MineralRite Corp (RITE)

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MineralRite Corp (RITE) is down 54.2% since the beginning of the year. At $0 per share, RITE is trading 83.5% below its 52-week high of $0. Investors who bought $1,000 worth of RITE shares 5 years ago would now be looking at an investment worth $1,584.

MineralRite Corp (RITE) has returned -54.22% so far this year and 123.53% over the past 12 months.

Based on dividend-adjusted daily data since Sep 28, 2017, RITE's average daily return is +54.96%, while the average monthly return is +858.02%. At this rate, an investment would double in approximately 0.0 years.

Historically, 39% of months were positive and 61% were negative. The best month was Jun 2022 with a return of +39,900.0%, while the worst month was Sep 2019 at -99.0%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 3 months.

On a daily basis, RITE closed higher 23% of trading days. The best single day was May 16, 2019 with a return of +9,900.0%, while the worst single day was May 14, 2019 at -99.0%.

MineralRite Corp has an annualized alpha of 94668122302377219232347792432437743973870012989440.00%, beta of -1.18, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since October 04, 2017.

• This stock captured 1792.10% of S&P 500 Index gains and 265.96% of its losses - amplifying both gains and losses, but participating more in upside than downside.
• Beta of -1.18 may look defensive, but with R2 of 0.00 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
• R2 of 0.00 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

RITE ranks 69 for risk / return — better than 69% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for MineralRite Corp (RITE) and compare them to S&P 500 Index.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the MineralRite Corp. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the MineralRite Corp was 99.96%, occurring on Nov 30, 2021. Recovery took 796 trading sessions.

The current MineralRite Corp drawdown is 80.51%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of MineralRite Corp over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how MineralRite Corp is priced in the market compared to other companies in the Other Precious Metals & Mining industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.