Ngex Minerals Stock Performance
| NGXXF Stock | USD 8.86 0.07 0.80% |
On a scale of 0 to 100, NGEx Minerals holds a performance score of 11. The company secures a Beta (Market Risk) of 0.2, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NGEx Minerals' returns are expected to increase less than the market. However, during the bear market, the loss of holding NGEx Minerals is expected to be smaller as well. Please check NGEx Minerals' potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether NGEx Minerals' current price movements will revert.
Risk-Adjusted Performance
11 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in NGEx Minerals are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, NGEx Minerals reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (1.34) | Five Day Return (4.34) | Year To Date Return 46.83 | Ten Year Return 3.9 K | All Time Return 3.9 K |
| Begin Period Cash Flow | 898.8 K | |
| Total Cashflows From Investing Activities | -125.8 K |
NGEx |
NGEx Minerals Relative Risk vs. Return Landscape
If you would invest 739.00 in NGEx Minerals on August 31, 2024 and sell it today you would earn a total of 147.00 from holding NGEx Minerals or generate 19.89% return on investment over 90 days. NGEx Minerals is currently producing 0.3057% returns and takes up 2.1137% volatility of returns over 90 trading days. Put another way, 18% of traded otc stocks are less volatile than NGEx, and 94% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
NGEx Minerals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NGEx Minerals' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as NGEx Minerals, and traders can use it to determine the average amount a NGEx Minerals' 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 = 0.1446
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | NGXXF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.11 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average NGEx Minerals is performing at about 11% 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 NGEx Minerals by adding it to a well-diversified portfolio.
NGEx Minerals Fundamentals Growth
NGEx OTC Stock prices reflect investors' perceptions of the future prospects and financial health of NGEx Minerals, and NGEx Minerals 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 NGEx OTC Stock performance.
| Return On Equity | -20.54 | |||
| Return On Asset | -3.51 | |||
| Current Valuation | 369.47 M | |||
| Shares Outstanding | 172.04 M | |||
| Price To Book | 413.79 X | |||
| EBITDA | (5.31 M) | |||
| Cash And Equivalents | 6.83 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 2.69 M | |||
| Debt To Equity | 2.06 % | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (4.03 M) | |||
| Earnings Per Share | (0.07) X | |||
| Total Asset | 25.73 M | |||
About NGEx Minerals Performance
By analyzing NGEx Minerals' fundamental ratios, stakeholders can gain valuable insights into NGEx Minerals' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NGEx Minerals 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 NGEx Minerals has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
NGEx Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties in Chile and Argentina. The company was incorporated in 2019 and is headquartered in Vancouver, Canada. Ngex Minerals operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about NGEx Minerals performance evaluation
Checking the ongoing alerts about NGEx Minerals for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for NGEx Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Net Loss for the year was (5.46 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| NGEx Minerals has accumulated about 6.83 M in cash with (4.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 36.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing NGEx Minerals' 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 NGEx Minerals' stock is overvalued or undervalued compared to its peers.
- Examining NGEx Minerals' 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 NGEx Minerals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of NGEx Minerals' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of NGEx Minerals' otc stock. These opinions can provide insight into NGEx Minerals' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for NGEx OTC Stock analysis
When running NGEx Minerals' price analysis, check to measure NGEx Minerals' 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 NGEx Minerals is operating at the current time. Most of NGEx Minerals' value examination focuses on studying past and present price action to predict the probability of NGEx Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NGEx Minerals' price. Additionally, you may evaluate how the addition of NGEx Minerals to your portfolios can decrease your overall portfolio volatility.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |