Torq Resources Stock Performance
| TORQ Stock | CAD 0.07 0.01 16.67% |
On a scale of 0 to 100, Torq Resources holds a performance score of 2. The entity has a beta of -1.34, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Torq Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Torq Resources is expected to outperform it. Please check Torq Resources' sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to make a quick decision on whether Torq Resources' existing price patterns will revert.
Risk-Adjusted Performance
2 of 100
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Torq Resources are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Torq Resources showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 2:1 | Last Split Date 2011-09-14 |
1 | Why the Worlds Top MSSPs are Ditching Legacy SOAR for Hyperautomation - MSSP Alert | 10/04/2024 |
2 | Torq Resources Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com | 11/20/2024 |
| Begin Period Cash Flow | 12.5 M |
Torq |
Torq Resources Relative Risk vs. Return Landscape
If you would invest 8.00 in Torq Resources on September 5, 2024 and sell it today you would lose (1.00) from holding Torq Resources or give up 12.5% of portfolio value over 90 days. Torq Resources is generating 0.3129% of daily returns assuming 10.9734% volatility of returns over the 90 days investment horizon. Simply put, 97% of all stocks have less volatile historical return distribution than Torq Resources, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Torq Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Torq Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Torq Resources, and traders can use it to determine the average amount a Torq Resources' 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 = 0.0285
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Estimated Market Risk
| 10.97 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Torq Resources is performing at about 2% 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 Torq Resources by adding it to a well-diversified portfolio.
Torq Resources Fundamentals Growth
Torq Stock prices reflect investors' perceptions of the future prospects and financial health of Torq Resources, and Torq Resources 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 Torq Stock performance.
| Return On Equity | -3.87 | ||||
| Return On Asset | -1.14 | ||||
| Current Valuation | 12.17 M | ||||
| Shares Outstanding | 139.07 M | ||||
| Price To Book | 8.27 X | ||||
| Gross Profit | (256.53 K) | ||||
| EBITDA | (18.42 M) | ||||
| Net Income | (19.21 M) | ||||
| Cash And Equivalents | 11.94 M | ||||
| Cash Per Share | 0.15 X | ||||
| Total Debt | 1.97 M | ||||
| Current Ratio | 48.20 X | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | (16.55 M) | ||||
| Earnings Per Share | (0.09) X | ||||
| Market Capitalization | 9.73 M | ||||
| Total Asset | 4.21 M | ||||
| Retained Earnings | (86.08 M) | ||||
| Working Capital | (114.84 K) | ||||
About Torq Resources Performance
Evaluating Torq Resources' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Torq Resources 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 Torq Resources 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 | ||
| Return On Tangible Assets | (4.57) | (4.34) | |
| Return On Capital Employed | (6.18) | (5.87) | |
| Return On Assets | (4.57) | (4.34) | |
| Return On Equity | (18.51) | (17.58) |
Things to note about Torq Resources performance evaluation
Checking the ongoing alerts about Torq Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Torq Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Torq Resources had very high historical volatility over the last 90 days | |
| Torq Resources has some characteristics of a very speculative penny stock | |
| Torq Resources has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (19.21 M) with loss before overhead, payroll, taxes, and interest of (256.53 K). | |
| Torq Resources has accumulated about 11.94 M in cash with (16.55 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 30.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Torq Resources Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com |
- Analyzing Torq Resources' 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 Torq Resources' stock is overvalued or undervalued compared to its peers.
- Examining Torq Resources' 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 Torq Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Torq Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Torq Resources' stock. These opinions can provide insight into Torq Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Torq Stock Analysis
When running Torq Resources' price analysis, check to measure Torq Resources' 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 Torq Resources is operating at the current time. Most of Torq Resources' value examination focuses on studying past and present price action to predict the probability of Torq Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Torq Resources' price. Additionally, you may evaluate how the addition of Torq Resources to your portfolios can decrease your overall portfolio volatility.