Patriot Battery Metals Stock Performance
| PMETF Stock | USD 1.93 0.23 13.53% |
The company holds a Beta of 1.73, 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, Patriot Battery will likely underperform. At this point, Patriot Battery Metals has a negative expected return of -0.45%. Please make sure to check Patriot Battery's value at risk, accumulation distribution, as well as the relationship between the Accumulation Distribution and day typical price , to decide if Patriot Battery Metals performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Patriot Battery Metals has generated negative risk-adjusted returns adding no value to investors with long positions. Despite uncertain performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 149.6 K | |
| Total Cashflows From Investing Activities | -7.4 M |
Patriot |
Patriot Battery Relative Risk vs. Return Landscape
If you would invest 282.00 in Patriot Battery Metals on September 2, 2024 and sell it today you would lose (89.00) from holding Patriot Battery Metals or give up 31.56% of portfolio value over 90 days. Patriot Battery Metals is currently producing negative expected returns and takes up 5.4308% volatility of returns over 90 trading days. Put another way, 48% of traded otc stocks are less volatile than Patriot, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Patriot Battery Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Patriot Battery's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Patriot Battery Metals, and traders can use it to determine the average amount a Patriot Battery'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 = -0.0824
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| Negative Returns | PMETF |
Estimated Market Risk
| 5.43 actual daily | 48 52% of assets are more volatile |
Expected Return
| -0.45 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Patriot Battery 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 Patriot Battery by adding Patriot Battery to a well-diversified portfolio.
Patriot Battery Fundamentals Growth
Patriot OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Patriot Battery, and Patriot Battery 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 Patriot OTC Stock performance.
| Return On Equity | -0.6 | |||
| Return On Asset | -0.4 | |||
| Current Valuation | 479.31 M | |||
| Shares Outstanding | 92.57 M | |||
| Price To Book | 22.47 X | |||
| EBITDA | (3.88 M) | |||
| Cash And Equivalents | 8.82 M | |||
| Cash Per Share | 0.10 X | |||
| Book Value Per Share | 0.33 X | |||
| Cash Flow From Operations | (3.12 M) | |||
| Earnings Per Share | (0.20) X | |||
| Total Asset | 26.62 M | |||
About Patriot Battery Performance
By analyzing Patriot Battery's fundamental ratios, stakeholders can gain valuable insights into Patriot Battery's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Patriot Battery 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 Patriot Battery has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Patriot Battery Metals Inc. engages in the identification, evaluation, acquisition, and exploration of mineral properties. Patriot Battery Metals Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada. Patriot Battery operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Patriot Battery Metals performance evaluation
Checking the ongoing alerts about Patriot Battery for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Patriot Battery Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Patriot Battery generated a negative expected return over the last 90 days | |
| Patriot Battery has high historical volatility and very poor performance | |
| Patriot Battery may become a speculative penny stock | |
| Patriot Battery has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (3.88 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Patriot Battery Metals has accumulated about 8.82 M in cash with (3.12 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1. |
- Analyzing Patriot Battery'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 Patriot Battery's stock is overvalued or undervalued compared to its peers.
- Examining Patriot Battery'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 Patriot Battery's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Patriot Battery's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Patriot Battery's otc stock. These opinions can provide insight into Patriot Battery's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Patriot OTC Stock analysis
When running Patriot Battery's price analysis, check to measure Patriot Battery'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 Patriot Battery is operating at the current time. Most of Patriot Battery's value examination focuses on studying past and present price action to predict the probability of Patriot Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Patriot Battery's price. Additionally, you may evaluate how the addition of Patriot Battery to your portfolios can decrease your overall portfolio volatility.
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