Mcchip Resources Stock Analysis

McChip Stock Analysis Notes

About 58.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.43. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. McChip Resources last dividend was issued on the 24th of January 2024. McChip Resources Inc. operates in the natural resource industry in Canada. McChip Resources Inc. was incorporated in 1935 and is based in Toronto, Canada. Mcchip Resources is traded on Commodity Exchange in Exotistan. To find out more about McChip Resources contact Richard McCloskey at 416 364 2173.

McChip Resources Investment Alerts

McChip Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.28 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate McChip Resources's market, we take the total number of its shares issued and multiply it by McChip Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

McChip Profitablity

The company has Profit Margin (PM) of 0.77 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.89 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.89.

Management Efficiency

McChip Resources has return on total asset (ROA) of 0.1701 % which means that it generated a profit of $0.1701 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3435 %, meaning that it generated $0.3435 on every $100 dollars invested by stockholders. McChip Resources' management efficiency ratios could be used to measure how well McChip Resources manages its routine affairs as well as how well it operates its assets and liabilities. At this time, McChip Resources' Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to climb to 0.06 in 2024, despite the fact that Return On Capital Employed is likely to grow to (0.04). At this time, McChip Resources' Non Current Assets Total are fairly stable compared to the past year. Non Currrent Assets Other is likely to climb to about 1.2 M in 2024, whereas Net Tangible Assets are likely to drop slightly above 5.7 M in 2024.

Technical Drivers

As of the 15th of December 2024, McChip Resources owns the Mean Deviation of 1.35, market risk adjusted performance of 0.8907, and Coefficient Of Variation of 727.12. Relative to fundamental indicators, the technical analysis model lets you check available technical drivers of McChip Resources, as well as the relationship between them. Please verify McChip Resources mean deviation, total risk alpha, as well as the relationship between the Total Risk Alpha and skewness to decide if McChip Resources is priced adequately, providing market reflects its prevailing price of 0.75 per share.

McChip Resources Price Movement Analysis

McChip Resources Outstanding Bonds

McChip Resources Predictive Daily Indicators

McChip Resources Forecast Models

McChip Resources' time-series forecasting models are one of many McChip Resources' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary McChip Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how McChip Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling McChip shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as McChip Resources. By using and applying McChip Stock analysis, traders can create a robust methodology for identifying McChip entry and exit points for their positions.

When running McChip Resources' price analysis, check to measure McChip 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 McChip Resources is operating at the current time. Most of McChip Resources' value examination focuses on studying past and present price action to predict the probability of McChip Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McChip Resources' price. Additionally, you may evaluate how the addition of McChip Resources to your portfolios can decrease your overall portfolio volatility.