Portofino Resources Stock Analysis

Portofino Stock Analysis Notes

The company recorded a loss per share of 0.02. Portofino Resources last dividend was issued on the 4th of January 2019. The entity had 1:4 split on the 4th of January 2019. Portofino Resources Inc. engages in the acquisition and exploration of mineral property assets in Canada. Portofino Resources Inc. was founded in 2011 and is headquartered in Vancouver, Canada. PORTOFINO RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange. To find out more about Portofino Resources contact Robert Coltura at 604 683 1991 or learn more at https://www.portofinoresources.com.

Portofino Resources Investment Alerts

Portofino Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 8.64 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Portofino Resources's market, we take the total number of its shares issued and multiply it by Portofino Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Portofino Profitablity

Management Efficiency

Portofino Resources has return on total asset (ROA) of (7.2173) % which means that it has lost $7.2173 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (4.5158) %, meaning that it generated substantial loss on money invested by shareholders. Portofino Resources' management efficiency ratios could be used to measure how well Portofino Resources manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Portofino Resources' Return On Capital Employed is fairly stable compared to the past year. Return On Equity is likely to climb to 7.42 in 2024, despite the fact that Return On Tangible Assets are likely to grow to (7.64). At this time, Portofino Resources' Total Assets are fairly stable compared to the past year. Other Current Assets is likely to climb to about 223.8 K in 2024, despite the fact that Net Tangible Assets are likely to grow to (344.5 K).

Technical Drivers

As of the 23rd of April, Portofino Resources holds the Risk Adjusted Performance of (0.02), coefficient of variation of (1,927), and Variance of 49.97. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Portofino Resources, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Portofino Resources, which can be compared to its competitors. Please check Portofino Resources standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Portofino Resources is priced some-what accurately, providing market reflects its current price of 0.045 per share.

Portofino Resources Price Movement Analysis

Portofino Resources Predictive Daily Indicators

Portofino Resources Forecast Models

Portofino Resources' time-series forecasting models are one of many Portofino Resources' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Portofino Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Portofino Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Portofino shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Portofino Resources. By using and applying Portofino Stock analysis, traders can create a robust methodology for identifying Portofino entry and exit points for their positions.

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When running Portofino Resources' price analysis, check to measure Portofino Resources' 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 Portofino Resources is operating at the current time. Most of Portofino Resources' value examination focuses on studying past and present price action to predict the probability of Portofino Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Portofino Resources' price. Additionally, you may evaluate how the addition of Portofino Resources to your portfolios can decrease your overall portfolio volatility.