Atex Resources Stock Performance
| ECRTF Stock | USD 1.52 0.14 8.43% |
On a scale of 0 to 100, ATEX Resources holds a performance score of 3. The firm shows a Beta (market volatility) of 0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, ATEX Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding ATEX Resources is expected to be smaller as well. Please check ATEX Resources' information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to make a quick decision on whether ATEX Resources' price patterns will revert.
Risk-Adjusted Performance
Insignificant
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in ATEX Resources are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, ATEX Resources reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 166.1 K |
ATEX |
ATEX Resources Relative Risk vs. Return Landscape
If you would invest 150.00 in ATEX Resources on April 20, 2025 and sell it today you would earn a total of 2.00 from holding ATEX Resources or generate 1.33% return on investment over 90 days. ATEX Resources is currently producing 0.2965% returns and takes up 7.5987% volatility of returns over 90 trading days. Put another way, 68% of traded pink sheets are less volatile than ATEX, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
ATEX Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ATEX Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as ATEX Resources, and traders can use it to determine the average amount a ATEX 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 = 0.039
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Estimated Market Risk
| 7.6 actual daily | 68 68% of assets are less volatile |
Expected Return
| 0.3 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average ATEX 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 ATEX Resources by adding it to a well-diversified portfolio.
ATEX Resources Fundamentals Growth
ATEX Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of ATEX Resources, and ATEX 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 ATEX Pink Sheet performance.
| Return On Equity | -0.15 | |||
| Return On Asset | -0.11 | |||
| Current Valuation | 72.88 M | |||
| Shares Outstanding | 144.83 M | |||
| Price To Earning | 2.00 X | |||
| Price To Book | 8.01 X | |||
| EBITDA | (2.62 M) | |||
| Cash And Equivalents | 4.74 M | |||
| Cash Per Share | 0.04 X | |||
| Debt To Equity | 0.49 % | |||
| Book Value Per Share | 0.21 X | |||
| Cash Flow From Operations | (456.79 K) | |||
| Earnings Per Share | (0.02) X | |||
| Total Asset | 27.82 M | |||
About ATEX Resources Performance
By analyzing ATEX Resources' fundamental ratios, stakeholders can gain valuable insights into ATEX Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ATEX Resources 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 ATEX Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
ATEX Resources Inc. engages in the exploration and evaluation of mineral properties in South America. ATEX Resources Inc. was incorporated in 1981 and is based in Toronto, Canada. Atex Resources is traded on OTC Exchange in the United States.Things to note about ATEX Resources performance evaluation
Checking the ongoing alerts about ATEX Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for ATEX Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ATEX Resources had very high historical volatility over the last 90 days | |
| ATEX Resources may become a speculative penny stock | |
| ATEX Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.29 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| ATEX Resources has accumulated about 4.74 M in cash with (456.79 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 15.0% of the company shares are held by company insiders |
- Analyzing ATEX 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 ATEX Resources' stock is overvalued or undervalued compared to its peers.
- Examining ATEX 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 ATEX Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of ATEX Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ATEX Resources' pink sheet. These opinions can provide insight into ATEX Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for ATEX Pink Sheet analysis
When running ATEX Resources' price analysis, check to measure ATEX 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 ATEX Resources is operating at the current time. Most of ATEX Resources' value examination focuses on studying past and present price action to predict the probability of ATEX Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATEX Resources' price. Additionally, you may evaluate how the addition of ATEX Resources to your portfolios can decrease your overall portfolio volatility.
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