Devvstream Corp Common Stock Performance
| DEVS Stock | 0.96 0.19 24.68% |
The firm shows a Beta (market volatility) of 4.49, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, DevvStream Corp will likely underperform. At this point, DevvStream Corp Common has a negative expected return of -0.66%. Please make sure to confirm DevvStream Corp's maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if DevvStream Corp Common performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days DevvStream Corp Common has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fragile performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in January 2025. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
1 | DevvStream Adds 2.5 Million Credits to Existing Carbon Portfolio Announces Changes to Board of Directors | 11/08/2024 |
2 | Acquisition by Thorn Wray T of tradable shares of DevvStream Corp subject to Rule 16b-3 | 11/13/2024 |
3 | Sofi Technologies Inc Quote - Press Release - The Globe and Mail | 11/14/2024 |
4 | DevvStream Provides Update on Carbon Sequestration Facility Development | 11/19/2024 |
DevvStream |
DevvStream Corp Relative Risk vs. Return Landscape
If you would invest 1,155 in DevvStream Corp Common on September 2, 2024 and sell it today you would lose (1,059) from holding DevvStream Corp Common or give up 91.69% of portfolio value over 90 days. DevvStream Corp Common is currently does not generate positive expected returns and assumes 20.418% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than DevvStream, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
DevvStream Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DevvStream Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as DevvStream Corp Common, and traders can use it to determine the average amount a DevvStream Corp'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 = -0.0324
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| Negative Returns | DEVS |
Estimated Market Risk
| 20.42 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.66 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average DevvStream Corp 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 DevvStream Corp by adding DevvStream Corp to a well-diversified portfolio.
About DevvStream Corp Performance
Assessing DevvStream Corp's fundamental ratios provides investors with valuable insights into DevvStream Corp's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the DevvStream Corp is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
DevvStream Corp is entity of United States. It is traded as Stock on NASDAQ exchange.Things to note about DevvStream Corp Common performance evaluation
Checking the ongoing alerts about DevvStream Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for DevvStream Corp Common help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| DevvStream Corp generated a negative expected return over the last 90 days | |
| DevvStream Corp has high historical volatility and very poor performance | |
| DevvStream Corp has some characteristics of a very speculative penny stock | |
| DevvStream Corp Common was previously known as Focus Impact Acquisition and was traded on PINK Exchange under the symbol FIAC. | |
| Latest headline from finance.yahoo.com: DevvStream Provides Update on Carbon Sequestration Facility Development |
- Analyzing DevvStream Corp'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 DevvStream Corp's stock is overvalued or undervalued compared to its peers.
- Examining DevvStream Corp'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 DevvStream Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of DevvStream Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of DevvStream Corp's stock. These opinions can provide insight into DevvStream Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for DevvStream Stock Analysis
When running DevvStream Corp's price analysis, check to measure DevvStream Corp'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 DevvStream Corp is operating at the current time. Most of DevvStream Corp's value examination focuses on studying past and present price action to predict the probability of DevvStream Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DevvStream Corp's price. Additionally, you may evaluate how the addition of DevvStream Corp to your portfolios can decrease your overall portfolio volatility.