Polymet Mining Corp Alpha and Beta Analysis
| PLMDelisted Stock | USD 2.10 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Polymet Mining Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Polymet Mining over a specified time horizon. Remember, high Polymet Mining's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Polymet Mining's market risk premium analysis include:
Beta 0.0 | Alpha 0.0 | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Polymet |
Polymet Mining Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Polymet Mining market risk premium is the additional return an investor will receive from holding Polymet Mining long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Polymet Mining. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Polymet Mining's performance over market.| α | 0.00 | β | 0.00 |
Polymet Mining Fundamentals Vs Peers
Comparing Polymet Mining's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Polymet Mining's direct or indirect competition across all of the common fundamentals between Polymet Mining and the related equities. This way, we can detect undervalued stocks with similar characteristics as Polymet Mining or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Polymet Mining's fundamental indicators could also be used in its relative valuation, which is a method of valuing Polymet Mining by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Polymet Mining to competition |
| Fundamentals | Polymet Mining | Peer Average |
| Return On Equity | -0.0588 | -0.31 |
| Return On Asset | -0.0208 | -0.14 |
| Current Valuation | 394.42 M | 16.62 B |
| Shares Outstanding | 194.46 M | 571.82 M |
| Shares Owned By Insiders | 82.46 % | 10.09 % |
| Shares Owned By Institutions | 2.72 % | 39.21 % |
| Number Of Shares Shorted | 99.58 K | 4.71 M |
Polymet Mining Opportunities
Polymet Mining Return and Market Media
The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
About Polymet Mining Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Polymet or other delisted stocks. Alpha measures the amount that position in Polymet Mining Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Polymet Mining Upcoming Company Events
As portrayed in its financial statements, the presentation of Polymet Mining's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Polymet Mining's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Polymet Mining's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Polymet Mining. Please utilize our Beneish M Score to check the likelihood of Polymet Mining's management manipulating its earnings.
| 9th of November 2023 Upcoming Quarterly Report | View | |
| 30th of September 2023 Next Fiscal Quarter End | View |
Build Portfolio with Polymet Mining
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Your Equity Center 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 bureau of economic analysis. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Other Consideration for investing in Polymet Stock
If you are still planning to invest in Polymet Mining Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Polymet Mining's history and understand the potential risks before investing.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |