Metalex Ventures Stock Performance
| MTX Stock | CAD 0.02 0.00 0.00% |
On a scale of 0 to 100, Metalex Ventures holds a performance score of 3. The company secures a Beta (Market Risk) of -1.88, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Metalex Ventures are expected to decrease by larger amounts. On the other hand, during market turmoil, Metalex Ventures is expected to outperform it. Please check Metalex Ventures' risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis , to make a quick decision on whether Metalex Ventures' current price movements will revert.
Risk-Adjusted Performance
Insignificant
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Metalex Ventures are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Metalex Ventures showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:2 | Last Split Date 2002-11-06 |
1 | SPTSX composite up nearly 200 points, U.S. stock markets also surge higher - Castanet.net | 01/15/2025 |
2 | TD Bank Group to sell remaining 10.1 per cent stake in Charles Schwab - Castanet.net | 02/10/2025 |
3 | Shopify shares to trade on Nasdaq, moving from New York Stock Exchange - Business News - Castanet.net | 03/18/2025 |
| Begin Period Cash Flow | 2.3 M | |
| Free Cash Flow | -2.4 M |
Metalex |
Metalex Ventures Relative Risk vs. Return Landscape
If you would invest 2.00 in Metalex Ventures on December 21, 2024 and sell it today you would earn a total of 0.00 from holding Metalex Ventures or generate 0.0% return on investment over 90 days. Metalex Ventures is currently producing 0.5556% returns and takes up 11.0497% volatility of returns over 90 trading days. Put another way, 98% of traded stocks are less volatile than Metalex, and 89% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Metalex Ventures Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Metalex Ventures' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Metalex Ventures, and traders can use it to determine the average amount a Metalex Ventures' 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 = 0.0503
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Estimated Market Risk
| 11.05 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Metalex Ventures is performing at about 3% 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 Metalex Ventures by adding it to a well-diversified portfolio.
Metalex Ventures Fundamentals Growth
Metalex Stock prices reflect investors' perceptions of the future prospects and financial health of Metalex Ventures, and Metalex Ventures 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 Metalex Stock performance.
| Return On Equity | 0.0751 | ||||
| Return On Asset | -0.0733 | ||||
| Current Valuation | 5.21 M | ||||
| Shares Outstanding | 276.45 M | ||||
| Price To Earning | 2.67 X | ||||
| Price To Book | 1.12 X | ||||
| EBITDA | (905.14 K) | ||||
| Net Income | (2.57 M) | ||||
| Cash And Equivalents | 406.26 K | ||||
| Total Debt | 2.4 M | ||||
| Current Ratio | 0.12 X | ||||
| Book Value Per Share | 0.02 X | ||||
| Cash Flow From Operations | (2.39 M) | ||||
| Market Capitalization | 5.53 M | ||||
| Total Asset | 6.58 M | ||||
| Retained Earnings | (102.09 M) | ||||
| Working Capital | (1.94 M) | ||||
About Metalex Ventures Performance
Evaluating Metalex Ventures' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Metalex Ventures 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 Metalex Ventures has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 166.2 M | 147.8 M | |
| Return On Tangible Assets | (0.35) | (0.37) | |
| Return On Capital Employed | (0.66) | (0.62) | |
| Return On Assets | (0.35) | (0.37) | |
| Return On Equity | (0.71) | (0.74) |
Things to note about Metalex Ventures performance evaluation
Checking the ongoing alerts about Metalex Ventures for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Metalex Ventures help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Metalex Ventures is way too risky over 90 days horizon | |
| Metalex Ventures has some characteristics of a very speculative penny stock | |
| Metalex Ventures appears to be risky and price may revert if volatility continues | |
| Metalex Ventures has a very high chance of going through financial distress in the upcoming years | |
| Metalex Ventures has accumulated 2.4 M in total debt. Metalex Ventures has a current ratio of 0.12, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Metalex Ventures until it has trouble settling it off, either with new capital or with free cash flow. So, Metalex Ventures' 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 Metalex Ventures sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Metalex to invest in growth at high rates of return. When we think about Metalex Ventures' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.57 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Metalex Ventures has accumulated about 406.26 K in cash with (2.39 M) of positive cash flow from operations. | |
| Roughly 30.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Shopify shares to trade on Nasdaq, moving from New York Stock Exchange - Business News - Castanet.net |
- Analyzing Metalex Ventures' 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 Metalex Ventures' stock is overvalued or undervalued compared to its peers.
- Examining Metalex Ventures' 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 Metalex Ventures' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Metalex Ventures' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Metalex Ventures' stock. These opinions can provide insight into Metalex Ventures' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Metalex Stock Analysis
When running Metalex Ventures' price analysis, check to measure Metalex Ventures' 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 Metalex Ventures is operating at the current time. Most of Metalex Ventures' value examination focuses on studying past and present price action to predict the probability of Metalex Ventures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metalex Ventures' price. Additionally, you may evaluate how the addition of Metalex Ventures to your portfolios can decrease your overall portfolio volatility.