Flying Nickel Mining Performance
| FLYNFDelisted Stock | USD 0.03 0.0003 1.14% |
The firm shows a Beta (market volatility) of -1.15, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Flying Nickel are expected to decrease by larger amounts. On the other hand, during market turmoil, Flying Nickel is expected to outperform it. Please check Flying Nickel's potential upside and the relationship between the skewness and price action indicator , to make a quick decision on whether Flying Nickel's price patterns will revert.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Flying Nickel Mining has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly fragile basic indicators, Flying Nickel reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Flying |
Flying Nickel Relative Risk vs. Return Landscape
If you would invest 3.80 in Flying Nickel Mining on December 23, 2024 and sell it today you would lose (1.14) from holding Flying Nickel Mining or give up 30.0% of portfolio value over 90 days. Flying Nickel Mining is currently producing 0.2408% returns and takes up 19.9766% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Flying, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Flying Nickel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Flying Nickel's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Flying Nickel Mining, and traders can use it to determine the average amount a Flying Nickel'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 = 0.0121
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Estimated Market Risk
| 19.98 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Flying Nickel 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 Flying Nickel by adding Flying Nickel to a well-diversified portfolio.
Flying Nickel Fundamentals Growth
Flying OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Flying Nickel, and Flying Nickel 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 Flying OTC Stock performance.
| Current Valuation | 4.57 M | |||
| Shares Outstanding | 62.09 M | |||
| Price To Book | 0.21 X | |||
| EBITDA | (304.22 K) | |||
| Cash And Equivalents | 3.63 M | |||
| Cash Per Share | 0.06 X | |||
| Book Value Per Share | 0.65 X | |||
| Cash Flow From Operations | (1.27 M) | |||
About Flying Nickel Performance
By analyzing Flying Nickel's fundamental ratios, stakeholders can gain valuable insights into Flying Nickel's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Flying Nickel 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 Flying Nickel has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Flying Nickel Mining Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. Flying Nickel Mining Corp. was incorporated in 2020 and is headquartered in Vancouver, Canada. Flying Nickel operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 15 people.Things to note about Flying Nickel Mining performance evaluation
Checking the ongoing alerts about Flying Nickel for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Flying Nickel Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Flying Nickel Mining is not yet fully synchronised with the market data | |
| Flying Nickel Mining had very high historical volatility over the last 90 days | |
| Flying Nickel Mining has some characteristics of a very speculative penny stock | |
| Flying Nickel Mining has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (360.64 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Flying Nickel Mining has accumulated about 3.63 M in cash with (1.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 39.0% of the company shares are held by company insiders |
- Analyzing Flying Nickel'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 Flying Nickel's stock is overvalued or undervalued compared to its peers.
- Examining Flying Nickel'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 Flying Nickel's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Flying Nickel's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Flying Nickel's otc stock. These opinions can provide insight into Flying Nickel's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Other Consideration for investing in Flying OTC Stock
If you are still planning to invest in Flying Nickel Mining check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Flying Nickel's history and understand the potential risks before investing.
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