African Metals Stock Performance
| AFR Stock | CAD 0.02 0.01 100.00% |
African Metals holds a performance score of 6 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.81, which signifies 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, African Metals will likely underperform. Use African Metals information ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to analyze future returns on African Metals.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in African Metals are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, African Metals showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:10 | Last Split Date 2014-10-09 |
1 | Billionaires List Africas Richest People In 2024 - Forbes Africa | 02/16/2024 |
2 | South Africa optimistic for tax breaks to kick-start EV industry - MINING.COM - MINING.com | 03/18/2024 |
| Begin Period Cash Flow | 947.2 K | |
| Total Cashflows From Investing Activities | 31.6 K |
African |
African Metals Relative Risk vs. Return Landscape
If you would invest 1.50 in African Metals on February 4, 2024 and sell it today you would earn a total of 0.50 from holding African Metals or generate 33.33% return on investment over 90 days. African Metals is currently producing 1.3228% returns and takes up 15.3518% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than African, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
African Metals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for African Metals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as African Metals, and traders can use it to determine the average amount a African 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 = 0.0862
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Estimated Market Risk
| 15.35 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.32 actual daily | 26 74% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average African Metals is performing at about 6% 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 African Metals by adding it to a well-diversified portfolio.
African Metals Fundamentals Growth
African Stock prices reflect investors' perceptions of the future prospects and financial health of African Metals, and African 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 African Stock performance.
| Return On Equity | -1.21 | ||||
| Return On Asset | -0.62 | ||||
| Current Valuation | 203.34 K | ||||
| Shares Outstanding | 18.04 M | ||||
| Price To Book | 0.81 X | ||||
| Price To Sales | 0.64 X | ||||
| EBITDA | (534.19 K) | ||||
| Net Income | (541.07 K) | ||||
| Cash And Equivalents | 19.46 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 6.4 M | ||||
| Debt To Equity | 0.62 % | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | (538.21 K) | ||||
| Earnings Per Share | (0.02) X | ||||
| Total Asset | 469.41 K | ||||
| Retained Earnings | (31.75 M) | ||||
About African Metals Performance
To evaluate African Metals Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when African Metals generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare African Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand African Metals market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents African's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.African Metals Corporationration, an exploration stage company, engages in the exploration and development of natural resource properties in the Democratic Republic of the Congo.Things to note about African Metals performance evaluation
Checking the ongoing alerts about African Metals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for African Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| African Metals is way too risky over 90 days horizon | |
| African Metals has some characteristics of a very speculative penny stock | |
| African Metals appears to be risky and price may revert if volatility continues | |
| African Metals has high likelihood to experience some financial distress in the next 2 years | |
| The company has accumulated 6.4 M in total debt with debt to equity ratio (D/E) of 0.62, which is about average as compared to similar companies. African Metals has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist African Metals until it has trouble settling it off, either with new capital or with free cash flow. So, African Metals' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like African Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for African to invest in growth at high rates of return. When we think about African Metals' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (541.07 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| African Metals has accumulated about 19.46 K in cash with (538.21 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 39.0% of African Metals shares are held by company insiders |
- Analyzing African 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 African Metals' stock is overvalued or undervalued compared to its peers.
- Examining African 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 African Metals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of African Metals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of African Metals' stock. These opinions can provide insight into African Metals' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in African Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for African Stock analysis
When running African Metals' price analysis, check to measure African 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 African Metals is operating at the current time. Most of African Metals' value examination focuses on studying past and present price action to predict the probability of African Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move African Metals' price. Additionally, you may evaluate how the addition of African Metals to your portfolios can decrease your overall portfolio volatility.
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