Surge Battery Metals Stock Performance
| NILI Stock | CAD 0.37 0.01 2.78% |
On a scale of 0 to 100, Surge Battery holds a performance score of 7. The entity has a beta of -0.82, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Surge Battery are expected to decrease at a much lower rate. During the bear market, Surge Battery is likely to outperform the market. Please check Surge Battery's 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 Surge Battery's existing price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Surge Battery Metals are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak essential indicators, Surge Battery showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:10 | Dividend Date 2017-12-11 | Last Split Date 2020-05-25 |
1 | Surge Battery Metals Trading Down 8.6 percent - Time to Sell - MarketBeat | 11/11/2024 |
| Begin Period Cash Flow | 1 M |
Surge |
Surge Battery Relative Risk vs. Return Landscape
If you would invest 30.00 in Surge Battery Metals on September 5, 2024 and sell it today you would earn a total of 7.00 from holding Surge Battery Metals or generate 23.33% return on investment over 90 days. Surge Battery Metals is generating 0.456% of daily returns assuming 5.0744% volatility of returns over the 90 days investment horizon. Simply put, 45% of all stocks have less volatile historical return distribution than Surge Battery, and 91% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Surge Battery Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Surge Battery's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Surge Battery Metals, and traders can use it to determine the average amount a Surge Battery'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 = 0.0899
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Estimated Market Risk
| 5.07 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.46 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Surge Battery is performing at about 7% 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 Surge Battery by adding it to a well-diversified portfolio.
Surge Battery Fundamentals Growth
Surge Stock prices reflect investors' perceptions of the future prospects and financial health of Surge Battery, and Surge Battery 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 Surge Stock performance.
| Return On Equity | -0.67 | ||||
| Return On Asset | -0.41 | ||||
| Current Valuation | 58 M | ||||
| Shares Outstanding | 165.02 M | ||||
| Price To Book | 4.12 X | ||||
| EBITDA | (2.59 M) | ||||
| Net Income | (8.93 M) | ||||
| Cash And Equivalents | 3.5 M | ||||
| Cash Per Share | 0.05 X | ||||
| Total Debt | 201.8 K | ||||
| Current Ratio | 90.09 X | ||||
| Book Value Per Share | 0.10 X | ||||
| Cash Flow From Operations | (3.64 M) | ||||
| Earnings Per Share | (0.06) X | ||||
| Market Capitalization | 61.06 M | ||||
| Total Asset | 16.5 M | ||||
| Retained Earnings | (33.42 M) | ||||
| Working Capital | 6.6 M | ||||
About Surge Battery Performance
Evaluating Surge Battery's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Surge Battery 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 Surge Battery 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 | (0.54) | (0.57) | |
| Return On Capital Employed | (0.55) | (0.52) | |
| Return On Assets | (0.54) | (0.57) | |
| Return On Equity | (0.55) | (0.58) |
Things to note about Surge Battery Metals performance evaluation
Checking the ongoing alerts about Surge Battery for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Surge Battery Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Surge Battery Metals had very high historical volatility over the last 90 days | |
| Surge Battery Metals has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (8.93 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Surge Battery Metals has accumulated about 3.5 M in cash with (3.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| Latest headline from news.google.com: Surge Battery Metals Trading Down 8.6 percent - Time to Sell - MarketBeat |
- Analyzing Surge Battery'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 Surge Battery's stock is overvalued or undervalued compared to its peers.
- Examining Surge Battery'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 Surge Battery's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Surge Battery's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Surge Battery's stock. These opinions can provide insight into Surge Battery's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Surge Stock Analysis
When running Surge Battery's price analysis, check to measure Surge Battery'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 Surge Battery is operating at the current time. Most of Surge Battery's value examination focuses on studying past and present price action to predict the probability of Surge Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Surge Battery's price. Additionally, you may evaluate how the addition of Surge Battery to your portfolios can decrease your overall portfolio volatility.