Noco Noco Ordinary Share Stock Performance
| NCNC Stock | 0.03 0.07 69.20% |
The company secures a Beta (Market Risk) of -4.02, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Noco Noco are expected to decrease by larger amounts. On the other hand, during market turmoil, Noco Noco is expected to outperform it. At this point, noco noco Ordinary has a negative expected return of -1.32%. Please make sure to verify Noco Noco's skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if noco noco Ordinary performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days noco noco Ordinary Share has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's basic indicators remain rather sound which may send shares a bit higher in December 2024. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
Last Split Factor 1:50 | Last Split Date 2024-10-17 |
1 | noco-noco Inc Announces Significant New Financing - Committed Equity Facility Up to150 million | 09/13/2024 |
2 | Update noco-noco Inc Announces Significant New Financing - Committed Equity Facility Up to150 million | 09/19/2024 |
3 | noco-noco Takes Significant Step in Re-start efforts with Acquisition of Revolutionary X-SEPA Technology Production Equipment | 10/16/2024 |
4 | noco-noco And DG Capital Group To Sign MOU To Drive Decarbonization Solutions For Energy Transition | 10/29/2024 |
5 | noco-noco Inc to Appeal Nasdaq Delisting Determination | 11/25/2024 |
| Begin Period Cash Flow | 81.6 K |
Noco |
Noco Noco Relative Risk vs. Return Landscape
If you would invest 18.00 in noco noco Ordinary Share on August 28, 2024 and sell it today you would lose (14.92) from holding noco noco Ordinary Share or give up 82.89% of portfolio value over 90 days. noco noco Ordinary Share is currently does not generate positive expected returns and assumes 15.2921% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Noco, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Noco Noco Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Noco Noco's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as noco noco Ordinary Share, and traders can use it to determine the average amount a Noco Noco'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 = -0.0862
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NCNC |
Estimated Market Risk
| 15.29 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.32 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Noco Noco 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 Noco Noco by adding Noco Noco to a well-diversified portfolio.
Noco Noco Fundamentals Growth
Noco Stock prices reflect investors' perceptions of the future prospects and financial health of Noco Noco, and Noco Noco 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 Noco Stock performance.
| Return On Asset | -25.07 | ||||
| Current Valuation | 6.03 M | ||||
| Shares Outstanding | 192.96 M | ||||
| EBITDA | (16.84 M) | ||||
| Net Income | (16.79 M) | ||||
| Total Debt | 209.75 K | ||||
| Book Value Per Share | (0.08) X | ||||
| Cash Flow From Operations | (2.98 M) | ||||
| Earnings Per Share | (0.15) X | ||||
| Market Capitalization | 20.16 M | ||||
| Total Asset | 691.2 K | ||||
| Retained Earnings | (19.14 M) | ||||
| Working Capital | (304.45 K) | ||||
About Noco Noco Performance
By analyzing Noco Noco's fundamental ratios, stakeholders can gain valuable insights into Noco Noco's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Noco Noco 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 Noco Noco has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (27.94) | (26.54) | |
| Return On Capital Employed | 219.04 | 229.99 | |
| Return On Assets | (27.94) | (26.54) | |
| Return On Equity | 4.11 | 4.31 |
Things to note about noco noco Ordinary performance evaluation
Checking the ongoing alerts about Noco Noco for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for noco noco Ordinary help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| noco noco Ordinary generated a negative expected return over the last 90 days | |
| noco noco Ordinary has high historical volatility and very poor performance | |
| noco noco Ordinary has some characteristics of a very speculative penny stock | |
| noco noco Ordinary has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (16.79 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Noco Noco generates negative cash flow from operations | |
| About 74.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: noco-noco Inc to Appeal Nasdaq Delisting Determination |
- Analyzing Noco Noco'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 Noco Noco's stock is overvalued or undervalued compared to its peers.
- Examining Noco Noco'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 Noco Noco's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Noco Noco's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Noco Noco's stock. These opinions can provide insight into Noco Noco's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Noco Stock analysis
When running Noco Noco's price analysis, check to measure Noco Noco'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 Noco Noco is operating at the current time. Most of Noco Noco's value examination focuses on studying past and present price action to predict the probability of Noco Noco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Noco Noco's price. Additionally, you may evaluate how the addition of Noco Noco to your portfolios can decrease your overall portfolio volatility.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |