Nano Magic Performance
| NMGXDelisted Stock | USD 0.25 0.00 0.00% |
The company secures a Beta (Market Risk) of -0.29, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nano Magic are expected to decrease at a much lower rate. During the bear market, Nano Magic is likely to outperform the market. Nano Magic right now secures a risk of 0.0%. Please verify Nano Magic information ratio and kurtosis , to decide if Nano Magic will be following its current price movements.
Risk-Adjusted Performance
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Over the last 90 days Nano Magic has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong technical and fundamental indicators, Nano Magic is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 288.1 K | |
| Total Cashflows From Investing Activities | -127.3 K |
Nano |
Nano Magic Relative Risk vs. Return Landscape
If you would invest 25.00 in Nano Magic on September 2, 2024 and sell it today you would earn a total of 0.00 from holding Nano Magic or generate 0.0% return on investment over 90 days. Nano Magic is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of pink sheets are less volatile than Nano, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Nano Magic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nano Magic's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Nano Magic, and traders can use it to determine the average amount a Nano Magic'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 = 0.0
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Based on monthly moving average Nano Magic 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 Nano Magic by adding Nano Magic to a well-diversified portfolio.
Nano Magic Fundamentals Growth
Nano Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Nano Magic, and Nano Magic 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 Nano Pink Sheet performance.
| Return On Equity | -1.33 | ||||
| Return On Asset | -0.43 | ||||
| Profit Margin | (0.63) % | ||||
| Operating Margin | (1.02) % | ||||
| Current Valuation | 3.69 M | ||||
| Shares Outstanding | 10.43 M | ||||
| Price To Earning | (14.02) X | ||||
| Price To Book | 1.25 X | ||||
| Price To Sales | 0.82 X | ||||
| Revenue | 5.04 M | ||||
| EBITDA | (1.45 M) | ||||
| Cash And Equivalents | 392.53 K | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 115.93 K | ||||
| Debt To Equity | 0.53 % | ||||
| Book Value Per Share | 0.20 X | ||||
| Cash Flow From Operations | (1.38 M) | ||||
| Earnings Per Share | (0.31) X | ||||
| Total Asset | 4.11 M | ||||
| Retained Earnings | (8.3 M) | ||||
| Current Asset | 1.74 M | ||||
| Current Liabilities | 2.97 M | ||||
About Nano Magic Performance
Evaluating Nano Magic's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nano Magic 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 Nano Magic 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.
Nano Magic Holdings Inc. develops, commercializes, and markets consumer and industrial products enabled by nanotechnology primarily in the United States. Nano Magic Holdings Inc. was founded in 1985 and is headquartered in Madison Heights, Michigan. Nano Magic operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. It employs 35 people.Things to note about Nano Magic performance evaluation
Checking the ongoing alerts about Nano Magic for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Nano Magic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nano Magic is not yet fully synchronised with the market data | |
| Nano Magic has some characteristics of a very speculative penny stock | |
| Nano Magic has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 5.04 M. Net Loss for the year was (1.57 M) with profit before overhead, payroll, taxes, and interest of 1.69 M. | |
| Nano Magic currently holds about 392.53 K in cash with (1.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 81.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Nano Magic'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 Nano Magic's stock is overvalued or undervalued compared to its peers.
- Examining Nano Magic'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 Nano Magic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nano Magic's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nano Magic's pink sheet. These opinions can provide insight into Nano Magic's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Other Consideration for investing in Nano Pink Sheet
If you are still planning to invest in Nano Magic check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nano Magic's history and understand the potential risks before investing.
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