Mevaco SA (Greece) Performance
| MEVA Stock | EUR 3.56 0.14 3.78% |
The company secures a Beta (Market Risk) of 0.33, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mevaco SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mevaco SA is expected to be smaller as well. At this point, Mevaco SA has a negative expected return of -0.11%. Please make sure to verify Mevaco SA's potential upside, kurtosis, rate of daily change, as well as the relationship between the skewness and daily balance of power , to decide if Mevaco SA 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 Mevaco SA has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest uncertain performance, the Stock's basic indicators remain stable and the newest uproar on Wall Street may also be a sign of mid-term gains for the firm private investors. ...more
| Total Cashflows From Investing Activities | -600.5 K |
Mevaco |
Mevaco SA Relative Risk vs. Return Landscape
If you would invest 385.00 in Mevaco SA on September 2, 2024 and sell it today you would lose (29.00) from holding Mevaco SA or give up 7.53% of portfolio value over 90 days. Mevaco SA is generating negative expected returns and assumes 1.5919% volatility on return distribution over the 90 days horizon. Simply put, 14% of stocks are less volatile than Mevaco, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Mevaco SA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mevaco SA's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Mevaco SA, and traders can use it to determine the average amount a Mevaco SA'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 = -0.069
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Estimated Market Risk
| 1.59 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mevaco SA 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 Mevaco SA by adding Mevaco SA to a well-diversified portfolio.
Mevaco SA Fundamentals Growth
Mevaco Stock prices reflect investors' perceptions of the future prospects and financial health of Mevaco SA, and Mevaco SA 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 Mevaco Stock performance.
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0517 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.10 % | |||
| Current Valuation | 22.88 M | |||
| Shares Outstanding | 10.5 M | |||
| Price To Earning | (36.92) X | |||
| Price To Sales | 0.78 X | |||
| Revenue | 34.72 M | |||
| EBITDA | 4.4 M | |||
| Cash And Equivalents | 2.29 M | |||
| Cash Per Share | 0.22 X | |||
| Total Debt | 3.94 M | |||
| Debt To Equity | 17.50 % | |||
| Book Value Per Share | 2.37 X | |||
| Cash Flow From Operations | 4.81 M | |||
| Earnings Per Share | (0.05) X | |||
| Total Asset | 42 M | |||
| Retained Earnings | 5 M | |||
| Current Asset | 13 M | |||
| Current Liabilities | 9 M | |||
About Mevaco SA Performance
Assessing Mevaco SA's fundamental ratios provides investors with valuable insights into Mevaco SA's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Mevaco SA 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.
Mevaco S.A. engages in the metal fabrication and construction works in Greece. Mevaco S.A. was founded in 1993 and is based in Aspropyrgos, Greece. MEVACO S operates under Conglomerates classification in Greece and is traded on Athens Stock Exchange.Things to note about Mevaco SA performance evaluation
Checking the ongoing alerts about Mevaco SA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Mevaco SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mevaco SA generated a negative expected return over the last 90 days | |
| About 50.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Mevaco SA'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 Mevaco SA's stock is overvalued or undervalued compared to its peers.
- Examining Mevaco SA'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 Mevaco SA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mevaco SA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mevaco SA's stock. These opinions can provide insight into Mevaco SA's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Mevaco Stock Analysis
When running Mevaco SA's price analysis, check to measure Mevaco SA'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 Mevaco SA is operating at the current time. Most of Mevaco SA's value examination focuses on studying past and present price action to predict the probability of Mevaco SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mevaco SA's price. Additionally, you may evaluate how the addition of Mevaco SA to your portfolios can decrease your overall portfolio volatility.