Aben Resources Stock Performance
| ABNAF Stock | USD 0.04 0.01 20.39% |
The firm shows a Beta (market volatility) of 0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aben Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Aben Resources is expected to be smaller as well. At this point, Aben Resources has a negative expected return of -0.26%. Please make sure to confirm Aben Resources' treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if Aben Resources 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 Aben Resources has generated negative risk-adjusted returns adding no value to investors with long positions. Despite unfluctuating performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in February 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 704.8 K |
Aben |
Aben Resources Relative Risk vs. Return Landscape
If you would invest 5.55 in Aben Resources on October 10, 2024 and sell it today you would lose (1.45) from holding Aben Resources or give up 26.13% of portfolio value over 90 days. Aben Resources is currently producing negative expected returns and takes up 6.8206% volatility of returns over 90 trading days. Put another way, 60% of traded pink sheets are less volatile than Aben, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Aben Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aben Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Aben Resources, and traders can use it to determine the average amount a Aben 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 = -0.0375
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| Negative Returns | ABNAF |
Estimated Market Risk
| 6.82 actual daily | 60 60% of assets are less volatile |
Expected Return
| -0.26 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 Aben Resources 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 Aben Resources by adding Aben Resources to a well-diversified portfolio.
Aben Resources Fundamentals Growth
Aben Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Aben Resources, and Aben 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 Aben Pink Sheet performance.
| Return On Equity | -0.042 | |||
| Return On Asset | -0.0257 | |||
| Current Valuation | 2.36 M | |||
| Shares Outstanding | 137.05 M | |||
| Price To Earning | (7.72) X | |||
| Price To Book | 0.27 X | |||
| EBITDA | (789.75 K) | |||
| Cash And Equivalents | 220.91 K | |||
| Book Value Per Share | 0.10 X | |||
| Cash Flow From Operations | (695.22 K) | |||
| Earnings Per Share | (0) X | |||
| Total Asset | 14.29 M | |||
About Aben Resources Performance
By analyzing Aben Resources' fundamental ratios, stakeholders can gain valuable insights into Aben Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Aben 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 Aben Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Aben Resources Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties primarily in British Columbia, Saskatchewan, and Yukon, Canada. Aben Resources Ltd. was incorporated in 1960 and is headquartered in Vancouver, Canada. Aben Resources operates under Gold classification in the United States and is traded on OTC Exchange.Things to note about Aben Resources performance evaluation
Checking the ongoing alerts about Aben Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Aben Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Aben Resources generated a negative expected return over the last 90 days | |
| Aben Resources has high historical volatility and very poor performance | |
| Aben Resources has some characteristics of a very speculative penny stock | |
| Aben Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (606.36 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Aben Resources has accumulated about 220.91 K in cash with (695.22 K) of positive cash flow from operations. |
- Analyzing Aben 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 Aben Resources' stock is overvalued or undervalued compared to its peers.
- Examining Aben 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 Aben Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Aben Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Aben Resources' pink sheet. These opinions can provide insight into Aben Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Aben Pink Sheet analysis
When running Aben Resources' price analysis, check to measure Aben 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 Aben Resources is operating at the current time. Most of Aben Resources' value examination focuses on studying past and present price action to predict the probability of Aben Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aben Resources' price. Additionally, you may evaluate how the addition of Aben Resources to your portfolios can decrease your overall portfolio volatility.
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