Bitterroot Resources Stock Performance
BITTF Stock | USD 0.01 0.0001 0.66% |
On a scale of 0 to 100, Bitterroot Resources holds a performance score of 3. The firm shows a Beta (market volatility) of -6.19, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Bitterroot Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Bitterroot Resources is expected to outperform it. Please check Bitterroot Resources' value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether Bitterroot Resources' price patterns will revert.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Bitterroot Resources are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Bitterroot Resources reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Begin Period Cash Flow | 17 K | |
Total Cashflows From Investing Activities | -1.1 M |
Bitterroot |
Bitterroot Resources Relative Risk vs. Return Landscape
If you would invest 1.68 in Bitterroot Resources on February 2, 2024 and sell it today you would lose (0.18) from holding Bitterroot Resources or give up 10.71% of portfolio value over 90 days. Bitterroot Resources is currently producing 0.4812% returns and takes up 12.0767% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Bitterroot, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
Risk |
Bitterroot Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bitterroot Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Bitterroot Resources, and traders can use it to determine the average amount a Bitterroot 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 = 0.0398
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Estimated Market Risk
12.08 actual daily | 96 96% of assets are less volatile |
Expected Return
0.48 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Bitterroot Resources is performing at about 3% 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 Bitterroot Resources by adding it to a well-diversified portfolio.
Bitterroot Resources Fundamentals Growth
Bitterroot Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Bitterroot Resources, and Bitterroot 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 Bitterroot Pink Sheet performance.
Return On Equity | -0.0673 | |||
Return On Asset | -0.0363 | |||
Current Valuation | 1.81 M | |||
Shares Outstanding | 92.08 M | |||
Price To Earning | 81.70 X | |||
Price To Book | 0.49 X | |||
EBITDA | (860.59 K) | |||
Cash And Equivalents | 691.03 K | |||
Cash Per Share | 0.01 X | |||
Total Debt | 47.74 K | |||
Debt To Equity | 0.01 % | |||
Book Value Per Share | 0.08 X | |||
Cash Flow From Operations | (470.11 K) | |||
Earnings Per Share | (0.01) X | |||
Total Asset | 6.31 M | |||
About Bitterroot Resources Performance
To evaluate Bitterroot Resources Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Bitterroot Resources 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 Bitterroot Pink Sheet'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 Bitterroot Resources market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Bitterroot'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.Bitterroot Resources Ltd., an exploration stage company, engages in the acquisition, development, exploration, and evaluation of mineral properties in the United States. The company was incorporated in 1951 and is headquartered in West Vancouver, Canada. Bitterroot Resources is traded on OTC Exchange in the United States.Things to note about Bitterroot Resources performance evaluation
Checking the ongoing alerts about Bitterroot Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Bitterroot Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Bitterroot Resources had very high historical volatility over the last 90 days | |
Bitterroot Resources has some characteristics of a very speculative penny stock | |
Net Loss for the year was (883.92 K) with loss before overhead, payroll, taxes, and interest of (11.17 K). | |
Bitterroot Resources has accumulated about 691.03 K in cash with (470.11 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
Roughly 27.0% of the company shares are held by company insiders |
- Analyzing Bitterroot 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 Bitterroot Resources' stock is overvalued or undervalued compared to its peers.
- Examining Bitterroot 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 Bitterroot Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Bitterroot Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Bitterroot Resources' pink sheet. These opinions can provide insight into Bitterroot Resources' 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 Bitterroot Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Bitterroot Pink Sheet analysis
When running Bitterroot Resources' price analysis, check to measure Bitterroot 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 Bitterroot Resources is operating at the current time. Most of Bitterroot Resources' value examination focuses on studying past and present price action to predict the probability of Bitterroot Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bitterroot Resources' price. Additionally, you may evaluate how the addition of Bitterroot Resources to your portfolios can decrease your overall portfolio volatility.
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