Trigon Metals Stock Performance
| PNTZF Stock | USD 0.12 0.01 7.69% |
The entity has a beta of -0.93, which indicates possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Trigon Metals are expected to decrease slowly. On the other hand, during market turmoil, Trigon Metals is expected to outperform it slightly. Trigon Metals has an expected return of -0.21%. Please make sure to validate Trigon Metals standard deviation, treynor ratio, as well as the relationship between the Treynor Ratio and rate of daily change , to decide if Trigon Metals 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 Trigon Metals has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in May 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 3.3 M | |
| Total Cashflows From Investing Activities | -17.3 M |
Trigon |
Trigon Metals Relative Risk vs. Return Landscape
If you would invest 15.00 in Trigon Metals on January 20, 2024 and sell it today you would lose (3.00) from holding Trigon Metals or give up 20.0% of portfolio value over 90 days. Trigon Metals is currently producing negative expected returns and takes up 5.4288% volatility of returns over 90 trading days. Put another way, 47% of traded pink sheets are less volatile than Trigon, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Trigon Metals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trigon Metals' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Trigon Metals, and traders can use it to determine the average amount a Trigon Metals' 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 = -0.0382
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| Negative Returns | PNTZF |
Estimated Market Risk
| 5.43 actual daily | 48 52% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Trigon Metals 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 Trigon Metals by adding Trigon Metals to a well-diversified portfolio.
Trigon Metals Fundamentals Growth
Trigon Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Trigon Metals, and Trigon Metals 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 Trigon Pink Sheet performance.
| Return On Equity | -1.38 | |||
| Return On Asset | -0.26 | |||
| Operating Margin | (9.81) % | |||
| Current Valuation | 25.96 M | |||
| Shares Outstanding | 174.93 M | |||
| Price To Earning | (2.63) X | |||
| Price To Book | 2.73 X | |||
| Price To Sales | 23.03 X | |||
| EBITDA | (6.85 M) | |||
| Cash And Equivalents | 384.2 K | |||
| Total Debt | 2.09 M | |||
| Debt To Equity | 1.11 % | |||
| Book Value Per Share | 0.05 X | |||
| Cash Flow From Operations | (3.34 M) | |||
| Earnings Per Share | (0.03) X | |||
| Total Asset | 22.67 M | |||
About Trigon Metals Performance
To evaluate Trigon Metals 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 Trigon Metals 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 Trigon 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 Trigon Metals market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Trigon'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.Trigon Metals Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and maintenance of mines and mineral properties in the African continent. Trigon Metals Inc. was incorporated in 2005 and is headquartered in Toronto, Canada. Kombat Copper is traded on OTC Exchange in the United States.Things to note about Trigon Metals performance evaluation
Checking the ongoing alerts about Trigon Metals for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Trigon Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Trigon Metals generated a negative expected return over the last 90 days | |
| Trigon Metals has high historical volatility and very poor performance | |
| Trigon Metals has some characteristics of a very speculative penny stock | |
| The company has accumulated 2.09 M in total debt with debt to equity ratio (D/E) of 1.11, which is about average as compared to similar companies. Trigon Metals has a current ratio of 0.24, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Trigon Metals until it has trouble settling it off, either with new capital or with free cash flow. So, Trigon Metals' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Trigon Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Trigon to invest in growth at high rates of return. When we think about Trigon Metals' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (6.51 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Trigon Metals has accumulated about 384.2 K in cash with (3.34 M) of positive cash flow from operations. | |
| Roughly 24.0% of Trigon Metals outstanding shares are owned by corporate insiders |
- Analyzing Trigon Metals' 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 Trigon Metals' stock is overvalued or undervalued compared to its peers.
- Examining Trigon Metals' 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 Trigon Metals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Trigon Metals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Trigon Metals' pink sheet. These opinions can provide insight into Trigon Metals' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Trigon Metals. 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 Trigon Metals information on this page should be used as a complementary analysis to other Trigon Metals' 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Trigon Pink Sheet analysis
When running Trigon Metals' price analysis, check to measure Trigon Metals' 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 Trigon Metals is operating at the current time. Most of Trigon Metals' value examination focuses on studying past and present price action to predict the probability of Trigon Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trigon Metals' price. Additionally, you may evaluate how the addition of Trigon Metals to your portfolios can decrease your overall portfolio volatility.
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