Irving Resources Stock Performance
| IRVRF Stock | USD 0.20 0.01 5.26% |
The company retains a Market Volatility (i.e., Beta) of -0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Irving Resources are expected to decrease at a much lower rate. During the bear market, Irving Resources is likely to outperform the market. At this point, Irving Resources has a negative expected return of -0.42%. Please make sure to check out Irving Resources' treynor ratio, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Irving Resources performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Irving Resources has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 8.8 M | |
| Total Cashflows From Investing Activities | -5.6 M |
Irving |
Irving Resources Relative Risk vs. Return Landscape
If you would invest 29.00 in Irving Resources on August 27, 2024 and sell it today you would lose (9.00) from holding Irving Resources or give up 31.03% of portfolio value over 90 days. Irving Resources is currently producing negative expected returns and takes up 5.6074% volatility of returns over 90 trading days. Put another way, 49% of traded otc stocks are less volatile than Irving, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Irving Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Irving Resources' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Irving Resources, and traders can use it to determine the average amount a Irving 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 = -0.0756
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | IRVRF |
Estimated Market Risk
| 5.61 actual daily | 49 51% of assets are more volatile |
Expected Return
| -0.42 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Irving Resources is not performing at its full potential. However, 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 Irving Resources by adding Irving Resources to a well-diversified portfolio.
Irving Resources Fundamentals Growth
Irving OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Irving Resources, and Irving 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 Irving OTC Stock performance.
| Return On Equity | -0.0384 | |||
| Return On Asset | -0.0353 | |||
| Current Valuation | 34.92 M | |||
| Shares Outstanding | 72.37 M | |||
| Price To Earning | (26.89) X | |||
| Price To Book | 1.28 X | |||
| EBITDA | (2.69 M) | |||
| Cash And Equivalents | 7.64 M | |||
| Cash Per Share | 0.11 X | |||
| Total Debt | 89.62 K | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 0.69 X | |||
| Cash Flow From Operations | (1.09 M) | |||
| Earnings Per Share | (0.05) X | |||
| Total Asset | 38.39 M | |||
About Irving Resources Performance
By analyzing Irving Resources' fundamental ratios, stakeholders can gain valuable insights into Irving Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Irving 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 Irving Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Irving Resources Inc., a junior exploration stage company, focuses on exploring gold in Japan. The company was incorporated in 2015 and is headquartered in Vancouver, Canada. Irving Resources operates under Gold classification in the United States and is traded on OTC Exchange.Things to note about Irving Resources performance evaluation
Checking the ongoing alerts about Irving Resources for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Irving Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Irving Resources generated a negative expected return over the last 90 days | |
| Irving Resources has high historical volatility and very poor performance | |
| Irving Resources has some characteristics of a very speculative penny stock | |
| Irving Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.82 M) with loss before overhead, payroll, taxes, and interest of (36.19 K). | |
| Irving Resources has accumulated about 7.64 M in cash with (1.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11. | |
| Roughly 51.0% of the company shares are held by company insiders |
- Analyzing Irving 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 Irving Resources' stock is overvalued or undervalued compared to its peers.
- Examining Irving 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 Irving Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Irving Resources' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Irving Resources' otc stock. These opinions can provide insight into Irving Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Irving OTC Stock analysis
When running Irving Resources' price analysis, check to measure Irving 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 Irving Resources is operating at the current time. Most of Irving Resources' value examination focuses on studying past and present price action to predict the probability of Irving Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Irving Resources' price. Additionally, you may evaluate how the addition of Irving Resources to your portfolios can decrease your overall portfolio volatility.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Stocks Directory Find actively traded stocks across global markets | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |