Globex Mining Enterprises Stock Performance
| GMX Stock | CAD 1.11 0.04 3.74% |
On a scale of 0 to 100, Globex Mining holds a performance score of 15. The company retains a Market Volatility (i.e., Beta) of 0.72, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Globex Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Globex Mining is expected to be smaller as well. Please check Globex Mining's kurtosis, day median price, as well as the relationship between the downside variance and treynor ratio , to make a quick decision on whether Globex Mining's current trending patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Globex Mining Enterprises are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of very abnormal basic indicators, Globex Mining displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | How to decrease sector risk by owning hundreds of mineral assets 2024-09-19 Investing News - Stockhouse Publishing | 09/19/2024 |
2 | Globex Mining Announces New Drilling by O3 Mining - TipRanks | 11/21/2024 |
| Begin Period Cash Flow | 1.5 M |
Globex |
Globex Mining Relative Risk vs. Return Landscape
If you would invest 83.00 in Globex Mining Enterprises on August 31, 2024 and sell it today you would earn a total of 28.00 from holding Globex Mining Enterprises or generate 33.73% return on investment over 90 days. Globex Mining Enterprises is generating 0.4919% of daily returns assuming 2.4606% volatility of returns over the 90 days investment horizon. Simply put, 21% of all stocks have less volatile historical return distribution than Globex Mining, and 91% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Globex Mining Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Globex Mining's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Globex Mining Enterprises, and traders can use it to determine the average amount a Globex Mining'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 = 0.1999
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Estimated Market Risk
| 2.46 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.49 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Globex Mining is performing at about 15% 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 Globex Mining by adding it to a well-diversified portfolio.
Globex Mining Fundamentals Growth
Globex Stock prices reflect investors' perceptions of the future prospects and financial health of Globex Mining, and Globex Mining 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 Globex Stock performance.
| Return On Equity | 0.15 | |||
| Return On Asset | 0.0286 | |||
| Profit Margin | 1.03 % | |||
| Operating Margin | (2.92) % | |||
| Current Valuation | 31.58 M | |||
| Shares Outstanding | 56.06 M | |||
| Price To Earning | 43.57 X | |||
| Price To Book | 1.82 X | |||
| Price To Sales | 13.47 X | |||
| Revenue | 4.13 M | |||
| Gross Profit | 35.27 M | |||
| EBITDA | 1.39 M | |||
| Net Income | 1.37 M | |||
| Cash And Equivalents | 3.28 M | |||
| Cash Per Share | 0.06 X | |||
| Total Debt | 171.4 K | |||
| Debt To Equity | 1.10 % | |||
| Current Ratio | 12.63 X | |||
| Book Value Per Share | 0.58 X | |||
| Cash Flow From Operations | 2.27 M | |||
| Earnings Per Share | 0.08 X | |||
| Market Capitalization | 59.98 M | |||
| Total Asset | 32.42 M | |||
| Retained Earnings | (29.06 M) | |||
| Working Capital | 24.54 M | |||
About Globex Mining Performance
By examining Globex Mining's fundamental ratios, stakeholders can obtain critical insights into Globex Mining's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Globex Mining is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.04 | 0.04 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.04 | 0.04 |
Things to note about Globex Mining Enterprises performance evaluation
Checking the ongoing alerts about Globex Mining for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Globex Mining Enterprises help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Globex Mining may become a speculative penny stock | |
| Globex Mining is unlikely to experience financial distress in the next 2 years | |
| About 13.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Globex Mining Announces New Drilling by O3 Mining - TipRanks |
- Analyzing Globex Mining'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 Globex Mining's stock is overvalued or undervalued compared to its peers.
- Examining Globex Mining'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 Globex Mining's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Globex Mining's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Globex Mining's stock. These opinions can provide insight into Globex Mining's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Globex Stock
Globex Mining financial ratios help investors to determine whether Globex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Globex with respect to the benefits of owning Globex Mining security.