Almaden Minerals Stock Performance

The firm shows a Beta (market volatility) of -0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Almaden Minerals are expected to decrease at a much lower rate. During the bear market, Almaden Minerals is likely to outperform the market. Almaden Minerals has an expected return of -1.79%. Please make sure to confirm Almaden Minerals standard deviation and skewness , to decide if Almaden Minerals performance from the past will be repeated at some point in the near future.

Risk-Adjusted Performance

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Over the last 90 days Almaden Minerals has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fragile performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in May 2024. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
Begin Period Cash Flow1.5 M
  

Almaden Minerals Relative Risk vs. Return Landscape

If you would invest  14.00  in Almaden Minerals on January 24, 2024 and sell it today you would lose (14.00) from holding Almaden Minerals or give up 100.0% of portfolio value over 90 days. Almaden Minerals is generating negative expected returns assuming volatility of 13.9222% on return distribution over 90 days investment horizon. In other words, majority of equities are less volatile than Almaden, and most equities are expected to generate higher returns over the next 90 days.
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Considering the 90-day investment horizon Almaden Minerals is expected to under-perform the market. In addition to that, the company is 22.12 times more volatile than its market benchmark. It trades about -0.13 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.13 per unit of volatility.

Almaden Minerals Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Almaden Minerals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Almaden Minerals, and traders can use it to determine the average amount a Almaden Minerals' 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 = -0.1283

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Estimated Market Risk

 13.92
  actual daily
96
96% of assets are less volatile

Expected Return

 -1.79
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Almaden Minerals 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 Almaden Minerals by adding Almaden Minerals to a well-diversified portfolio.

Almaden Minerals Fundamentals Growth

Almaden Stock prices reflect investors' perceptions of the future prospects and financial health of Almaden Minerals, and Almaden Minerals 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 Almaden Stock performance.

About Almaden Minerals Performance

To evaluate Almaden Minerals Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Almaden Minerals 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 Almaden Stock'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 Almaden Minerals market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Almaden'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.
Last ReportedProjected for Next Year
Days Of Inventory On Hand-3.4 B-3.2 B
Return On Tangible Assets(5.00)(4.75)
Return On Capital Employed(0.39)(0.37)
Return On Assets(5.00)(4.75)
Return On Equity(9.08)(8.63)

Things to note about Almaden Minerals performance evaluation

Checking the ongoing alerts about Almaden Minerals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Almaden Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Almaden Minerals is not yet fully synchronised with the market data
Almaden Minerals generated a negative expected return over the last 90 days
Almaden Minerals has high historical volatility and very poor performance
Almaden Minerals has some characteristics of a very speculative penny stock
Almaden Minerals has a very high chance of going through financial distress in the upcoming years
Reported Net Loss for the year was (63.62 M) with profit before taxes, overhead, and interest of 0.
Almaden Minerals has about 8.09 M in cash with (1.48 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
Almaden Minerals has a frail financial position based on the latest SEC disclosures
Latest headline from finance.yahoo.com: Antilles Gold Full Year 2023 Earnings US0.007 loss per share
Evaluating Almaden Minerals' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Almaden Minerals' stock performance include:
  • Analyzing Almaden Minerals' 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 Almaden Minerals' stock is overvalued or undervalued compared to its peers.
  • Examining Almaden Minerals' 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 Almaden Minerals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Almaden Minerals' management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Almaden Minerals' stock. These opinions can provide insight into Almaden Minerals' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Almaden Minerals' stock performance is not an exact science, and many factors can impact Almaden Minerals' stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
When determining whether Almaden Minerals is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Almaden Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Almaden Minerals Stock. Highlighted below are key reports to facilitate an investment decision about Almaden Minerals Stock:
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Almaden Minerals information on this page should be used as a complementary analysis to other Almaden Minerals' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running Almaden Minerals' price analysis, check to measure Almaden Minerals' 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 Almaden Minerals is operating at the current time. Most of Almaden Minerals' value examination focuses on studying past and present price action to predict the probability of Almaden Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Almaden Minerals' price. Additionally, you may evaluate how the addition of Almaden Minerals to your portfolios can decrease your overall portfolio volatility.
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Is Almaden Minerals' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Almaden Minerals. If investors know Almaden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Almaden Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.07)
Return On Assets
(0.94)
Return On Equity
(1.66)
The market value of Almaden Minerals is measured differently than its book value, which is the value of Almaden that is recorded on the company's balance sheet. Investors also form their own opinion of Almaden Minerals' value that differs from its market value or its book value, called intrinsic value, which is Almaden Minerals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Almaden Minerals' market value can be influenced by many factors that don't directly affect Almaden Minerals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Almaden Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Almaden Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Almaden Minerals' 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.