Basanite Stock Performance
| BASA Stock | USD 0.05 0 1.96% |
On a scale of 0 to 100, Basanite holds a performance score of 4. The firm shows a Beta (market volatility) of -0.55, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Basanite are expected to decrease at a much lower rate. During the bear market, Basanite is likely to outperform the market. Please check Basanite's semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to make a quick decision on whether Basanite's price patterns will revert.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Basanite are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite somewhat fragile basic indicators, Basanite sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 259.5 K | |
| Total Cashflows From Investing Activities | -2.3 M |
Basanite |
Basanite Relative Risk vs. Return Landscape
If you would invest 5.50 in Basanite on October 26, 2024 and sell it today you would lose (0.50) from holding Basanite or give up 9.09% of portfolio value over 90 days. Basanite is currently generating 0.7488% in daily expected returns and assumes 13.7545% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Basanite, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Basanite Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Basanite's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Basanite, and traders can use it to determine the average amount a Basanite'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 = 0.0544
| Best Portfolio | Best Equity | |||
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| Small Returns | BASA | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 13.75 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.75 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Basanite is performing at about 4% 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 Basanite by adding it to a well-diversified portfolio.
Basanite Fundamentals Growth
Basanite OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Basanite, and Basanite 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 Basanite OTC Stock performance.
| Return On Equity | -23.91 | |||
| Return On Asset | -1.0 | |||
| Operating Margin | (11.05) % | |||
| Current Valuation | 14.91 M | |||
| Shares Outstanding | 257.16 M | |||
| Price To Book | 197.87 X | |||
| Price To Sales | 12.30 X | |||
| Revenue | 193.19 K | |||
| EBITDA | (15.58 M) | |||
| Cash And Equivalents | 312.33 K | |||
| Total Debt | 3.61 M | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (4.51 M) | |||
| Earnings Per Share | (0.06) X | |||
| Total Asset | 5.21 M | |||
About Basanite Performance
By analyzing Basanite's fundamental ratios, stakeholders can gain valuable insights into Basanite's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Basanite 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 Basanite has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Basanite, Inc. engages in the basalt fiber reinforced polymer business worldwide. Basanite, Inc. was founded in 2006 and is headquartered in Oakland Park, Florida. Basanite operates under Building Materials classification in the United States and is traded on OTC Exchange. It employs 23 people.Things to note about Basanite performance evaluation
Checking the ongoing alerts about Basanite for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Basanite help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Basanite is way too risky over 90 days horizon | |
| Basanite has some characteristics of a very speculative penny stock | |
| Basanite appears to be risky and price may revert if volatility continues | |
| Basanite has a very high chance of going through financial distress in the upcoming years | |
| Basanite currently holds 3.61 M in liabilities. Basanite has a current ratio of 0.11, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Basanite until it has trouble settling it off, either with new capital or with free cash flow. So, Basanite'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 Basanite sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Basanite to invest in growth at high rates of return. When we think about Basanite's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 193.19 K. Net Loss for the year was (16.48 M) with loss before overhead, payroll, taxes, and interest of (1.78 M). | |
| Basanite currently holds about 312.33 K in cash with (4.51 M) of positive cash flow from operations. | |
| Roughly 30.0% of the company shares are held by company insiders |
- Analyzing Basanite'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 Basanite's stock is overvalued or undervalued compared to its peers.
- Examining Basanite'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 Basanite's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Basanite's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Basanite's otc stock. These opinions can provide insight into Basanite's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Basanite OTC Stock analysis
When running Basanite's price analysis, check to measure Basanite'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 Basanite is operating at the current time. Most of Basanite's value examination focuses on studying past and present price action to predict the probability of Basanite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Basanite's price. Additionally, you may evaluate how the addition of Basanite to your portfolios can decrease your overall portfolio volatility.
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