Midland Exploration Stock Performance
| MD Stock | CAD 0.32 0.01 3.03% |
The company secures a Beta (Market Risk) of -0.27, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Midland Exploration are expected to decrease at a much lower rate. During the bear market, Midland Exploration is likely to outperform the market. At this point, Midland Exploration has a negative expected return of -0.0698%. Please make sure to verify Midland Exploration's jensen alpha and the relationship between the potential upside and price action indicator , to decide if Midland Exploration 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 Midland Exploration has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Midland Exploration is not utilizing all of its potentials. The recent stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
1 | Closing Bell Midland Exploration Inc flat on Wednesday - Barchart | 06/26/2024 |
2 | Midland Exploration Begins Major Exploration Program for Nickel and Copper in Nunavik, Quebec Under Its Strategic ... - Junior Mining Network | 07/03/2024 |
3 | Midland Exploration Shares Cross Below 200 Day Moving Average of 0.37 - Defense World | 07/24/2024 |
4 | Midland Exploration Strikes Gold in Willbob Project - TipRanks | 08/01/2024 |
| Begin Period Cash Flow | 1.9 M |
Midland |
Midland Exploration Relative Risk vs. Return Landscape
If you would invest 34.00 in Midland Exploration on June 13, 2024 and sell it today you would lose (2.00) from holding Midland Exploration or give up 5.88% of portfolio value over 90 days. Midland Exploration is currently does not generate positive expected returns and assumes 2.4483% risk (volatility on return distribution) over the 90 days horizon. In different words, 21% of stocks are less volatile than Midland, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Midland Exploration Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Midland Exploration's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Midland Exploration, and traders can use it to determine the average amount a Midland Exploration'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 = -0.0285
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| Negative Returns | MD |
Estimated Market Risk
| 2.45 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.07 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 Midland Exploration 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 Midland Exploration by adding Midland Exploration to a well-diversified portfolio.
Midland Exploration Fundamentals Growth
Midland Stock prices reflect investors' perceptions of the future prospects and financial health of Midland Exploration, and Midland Exploration 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 Midland Stock performance.
| Return On Equity | -0.068 | ||||
| Return On Asset | -0.055 | ||||
| Operating Margin | (25.86) % | ||||
| Current Valuation | 20.91 M | ||||
| Shares Outstanding | 86.87 M | ||||
| Price To Earning | (57.06) X | ||||
| Price To Book | 0.70 X | ||||
| Price To Sales | 92.58 X | ||||
| Revenue | 314.97 K | ||||
| Gross Profit | 210.41 K | ||||
| EBITDA | (569.98 K) | ||||
| Net Income | (1.11 M) | ||||
| Cash And Equivalents | 15.01 M | ||||
| Cash Per Share | 0.22 X | ||||
| Total Debt | 51.11 K | ||||
| Current Ratio | 11.26 X | ||||
| Book Value Per Share | 0.46 X | ||||
| Cash Flow From Operations | (464.72 K) | ||||
| Earnings Per Share | (0.03) X | ||||
| Market Capitalization | 27.8 M | ||||
| Total Asset | 41.66 M | ||||
| Retained Earnings | (22.42 M) | ||||
| Working Capital | 3.81 M | ||||
About Midland Exploration Performance
Evaluating Midland Exploration's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Midland Exploration has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Midland Exploration has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.02) | (0.03) | |
| Return On Capital Employed | (0.01) | (0.01) | |
| Return On Assets | (0.02) | (0.03) | |
| Return On Equity | (0.03) | (0.03) |
Things to note about Midland Exploration performance evaluation
Checking the ongoing alerts about Midland Exploration for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Midland Exploration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Midland Exploration generated a negative expected return over the last 90 days | |
| Midland Exploration has some characteristics of a very speculative penny stock | |
| Midland Exploration has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 314.97 K. Net Loss for the year was (1.11 M) with profit before overhead, payroll, taxes, and interest of 210.41 K. | |
| Midland Exploration currently holds about 15.01 M in cash with (464.72 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.22. |
- Analyzing Midland Exploration'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 Midland Exploration's stock is overvalued or undervalued compared to its peers.
- Examining Midland Exploration'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 Midland Exploration's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Midland Exploration's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Midland Exploration's stock. These opinions can provide insight into Midland Exploration's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Midland Stock Analysis
When running Midland Exploration's price analysis, check to measure Midland Exploration'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 Midland Exploration is operating at the current time. Most of Midland Exploration's value examination focuses on studying past and present price action to predict the probability of Midland Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Midland Exploration's price. Additionally, you may evaluate how the addition of Midland Exploration to your portfolios can decrease your overall portfolio volatility.