Alderan Resources (Australia) Performance
| AL8 Stock | 0.02 0 4.00% |
The firm shows a Beta (market volatility) of -3.38, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Alderan Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Alderan Resources is expected to outperform it. Alderan Resources right now shows a risk of 9.47%. Please confirm Alderan Resources mean deviation, downside deviation, information ratio, as well as the relationship between the semi deviation and coefficient of variation , to decide if Alderan Resources will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Alderan Resources has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Alderan Resources is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Last Split Factor 1:10 | Last Split Date 2024-11-21 |
1 | Alderan Resources Boosts Funding for Metal Exploration - TipRanks | 09/30/2024 |
2 | Alderan Resources Advances with Key Resolutions Passed - TipRanks | 11/18/2024 |
3 | Alderan Resources Initiates Trading Halt for Capital Raising - TipRanks | 11/28/2024 |
4 | Alderan Resources Limited Announces Management Changes - Marketscreener.com | 12/10/2024 |
| Begin Period Cash Flow | 235.3 K |
Alderan |
Alderan Resources Relative Risk vs. Return Landscape
If you would invest 3.00 in Alderan Resources on September 20, 2024 and sell it today you would lose (0.60) from holding Alderan Resources or give up 20.0% of portfolio value over 90 days. Alderan Resources is generating 0.075% of daily returns assuming 9.4706% volatility of returns over the 90 days investment horizon. Simply put, 84% of all stocks have less volatile historical return distribution than Alderan Resources, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Alderan Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alderan Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Alderan Resources, and traders can use it to determine the average amount a Alderan 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 = 0.0079
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Estimated Market Risk
| 9.47 actual daily | 84 84% of assets are less volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alderan 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 Alderan Resources by adding Alderan Resources to a well-diversified portfolio.
Alderan Resources Fundamentals Growth
Alderan Stock prices reflect investors' perceptions of the future prospects and financial health of Alderan Resources, and Alderan 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 Alderan Stock performance.
| Return On Equity | -1.03 | ||||
| Return On Asset | -0.61 | ||||
| Current Valuation | 5.59 M | ||||
| Shares Outstanding | 190.93 M | ||||
| Price To Book | 1.19 X | ||||
| Price To Sales | 135.76 X | ||||
| Revenue | 34.72 K | ||||
| EBITDA | (1.6 M) | ||||
| Total Debt | 235.3 K | ||||
| Book Value Per Share | 0 X | ||||
| Cash Flow From Operations | (1.75 M) | ||||
| Earnings Per Share | (0.06) X | ||||
| Total Asset | 5.04 M | ||||
| Retained Earnings | (35.58 M) | ||||
About Alderan Resources Performance
Assessing Alderan Resources' fundamental ratios provides investors with valuable insights into Alderan Resources' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Alderan Resources 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.
Things to note about Alderan Resources performance evaluation
Checking the ongoing alerts about Alderan Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Alderan Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Alderan Resources had very high historical volatility over the last 90 days | |
| Alderan Resources has some characteristics of a very speculative penny stock | |
| Alderan Resources has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 34.72 K. Net Loss for the year was (6.36 M) with profit before overhead, payroll, taxes, and interest of 34.72 K. | |
| Alderan Resources generates negative cash flow from operations | |
| About 40.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Alderan Resources Limited Announces Management Changes - Marketscreener.com |
- Analyzing Alderan 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 Alderan Resources' stock is overvalued or undervalued compared to its peers.
- Examining Alderan 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 Alderan Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Alderan Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Alderan Resources' stock. These opinions can provide insight into Alderan Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Alderan Stock Analysis
When running Alderan Resources' price analysis, check to measure Alderan 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 Alderan Resources is operating at the current time. Most of Alderan Resources' value examination focuses on studying past and present price action to predict the probability of Alderan Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alderan Resources' price. Additionally, you may evaluate how the addition of Alderan Resources to your portfolios can decrease your overall portfolio volatility.