Generation Mining Stock Performance

GENM Stock  CAD 0.27  0.02  8.00%   
On a scale of 0 to 100, Generation Mining holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of -0.64, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Generation Mining are expected to decrease at a much lower rate. During the bear market, Generation Mining is likely to outperform the market. Please check Generation Mining's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Generation Mining's current trending patterns will revert.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Generation Mining are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Generation Mining displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
1
Once-in-a-generation buy Newmont CEO touts stock as miner attempts to raise US2B - BNN Bloomberg
02/27/2024
2
CIROs Proposed Amendment Targets Short-Selling in Low-Liquidity Stocks, Aims to Protect Junior Miners - BNN Breaking
03/06/2024
3
Were Keeping An Eye On Generation Minings Cash Burn Rate - Yahoo Finance
04/03/2024
4
Closing Bell Generation Mining Ltd down on Monday - Barchart
04/22/2024
Begin Period Cash Flow18.8 M
Free Cash Flow-16.1 M
  

Generation Mining Relative Risk vs. Return Landscape

If you would invest  24.00  in Generation Mining on February 21, 2024 and sell it today you would earn a total of  3.00  from holding Generation Mining or generate 12.5% return on investment over 90 days. Generation Mining is generating 0.4129% of daily returns and assumes 6.9171% volatility on return distribution over the 90 days horizon. Simply put, 61% of stocks are less volatile than Generation, and 92% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days trading horizon Generation Mining is expected to generate 11.87 times more return on investment than the market. However, the company is 11.87 times more volatile than its market benchmark. It trades about 0.06 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.15 per unit of risk.

Generation Mining Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Generation Mining's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Generation Mining, and traders can use it to determine the average amount a Generation Mining'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 = 0.0597

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Estimated Market Risk

 6.92
  actual daily
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61% of assets are less volatile

Expected Return

 0.41
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average Generation Mining is performing at about 4% 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 Generation Mining by adding it to a well-diversified portfolio.

Generation Mining Fundamentals Growth

Generation Stock prices reflect investors' perceptions of the future prospects and financial health of Generation Mining, and Generation Mining 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 Generation Stock performance.

About Generation Mining Performance

To evaluate Generation Mining 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 Generation Mining 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 Generation 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 Generation Mining market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Generation'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 ReportedProjected for Next Year
Days Of Inventory On Hand 74.87  66.55 
Return On Tangible Assets(0.88)(0.92)
Return On Capital Employed(1.25)(1.31)
Return On Assets(0.88)(0.92)
Return On Equity 0.60  0.63 

Things to note about Generation Mining performance evaluation

Checking the ongoing alerts about Generation Mining for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Generation Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Generation Mining had very high historical volatility over the last 90 days
Generation Mining has some characteristics of a very speculative penny stock
Generation Mining has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (17.76 M) with loss before overhead, payroll, taxes, and interest of (47.57 M).
Generation Mining has accumulated about 17.95 M in cash with (16.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1.
Roughly 20.0% of the company shares are held by company insiders
Evaluating Generation Mining's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Generation Mining's stock performance include:
  • Analyzing Generation Mining'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 Generation Mining's stock is overvalued or undervalued compared to its peers.
  • Examining Generation Mining'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 Generation Mining's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Generation Mining's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Generation Mining's stock. These opinions can provide insight into Generation Mining's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Generation Mining's stock performance is not an exact science, and many factors can impact Generation Mining's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Generation Mining. 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Generation Stock analysis

When running Generation Mining's price analysis, check to measure Generation Mining'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 Generation Mining is operating at the current time. Most of Generation Mining's value examination focuses on studying past and present price action to predict the probability of Generation Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Generation Mining's price. Additionally, you may evaluate how the addition of Generation Mining to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Generation Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Generation Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Generation Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.