out Zenith Minerals' skewness, daily balance of power, and the relationship between the potential upside and kurtosis , to decide if Zenith Minerals 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 Zenith Minerals has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest uncertain performance, the Stock's fundamental indicators remain stable and the newest uproar on Wall Street may also be a sign of mid-term gains for the firm private investors. ...more
1 | Zenith Minerals Launches Drilling at Red Mountain Project - MSN | 11/20/2024 |
2 | Zenith Minerals Reports 40 percent Gold Resource Boost - TipRanks | 12/11/2024 |
| Begin Period Cash Flow | 2.3 M |
Zenith |
Zenith Minerals Relative Risk vs. Return Landscape
If you would invest 4.60 in Zenith Minerals on October 6, 2024 and sell it today you would lose (0.60) from holding Zenith Minerals or give up 13.04% of portfolio value over 90 days. Zenith Minerals is producing return of less than zero assuming 4.0242% volatility of returns over the 90 days investment horizon. Simply put, 35% of all stocks have less volatile historical return distribution than Zenith Minerals, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Zenith Minerals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zenith Minerals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Zenith Minerals, and traders can use it to determine the average amount a Zenith Minerals' 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 = -0.0356
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| Negative Returns | ZNC |
Estimated Market Risk
| 4.02 actual daily | 35 65% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Zenith Minerals 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 Zenith Minerals by adding Zenith Minerals to a well-diversified portfolio.
Zenith Minerals Fundamentals Growth
Zenith Stock prices reflect investors' perceptions of the future prospects and financial health of Zenith Minerals, and Zenith Minerals 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 Zenith Stock performance.
| Return On Equity | -0.28 | ||||
| Return On Asset | -0.0768 | ||||
| Operating Margin | 0.40 % | ||||
| Current Valuation | 13.44 M | ||||
| Shares Outstanding | 407.44 M | ||||
| Price To Book | 1.16 X | ||||
| Price To Sales | 24.39 X | ||||
| Revenue | 668.32 K | ||||
| Gross Profit | 1.7 M | ||||
| EBITDA | (59.07 K) | ||||
| Net Income | (4.47 M) | ||||
| Total Debt | 435.43 K | ||||
| Book Value Per Share | 0.04 X | ||||
| Cash Flow From Operations | (838.17 K) | ||||
| Earnings Per Share | (0.01) X | ||||
| Total Asset | 14.47 M | ||||
| Retained Earnings | (26.94 M) | ||||
About Zenith Minerals Performance
Assessing Zenith Minerals' fundamental ratios provides investors with valuable insights into Zenith Minerals' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Zenith Minerals is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Zenith Minerals is entity of Australia. It is traded as Stock on AU exchange.Things to note about Zenith Minerals performance evaluation
Checking the ongoing alerts about Zenith Minerals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Zenith Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Zenith Minerals generated a negative expected return over the last 90 days | |
| Zenith Minerals has some characteristics of a very speculative penny stock | |
| Zenith Minerals has high historical volatility and very poor performance | |
| The company reported the revenue of 668.32 K. Net Loss for the year was (4.47 M) with profit before overhead, payroll, taxes, and interest of 1.7 M. | |
| Zenith Minerals generates negative cash flow from operations | |
| About 24.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Zenith Minerals Reports 40 percent Gold Resource Boost - TipRanks |
- Analyzing Zenith Minerals' 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 Zenith Minerals' stock is overvalued or undervalued compared to its peers.
- Examining Zenith Minerals' 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 Zenith Minerals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Zenith Minerals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Zenith Minerals' stock. These opinions can provide insight into Zenith Minerals' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Zenith Stock Analysis
When running Zenith Minerals' price analysis, check to measure Zenith Minerals' 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 Zenith Minerals is operating at the current time. Most of Zenith Minerals' value examination focuses on studying past and present price action to predict the probability of Zenith Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zenith Minerals' price. Additionally, you may evaluate how the addition of Zenith Minerals to your portfolios can decrease your overall portfolio volatility.