Themac Stock Today

MAC Stock  CAD 0.07  0.00  0.00%   
Market Performance
8 of 100
Odds Of Distress
Less than 47
Themac Resources is selling for under 0.075 as of the 6th of February 2023; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.075. Themac Resources has 47 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Themac Resources Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of April 2022 and ending today, the 6th of February 2023. Click here to learn more.
Fiscal Year End
June
Category
Basic Materials
ISIN
CA88337H1010
THEMAC Resources Group Limited engages in acquiring, exploring, and developing natural resource properties in the United States. The company was incorporated in 1997 and is based in Vancouver, Canada. THEMAC RESOURCES is traded on Commodity Exchange in Exotistan. The company has 79.4 M outstanding shares of which 5 K shares are now shorted by private and institutional investors with about 19.84 days to cover all short positions. More on Themac Resources Group
Follow Valuation Odds of Bankruptcy
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Themac Resources 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. Themac Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Themac Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOAndrew Maloney
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 Themac Resources' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Themac Resources Group (MAC) is traded on TSX Venture Exchange in Canada and employs 10 people. The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.96 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Themac Resources's market, we take the total number of its shares issued and multiply it by Themac 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. Themac Resources classifies itself under Basic Materials sector and is part of Other Industrial Metals & Mining industry. The entity has 79.4 M outstanding shares of which 5 K shares are now shorted by private and institutional investors with about 19.84 days to cover all short positions. Themac Resources Group has accumulated about 58.52 K in cash with (744.13 K) of positive cash flow from operations.
Check Themac Resources Probability Of Bankruptcy
Ownership
Themac Resources maintains a total of 79.4 Million outstanding shares. Themac Resources has majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company outstanding shares. 80.23 % of Themac Resources outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation

Check Themac Ownership Details

Themac Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Themac Resources jumping above the current price in 90 days from now is nearly 4.01%. The Themac Resources Group probability density function shows the probability of Themac Resources stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Themac Resources Group has a beta of -3.1352. This indicates as returns on its benchmark rise, returns on holding Themac Resources Group are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Themac Resources is expected to outperform its benchmark. In addition to that, the company has an alpha of 2.3489, implying that it can generate a 2.35 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.075HorizonTargetOdds Above 0.075
95.98%90 days
 0.07 
4.01%
Based on a normal probability distribution, the odds of Themac Resources to move above the current price in 90 days from now is nearly 4.01 (This Themac Resources Group probability density function shows the probability of Themac Stock to fall within a particular range of prices over 90 days) .

Themac Resources Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Themac Resources market risk premium is the additional return an investor will receive from holding Themac Resources 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 Themac Resources. 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 Themac Resources' alpha and beta are two of the key measurements used to evaluate Themac Resources' performance over the market, the standard measures of volatility play an important role as well.

Themac Stock Against Markets

Picking the right benchmark for Themac Resources 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 Themac Resources 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 Themac Resources is critical whether you are bullish or bearish towards Themac Resources Group at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Themac Resources 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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Themac Resources Corporate Directors

Themac Resources corporate directors refer to members of a Themac Resources board of directors. The board of directors generally takes responsibility for the Themac Resources' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Themac Resources' board members must vote for the resolution. The Themac Resources board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Kevin Maloney - DirectorProfile
Joel Schneyer - Independent DirectorProfile
Deborah Peacock - DirectorProfile
Kenneth Pickering - Independent DirectorProfile

Invested in Themac Resources Group?

The danger of trading Themac Resources Group 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 Themac Resources 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 Themac Resources. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Themac Resources 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.
Additionally, see Correlation Analysis. You can also try Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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