Tectonic Metals Stock Performance
| TECT Stock | CAD 0.05 0.01 11.11% |
The entity has a beta of 0.61, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tectonic Metals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Tectonic Metals is expected to be smaller as well. At this point, Tectonic Metals has a negative expected return of -0.13%. Please make sure to validate Tectonic Metals' jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if Tectonic 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 Tectonic Metals has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Stock's fundamental indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 2.6 M |
Tectonic |
Tectonic Metals Relative Risk vs. Return Landscape
If you would invest 6.00 in Tectonic Metals on October 11, 2024 and sell it today you would lose (1.00) from holding Tectonic Metals or give up 16.67% of portfolio value over 90 days. Tectonic Metals is producing return of less than zero assuming 6.0309% volatility of returns over the 90 days investment horizon. Simply put, 53% of all stocks have less volatile historical return distribution than Tectonic Metals, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Tectonic Metals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tectonic Metals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tectonic Metals, and traders can use it to determine the average amount a Tectonic Metals' 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 = -0.0209
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TECT |
Estimated Market Risk
| 6.03 actual daily | 53 53% of assets are less volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tectonic Metals 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 Tectonic Metals by adding Tectonic Metals to a well-diversified portfolio.
Tectonic Metals Fundamentals Growth
Tectonic Stock prices reflect investors' perceptions of the future prospects and financial health of Tectonic Metals, and Tectonic Metals 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 Tectonic Stock performance.
| Return On Equity | -3.28 | ||||
| Return On Asset | -1.68 | ||||
| Current Valuation | 17.42 M | ||||
| Shares Outstanding | 419.85 M | ||||
| Price To Book | 9.89 X | ||||
| EBITDA | (9.54 M) | ||||
| Net Income | (9.6 M) | ||||
| Cash And Equivalents | 8.67 M | ||||
| Cash Per Share | 0.05 X | ||||
| Total Debt | 1.1 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 8.50 X | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | (9.27 M) | ||||
| Earnings Per Share | (0.01) X | ||||
| Market Capitalization | 18.89 M | ||||
| Total Asset | 3.75 M | ||||
| Retained Earnings | (38.79 M) | ||||
| Working Capital | 2 M | ||||
About Tectonic Metals Performance
Evaluating Tectonic Metals' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Tectonic Metals 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 Tectonic Metals 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 | ||
| Days Of Inventory On Hand | 0.01 | 0.01 | |
| Return On Tangible Assets | (2.31) | (2.42) | |
| Return On Capital Employed | (2.77) | (2.91) | |
| Return On Assets | (2.31) | (2.42) | |
| Return On Equity | (3.26) | (3.43) |
Things to note about Tectonic Metals performance evaluation
Checking the ongoing alerts about Tectonic Metals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Tectonic Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tectonic Metals generated a negative expected return over the last 90 days | |
| Tectonic Metals has high historical volatility and very poor performance | |
| Tectonic Metals has some characteristics of a very speculative penny stock | |
| Tectonic Metals has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (9.6 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Tectonic Metals has accumulated about 8.67 M in cash with (9.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. |
- Analyzing Tectonic Metals' 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 Tectonic Metals' stock is overvalued or undervalued compared to its peers.
- Examining Tectonic Metals' 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 Tectonic Metals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tectonic Metals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tectonic Metals' stock. These opinions can provide insight into Tectonic Metals' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Tectonic Stock Analysis
When running Tectonic Metals' price analysis, check to measure Tectonic Metals' 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 Tectonic Metals is operating at the current time. Most of Tectonic Metals' value examination focuses on studying past and present price action to predict the probability of Tectonic Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tectonic Metals' price. Additionally, you may evaluate how the addition of Tectonic Metals to your portfolios can decrease your overall portfolio volatility.