Alx Uranium Corp Stock Performance
| AL Stock | CAD 0.03 0.00 0.00% |
ALX Uranium holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -1.55, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning ALX Uranium are expected to decrease by larger amounts. On the other hand, during market turmoil, ALX Uranium is expected to outperform it. Use ALX Uranium standard deviation, as well as the relationship between the maximum drawdown and day median price , to analyze future returns on ALX Uranium.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in ALX Uranium Corp are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, ALX Uranium showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 2 M |
ALX |
ALX Uranium Relative Risk vs. Return Landscape
If you would invest 2.00 in ALX Uranium Corp on September 12, 2024 and sell it today you would earn a total of 1.00 from holding ALX Uranium Corp or generate 50.0% return on investment over 90 days. ALX Uranium Corp is currently generating 1.3021% in daily expected returns and assumes 12.3531% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than ALX, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
ALX Uranium Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ALX Uranium's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ALX Uranium Corp, and traders can use it to determine the average amount a ALX 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 = 0.1054
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | AL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 12.35 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.3 actual daily | 25 75% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average ALX Uranium is performing at about 8% 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 ALX Uranium by adding it to a well-diversified portfolio.
ALX Uranium Fundamentals Growth
ALX Stock prices reflect investors' perceptions of the future prospects and financial health of ALX Uranium, and ALX 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 ALX Stock performance.
| Return On Equity | -0.0861 | ||||
| Return On Asset | -0.0889 | ||||
| Current Valuation | 6.57 M | ||||
| Shares Outstanding | 248.87 M | ||||
| Price To Earning | 1.83 X | ||||
| Price To Book | 0.67 X | ||||
| EBITDA | (1.07 M) | ||||
| Cash And Equivalents | 3.07 M | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 164.23 K | ||||
| Debt To Equity | 1.30 % | ||||
| Book Value Per Share | 0.05 X | ||||
| Cash Flow From Operations | (590.75 K) | ||||
| Earnings Per Share | (0.01) X | ||||
| Total Asset | 12 M | ||||
| Retained Earnings | (14.46 M) | ||||
About ALX Uranium Performance
Evaluating ALX Uranium's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if ALX 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 ALX Uranium 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.
ALX Uranium Corp., primarily acquires, explores for, and develops uranium properties in Canada. ALX Uranium Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada. ALX URANIUM operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.Things to note about ALX Uranium Corp performance evaluation
Checking the ongoing alerts about ALX Uranium for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ALX Uranium Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ALX Uranium Corp is way too risky over 90 days horizon | |
| ALX Uranium Corp has some characteristics of a very speculative penny stock | |
| ALX Uranium Corp appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (806.28 K) with loss before overhead, payroll, taxes, and interest of (4.42 K). | |
| ALX Uranium Corp currently holds about 3.07 M in cash with (590.75 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. |
- Analyzing ALX 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 ALX Uranium's stock is overvalued or undervalued compared to its peers.
- Examining ALX 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 ALX Uranium's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ALX Uranium's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ALX Uranium's stock. These opinions can provide insight into ALX Uranium's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for ALX Stock Analysis
When running ALX Uranium's price analysis, check to measure ALX 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 ALX Uranium is operating at the current time. Most of ALX Uranium's value examination focuses on studying past and present price action to predict the probability of ALX 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 ALX Uranium's price. Additionally, you may evaluate how the addition of ALX Uranium to your portfolios can decrease your overall portfolio volatility.