Asiabasemetals Stock Performance
| ABZ Stock | CAD 0.06 0.00 0.00% |
The firm shows a Beta (market volatility) of 0.48, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Asiabasemetals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Asiabasemetals is expected to be smaller as well. At this point, Asiabasemetals has a negative expected return of -0.28%. Please make sure to confirm Asiabasemetals' jensen alpha, as well as the relationship between the kurtosis and relative strength index , to decide if Asiabasemetals 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 Asiabasemetals has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in April 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 1487.00 |
Asiabasemetals |
Asiabasemetals Relative Risk vs. Return Landscape
If you would invest 8.00 in Asiabasemetals on December 20, 2024 and sell it today you would lose (2.00) from holding Asiabasemetals or give up 25.0% of portfolio value over 90 days. Asiabasemetals is currently producing negative expected returns and takes up 6.1095% volatility of returns over 90 trading days. Put another way, 54% of traded stocks are less volatile than Asiabasemetals, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Asiabasemetals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asiabasemetals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Asiabasemetals, and traders can use it to determine the average amount a Asiabasemetals' 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 = -0.0463
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| Negative Returns | ABZ |
Estimated Market Risk
| 6.11 actual daily | 54 54% of assets are less volatile |
Expected Return
| -0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Asiabasemetals 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 Asiabasemetals by adding Asiabasemetals to a well-diversified portfolio.
Asiabasemetals Fundamentals Growth
Asiabasemetals Stock prices reflect investors' perceptions of the future prospects and financial health of Asiabasemetals, and Asiabasemetals 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 Asiabasemetals Stock performance.
| Return On Equity | -133.88 | |||
| Return On Asset | -6.37 | |||
| Current Valuation | 2.98 M | |||
| Shares Outstanding | 49.69 M | |||
| Price To Earning | (6.11) X | |||
| Price To Book | 95.50 X | |||
| EBITDA | (270.09 K) | |||
| Cash And Equivalents | 175.39 K | |||
| Total Debt | 661.44 K | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | 4.24 K | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 23.93 K | |||
| Retained Earnings | (7.12 M) | |||
About Asiabasemetals Performance
Evaluating Asiabasemetals' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Asiabasemetals 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 Asiabasemetals has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
AsiaBaseMetals Inc. engages in the exploration and development of metals in Canada. The company was incorporated in 2009 and is based in Vancouver, Canada. ASIABASEMETALS INC is traded on TSX Venture Exchange in Canada.Things to note about Asiabasemetals performance evaluation
Checking the ongoing alerts about Asiabasemetals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Asiabasemetals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Asiabasemetals generated a negative expected return over the last 90 days | |
| Asiabasemetals has high historical volatility and very poor performance | |
| Asiabasemetals has some characteristics of a very speculative penny stock | |
| Asiabasemetals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (335.41 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| About 68.0% of the company shares are held by company insiders |
- Analyzing Asiabasemetals' 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 Asiabasemetals' stock is overvalued or undervalued compared to its peers.
- Examining Asiabasemetals' 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 Asiabasemetals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Asiabasemetals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Asiabasemetals' stock. These opinions can provide insight into Asiabasemetals' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Asiabasemetals Stock Analysis
When running Asiabasemetals' price analysis, check to measure Asiabasemetals' 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 Asiabasemetals is operating at the current time. Most of Asiabasemetals' value examination focuses on studying past and present price action to predict the probability of Asiabasemetals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asiabasemetals' price. Additionally, you may evaluate how the addition of Asiabasemetals to your portfolios can decrease your overall portfolio volatility.