Proam Explorations Corp Stock Performance
| PMX Stock | CAD 0.04 0.00 0.00% |
The company holds a Beta of -0.34, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ProAm Explorations are expected to decrease at a much lower rate. During the bear market, ProAm Explorations is likely to outperform the market. At this point, ProAm Explorations Corp has a negative expected return of -0.38%. Please make sure to check ProAm Explorations' jensen alpha and rate of daily change , to decide if ProAm Explorations Corp 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 ProAm Explorations Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in February 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
Last Split Factor 1:2 | Dividend Date 2019-10-11 | Last Split Date 2024-05-31 |
| Begin Period Cash Flow | 70 K |
ProAm |
ProAm Explorations Relative Risk vs. Return Landscape
If you would invest 6.00 in ProAm Explorations Corp on October 24, 2024 and sell it today you would lose (2.00) from holding ProAm Explorations Corp or give up 33.33% of portfolio value over 90 days. ProAm Explorations Corp is currently producing negative expected returns and takes up 7.5608% volatility of returns over 90 trading days. Put another way, 67% of traded stocks are less volatile than ProAm, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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ProAm Explorations Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ProAm Explorations' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ProAm Explorations Corp, and traders can use it to determine the average amount a ProAm Explorations' 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 = -0.0506
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Estimated Market Risk
| 7.56 actual daily | 67 67% of assets are less volatile |
Expected Return
| -0.38 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ProAm Explorations 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 ProAm Explorations by adding ProAm Explorations to a well-diversified portfolio.
ProAm Explorations Fundamentals Growth
ProAm Stock prices reflect investors' perceptions of the future prospects and financial health of ProAm Explorations, and ProAm Explorations 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 ProAm Stock performance.
| Return On Equity | -0.28 | ||||
| Return On Asset | -0.19 | ||||
| Operating Margin | 31.44 % | ||||
| Current Valuation | 301.18 K | ||||
| Shares Outstanding | 8.88 M | ||||
| Price To Earning | 25.00 X | ||||
| Price To Book | 0.74 X | ||||
| Price To Sales | 93.65 X | ||||
| Revenue | 6.23 K | ||||
| Gross Profit | (4.63 K) | ||||
| EBITDA | 28.16 K | ||||
| Net Income | (218.31 K) | ||||
| Cash And Equivalents | 13.24 K | ||||
| Total Debt | 49.04 K | ||||
| Debt To Equity | 0.06 % | ||||
| Book Value Per Share | 0.06 X | ||||
| Cash Flow From Operations | (32.58 K) | ||||
| Earnings Per Share | (0.02) X | ||||
| Total Asset | 621.04 K | ||||
| Retained Earnings | (10.26 M) | ||||
About ProAm Explorations Performance
Evaluating ProAm Explorations' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if ProAm Explorations 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 ProAm Explorations 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.
ProAm Explorations Corporation operates as a junior mineral, and oil and natural gas exploration and development company in Canada and the United States. It also holds a 100 percent interest in the Samuel Lake property and an option to acquire a 100 percent interest in the Jet property located in Elko County, Nevada. PROAM EXPLORATIONS is traded on Commodity Exchange in Exotistan.Things to note about ProAm Explorations Corp performance evaluation
Checking the ongoing alerts about ProAm Explorations for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ProAm Explorations Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ProAm Explorations generated a negative expected return over the last 90 days | |
| ProAm Explorations has high historical volatility and very poor performance | |
| ProAm Explorations has some characteristics of a very speculative penny stock | |
| ProAm Explorations has a very high chance of going through financial distress in the upcoming years | |
| ProAm Explorations Corp has accumulated 49.04 K in total debt with debt to equity ratio (D/E) of 0.06, which may suggest the company is not taking enough advantage from borrowing. ProAm Explorations Corp has a current ratio of 0.78, 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 ProAm Explorations until it has trouble settling it off, either with new capital or with free cash flow. So, ProAm Explorations' 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 ProAm Explorations Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ProAm to invest in growth at high rates of return. When we think about ProAm Explorations' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 6.23 K. Net Loss for the year was (218.31 K) with loss before overhead, payroll, taxes, and interest of (4.63 K). | |
| ProAm Explorations Corp has accumulated about 13.24 K in cash with (32.58 K) of positive cash flow from operations. | |
| Roughly 25.0% of ProAm Explorations outstanding shares are owned by corporate insiders |
- Analyzing ProAm Explorations' 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 ProAm Explorations' stock is overvalued or undervalued compared to its peers.
- Examining ProAm Explorations' 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 ProAm Explorations' management team can have a significant impact on its success or failure. Reviewing the track record and experience of ProAm Explorations' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ProAm Explorations' stock. These opinions can provide insight into ProAm Explorations' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for ProAm Stock Analysis
When running ProAm Explorations' price analysis, check to measure ProAm Explorations' 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 ProAm Explorations is operating at the current time. Most of ProAm Explorations' value examination focuses on studying past and present price action to predict the probability of ProAm Explorations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProAm Explorations' price. Additionally, you may evaluate how the addition of ProAm Explorations to your portfolios can decrease your overall portfolio volatility.