The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Lite Access are completely uncorrelated.
Risk-Adjusted Performance
0 of 100
Weak
Strong
Very Weak
Over the last 90 days Lite Access Technologies has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Lite Access is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
Begin Period Cash Flow
239.1 K
Lite
Lite Access Relative Risk vs. Return Landscape
If you would invest 9.50 in Lite Access Technologies on August 29, 2024 and sell it today you would earn a total of 0.00 from holding Lite Access Technologies or generate 0.0% return on investment over 90 days. Lite Access Technologies is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded stocks are less volatile than Lite, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
Expected Return
Risk
Lite Access Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lite Access' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Lite Access Technologies, and traders can use it to determine the average amount a Lite Access' 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 = 0.0
Best Portfolio
Best Equity
Good Returns
Average Returns
Small Returns
Cash
Small Risk
Average Risk
High Risk
Huge Risk
LTE
Based on monthly moving average Lite Access 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 Lite Access by adding Lite Access to a well-diversified portfolio.
Lite Access Fundamentals Growth
Lite Stock prices reflect investors' perceptions of the future prospects and financial health of Lite Access, and Lite Access 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 Lite Stock performance.
Evaluating Lite Access' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Lite Access 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 Lite Access 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.
Things to note about Lite Access Technologies performance evaluation
Checking the ongoing alerts about Lite Access for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Lite Access Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Lite Access generated a negative expected return over the last 90 days
Lite Access has some characteristics of a very speculative penny stock
Lite Access has a very high chance of going through financial distress in the upcoming years
The company reported the revenue of 5 M. Net Loss for the year was (1.48 M) with loss before overhead, payroll, taxes, and interest of (626).
Lite Access Technologies has accumulated about 1.94 M in cash with (326.37 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
Evaluating Lite Access' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Lite Access' stock performance include:
Analyzing Lite Access' 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 Lite Access' stock is overvalued or undervalued compared to its peers.
Examining Lite Access' 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 Lite Access' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Lite Access' management team can help you assess the Company's leadership.
Pay attention to analyst opinions and ratings of Lite Access' stock. These opinions can provide insight into Lite Access' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Lite Access' stock performance is not an exact science, and many factors can impact Lite Access' stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Additional Tools for Lite Stock Analysis
When running Lite Access' price analysis, check to measure Lite Access' 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 Lite Access is operating at the current time. Most of Lite Access' value examination focuses on studying past and present price action to predict the probability of Lite Access' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lite Access' price. Additionally, you may evaluate how the addition of Lite Access to your portfolios can decrease your overall portfolio volatility.