Global Battery Metals Stock Performance
| GBML Stock | CAD 0.04 0.01 11.11% |
The company retains a Market Volatility (i.e., Beta) of -1.73, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Global Battery are expected to decrease by larger amounts. On the other hand, during market turmoil, Global Battery is expected to outperform it. Global Battery Metals has an expected return of -0.55%. Please make sure to check out Global Battery treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Global Battery 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 Global Battery Metals has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's primary indicators remain fairly stable which may send shares a bit higher in May 2024. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
Last Split Factor 1:10 | Last Split Date 2015-09-28 |
1 | International Battery Metals Ltd Running On Positive Developments - Insider Financial | 02/21/2024 |
2 | February was a great month for Wall Street. These were our 5 best-performing stocks - CNBC | 03/01/2024 |
3 | Closing Bell Global Battery Metals Ltd flat on Thursday - The Globe and Mail | 04/22/2024 |
| Begin Period Cash Flow | 1.4 M | |
| Total Cashflows From Investing Activities | -512.1 K |
Global |
Global Battery Relative Risk vs. Return Landscape
If you would invest 7.00 in Global Battery Metals on January 26, 2024 and sell it today you would lose (3.00) from holding Global Battery Metals or give up 42.86% of portfolio value over 90 days. Global Battery Metals is producing return of less than zero assuming 8.3651% volatility of returns over the 90 days investment horizon. Simply put, 74% of all stocks have less volatile historical return distribution than Global Battery, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Global Battery Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Battery's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Global Battery Metals, and traders can use it to determine the average amount a Global Battery'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 = -0.0661
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| Negative Returns | GBML |
Estimated Market Risk
| 8.37 actual daily | 74 74% of assets are less volatile |
Expected Return
| -0.55 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Global Battery 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 Global Battery by adding Global Battery to a well-diversified portfolio.
Global Battery Fundamentals Growth
Global Stock prices reflect investors' perceptions of the future prospects and financial health of Global Battery, and Global Battery 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 Global Stock performance.
| Return On Equity | -0.23 | |||
| Return On Asset | -0.0995 | |||
| Current Valuation | 4.64 M | |||
| Shares Outstanding | 78.54 M | |||
| Price To Book | 0.73 X | |||
| Gross Profit | (64.94 K) | |||
| EBITDA | (1.68 M) | |||
| Net Income | (1.73 M) | |||
| Cash And Equivalents | 748.24 K | |||
| Cash Per Share | 0.02 X | |||
| Current Ratio | 4.59 X | |||
| Book Value Per Share | 0.06 X | |||
| Cash Flow From Operations | (1.14 M) | |||
| Earnings Per Share | (0.03) X | |||
| Market Capitalization | 3.14 M | |||
| Total Asset | 6.96 M | |||
| Retained Earnings | (14.86 M) | |||
| Working Capital | 748.35 K | |||
About Global Battery Performance
To evaluate Global Battery Metals 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 Global Battery 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 Global 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 Global Battery Metals market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Global'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.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.00 | 0.00 | |
| Return On Tangible Assets | (0.22) | (0.23) | |
| Return On Capital Employed | (0.23) | (0.24) | |
| Return On Assets | (0.22) | (0.23) | |
| Return On Equity | (0.35) | (0.37) |
Things to note about Global Battery Metals performance evaluation
Checking the ongoing alerts about Global Battery for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Global Battery Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Global Battery generated a negative expected return over the last 90 days | |
| Global Battery has high historical volatility and very poor performance | |
| Global Battery has some characteristics of a very speculative penny stock | |
| Global Battery has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (1.73 M) with loss before overhead, payroll, taxes, and interest of (64.94 K). | |
| Global Battery Metals has accumulated about 748.24 K in cash with (1.14 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Latest headline from news.google.com: Closing Bell Global Battery Metals Ltd flat on Thursday - The Globe and Mail |
- Analyzing Global Battery'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 Global Battery's stock is overvalued or undervalued compared to its peers.
- Examining Global Battery'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 Global Battery's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Global Battery's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Global Battery's stock. These opinions can provide insight into Global Battery'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 Global Battery 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 bureau of economic analysis. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Global Stock analysis
When running Global Battery's price analysis, check to measure Global Battery'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 Global Battery is operating at the current time. Most of Global Battery's value examination focuses on studying past and present price action to predict the probability of Global Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Battery's price. Additionally, you may evaluate how the addition of Global Battery to your portfolios can decrease your overall portfolio volatility.
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