Baselode Stock Today

FIND Stock  CAD 0.56  0.06  9.68%   
Market Performance
0 of 100
Odds Of Distress
Over 80
Baselode Energy is selling for under 0.56 as of the 6th of February 2023; that is -9.68% down since the beginning of the trading day. The stock's lowest day price was 0.55. Baselode Energy has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Baselode Energy Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of January 2023 and ending today, the 6th of February 2023. Click here to learn more.
Fiscal Year End
December
Category
Energy
ISIN
CA0698251075
Baselode Energy Corp. engages in the acquisition and exploration of mineral properties in Canada. It also holds an interest in the Mann Mine project that consists of 18 contiguous mining claims covering an area of 852.5 hectares located in Milner Township, Ontario. The company has 90.11 M outstanding shares of which 65.55 K shares are currently shorted by private and institutional investors with about 0.47 days to cover all short positions. More on Baselode Energy Corp

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Baselode Energy Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Baselode Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Baselode Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Baselode Energy's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Baselode Energy Corp (FIND) is traded on TSX Venture Exchange in Canada and employs 2 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 50.46 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Baselode Energy's market, we take the total number of its shares issued and multiply it by Baselode Energy'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. Baselode Energy Corp operates under Energy sector and is part of Uranium industry. The entity has 90.11 M outstanding shares of which 65.55 K shares are currently shorted by private and institutional investors with about 0.47 days to cover all short positions. Baselode Energy Corp has accumulated about 4.5 M in cash with (5.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07.
Check Baselode Energy Probability Of Bankruptcy
Ownership
Baselode Energy holds a total of ninety million one hundred twelve thousand four hundred outstanding shares. Baselode Energy Corp shows 13.89 percent if its outstanding shares held by insiders and 13.89 percent owned by other corporate entities . Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation

Check Baselode Ownership Details

Baselode Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Baselode Energy jumping above the current price in 90 days from now is about 28.25%. The Baselode Energy Corp probability density function shows the probability of Baselode Energy stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Baselode Energy has a beta of 0.8063. This usually indicates as returns on the market go up, Baselode Energy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Baselode Energy Corp will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Baselode Energy Corp is significantly underperforming NYSE Composite.
  Odds Below 0.56HorizonTargetOdds Above 0.56
71.65%90 days
 0.56 
28.25%
Based on a normal probability distribution, the odds of Baselode Energy to move above the current price in 90 days from now is about 28.25 (This Baselode Energy Corp probability density function shows the probability of Baselode Stock to fall within a particular range of prices over 90 days) .

Baselode Energy Corp Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Baselode Energy market risk premium is the additional return an investor will receive from holding Baselode Energy long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Baselode Energy. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Baselode Energy's alpha and beta are two of the key measurements used to evaluate Baselode Energy's performance over the market, the standard measures of volatility play an important role as well.

Baselode Stock Against Markets

Picking the right benchmark for Baselode Energy stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Baselode Energy stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Baselode Energy is critical whether you are bullish or bearish towards Baselode Energy Corp at a given time.

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Our tools can tell you how much better you can do entering a position in Baselode Energy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in Baselode Energy Corp?

The danger of trading Baselode Energy Corp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Baselode Energy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Baselode Energy. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Baselode Energy Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Investing Opportunities. Note that the Baselode Energy Corp information on this page should be used as a complementary analysis to other Baselode Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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Please note, there is a significant difference between Baselode Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine Baselode Energy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baselode Energy'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.