Brinx Resources Stock Performance
| BNXR Stock | USD 0.0001 0.00 0.00% |
The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Brinx Resources are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Brinx Resources has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable basic indicators, Brinx Resources is not utilizing all of its potentials. The latest stock price agitation, may contribute to short-term losses for the retail investors. ...more
| Total Cashflows From Investing Activities | 384.3 K |
Brinx |
Brinx Resources Relative Risk vs. Return Landscape
If you would invest 0.01 in Brinx Resources on January 25, 2024 and sell it today you would earn a total of 0.00 from holding Brinx Resources or generate 0.0% return on investment over 90 days. Brinx Resources is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of pink sheets are less volatile than Brinx, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Brinx Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brinx Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Brinx Resources, and traders can use it to determine the average amount a Brinx 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 = 0.0
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Based on monthly moving average Brinx 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 Brinx Resources by adding Brinx Resources to a well-diversified portfolio.
Brinx Resources Fundamentals Growth
Brinx Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Brinx Resources, and Brinx 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 Brinx Pink Sheet performance.
| Return On Equity | -1.41 | |||
| Return On Asset | -0.32 | |||
| Operating Margin | (12.44) % | |||
| Current Valuation | 639.86 K | |||
| Shares Outstanding | 24.63 M | |||
| Price To Earning | (0.38) X | |||
| Price To Book | 2.30 X | |||
| Price To Sales | 19.78 X | |||
| Revenue | 140.71 K | |||
| EBITDA | (389.88 K) | |||
| Cash And Equivalents | 15.3 K | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (335.15 K) | |||
| Earnings Per Share | (0.05) X | |||
| Total Asset | 1.13 M | |||
| Retained Earnings | (2.61 M) | |||
| Current Asset | 27 K | |||
| Current Liabilities | 5 K | |||
About Brinx Resources Performance
To evaluate Brinx Resources Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Brinx Resources 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 Brinx Pink Sheet'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 Brinx Resources market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Brinx'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.Brinx Resources Ltd., an independent oil and gas company, engages in the exploration, development, and production of oil and natural gas in Oklahoma and California, the United States. The company was founded in 1998 and is headquartered in Denver, Colorado. Brinx Resources operates under Oil Gas Integrated classification in the United States and is traded on OTC Exchange. It employs 3 people.Things to note about Brinx Resources performance evaluation
Checking the ongoing alerts about Brinx Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Brinx Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Brinx Resources generated a negative expected return over the last 90 days | |
| Brinx Resources has some characteristics of a very speculative penny stock | |
| Brinx Resources has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 140.71 K. Net Loss for the year was (474.5 K) with profit before overhead, payroll, taxes, and interest of 97.22 K. | |
| Brinx Resources currently holds about 15.3 K in cash with (335.15 K) of positive cash flow from operations. |
- Analyzing Brinx 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 Brinx Resources' stock is overvalued or undervalued compared to its peers.
- Examining Brinx 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 Brinx Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Brinx Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Brinx Resources' pink sheet. These opinions can provide insight into Brinx Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brinx Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Brinx Pink Sheet analysis
When running Brinx Resources' price analysis, check to measure Brinx 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 Brinx Resources is operating at the current time. Most of Brinx Resources' value examination focuses on studying past and present price action to predict the probability of Brinx Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brinx Resources' price. Additionally, you may evaluate how the addition of Brinx Resources to your portfolios can decrease your overall portfolio volatility.
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