Scandium Canada Stock Performance
| SCD Stock | CAD 0.03 0.01 66.67% |
On a scale of 0 to 100, Scandium Canada holds a performance score of 3. The entity has a beta of -2.58, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Scandium Canada are expected to decrease by larger amounts. On the other hand, during market turmoil, Scandium Canada is expected to outperform it. Please check Scandium Canada's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Scandium Canada's existing price patterns will revert.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Scandium Canada are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unfluctuating basic indicators, Scandium Canada showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Scandium Canada Ltd. provides an update on its activities - TheNewswire.ca | 10/21/2024 |
2 | Scandium Canada Spreading the good news Down Under - Mining.com.au | 10/24/2024 |
3 | Scandium Canada Announces Diamond Drilling Results from Crater Lake - Junior Mining Network | 11/21/2024 |
4 | Imperial Mining Announces Grant of Options - Marketscreener.com | 11/22/2024 |
Scandium |
Scandium Canada Relative Risk vs. Return Landscape
If you would invest 3.00 in Scandium Canada on August 31, 2024 and sell it today you would lose (0.50) from holding Scandium Canada or give up 16.67% of portfolio value over 90 days. Scandium Canada is currently producing 0.7527% returns and takes up 15.5198% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Scandium, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Scandium Canada Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Scandium Canada's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Scandium Canada, and traders can use it to determine the average amount a Scandium Canada'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 = 0.0485
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Estimated Market Risk
| 15.52 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.75 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Scandium Canada is performing at about 3% 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 Scandium Canada by adding it to a well-diversified portfolio.
Scandium Canada Fundamentals Growth
Scandium Stock prices reflect investors' perceptions of the future prospects and financial health of Scandium Canada, and Scandium Canada 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 Scandium Stock performance.
| EBITDA | (46.53 K) | ||||
| Cash And Equivalents | 600.1 K | ||||
| Cash Per Share | 0.02 X | ||||
| Debt To Equity | 0.07 % | ||||
| Book Value Per Share | (0) X | ||||
| Cash Flow From Operations | (222.83 K) | ||||
| Earnings Per Share | (0) X | ||||
| Total Asset | 134.32 K | ||||
About Scandium Canada Performance
Evaluating Scandium Canada's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Scandium Canada 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 Scandium Canada 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.
Samoth Oilfield Inc. engages in the development and production of natural gas and natural gas liquids in Western Canada. Samoth Oilfield Inc. was incorporated in 2006 and is based in St. Samoth Oilfield operates under Oil Gas EP classification in Canada and is traded on TSX Venture Exchange.Things to note about Scandium Canada performance evaluation
Checking the ongoing alerts about Scandium Canada for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Scandium Canada help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Scandium Canada is way too risky over 90 days horizon | |
| Scandium Canada has some characteristics of a very speculative penny stock | |
| Scandium Canada appears to be risky and price may revert if volatility continues | |
| Scandium Canada has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (47.28 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Scandium Canada has accumulated about 600.1 K in cash with (222.83 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Latest headline from news.google.com: Imperial Mining Announces Grant of Options - Marketscreener.com |
- Analyzing Scandium Canada'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 Scandium Canada's stock is overvalued or undervalued compared to its peers.
- Examining Scandium Canada'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 Scandium Canada's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Scandium Canada's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Scandium Canada's stock. These opinions can provide insight into Scandium Canada's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Scandium Stock Analysis
When running Scandium Canada's price analysis, check to measure Scandium Canada'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 Scandium Canada is operating at the current time. Most of Scandium Canada's value examination focuses on studying past and present price action to predict the probability of Scandium Canada's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scandium Canada's price. Additionally, you may evaluate how the addition of Scandium Canada to your portfolios can decrease your overall portfolio volatility.