SALTX TECHNOLOGY (Germany) Performance
| 7X9 Stock | EUR 0.27 0.01 3.85% |
The firm has a beta of -0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SALTX TECHNOLOGY are expected to decrease at a much lower rate. During the bear market, SALTX TECHNOLOGY is likely to outperform the market. SALTX TECHNOLOGY HLDG now has a risk of 5.84%. Please validate SALTX TECHNOLOGY coefficient of variation, jensen alpha, and the relationship between the downside deviation and information ratio , to decide if SALTX TECHNOLOGY will be following its existing price patterns.
Risk-Adjusted Performance
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Over the last 90 days SALTX TECHNOLOGY HLDG has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, SALTX TECHNOLOGY is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
SALTX |
SALTX TECHNOLOGY Relative Risk vs. Return Landscape
If you would invest 30.00 in SALTX TECHNOLOGY HLDG on September 26, 2024 and sell it today you would lose (3.00) from holding SALTX TECHNOLOGY HLDG or give up 10.0% of portfolio value over 90 days. SALTX TECHNOLOGY HLDG is currently producing 0.0059% returns and takes up 5.8352% volatility of returns over 90 trading days. Put another way, 51% of traded stocks are less volatile than SALTX, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
SALTX TECHNOLOGY Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SALTX TECHNOLOGY's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as SALTX TECHNOLOGY HLDG, and traders can use it to determine the average amount a SALTX TECHNOLOGY'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 = 0.001
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| Negative Returns | 7X9 |
Estimated Market Risk
| 5.84 actual daily | 52 52% of assets are less volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SALTX TECHNOLOGY 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 SALTX TECHNOLOGY by adding SALTX TECHNOLOGY to a well-diversified portfolio.
SALTX TECHNOLOGY Fundamentals Growth
SALTX Stock prices reflect investors' perceptions of the future prospects and financial health of SALTX TECHNOLOGY, and SALTX TECHNOLOGY 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 SALTX Stock performance.
| Return On Equity | -0.42 | |||
| Return On Asset | -0.19 | |||
| Shares Outstanding | 121.1 M | |||
| Debt To Equity | 0.23 % | |||
| Book Value Per Share | 0.28 X | |||
| Earnings Per Share | (0.1) X | |||
About SALTX TECHNOLOGY Performance
By analyzing SALTX TECHNOLOGY's fundamental ratios, stakeholders can gain valuable insights into SALTX TECHNOLOGY's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SALTX TECHNOLOGY 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 SALTX TECHNOLOGY has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
SaltX Technology Holding AB develops and sells patented thermochemical energy storage solution based on nano-coated salt under the SaltX brand. The company was founded in 2001 and is headquartered in Hagersten, Sweden. SALTX TECHNOLOGY is traded on Frankfurt Stock Exchange in Germany.Things to note about SALTX TECHNOLOGY HLDG performance evaluation
Checking the ongoing alerts about SALTX TECHNOLOGY for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for SALTX TECHNOLOGY HLDG help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| SALTX TECHNOLOGY had very high historical volatility over the last 90 days | |
| SALTX TECHNOLOGY has some characteristics of a very speculative penny stock | |
| SALTX TECHNOLOGY has high likelihood to experience some financial distress in the next 2 years |
- Analyzing SALTX TECHNOLOGY'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 SALTX TECHNOLOGY's stock is overvalued or undervalued compared to its peers.
- Examining SALTX TECHNOLOGY'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 SALTX TECHNOLOGY's management team can have a significant impact on its success or failure. Reviewing the track record and experience of SALTX TECHNOLOGY's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of SALTX TECHNOLOGY's stock. These opinions can provide insight into SALTX TECHNOLOGY's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for SALTX Stock analysis
When running SALTX TECHNOLOGY's price analysis, check to measure SALTX TECHNOLOGY'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 SALTX TECHNOLOGY is operating at the current time. Most of SALTX TECHNOLOGY's value examination focuses on studying past and present price action to predict the probability of SALTX TECHNOLOGY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SALTX TECHNOLOGY's price. Additionally, you may evaluate how the addition of SALTX TECHNOLOGY to your portfolios can decrease your overall portfolio volatility.
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