Gear Energy Stock Performance
| GXE Stock | CAD 0.55 0.02 3.77% |
The company retains a Market Volatility (i.e., Beta) of 0.3, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Gear Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gear Energy is expected to be smaller as well. At this point, Gear Energy has a negative expected return of -0.27%. Please make sure to check out Gear Energy's standard deviation, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to decide if Gear Energy 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 Gear Energy has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Stock's technical and fundamental indicators remain very healthy which may send shares a bit higher in December 2024. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
Forward Dividend Yield 0.1091 | Payout Ratio 0.4 | Forward Dividend Rate 0.06 | Dividend Date 2024-11-29 | Ex Dividend Date 2024-11-15 |
1 | Gear Energy Ltd. Confirms Monthly Dividend for September of 0.005 per Share - StockTitan | 08/30/2024 |
2 | Gear Energy Has Announced A Dividend Of CA0.005 - Simply Wall St | 09/13/2024 |
3 | Gear Energy Ltd. Plans 0.01 Monthly Dividend - MarketBeat | 10/03/2024 |
4 | Gear Energy Announces Q3 2024 Financial Results - TipRanks | 11/07/2024 |
| Begin Period Cash Flow | 498 K |
Gear |
Gear Energy Relative Risk vs. Return Landscape
If you would invest 67.00 in Gear Energy on August 25, 2024 and sell it today you would lose (12.00) from holding Gear Energy or give up 17.91% of portfolio value over 90 days. Gear Energy is producing return of less than zero assuming 2.6356% volatility of returns over the 90 days investment horizon. Simply put, 23% of all stocks have less volatile historical return distribution than Gear Energy, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Gear Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gear Energy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Gear Energy, and traders can use it to determine the average amount a Gear Energy'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 = -0.1039
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| Negative Returns | GXE |
Estimated Market Risk
| 2.64 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.27 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 Gear Energy 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 Gear Energy by adding Gear Energy to a well-diversified portfolio.
Gear Energy Fundamentals Growth
Gear Stock prices reflect investors' perceptions of the future prospects and financial health of Gear Energy, and Gear Energy 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 Gear Stock performance.
| Return On Equity | 0.0495 | ||||
| Return On Asset | 0.0472 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.24 % | ||||
| Current Valuation | 160.34 M | ||||
| Shares Outstanding | 263.59 M | ||||
| Price To Earning | 48.33 X | ||||
| Price To Book | 0.57 X | ||||
| Price To Sales | 1.10 X | ||||
| Revenue | 148.71 M | ||||
| Gross Profit | 118.17 M | ||||
| EBITDA | 66.27 M | ||||
| Net Income | 8.59 M | ||||
| Cash And Equivalents | 693 K | ||||
| Cash Per Share | 0.36 X | ||||
| Total Debt | 21.16 M | ||||
| Debt To Equity | 1.08 % | ||||
| Current Ratio | 0.26 X | ||||
| Book Value Per Share | 0.93 X | ||||
| Cash Flow From Operations | 63.59 M | ||||
| Earnings Per Share | 0.04 X | ||||
| Market Capitalization | 144.97 M | ||||
| Total Asset | 338.82 M | ||||
| Retained Earnings | (130.49 M) | ||||
| Working Capital | 756 K | ||||
| Current Asset | 20.59 M | ||||
| Current Liabilities | 64.39 M | ||||
About Gear Energy Performance
By examining Gear Energy's fundamental ratios, stakeholders can obtain critical insights into Gear Energy's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Gear Energy is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 40.08 | 35.46 | |
| Return On Tangible Assets | 0.03 | 0.03 | |
| Return On Capital Employed | 0.07 | 0.08 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.04 | 0.04 |
Things to note about Gear Energy performance evaluation
Checking the ongoing alerts about Gear Energy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Gear Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Gear Energy generated a negative expected return over the last 90 days | |
| Gear Energy has some characteristics of a very speculative penny stock | |
| Gear Energy has accumulated 21.16 M in total debt with debt to equity ratio (D/E) of 1.08, which is about average as compared to similar companies. Gear Energy has a current ratio of 0.25, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Gear Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Gear Energy'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 Gear Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gear to invest in growth at high rates of return. When we think about Gear Energy's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: Gear Energy Announces Q3 2024 Financial Results - TipRanks |
- Analyzing Gear Energy'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 Gear Energy's stock is overvalued or undervalued compared to its peers.
- Examining Gear Energy'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 Gear Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Gear Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Gear Energy's stock. These opinions can provide insight into Gear Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Gear Stock
Gear Energy financial ratios help investors to determine whether Gear Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Gear with respect to the benefits of owning Gear Energy security.