Royal Canadian Mint Stock Performance
| MNT-U Stock | USD 27.09 0.00 0.00% |
On a scale of 0 to 100, ROYAL CANADIAN holds a performance score of 8. The company holds a Beta of -0.12, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ROYAL CANADIAN are expected to decrease at a much lower rate. During the bear market, ROYAL CANADIAN is likely to outperform the market. Please check ROYAL CANADIAN's downside variance, as well as the relationship between the kurtosis and relative strength index , to make a quick decision on whether ROYAL CANADIAN's historical price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in ROYAL CANADIAN MINT are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively unfluctuating basic indicators, ROYAL CANADIAN unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
ROYAL |
ROYAL CANADIAN Relative Risk vs. Return Landscape
If you would invest 2,601 in ROYAL CANADIAN MINT on September 4, 2024 and sell it today you would earn a total of 108.00 from holding ROYAL CANADIAN MINT or generate 4.15% return on investment over 90 days. ROYAL CANADIAN MINT is generating 0.2141% of daily returns and assumes 2.0689% volatility on return distribution over the 90 days horizon. Simply put, 18% of stocks are less volatile than ROYAL, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ROYAL CANADIAN Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ROYAL CANADIAN's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ROYAL CANADIAN MINT, and traders can use it to determine the average amount a ROYAL CANADIAN'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 = 0.1035
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Estimated Market Risk
| 2.07 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average ROYAL CANADIAN is performing at about 8% 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 ROYAL CANADIAN by adding it to a well-diversified portfolio.
About ROYAL CANADIAN Performance
Assessing ROYAL CANADIAN's fundamental ratios provides investors with valuable insights into ROYAL CANADIAN's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the ROYAL CANADIAN 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.
ROYAL CANADIAN is entity of Canada. It is traded as Stock on TO exchange.Things to note about ROYAL CANADIAN MINT performance evaluation
Checking the ongoing alerts about ROYAL CANADIAN for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ROYAL CANADIAN MINT help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ROYAL CANADIAN MINT is not yet fully synchronised with the market data |
- Analyzing ROYAL CANADIAN'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 ROYAL CANADIAN's stock is overvalued or undervalued compared to its peers.
- Examining ROYAL CANADIAN'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 ROYAL CANADIAN's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ROYAL CANADIAN's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ROYAL CANADIAN's stock. These opinions can provide insight into ROYAL CANADIAN's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for ROYAL Stock Analysis
When running ROYAL CANADIAN's price analysis, check to measure ROYAL CANADIAN'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 ROYAL CANADIAN is operating at the current time. Most of ROYAL CANADIAN's value examination focuses on studying past and present price action to predict the probability of ROYAL CANADIAN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ROYAL CANADIAN's price. Additionally, you may evaluate how the addition of ROYAL CANADIAN to your portfolios can decrease your overall portfolio volatility.