Apex Resources Stock Performance

SLMLF Stock  USD 0.05  0.00  0.00%   
Apex Resources holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -2.81, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Apex Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Apex Resources is expected to outperform it. Use Apex Resources coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and rate of daily change , to analyze future returns on Apex Resources.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Apex Resources are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak essential indicators, Apex Resources reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Begin Period Cash Flow149.9 K
Total Cashflows From Investing Activities138.4 K
  

Apex Resources Relative Risk vs. Return Landscape

If you would invest  1.12  in Apex Resources on December 29, 2023 and sell it today you would earn a total of  3.64  from holding Apex Resources or generate 325.0% return on investment over 90 days. Apex Resources is currently producing 5.3279% returns and takes up 41.612% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Apex, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days.
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Assuming the 90 days horizon Apex Resources is expected to generate 72.61 times more return on investment than the market. However, the company is 72.61 times more volatile than its market benchmark. It trades about 0.13 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.23 per unit of risk.

Apex Resources Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Apex Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Apex Resources, and traders can use it to determine the average amount a Apex 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 = 0.128

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Estimated Market Risk

 41.61
  actual daily
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96% of assets are less volatile

Expected Return

 5.08
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96% of assets have lower returns

Risk-Adjusted Return

 0.13
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91% of assets perform better
Based on monthly moving average Apex Resources is performing at about 9% 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 Apex Resources by adding it to a well-diversified portfolio.

Apex Resources Fundamentals Growth

Apex Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Apex Resources, and Apex 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 Apex Pink Sheet performance.

About Apex Resources Performance

To evaluate Apex 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 Apex 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 Apex 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 Apex Resources market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Apex'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.
Apex Resources Inc., an exploration stage company, engages in the exploration and evaluation of mineral properties in Canada. The company was formerly known as Sultan Minerals Inc. and changed its name to Apex Resources Inc. in July 2016. Apex Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.

Things to note about Apex Resources performance evaluation

Checking the ongoing alerts about Apex Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Apex Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Apex Resources is way too risky over 90 days horizon
Apex Resources has some characteristics of a very speculative penny stock
Apex Resources appears to be risky and price may revert if volatility continues
Apex Resources has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (414.84 K) with profit before overhead, payroll, taxes, and interest of 0.
Apex Resources has accumulated about 479.84 K in cash with (265.85 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Evaluating Apex Resources' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Apex Resources' pink sheet performance include:
  • Analyzing Apex 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 Apex Resources' stock is overvalued or undervalued compared to its peers.
  • Examining Apex 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 Apex Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Apex Resources' management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Apex Resources' pink sheet. These opinions can provide insight into Apex Resources' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Apex Resources' pink sheet performance is not an exact science, and many factors can impact Apex Resources' pink sheet market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Apex 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 bureau of economic analysis.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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When running Apex Resources' price analysis, check to measure Apex 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 Apex Resources is operating at the current time. Most of Apex Resources' value examination focuses on studying past and present price action to predict the probability of Apex Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apex Resources' price. Additionally, you may evaluate how the addition of Apex Resources to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Apex Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Apex Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apex Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.