Jaxon Mining Stock Performance
| JAX Stock | CAD 0.02 0.01 100.00% |
Jaxon Mining holds a performance score of 11 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.84, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Jaxon Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jaxon Mining is expected to be smaller as well. Use Jaxon Mining treynor ratio, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to analyze future returns on Jaxon Mining.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Jaxon Mining are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, Jaxon Mining showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 125:100 | Last Split Date 2017-08-30 |
1 | Jaxon Mining Mega Drain Visit us at PDAC 2024 Convention in Toronto this March at Booth 2704 - The Globe and Mail | 02/26/2024 |
| Begin Period Cash Flow | 35.5 K | |
| Total Cashflows From Investing Activities | -168.1 K |
Jaxon |
Jaxon Mining Relative Risk vs. Return Landscape
If you would invest 1.00 in Jaxon Mining on January 25, 2024 and sell it today you would earn a total of 1.00 from holding Jaxon Mining or generate 100.0% return on investment over 90 days. Jaxon Mining is currently producing 4.0323% returns and takes up 27.6073% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Jaxon, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Jaxon Mining Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jaxon Mining's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Jaxon Mining, and traders can use it to determine the average amount a Jaxon Mining'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 = 0.1461
| Best Portfolio | Best Equity | JAX | ||
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Estimated Market Risk
| 27.61 actual daily | 96 96% of assets are less volatile |
Expected Return
| 4.03 actual daily | 79 79% of assets have lower returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Jaxon Mining is performing at about 11% 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 Jaxon Mining by adding it to a well-diversified portfolio.
Jaxon Mining Fundamentals Growth
Jaxon Stock prices reflect investors' perceptions of the future prospects and financial health of Jaxon Mining, and Jaxon Mining 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 Jaxon Stock performance.
| Return On Equity | -0.0818 | ||||
| Return On Asset | -0.0402 | ||||
| Current Valuation | 2.55 M | ||||
| Shares Outstanding | 168 M | ||||
| Price To Earning | (8.14) X | ||||
| Price To Book | 0.40 X | ||||
| EBITDA | (555.28 K) | ||||
| Net Income | (644.84 K) | ||||
| Cash And Equivalents | 1.32 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 50 K | ||||
| Debt To Equity | 1.10 % | ||||
| Book Value Per Share | 0.04 X | ||||
| Cash Flow From Operations | 83.86 K | ||||
| Total Asset | 8.08 M | ||||
| Retained Earnings | (14.63 M) | ||||
About Jaxon Mining Performance
To evaluate Jaxon Mining 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 Jaxon Mining 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 Jaxon 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 Jaxon Mining market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Jaxon'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.Jaxon Mining Inc. operates as a mineral exploration and development company in Canada. Jaxon Mining Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada. JAXON MINING operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.Things to note about Jaxon Mining performance evaluation
Checking the ongoing alerts about Jaxon Mining for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Jaxon Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Jaxon Mining is way too risky over 90 days horizon | |
| Jaxon Mining has some characteristics of a very speculative penny stock | |
| Jaxon Mining appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (644.84 K) with profit before overhead, payroll, taxes, and interest of 0. |
- Analyzing Jaxon Mining'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 Jaxon Mining's stock is overvalued or undervalued compared to its peers.
- Examining Jaxon Mining'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 Jaxon Mining's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Jaxon Mining's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Jaxon Mining's stock. These opinions can provide insight into Jaxon Mining's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jaxon Mining. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Jaxon Stock analysis
When running Jaxon Mining's price analysis, check to measure Jaxon Mining'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 Jaxon Mining is operating at the current time. Most of Jaxon Mining's value examination focuses on studying past and present price action to predict the probability of Jaxon Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jaxon Mining's price. Additionally, you may evaluate how the addition of Jaxon Mining to your portfolios can decrease your overall portfolio volatility.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
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