Black Iron Stock Performance
| BKIRF Stock | USD 0.03 0.0006 1.76% |
The firm shows a Beta (market volatility) of -2.72, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Black Iron are expected to decrease by larger amounts. On the other hand, during market turmoil, Black Iron is expected to outperform it. Black Iron has an expected return of -0.24%. Please make sure to confirm Black Iron value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to decide if Black Iron 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 Black Iron has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile 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 | 1.7 M | |
| Total Cashflows From Investing Activities | -1882.00 | |
| Free Cash Flow | -5 M |
Black |
Black Iron Relative Risk vs. Return Landscape
If you would invest 4.60 in Black Iron on January 20, 2024 and sell it today you would lose (1.20) from holding Black Iron or give up 26.09% of portfolio value over 90 days. Black Iron is currently producing negative expected returns and takes up 7.0292% volatility of returns over 90 trading days. Put another way, 62% of traded pink sheets are less volatile than Black, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Black Iron Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Black Iron's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Black Iron, and traders can use it to determine the average amount a Black Iron'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 = -0.0342
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| Negative Returns | BKIRF |
Estimated Market Risk
| 7.03 actual daily | 62 62% of assets are less volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Black Iron 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 Black Iron by adding Black Iron to a well-diversified portfolio.
Black Iron Fundamentals Growth
Black Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Black Iron, and Black Iron 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 Black Pink Sheet performance.
| Return On Equity | -1.26 | |||
| Return On Asset | -0.62 | |||
| Current Valuation | 10.76 M | |||
| Shares Outstanding | 303.8 M | |||
| Price To Earning | (3.50) X | |||
| Price To Book | 11.49 X | |||
| EBITDA | (5.77 M) | |||
| Cash And Equivalents | 2.86 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 47.09 K | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (4.96 M) | |||
| Earnings Per Share | (0.03) X | |||
| Total Asset | 6.39 M | |||
About Black Iron Performance
To evaluate Black Iron 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 Black Iron 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 Black 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 Black Iron market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Black'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.Black Iron Inc. operates as an iron ore exploration and development company. The company was incorporated in 2010 and is headquartered in Toronto, Canada. Black Iron is traded on OTC Exchange in the United States.Things to note about Black Iron performance evaluation
Checking the ongoing alerts about Black Iron for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Black Iron help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Black Iron generated a negative expected return over the last 90 days | |
| Black Iron has high historical volatility and very poor performance | |
| Black Iron has some characteristics of a very speculative penny stock | |
| Black Iron has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (5.83 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Black Iron has accumulated about 2.86 M in cash with (4.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
- Analyzing Black Iron'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 Black Iron's stock is overvalued or undervalued compared to its peers.
- Examining Black Iron'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 Black Iron's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Black Iron's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Black Iron's pink sheet. These opinions can provide insight into Black Iron's 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 Black Iron. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Black Pink Sheet analysis
When running Black Iron's price analysis, check to measure Black Iron'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 Black Iron is operating at the current time. Most of Black Iron's value examination focuses on studying past and present price action to predict the probability of Black Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Black Iron's price. Additionally, you may evaluate how the addition of Black Iron to your portfolios can decrease your overall portfolio volatility.
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