Tonopah Financial Statements From 2010 to 2025
TODM Stock | USD 0.15 0.00 0.00% |
Check Tonopah Divide financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tonopah Divide's main balance sheet or income statement drivers, such as , as well as many indicators such as . Tonopah financial statements analysis is a perfect complement when working with Tonopah Divide Valuation or Volatility modules.
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Tonopah Divide Mining Company Beta Analysis
Tonopah Divide's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Tonopah Divide Beta | 4.07 |
Most of Tonopah Divide's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tonopah Divide Mining is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Tonopah Divide Mining has a Beta of 4.07. This is 367.82% higher than that of the Basic Materials sector and notably higher than that of the Gold industry. The beta for all United States stocks is notably lower than that of the firm.
About Tonopah Divide Financial Statements
Tonopah Divide investors utilize fundamental indicators, such as revenue or net income, to predict how Tonopah Pink Sheet might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Tonopah Divide Mining Co. operates as a gold mining company in the United States. Tonopah Divide Mining Co. is based in Greenville, California. Tonopah Divide is traded on OTC Exchange in the United States.
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Tonopah Divide financial ratios help investors to determine whether Tonopah Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tonopah with respect to the benefits of owning Tonopah Divide security.