Mineralrite Corporat Stock Performance
| RITE Stock | USD 0 0.0001 5.00% |
Mineralrite Corporat holds a performance score of 15 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -0.73, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Mineralrite Corporat are expected to decrease at a much lower rate. During the bear market, Mineralrite Corporat is likely to outperform the market. Use Mineralrite Corporat maximum drawdown and the relationship between the semi variance and day typical price , to analyze future returns on Mineralrite Corporat.
Risk-Adjusted Performance
Good
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Mineralrite Corporat are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile basic indicators, Mineralrite Corporat exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
| Total Cashflows From Investing Activities | -109.5 K |
Mineralrite |
Mineralrite Corporat Relative Risk vs. Return Landscape
If you would invest 0.06 in Mineralrite Corporat on December 23, 2024 and sell it today you would earn a total of 0.15 from holding Mineralrite Corporat or generate 250.0% return on investment over 90 days. Mineralrite Corporat is currently generating 3.3596% in daily expected returns and assumes 16.6826% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Mineralrite, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Mineralrite Corporat Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mineralrite Corporat's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Mineralrite Corporat, and traders can use it to determine the average amount a Mineralrite Corporat'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 = 0.2014
| Best Portfolio | Best Equity | |||
| Good Returns | RITE | |||
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| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 16.68 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.36 actual daily | 67 67% of assets have lower returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Mineralrite Corporat is performing at about 15% 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 Mineralrite Corporat by adding it to a well-diversified portfolio.
Mineralrite Corporat Fundamentals Growth
Mineralrite Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Mineralrite Corporat, and Mineralrite Corporat 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 Mineralrite Pink Sheet performance.
| Return On Asset | -0.41 | |||
| Operating Margin | (3.99) % | |||
| Current Valuation | 769.09 K | |||
| Shares Outstanding | 2.33 B | |||
| Price To Sales | 4.56 X | |||
| Revenue | 397.2 K | |||
| EBITDA | (1.71 M) | |||
| Cash And Equivalents | 4.99 K | |||
| Total Debt | 29.82 K | |||
| Debt To Equity | 0.91 % | |||
| Book Value Per Share | (0) X | |||
| Cash Flow From Operations | (369.32 K) | |||
| Earnings Per Share | (0.03) X | |||
| Total Asset | 2.23 M | |||
| Retained Earnings | (15.64 M) | |||
| Current Asset | 1.12 M | |||
| Current Liabilities | 5.24 M | |||
About Mineralrite Corporat Performance
By analyzing Mineralrite Corporat's fundamental ratios, stakeholders can gain valuable insights into Mineralrite Corporat's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Mineralrite Corporat 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 Mineralrite Corporat has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
MineralRite Corporation engages in the acquisition, exploration, and development of mining opportunities in Utah. MineralRite Corporation was incorporated in 1996 and is based in Lindon, Utah. Mineralrite Corporat is traded on OTC Exchange in the United States.Things to note about Mineralrite Corporat performance evaluation
Checking the ongoing alerts about Mineralrite Corporat for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Mineralrite Corporat help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mineralrite Corporat is way too risky over 90 days horizon | |
| Mineralrite Corporat has some characteristics of a very speculative penny stock | |
| Mineralrite Corporat appears to be risky and price may revert if volatility continues | |
| Mineralrite Corporat currently holds 29.82 K in liabilities with Debt to Equity (D/E) ratio of 0.91, which is about average as compared to similar companies. Mineralrite Corporat has a current ratio of 0.21, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Mineralrite Corporat until it has trouble settling it off, either with new capital or with free cash flow. So, Mineralrite Corporat's 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 Mineralrite Corporat sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mineralrite to invest in growth at high rates of return. When we think about Mineralrite Corporat's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 397.2 K. Net Loss for the year was (3.53 M) with profit before overhead, payroll, taxes, and interest of 38.91 K. | |
| Mineralrite Corporat currently holds about 4.99 K in cash with (369.32 K) of positive cash flow from operations. | |
| Roughly 13.0% of Mineralrite Corporat outstanding shares are owned by corporate insiders |
- Analyzing Mineralrite Corporat'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 Mineralrite Corporat's stock is overvalued or undervalued compared to its peers.
- Examining Mineralrite Corporat'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 Mineralrite Corporat's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mineralrite Corporat's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mineralrite Corporat's pink sheet. These opinions can provide insight into Mineralrite Corporat's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Mineralrite Pink Sheet analysis
When running Mineralrite Corporat's price analysis, check to measure Mineralrite Corporat'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 Mineralrite Corporat is operating at the current time. Most of Mineralrite Corporat's value examination focuses on studying past and present price action to predict the probability of Mineralrite Corporat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mineralrite Corporat's price. Additionally, you may evaluate how the addition of Mineralrite Corporat to your portfolios can decrease your overall portfolio volatility.
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