Bannix Acquisition Corp Stock Performance
| BNIX Stock | USD 11.18 0.06 0.53% |
The firm shows a Beta (market volatility) of -0.0154, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bannix Acquisition are expected to decrease at a much lower rate. During the bear market, Bannix Acquisition is likely to outperform the market. Bannix Acquisition Corp right now shows a risk of 0.24%. Please confirm Bannix Acquisition Corp maximum drawdown, as well as the relationship between the skewness and price action indicator , to decide if Bannix Acquisition Corp will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Bannix Acquisition Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong forward indicators, Bannix Acquisition is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 19.3 K |
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Bannix Acquisition Relative Risk vs. Return Landscape
If you would invest 1,116 in Bannix Acquisition Corp on August 26, 2024 and sell it today you would earn a total of 2.00 from holding Bannix Acquisition Corp or generate 0.18% return on investment over 90 days. Bannix Acquisition Corp is currently generating 0.003% in daily expected returns and assumes 0.2438% risk (volatility on return distribution) over the 90 days horizon. In different words, 2% of stocks are less volatile than Bannix, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Bannix Acquisition Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bannix Acquisition's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Bannix Acquisition Corp, and traders can use it to determine the average amount a Bannix Acquisition'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 = 0.0125
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| Negative Returns | BNIX |
Estimated Market Risk
| 0.24 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bannix Acquisition 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 Bannix Acquisition by adding Bannix Acquisition to a well-diversified portfolio.
Bannix Acquisition Fundamentals Growth
Bannix Stock prices reflect investors' perceptions of the future prospects and financial health of Bannix Acquisition, and Bannix Acquisition 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 Bannix Stock performance.
| Return On Equity | 0.18 | ||||
| Return On Asset | -0.0376 | ||||
| Current Valuation | 32.58 M | ||||
| Shares Outstanding | 2.85 M | ||||
| Price To Earning | 25.72 X | ||||
| Price To Book | 3.61 X | ||||
| EBITDA | 272.79 K | ||||
| Cash And Equivalents | 228.18 K | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 974.01 K | ||||
| Book Value Per Share | (0.67) X | ||||
| Cash Flow From Operations | (908.49 K) | ||||
| Earnings Per Share | (0.07) X | ||||
| Total Asset | 32.35 M | ||||
| Retained Earnings | (3.68 M) | ||||
About Bannix Acquisition Performance
Evaluating Bannix Acquisition's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Bannix Acquisition 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 Bannix Acquisition has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Bannix Acquisition Corp. does not have significant operations. The company was incorporated in 2021 and is based in Woodcliff Lake, New Jersey. Bannix Acquisition is traded on NASDAQ Exchange in the United States.Things to note about Bannix Acquisition Corp performance evaluation
Checking the ongoing alerts about Bannix Acquisition for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Bannix Acquisition Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Net Loss for the year was (56.84 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Bannix Acquisition Corp currently holds about 228.18 K in cash with (908.49 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Bannix Acquisition has a frail financial position based on the latest SEC disclosures | |
| Roughly 88.0% of the company shares are held by company insiders |
- Analyzing Bannix Acquisition'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 Bannix Acquisition's stock is overvalued or undervalued compared to its peers.
- Examining Bannix Acquisition'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 Bannix Acquisition's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Bannix Acquisition's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Bannix Acquisition's stock. These opinions can provide insight into Bannix Acquisition's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Bannix Stock Analysis
When running Bannix Acquisition's price analysis, check to measure Bannix Acquisition'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 Bannix Acquisition is operating at the current time. Most of Bannix Acquisition's value examination focuses on studying past and present price action to predict the probability of Bannix Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bannix Acquisition's price. Additionally, you may evaluate how the addition of Bannix Acquisition to your portfolios can decrease your overall portfolio volatility.