Mining Global Stock Performance
| MNGG Stock | USD 0.0001 0.00 0.00% |
Mining Global holds a performance score of 9 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Mining Global are completely uncorrelated. Use Mining Global rate of daily change , to analyze future returns on Mining Global.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Mining Global are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile technical and fundamental indicators, Mining Global reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 31.3 K | |
| Free Cash Flow | -10.7 K |
Mining |
Mining Global Relative Risk vs. Return Landscape
If you would invest 0.01 in Mining Global on December 20, 2024 and sell it today you would earn a total of 0.00 from holding Mining Global or generate 0.0% return on investment over 90 days. Mining Global is currently generating 15.2542% in daily expected returns and assumes 131.0614% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Mining, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Mining Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mining Global's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Mining Global, and traders can use it to determine the average amount a Mining Global'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 = 0.1164
| Best Portfolio | Best Equity | MNGG | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 131.06 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Mining Global is performing at about 9% 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 Mining Global by adding it to a well-diversified portfolio.
Mining Global Fundamentals Growth
Mining Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Mining Global, and Mining Global 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 Mining Pink Sheet performance.
| Return On Asset | -0.0228 | |||
| Profit Margin | (0.88) % | |||
| Operating Margin | (0.77) % | |||
| Current Valuation | 3.97 M | |||
| Shares Outstanding | 7.23 B | |||
| Price To Sales | 80.64 X | |||
| Revenue | 35.84 K | |||
| EBITDA | (31.68 K) | |||
| Cash And Equivalents | 47.71 K | |||
| Total Debt | 256 K | |||
| Cash Flow From Operations | (10.71 K) | |||
| Total Asset | 747.95 K | |||
| Retained Earnings | (7.76 M) | |||
| Current Asset | 2 K | |||
| Current Liabilities | 1.13 M | |||
About Mining Global Performance
By analyzing Mining Global's fundamental ratios, stakeholders can gain valuable insights into Mining Global's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Mining Global 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 Mining Global has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Mining Global Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties. Mining Global Inc. was incorporated in 2006 and is based in West Palm Beach, Florida. Mining Global is traded on OTC Exchange in the United States.Things to note about Mining Global performance evaluation
Checking the ongoing alerts about Mining Global for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Mining Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mining Global is way too risky over 90 days horizon | |
| Mining Global has some characteristics of a very speculative penny stock | |
| Mining Global appears to be risky and price may revert if volatility continues | |
| Mining Global currently holds 256 K in liabilities. Mining Global has a current ratio of 0.02, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Mining Global until it has trouble settling it off, either with new capital or with free cash flow. So, Mining Global's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Mining Global sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mining to invest in growth at high rates of return. When we think about Mining Global's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 35.84 K. Net Loss for the year was (31.68 K) with profit before overhead, payroll, taxes, and interest of 30.8 K. | |
| Mining Global currently holds about 47.71 K in cash with (10.71 K) of positive cash flow from operations. |
- Analyzing Mining Global'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 Mining Global's stock is overvalued or undervalued compared to its peers.
- Examining Mining Global'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 Mining Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mining Global's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mining Global's pink sheet. These opinions can provide insight into Mining Global's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Mining Pink Sheet analysis
When running Mining Global's price analysis, check to measure Mining Global'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 Mining Global is operating at the current time. Most of Mining Global's value examination focuses on studying past and present price action to predict the probability of Mining Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mining Global's price. Additionally, you may evaluate how the addition of Mining Global to your portfolios can decrease your overall portfolio volatility.
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