Orestone Mining Corp Stock Performance
| ORS Stock | CAD 0.02 0.01 33.33% |
The company holds a Beta of 3.75, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Orestone Mining will likely underperform. Orestone Mining Corp right now holds a risk of 12.55%. Please check Orestone Mining Corp total risk alpha and the relationship between the skewness and relative strength index , to decide if Orestone Mining Corp will be following its historical price patterns.
Risk-Adjusted Performance
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Over the last 90 days Orestone Mining Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly abnormal basic indicators, Orestone Mining may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
Last Split Factor 1:5 | Dividend Date 2017-08-29 | Last Split Date 2017-08-29 |
1 | Best Stock to Buy Right Now Kinross Gold vs B2Gold - Yahoo Canada Finance | 11/29/2024 |
| Begin Period Cash Flow | 151.3 K |
Orestone |
Orestone Mining Relative Risk vs. Return Landscape
If you would invest 3.00 in Orestone Mining Corp on September 23, 2024 and sell it today you would lose (1.00) from holding Orestone Mining Corp or give up 33.33% of portfolio value over 90 days. Orestone Mining Corp is currently producing 0.1302% returns and takes up 12.5543% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Orestone, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Orestone Mining Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Orestone Mining's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Orestone Mining Corp, and traders can use it to determine the average amount a Orestone 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 = 0.0104
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Estimated Market Risk
| 12.55 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Orestone Mining is not performing at its full potential. However, 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 Orestone Mining by adding Orestone Mining to a well-diversified portfolio.
Orestone Mining Fundamentals Growth
Orestone Stock prices reflect investors' perceptions of the future prospects and financial health of Orestone Mining, and Orestone 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 Orestone Stock performance.
| Return On Equity | -0.0342 | ||||
| Return On Asset | -0.0178 | ||||
| Current Valuation | 1.17 M | ||||
| Shares Outstanding | 61.66 M | ||||
| Price To Earning | (5.56) X | ||||
| Price To Book | 0.40 X | ||||
| Gross Profit | (15.8 K) | ||||
| EBITDA | (217.49 K) | ||||
| Net Income | (221.2 K) | ||||
| Cash And Equivalents | 918 K | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 164.79 K | ||||
| Debt To Equity | 3.70 % | ||||
| Current Ratio | 4.06 X | ||||
| Book Value Per Share | 0.05 X | ||||
| Cash Flow From Operations | (143.5 K) | ||||
| Market Capitalization | 1.23 M | ||||
| Total Asset | 3.21 M | ||||
| Retained Earnings | (9.79 M) | ||||
| Working Capital | (153.94 K) | ||||
About Orestone Mining Performance
Evaluating Orestone Mining's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Orestone Mining 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 Orestone Mining 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 | ||
| Return On Tangible Assets | (0.07) | 0.03 | |
| Return On Capital Employed | (0.07) | (0.04) | |
| Return On Assets | (0.07) | 0.03 | |
| Return On Equity | (0.07) | 0.03 |
Things to note about Orestone Mining Corp performance evaluation
Checking the ongoing alerts about Orestone Mining for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Orestone Mining Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Orestone Mining Corp had very high historical volatility over the last 90 days | |
| Orestone Mining Corp has some characteristics of a very speculative penny stock | |
| Orestone Mining Corp has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (221.2 K) with loss before overhead, payroll, taxes, and interest of (15.8 K). | |
| Orestone Mining Corp has accumulated about 918 K in cash with (143.5 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from news.google.com: Best Stock to Buy Right Now Kinross Gold vs B2Gold - Yahoo Canada Finance |
- Analyzing Orestone 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 Orestone Mining's stock is overvalued or undervalued compared to its peers.
- Examining Orestone 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 Orestone Mining's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Orestone Mining's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Orestone Mining's stock. These opinions can provide insight into Orestone Mining's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Orestone Stock Analysis
When running Orestone Mining's price analysis, check to measure Orestone Mining'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 Orestone Mining is operating at the current time. Most of Orestone Mining's value examination focuses on studying past and present price action to predict the probability of Orestone Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orestone Mining's price. Additionally, you may evaluate how the addition of Orestone Mining to your portfolios can decrease your overall portfolio volatility.