Giga Tronics Stock Buy Hold or Sell Recommendation
| GIGA Stock | USD 0.01 0.00 0.00% |
Given the investment horizon of 90 days and your highly speculative risk level, our recommendation regarding Giga tronics is 'Strong Sell'. Macroaxis provides Giga Tronics buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding GIGA positions.
Check out Giga Tronics Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Giga and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Giga tronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Giga |
Execute Giga Tronics Buy or Sell Advice
The Giga recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Giga tronics. Macroaxis does not own or have any residual interests in Giga tronics or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Giga Tronics' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Giga Tronics Trading Alerts and Improvement Suggestions
| Giga tronics had very high historical volatility over the last 90 days | |
| Giga tronics has some characteristics of a very speculative penny stock | |
| Giga tronics has high likelihood to experience some financial distress in the next 2 years | |
| Giga tronics was previously known as Stragenics and was traded on PINK Exchange under the symbol ASAB. | |
| The company reported the previous year's revenue of 9.03 M. Net Loss for the year was (3.11 M) with profit before overhead, payroll, taxes, and interest of 8.35 M. | |
| Giga tronics currently holds about 400 K in cash with (3.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 64.0% of the company shares are held by company insiders |
Giga Tronics Returns Distribution Density
The distribution of Giga Tronics' historical returns is an attempt to chart the uncertainty of Giga Tronics' future price movements. The chart of the probability distribution of Giga Tronics daily returns describes the distribution of returns around its average expected value. We use Giga tronics price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Giga Tronics returns is essential to provide solid investment advice for Giga Tronics.
| Mean Return | 0.06 | Value At Risk | -33.33 | Potential Upside | 50.00 | Standard Deviation | 23.51 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Giga Tronics historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Giga Tronics Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Giga Tronics or Electronic Equipment, Instruments & Components sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Giga Tronics' price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Giga pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | -0.35 | |
σ | Overall volatility | 23.88 | |
Ir | Information ratio | -0.0029 |
Giga Tronics Volatility Alert
Giga tronics is showing large volatility of returns over the selected time horizon. Giga tronics is a penny stock. Even though Giga Tronics may be a good instrument to invest, many penny pink sheets are speculative instruments that are subject to artificial stock promotions. Please make sure you fully understand upside and downside scenarios of investing in Giga tronics or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings,sudden promotions and many other similar artificial hype indicators. We also encourage traders to check work history of company executives before investing in high-volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Giga instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Giga Tronics Fundamentals Vs Peers
Comparing Giga Tronics' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Giga Tronics' direct or indirect competition across all of the common fundamentals between Giga Tronics and the related equities. This way, we can detect undervalued stocks with similar characteristics as Giga Tronics or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Giga Tronics' fundamental indicators could also be used in its relative valuation, which is a method of valuing Giga Tronics by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Giga Tronics to competition |
| Fundamentals | Giga Tronics | Peer Average |
| Return On Equity | -1.04 | -0.31 |
| Return On Asset | -0.18 | -0.14 |
| Profit Margin | (0.14) % | (1.27) % |
| Operating Margin | (0.14) % | (5.51) % |
| Current Valuation | 28.74 M | 16.62 B |
| Shares Outstanding | 5.93 M | 571.82 M |
| Shares Owned By Insiders | 63.69 % | 10.09 % |
| Shares Owned By Institutions | 4.00 % | 39.21 % |
| Number Of Shares Shorted | 2.08 K | 4.71 M |
| Price To Earning | (1.67) X | 28.72 X |
| Price To Book | 4.68 X | 9.51 X |
| Price To Sales | 0.35 X | 11.42 X |
| Revenue | 9.03 M | 9.43 B |
| Gross Profit | 8.35 M | 27.38 B |
| EBITDA | (2.46 M) | 3.9 B |
| Net Income | (3.11 M) | 570.98 M |
| Cash And Equivalents | 400 K | 2.7 B |
| Cash Per Share | 0.14 X | 5.01 X |
| Total Debt | 3.05 M | 5.32 B |
| Debt To Equity | 1.21 % | 48.70 % |
| Current Ratio | 1.61 X | 2.16 X |
| Book Value Per Share | 2.88 X | 1.93 K |
| Cash Flow From Operations | (3.16 M) | 971.22 M |
| Short Ratio | 0.16 X | 4.00 X |
| Earnings Per Share | (0.88) X | 3.12 X |
| Target Price | 0.81 | |
| Number Of Employees | 8 | 18.84 K |
| Beta | 0.98 | -0.15 |
| Market Capitalization | 4.66 M | 19.03 B |
| Total Asset | 8.05 M | 29.47 B |
| Retained Earnings | (31.19 M) | 9.33 B |
| Working Capital | 1.78 M | 1.48 B |
| Current Asset | 9.47 M | 9.34 B |
Giga Tronics Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Giga . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.0078 | |||
| Day Typical Price | 0.0078 | |||
| Relative Strength Index | 36.29 |
About Giga Tronics Buy or Sell Advice
When is the right time to buy or sell Giga tronics? Buying financial instruments such as Giga Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in Giga Pink Sheet
Giga Tronics financial ratios help investors to determine whether Giga Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Giga with respect to the benefits of owning Giga Tronics security.