Evertz Technologies Limited Stock Performance
| EVTZF Stock | USD 8.68 0.00 0.00% |
The firm shows a Beta (market volatility) of -0.49, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Evertz Technologies are expected to decrease at a much lower rate. During the bear market, Evertz Technologies is likely to outperform the market. At this point, Evertz Technologies has a negative expected return of -0.18%. Please make sure to confirm Evertz Technologies' mean deviation, jensen alpha, as well as the relationship between the Jensen Alpha and kurtosis , to decide if Evertz Technologies 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 Evertz Technologies Limited has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest conflicting performance, the Stock's basic indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
| Begin Period Cash Flow | 108.8 M | |
| Total Cashflows From Investing Activities | -5 M | |
| Free Cash Flow | 63.2 M |
Evertz |
Evertz Technologies Relative Risk vs. Return Landscape
If you would invest 985.00 in Evertz Technologies Limited on August 30, 2024 and sell it today you would lose (117.00) from holding Evertz Technologies Limited or give up 11.88% of portfolio value over 90 days. Evertz Technologies Limited is currently producing negative expected returns and takes up 1.8852% volatility of returns over 90 trading days. Put another way, 16% of traded pink sheets are less volatile than Evertz, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Evertz Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evertz Technologies' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Evertz Technologies Limited, and traders can use it to determine the average amount a Evertz Technologies' 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 = -0.0963
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| Negative Returns | EVTZF |
Estimated Market Risk
| 1.89 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Evertz Technologies 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 Evertz Technologies by adding Evertz Technologies to a well-diversified portfolio.
Evertz Technologies Fundamentals Growth
Evertz Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Evertz Technologies, and Evertz Technologies 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 Evertz Pink Sheet performance.
| Return On Equity | 0.33 | |||
| Return On Asset | 0.15 | |||
| Profit Margin | 0.16 % | |||
| Operating Margin | 0.22 % | |||
| Current Valuation | 723.8 M | |||
| Shares Outstanding | 76.2 M | |||
| Price To Earning | 17.22 X | |||
| Price To Book | 4.22 X | |||
| Price To Sales | 1.59 X | |||
| Revenue | 441.02 M | |||
| EBITDA | 117.94 M | |||
| Cash And Equivalents | 36.66 M | |||
| Cash Per Share | 0.48 X | |||
| Total Debt | 29.11 M | |||
| Debt To Equity | 0.12 % | |||
| Book Value Per Share | 3.05 X | |||
| Cash Flow From Operations | 68.67 M | |||
| Earnings Per Share | 0.72 X | |||
| Total Asset | 420.98 M | |||
About Evertz Technologies Performance
By analyzing Evertz Technologies' fundamental ratios, stakeholders can gain valuable insights into Evertz Technologies' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Evertz Technologies 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 Evertz Technologies has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Evertz Technologies Limited engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company was founded in 1966 and is headquartered in Burlington, Canada. Evertz Technologies is traded on OTC Exchange in the United States.Things to note about Evertz Technologies performance evaluation
Checking the ongoing alerts about Evertz Technologies for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Evertz Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Evertz Technologies generated a negative expected return over the last 90 days | |
| About 65.0% of the company shares are held by company insiders |
- Analyzing Evertz Technologies' 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 Evertz Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Evertz Technologies' 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 Evertz Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Evertz Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Evertz Technologies' pink sheet. These opinions can provide insight into Evertz Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Evertz Pink Sheet analysis
When running Evertz Technologies' price analysis, check to measure Evertz Technologies' 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 Evertz Technologies is operating at the current time. Most of Evertz Technologies' value examination focuses on studying past and present price action to predict the probability of Evertz Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evertz Technologies' price. Additionally, you may evaluate how the addition of Evertz Technologies to your portfolios can decrease your overall portfolio volatility.
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