Tng Limited Stock Performance
| TNGZF Stock | USD 0.07 0.01 18.18% |
On a scale of 0 to 100, TNG holds a performance score of 9. The entity has a beta of 0.47, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TNG's returns are expected to increase less than the market. However, during the bear market, the loss of holding TNG is expected to be smaller as well. Please check TNG's standard deviation, skewness, as well as the relationship between the Skewness and day typical price , to make a quick decision on whether TNG'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 TNG Limited are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite nearly unsteady basic indicators, TNG reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 11.4 M | |
| Total Cashflows From Investing Activities | -5.4 M |
TNG |
TNG Relative Risk vs. Return Landscape
If you would invest 5.50 in TNG Limited on April 25, 2025 and sell it today you would earn a total of 1.00 from holding TNG Limited or generate 18.18% return on investment over 90 days. TNG Limited is currently producing 0.2891% returns and takes up 2.3134% volatility of returns over 90 trading days. Put another way, 20% of traded pink sheets are less volatile than TNG, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
TNG Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TNG's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as TNG Limited, and traders can use it to determine the average amount a TNG'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 = 0.125
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Estimated Market Risk
| 2.31 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average TNG 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 TNG by adding it to a well-diversified portfolio.
TNG Fundamentals Growth
TNG Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of TNG, and TNG 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 TNG Pink Sheet performance.
| Return On Equity | -0.073 | |||
| Return On Asset | -0.0443 | |||
| Current Valuation | 67.98 M | |||
| Shares Outstanding | 1.39 B | |||
| Price To Book | 1.34 X | |||
| Price To Sales | 82,099 X | |||
| Revenue | 1 K | |||
| EBITDA | (4.7 M) | |||
| Cash And Equivalents | 14.64 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 111 K | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 0.05 X | |||
| Cash Flow From Operations | (3.26 M) | |||
| Earnings Per Share | (0) X | |||
| Total Asset | 73.4 M | |||
About TNG Performance
By analyzing TNG's fundamental ratios, stakeholders can gain valuable insights into TNG's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if TNG 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 TNG has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
TNG Limited engages in the exploration, evaluation, and development of mineral properties in Australia. TNG Limited was incorporated in 1970 and is based in Subiaco, Australia. Tng operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about TNG Limited performance evaluation
Checking the ongoing alerts about TNG for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for TNG Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| TNG Limited has some characteristics of a very speculative penny stock | |
| TNG Limited has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1 K. Net Loss for the year was (4.89 M) with profit before overhead, payroll, taxes, and interest of 184 K. | |
| TNG Limited has accumulated about 14.64 M in cash with (3.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 35.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing TNG'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 TNG's stock is overvalued or undervalued compared to its peers.
- Examining TNG'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 TNG's management team can have a significant impact on its success or failure. Reviewing the track record and experience of TNG's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of TNG's pink sheet. These opinions can provide insight into TNG's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for TNG Pink Sheet analysis
When running TNG's price analysis, check to measure TNG'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 TNG is operating at the current time. Most of TNG's value examination focuses on studying past and present price action to predict the probability of TNG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TNG's price. Additionally, you may evaluate how the addition of TNG to your portfolios can decrease your overall portfolio volatility.
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