NURAN WIRELESS (Germany) Performance
| 1RNA Stock | EUR 0.05 0 6.08% |
The company secures a Beta (Market Risk) of -1.01, which conveys a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning NURAN WIRELESS are expected to decrease slowly. On the other hand, during market turmoil, NURAN WIRELESS is expected to outperform it slightly. At this point, NURAN WIRELESS INC has a negative expected return of -0.88%. Please make sure to verify NURAN WIRELESS's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if NURAN WIRELESS INC performance from the past will be repeated at some future point.
Risk-Adjusted Performance
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Over the last 90 days NURAN WIRELESS INC has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
NURAN |
NURAN WIRELESS Relative Risk vs. Return Landscape
If you would invest 9.22 in NURAN WIRELESS INC on August 31, 2024 and sell it today you would lose (4.28) from holding NURAN WIRELESS INC or give up 46.42% of portfolio value over 90 days. NURAN WIRELESS INC is producing return of less than zero assuming 4.1607% volatility of returns over the 90 days investment horizon. Simply put, 37% of all stocks have less volatile historical return distribution than NURAN WIRELESS, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
NURAN WIRELESS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NURAN WIRELESS's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NURAN WIRELESS INC, and traders can use it to determine the average amount a NURAN WIRELESS's 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 = -0.2121
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| Negative Returns | 1RNA |
Estimated Market Risk
| 4.16 actual daily | 37 63% of assets are more volatile |
Expected Return
| -0.88 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NURAN WIRELESS is not performing at its full potential. However, 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 NURAN WIRELESS by adding NURAN WIRELESS to a well-diversified portfolio.
NURAN WIRELESS Fundamentals Growth
NURAN Stock prices reflect investors' perceptions of the future prospects and financial health of NURAN WIRELESS, and NURAN WIRELESS 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 NURAN Stock performance.
| Operating Margin | (6.20) % | |||
| Shares Outstanding | 34.31 M | |||
| Revenue | 1.83 M | |||
| EBITDA | (11.3 M) | |||
| Cash And Equivalents | 73.94 K | |||
| Total Debt | 2.37 M | |||
| Book Value Per Share | 0.17 X | |||
| Cash Flow From Operations | (1.41 M) | |||
| Earnings Per Share | (0.36) X | |||
About NURAN WIRELESS Performance
By analyzing NURAN WIRELESS's fundamental ratios, stakeholders can gain valuable insights into NURAN WIRELESS's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NURAN WIRELESS has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if NURAN WIRELESS has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
NuRAN Wireless Inc. engages in the research, development, manufacture, and marketing of digital electronic circuits and wireless telecommunication products in Canada, the United States, Europe, Africa, and internationally. NuRAN Wireless Inc. was incorporated in 2014 and is based in Lvis, Canada. NURAN WIRELESS is traded on Frankfurt Stock Exchange in Germany.Things to note about NURAN WIRELESS INC performance evaluation
Checking the ongoing alerts about NURAN WIRELESS for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NURAN WIRELESS INC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NURAN WIRELESS INC generated a negative expected return over the last 90 days | |
| NURAN WIRELESS INC has some characteristics of a very speculative penny stock | |
| NURAN WIRELESS INC has high historical volatility and very poor performance | |
| NURAN WIRELESS INC has accumulated 2.37 M in total debt. NURAN WIRELESS INC has a current ratio of 0.31, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist NURAN WIRELESS until it has trouble settling it off, either with new capital or with free cash flow. So, NURAN WIRELESS's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NURAN WIRELESS INC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NURAN to invest in growth at high rates of return. When we think about NURAN WIRELESS's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 1.83 M. Net Loss for the year was (3.07 M) with profit before overhead, payroll, taxes, and interest of 227.65 K. | |
| NURAN WIRELESS INC has accumulated about 73.94 K in cash with (1.41 M) of positive cash flow from operations. |
- Analyzing NURAN WIRELESS's 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 NURAN WIRELESS's stock is overvalued or undervalued compared to its peers.
- Examining NURAN WIRELESS's 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 NURAN WIRELESS's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NURAN WIRELESS's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NURAN WIRELESS's stock. These opinions can provide insight into NURAN WIRELESS's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for NURAN Stock analysis
When running NURAN WIRELESS's price analysis, check to measure NURAN WIRELESS's 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 NURAN WIRELESS is operating at the current time. Most of NURAN WIRELESS's value examination focuses on studying past and present price action to predict the probability of NURAN WIRELESS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NURAN WIRELESS's price. Additionally, you may evaluate how the addition of NURAN WIRELESS to your portfolios can decrease your overall portfolio volatility.
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