Giga Tronics Stock Performance
| GIGA Stock | USD 0.01 0.00 0.00% |
The company retains a Market Volatility (i.e., Beta) of -0.35, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Giga Tronics are expected to decrease at a much lower rate. During the bear market, Giga Tronics is likely to outperform the market. Giga tronics right now retains a risk of 22.58%. Please check out Giga Tronics coefficient of variation, sortino ratio, potential upside, as well as the relationship between the jensen alpha and maximum drawdown , to decide if Giga Tronics will be following its current trending patterns.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Giga tronics has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong technical and fundamental indicators, Giga Tronics 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 | 736 K | |
| Total Cashflows From Investing Activities | 518 K |
Giga |
Giga Tronics Relative Risk vs. Return Landscape
If you would invest 6.00 in Giga tronics on September 2, 2024 and sell it today you would lose (5.22) from holding Giga tronics or give up 87.0% of portfolio value over 90 days. Giga tronics is currently generating 0.0272% in daily expected returns and assumes 22.576% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Giga, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Giga Tronics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Giga Tronics' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Giga tronics, and traders can use it to determine the average amount a Giga Tronics' 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 = 0.0012
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GIGA |
Estimated Market Risk
| 22.58 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.03 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 Giga Tronics 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 Giga Tronics by adding Giga Tronics to a well-diversified portfolio.
Giga Tronics Fundamentals Growth
Giga Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Giga Tronics, and Giga Tronics 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 Giga Pink Sheet performance.
| Return On Equity | -1.04 | |||
| Return On Asset | -0.18 | |||
| Profit Margin | (0.14) % | |||
| Operating Margin | (0.14) % | |||
| Current Valuation | 28.74 M | |||
| Shares Outstanding | 5.93 M | |||
| Price To Earning | (1.67) X | |||
| Price To Book | 4.68 X | |||
| Price To Sales | 0.35 X | |||
| Revenue | 9.03 M | |||
| EBITDA | (2.46 M) | |||
| Cash And Equivalents | 400 K | |||
| Cash Per Share | 0.14 X | |||
| Total Debt | 3.05 M | |||
| Debt To Equity | 1.21 % | |||
| Book Value Per Share | 2.88 X | |||
| Cash Flow From Operations | (3.16 M) | |||
| Earnings Per Share | (0.88) X | |||
| Total Asset | 8.05 M | |||
| Retained Earnings | (31.19 M) | |||
| Current Asset | 9.47 M | |||
| Current Liabilities | 7.7 M | |||
About Giga Tronics Performance
By analyzing Giga Tronics' fundamental ratios, stakeholders can gain valuable insights into Giga Tronics' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Giga Tronics 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 Giga Tronics has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Gresham Worldwide, Inc. designs and develops ultra-reliable bespoke technology for the defense, medical, and telecommunications sectors. Gresham Worldwide, Inc. operates as a subsidiary of BitNile Holdings, Inc. Giga Tronics is traded on OTC Exchange in the United States.Things to note about Giga tronics performance evaluation
Checking the ongoing alerts about Giga Tronics for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Giga tronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Giga tronics had very high historical volatility over the last 90 days | |
| Giga tronics has some characteristics of a very speculative penny stock | |
| Giga tronics has high likelihood to experience some financial distress in the next 2 years | |
| Giga tronics was previously known as Stragenics and was traded on PINK Exchange under the symbol ASAB. | |
| The company reported the previous year's revenue of 9.03 M. Net Loss for the year was (3.11 M) with profit before overhead, payroll, taxes, and interest of 8.35 M. | |
| Giga tronics currently holds about 400 K in cash with (3.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 64.0% of the company shares are held by company insiders |
- Analyzing Giga Tronics' 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 Giga Tronics' stock is overvalued or undervalued compared to its peers.
- Examining Giga Tronics' 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 Giga Tronics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Giga Tronics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Giga Tronics' pink sheet. These opinions can provide insight into Giga Tronics' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Giga Pink Sheet analysis
When running Giga Tronics' price analysis, check to measure Giga Tronics' 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 Giga Tronics is operating at the current time. Most of Giga Tronics' value examination focuses on studying past and present price action to predict the probability of Giga Tronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Giga Tronics' price. Additionally, you may evaluate how the addition of Giga Tronics to your portfolios can decrease your overall portfolio volatility.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Transaction History View history of all your transactions and understand their impact on performance |