Denison Mines Corp Stock Performance
| DNN Stock | USD 2.03 0.06 3.05% |
Denison Mines has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.94, which means possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Denison Mines are expected to decrease slowly. On the other hand, during market turmoil, Denison Mines is expected to outperform it slightly. Denison Mines Corp right now shows a risk of 3.1%. Please confirm Denison Mines Corp semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Denison Mines Corp will be following its price patterns.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Denison Mines Corp are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of very weak basic indicators, Denison Mines may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
Last Split Factor 288:100 | Last Split Date 2006-12-07 |
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12 | Are Basic Materials Stocks Lagging Denison Mine Corp This Year | 04/25/2024 |
| Begin Period Cash Flow | 50.9 M |
Denison |
Denison Mines Relative Risk vs. Return Landscape
If you would invest 195.00 in Denison Mines Corp on January 28, 2024 and sell it today you would earn a total of 8.00 from holding Denison Mines Corp or generate 4.1% return on investment over 90 days. Denison Mines Corp is generating 0.1106% of daily returns assuming volatility of 3.1033% on return distribution over 90 days investment horizon. In other words, 27% of stocks are less volatile than Denison, and above 98% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Denison Mines Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Denison Mines' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Denison Mines Corp, and traders can use it to determine the average amount a Denison Mines' 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 = 0.0357
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Estimated Market Risk
| 3.1 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Denison Mines is performing at about 2% 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 Denison Mines by adding it to a well-diversified portfolio.
Denison Mines Fundamentals Growth
Denison Stock prices reflect investors' perceptions of the future prospects and financial health of Denison Mines, and Denison Mines 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 Denison Stock performance.
| Return On Equity | 0.17 | ||||
| Return On Asset | -0.046 | ||||
| Profit Margin | 48.72 % | ||||
| Operating Margin | (24.63) % | ||||
| Current Valuation | 1.61 B | ||||
| Shares Outstanding | 892 M | ||||
| Price To Earning | 28.00 X | ||||
| Price To Book | 4.01 X | ||||
| Price To Sales | 1,026 X | ||||
| Revenue | 1.85 M | ||||
| Gross Profit | 5.32 M | ||||
| EBITDA | (43.09 M) | ||||
| Net Income | 89.36 M | ||||
| Cash And Equivalents | 47.85 M | ||||
| Cash Per Share | 0.08 X | ||||
| Total Debt | 417 K | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 3.88 X | ||||
| Book Value Per Share | 0.72 X | ||||
| Cash Flow From Operations | (30.67 M) | ||||
| Earnings Per Share | 0.07 X | ||||
| Market Capitalization | 1.76 B | ||||
| Total Asset | 791.91 M | ||||
| Retained Earnings | (1.08 B) | ||||
| Working Capital | 130.59 M | ||||
| Current Asset | 20.35 M | ||||
| Current Liabilities | 45.7 M | ||||
About Denison Mines Performance
To evaluate Denison Mines Corp 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 Denison Mines 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 Denison 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 Denison Mines Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Denison'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 Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 38.52 | 36.60 | |
| Return On Tangible Assets | 0.11 | 0.12 | |
| Return On Capital Employed | (0.06) | (0.07) | |
| Return On Assets | 0.11 | 0.12 | |
| Return On Equity | 0.14 | 0.15 |
Things to note about Denison Mines Corp performance evaluation
Checking the ongoing alerts about Denison Mines for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Denison Mines Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Denison Mines Corp had very high historical volatility over the last 90 days | |
| Denison Mines Corp has about 47.85 M in cash with (30.67 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08. | |
| Denison Mines Corp has a poor financial position based on the latest SEC disclosures | |
| Latest headline from zacks.com: Are Basic Materials Stocks Lagging Denison Mine Corp This Year |
- Analyzing Denison Mines' 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 Denison Mines' stock is overvalued or undervalued compared to its peers.
- Examining Denison Mines' 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 Denison Mines' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Denison Mines' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Denison Mines' stock. These opinions can provide insight into Denison Mines' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Denison Mines Corp. 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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When running Denison Mines' price analysis, check to measure Denison Mines' 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 Denison Mines is operating at the current time. Most of Denison Mines' value examination focuses on studying past and present price action to predict the probability of Denison Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Denison Mines' price. Additionally, you may evaluate how the addition of Denison Mines to your portfolios can decrease your overall portfolio volatility.
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Is Denison Mines' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Denison Mines. If investors know Denison will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Denison Mines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.07 | Revenue Per Share 0.002 | Quarterly Revenue Growth (0.09) | Return On Assets (0.05) | Return On Equity 0.1658 |
The market value of Denison Mines Corp is measured differently than its book value, which is the value of Denison that is recorded on the company's balance sheet. Investors also form their own opinion of Denison Mines' value that differs from its market value or its book value, called intrinsic value, which is Denison Mines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Denison Mines' market value can be influenced by many factors that don't directly affect Denison Mines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Denison Mines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Denison Mines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Denison Mines' 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.