Nine Mile Metals Stock Performance
| VMSXF Stock | USD 0.01 0 50.00% |
The company secures a Beta (Market Risk) of 4.31, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nine Mile will likely underperform. At this point, Nine Mile Metals has a negative expected return of -0.66%. Please make sure to verify Nine Mile's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to decide if Nine Mile Metals performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Nine Mile Metals has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in March 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 947.4 K |
Nine |
Nine Mile Relative Risk vs. Return Landscape
If you would invest 2.18 in Nine Mile Metals on November 29, 2024 and sell it today you would lose (1.13) from holding Nine Mile Metals or give up 51.83% of portfolio value over 90 days. Nine Mile Metals is currently producing negative expected returns and takes up 10.32% volatility of returns over 90 trading days. Put another way, 92% of traded pink sheets are less volatile than Nine, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nine Mile Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nine Mile's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Nine Mile Metals, and traders can use it to determine the average amount a Nine Mile'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 = -0.0643
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| Negative Returns | VMSXF |
Estimated Market Risk
| 10.32 actual daily | 92 92% of assets are less volatile |
Expected Return
| -0.66 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nine Mile 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 Nine Mile by adding Nine Mile to a well-diversified portfolio.
Nine Mile Fundamentals Growth
Nine Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Nine Mile, and Nine Mile 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 Nine Pink Sheet performance.
| Return On Equity | -0.56 | |||
| Return On Asset | -0.34 | |||
| Current Valuation | 11.77 M | |||
| Shares Outstanding | 57.26 M | |||
| Price To Book | 3.89 X | |||
| EBITDA | (1.71 M) | |||
| Cash And Equivalents | 552.36 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 50.37 K | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 0.1 X | |||
| Cash Flow From Operations | (1.33 M) | |||
| Total Asset | 5.25 M | |||
About Nine Mile Performance
By analyzing Nine Mile's fundamental ratios, stakeholders can gain valuable insights into Nine Mile's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nine Mile 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 Nine Mile has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Nine Mile Metals Ltd. engages in the acquisition, development, and exploration of mineral properties. Nine Mile Metals Ltd. was incorporated in 2018 and is headquartered in Vancouver, Canada. Nine Mile is traded on OTC Exchange in the United States.Things to note about Nine Mile Metals performance evaluation
Checking the ongoing alerts about Nine Mile for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Nine Mile Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nine Mile Metals generated a negative expected return over the last 90 days | |
| Nine Mile Metals has high historical volatility and very poor performance | |
| Nine Mile Metals has some characteristics of a very speculative penny stock | |
| Nine Mile Metals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.72 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Nine Mile Metals has accumulated about 552.36 K in cash with (1.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 40.0% of the company outstanding shares are owned by insiders |
- Analyzing Nine Mile'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 Nine Mile's stock is overvalued or undervalued compared to its peers.
- Examining Nine Mile'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 Nine Mile's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nine Mile's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nine Mile's pink sheet. These opinions can provide insight into Nine Mile's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Nine Pink Sheet analysis
When running Nine Mile's price analysis, check to measure Nine Mile'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 Nine Mile is operating at the current time. Most of Nine Mile's value examination focuses on studying past and present price action to predict the probability of Nine Mile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nine Mile's price. Additionally, you may evaluate how the addition of Nine Mile to your portfolios can decrease your overall portfolio volatility.
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