DY6 Metals (Australia) Performance
| DY6 Stock | 0.05 0 4.00% |
The firm owns a Beta (Systematic Risk) of 1.2, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, DY6 Metals will likely underperform. At this point, DY6 Metals has a negative expected return of -0.0462%. Please make sure to confirm DY6 Metals' coefficient of variation, variance, and the relationship between the mean deviation and standard deviation , to decide if DY6 Metals performance from the past will be repeated in the future.
Risk-Adjusted Performance
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Over the last 90 days DY6 Metals has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, DY6 Metals is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | DY6 Metals Ltd. Resolutions Passed at AGM - TipRanks | 11/22/2024 |
DY6 |
DY6 Metals Relative Risk vs. Return Landscape
If you would invest 5.30 in DY6 Metals on August 31, 2024 and sell it today you would lose (0.50) from holding DY6 Metals or give up 9.43% of portfolio value over 90 days. DY6 Metals is producing return of less than zero assuming 4.6897% volatility of returns over the 90 days investment horizon. Simply put, 41% of all stocks have less volatile historical return distribution than DY6 Metals, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
DY6 Metals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DY6 Metals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as DY6 Metals, and traders can use it to determine the average amount a DY6 Metals' 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 = -0.0098
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| Negative Returns | DY6 |
Estimated Market Risk
| 4.69 actual daily | 41 59% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average DY6 Metals 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 DY6 Metals by adding DY6 Metals to a well-diversified portfolio.
DY6 Metals Fundamentals Growth
DY6 Stock prices reflect investors' perceptions of the future prospects and financial health of DY6 Metals, and DY6 Metals 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 DY6 Stock performance.
| Return On Equity | -0.19 | |||
| Return On Asset | -0.11 | |||
| Current Valuation | 221.19 K | |||
| Shares Outstanding | 58.5 M | |||
| Price To Book | 0.39 X | |||
| Price To Sales | 209.21 X | |||
| Revenue | 14.46 K | |||
| EBITDA | (1.5 M) | |||
| Book Value Per Share | 0.12 X | |||
| Earnings Per Share | (0.03) X | |||
About DY6 Metals Performance
Assessing DY6 Metals' fundamental ratios provides investors with valuable insights into DY6 Metals' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the DY6 Metals 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.
DY6 Metals is entity of Australia. It is traded as Stock on AU exchange.Things to note about DY6 Metals performance evaluation
Checking the ongoing alerts about DY6 Metals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for DY6 Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| DY6 Metals generated a negative expected return over the last 90 days | |
| DY6 Metals has some characteristics of a very speculative penny stock | |
| DY6 Metals has high historical volatility and very poor performance | |
| DY6 Metals has high likelihood to experience some financial distress in the next 2 years | |
| About 68.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: DY6 Metals Ltd. Resolutions Passed at AGM - TipRanks |
- Analyzing DY6 Metals' 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 DY6 Metals' stock is overvalued or undervalued compared to its peers.
- Examining DY6 Metals' 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 DY6 Metals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of DY6 Metals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of DY6 Metals' stock. These opinions can provide insight into DY6 Metals' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for DY6 Stock Analysis
When running DY6 Metals' price analysis, check to measure DY6 Metals' 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 DY6 Metals is operating at the current time. Most of DY6 Metals' value examination focuses on studying past and present price action to predict the probability of DY6 Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DY6 Metals' price. Additionally, you may evaluate how the addition of DY6 Metals to your portfolios can decrease your overall portfolio volatility.