Aztec Minerals Corp Stock Performance
| AZT Stock | CAD 0.20 0.01 4.76% |
On a scale of 0 to 100, Aztec Minerals holds a performance score of 6. The firm shows a Beta (market volatility) of -0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Aztec Minerals are expected to decrease at a much lower rate. During the bear market, Aztec Minerals is likely to outperform the market. Please check Aztec Minerals' maximum drawdown and the relationship between the semi variance and price action indicator , to make a quick decision on whether Aztec Minerals' price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Aztec Minerals Corp are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unfluctuating basic indicators, Aztec Minerals showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Aztec Minerals drills 0.42 gt gold over 57 metres at Cervantes, Mexico Resource World Magazine - Resource World Magazine | 01/30/2024 |
2 | Closing Bell Aztec Minerals Corp up on Monday - The Globe and Mail | 04/03/2024 |
3 | Aztec Minerals Corp. Presents in Red Clouds Virtual Webinar Series - Fort Saskatchewan Record | 04/15/2024 |
| Begin Period Cash Flow | 1.6 M | |
| Free Cash Flow | -4 M |
Aztec |
Aztec Minerals Relative Risk vs. Return Landscape
If you would invest 16.00 in Aztec Minerals Corp on January 25, 2024 and sell it today you would earn a total of 4.00 from holding Aztec Minerals Corp or generate 25.0% return on investment over 90 days. Aztec Minerals Corp is currently producing 0.5118% returns and takes up 5.7258% volatility of returns over 90 trading days. Put another way, 50% of traded stocks are less volatile than Aztec, and 90% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Aztec Minerals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aztec Minerals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Aztec Minerals Corp, and traders can use it to determine the average amount a Aztec 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 = 0.0894
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Estimated Market Risk
| 5.73 actual daily | 50 50% of assets are less volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Aztec Minerals is performing at about 6% 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 Aztec Minerals by adding it to a well-diversified portfolio.
Aztec Minerals Fundamentals Growth
Aztec Stock prices reflect investors' perceptions of the future prospects and financial health of Aztec Minerals, and Aztec 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 Aztec Stock performance.
| Return On Equity | -0.14 | |||
| Return On Asset | -0.0563 | |||
| Current Valuation | 20.07 M | |||
| Shares Outstanding | 109.03 M | |||
| Price To Book | 2.00 X | |||
| Gross Profit | (28.09 K) | |||
| EBITDA | (1.73 M) | |||
| Net Income | (1.74 M) | |||
| Cash And Equivalents | 346.81 K | |||
| Cash Per Share | 0.01 X | |||
| Book Value Per Share | 0.12 X | |||
| Cash Flow From Operations | (872.83 K) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 10.98 M | |||
| Retained Earnings | (8.98 M) | |||
About Aztec Minerals Performance
To evaluate Aztec Minerals Corp 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 Aztec 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 Aztec 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 Aztec Minerals Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Aztec'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.Aztec Minerals Corp. engages in the exploration of mineral resources in Canada, Mexico, and the United States. The company was incorporated in 2007 and is headquartered in Vancouver, Canada. AZTEC MINERALS operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.Things to note about Aztec Minerals Corp performance evaluation
Checking the ongoing alerts about Aztec Minerals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Aztec Minerals Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Aztec Minerals Corp is way too risky over 90 days horizon | |
| Aztec Minerals Corp has some characteristics of a very speculative penny stock | |
| Aztec Minerals Corp appears to be risky and price may revert if volatility continues | |
| Aztec Minerals Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.74 M) with loss before overhead, payroll, taxes, and interest of (28.09 K). | |
| Aztec Minerals Corp has accumulated about 346.81 K in cash with (872.83 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 26.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Aztec Minerals Corp. Presents in Red Clouds Virtual Webinar Series - Fort Saskatchewan Record |
- Analyzing Aztec 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 Aztec Minerals' stock is overvalued or undervalued compared to its peers.
- Examining Aztec 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 Aztec Minerals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Aztec Minerals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Aztec Minerals' stock. These opinions can provide insight into Aztec Minerals' 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 Aztec Minerals Corp. 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 AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Aztec Stock analysis
When running Aztec Minerals' price analysis, check to measure Aztec 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 Aztec Minerals is operating at the current time. Most of Aztec Minerals' value examination focuses on studying past and present price action to predict the probability of Aztec Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aztec Minerals' price. Additionally, you may evaluate how the addition of Aztec Minerals to your portfolios can decrease your overall portfolio volatility.
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