Everspin Technologies Stock Performance
| MRAM Stock | USD 6.10 0.01 0.16% |
Everspin Technologies has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.38, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Everspin Technologies will likely underperform. Everspin Technologies right now shows a risk of 2.82%. Please confirm Everspin Technologies jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to decide if Everspin Technologies will be following its price patterns.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Everspin Technologies are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of very weak basic indicators, Everspin Technologies may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Actual Historical Performance (%)
One Day Return (0.16) | Five Day Return 0.33 | Year To Date Return (30.21) | Ten Year Return (23.94) | All Time Return (23.94) |
1 | Disposition of 14062 shares by Sanjeev Aggarwal of Everspin Technologies at 2.56 subject to Rule 16b-3 | 09/13/2024 |
2 | Disposition of 2412 shares by David Schrenk of Everspin Technologies at 5.23 subject to Rule 16b-3 | 09/18/2024 |
3 | Disposition of 1706 shares by Matthew Tenorio of Everspin Technologies at 5.54 subject to Rule 16b-3 | 10/02/2024 |
4 | Everspin Technologies Announces Date of Third Quarter 2024 Financial Results Conference Call | 10/16/2024 |
5 | Disposition of 17523 shares by Sanjeev Aggarwal of Everspin Technologies at 5.54 subject to Rule 16b-3 | 10/28/2024 |
6 | Everspin Reports Unaudited Third Quarter 2024 Financial Results | 10/30/2024 |
7 | Wingstop lifted to Buy at BTIG, multiple levers remain | 10/31/2024 |
8 | Everspin Technologies Third Quarter 2024 Earnings EPS Beats Expectations | 11/01/2024 |
9 | Disposition of 7500 shares by David Schrenk of Everspin Technologies at 6.07 subject to Rule 16b-3 | 11/08/2024 |
10 | Acquisition by Finch Lawrence G of 2303 shares of Everspin Technologies subject to Rule 16b-3 | 11/12/2024 |
| Begin Period Cash Flow | 26.8 M |
Everspin |
Everspin Technologies Relative Risk vs. Return Landscape
If you would invest 557.00 in Everspin Technologies on August 30, 2024 and sell it today you would earn a total of 53.00 from holding Everspin Technologies or generate 9.52% return on investment over 90 days. Everspin Technologies is currently generating 0.1816% in daily expected returns and assumes 2.8214% risk (volatility on return distribution) over the 90 days horizon. In different words, 25% of stocks are less volatile than Everspin, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Everspin Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Everspin Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Everspin Technologies, and traders can use it to determine the average amount a Everspin 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 = 0.0644
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Estimated Market Risk
| 2.82 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average Everspin Technologies is performing at about 5% of its full potential. 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 Everspin Technologies by adding it to a well-diversified portfolio.
Everspin Technologies Fundamentals Growth
Everspin Stock prices reflect investors' perceptions of the future prospects and financial health of Everspin Technologies, and Everspin 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 Everspin Stock performance.
| Return On Equity | 0.028 | ||||
| Return On Asset | -0.0364 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | (0.17) % | ||||
| Current Valuation | 99.4 M | ||||
| Shares Outstanding | 21.97 M | ||||
| Price To Earning | 12.89 X | ||||
| Price To Book | 2.26 X | ||||
| Price To Sales | 2.49 X | ||||
| Revenue | 63.77 M | ||||
| Gross Profit | 33.95 M | ||||
| EBITDA | 7.09 M | ||||
| Net Income | 9.05 M | ||||
| Cash And Equivalents | 23.44 M | ||||
| Cash Per Share | 1.15 X | ||||
| Total Debt | 5.58 M | ||||
| Debt To Equity | 0.28 % | ||||
| Current Ratio | 4.03 X | ||||
| Book Value Per Share | 2.71 X | ||||
| Cash Flow From Operations | 13.13 M | ||||
| Earnings Per Share | 0.07 X | ||||
| Market Capitalization | 134.03 M | ||||
| Total Asset | 67.3 M | ||||
| Retained Earnings | (137.65 M) | ||||
| Working Capital | 49.1 M | ||||
| Current Asset | 25.31 M | ||||
| Current Liabilities | 10.64 M | ||||
About Everspin Technologies Performance
By examining Everspin Technologies' fundamental ratios, stakeholders can obtain critical insights into Everspin Technologies' 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 Everspin Technologies 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 | 115.49 | 147.32 | |
| Return On Tangible Assets | 0.13 | 0.14 | |
| Return On Capital Employed | 0.10 | 0.11 | |
| Return On Assets | 0.13 | 0.14 | |
| Return On Equity | 0.17 | 0.18 |
Things to note about Everspin Technologies performance evaluation
Checking the ongoing alerts about Everspin Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Everspin Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Everspin Technologies is unlikely to experience financial distress in the next 2 years | |
| Everspin Technologies has a strong financial position based on the latest SEC filings | |
| About 60.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Acquisition by Finch Lawrence G of 2303 shares of Everspin Technologies subject to Rule 16b-3 |
- Analyzing Everspin 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 Everspin Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Everspin 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 Everspin Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Everspin Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Everspin Technologies' stock. These opinions can provide insight into Everspin Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Everspin Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Everspin Stock, please use our How to Invest in Everspin Technologies guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Everspin Technologies. If investors know Everspin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Everspin Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Earnings Share 0.07 | Revenue Per Share 2.516 | Quarterly Revenue Growth (0.27) | Return On Assets (0.04) |
The market value of Everspin Technologies is measured differently than its book value, which is the value of Everspin that is recorded on the company's balance sheet. Investors also form their own opinion of Everspin Technologies' value that differs from its market value or its book value, called intrinsic value, which is Everspin Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Everspin Technologies' market value can be influenced by many factors that don't directly affect Everspin Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Everspin Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Everspin Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Everspin Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.