Shimmick Common Stock Performance
| SHIM Stock | 2.35 0.18 8.29% |
The entity has a beta of 0.26, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shimmick Common's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shimmick Common is expected to be smaller as well. At this point, Shimmick Common has a negative expected return of -0.43%. Please make sure to validate Shimmick Common's information ratio, potential upside, as well as the relationship between the Potential Upside and rate of daily change , to decide if Shimmick Common 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 Shimmick Common has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Stock's forward indicators remain very healthy which may send shares a bit higher in December 2024. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
Actual Historical Performance (%)
One Day Return 2.61 | Five Day Return (1.14) | Year To Date Return (66.90) | Ten Year Return (66.17) | All Time Return (66.17) |
1 | Shimmick and Jardine Strategic Critical Analysis | 09/20/2024 |
2 | Head-To-Head Review Shimmick vs. Its Peers | 10/16/2024 |
3 | Shimmick reaches 97M Golden Gate Bridge Project settlement | 11/04/2024 |
4 | Shimmick Corporation Announces Third Quarter 2024 Earnings Release Date and Conference Call | 11/07/2024 |
5 | Financial Review Shimmick The Competition | 11/12/2024 |
6 | Shimmick Third Quarter 2024 Earnings Beats Expectations | 11/15/2024 |
| Begin Period Cash Flow | 82.1 M |
Shimmick |
Shimmick Common Relative Risk vs. Return Landscape
If you would invest 307.00 in Shimmick Common on August 31, 2024 and sell it today you would lose (90.00) from holding Shimmick Common or give up 29.32% of portfolio value over 90 days. Shimmick Common is currently does not generate positive expected returns and assumes 4.8714% risk (volatility on return distribution) over the 90 days horizon. In different words, 43% of stocks are less volatile than Shimmick, 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 |
Shimmick Common Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shimmick Common's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Shimmick Common, and traders can use it to determine the average amount a Shimmick Common'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 = -0.0887
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| Negative Returns | SHIM |
Estimated Market Risk
| 4.87 actual daily | 43 57% of assets are more volatile |
Expected Return
| -0.43 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 Shimmick Common 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 Shimmick Common by adding Shimmick Common to a well-diversified portfolio.
Shimmick Common Fundamentals Growth
Shimmick Stock prices reflect investors' perceptions of the future prospects and financial health of Shimmick Common, and Shimmick Common 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 Shimmick Stock performance.
| Return On Equity | -4.02 | ||||
| Return On Asset | -0.15 | ||||
| Profit Margin | (0.13) % | ||||
| Operating Margin | (0.55) % | ||||
| Current Valuation | 104.23 M | ||||
| Shares Outstanding | 33.8 M | ||||
| Price To Book | 64.64 X | ||||
| Price To Sales | 0.14 X | ||||
| Revenue | 632.81 M | ||||
| EBITDA | (24.63 M) | ||||
| Net Income | (2.29 M) | ||||
| Total Debt | 44.67 M | ||||
| Book Value Per Share | 2.79 X | ||||
| Cash Flow From Operations | (88.1 M) | ||||
| Earnings Per Share | (3.08) X | ||||
| Market Capitalization | 73.17 M | ||||
| Total Asset | 426.65 M | ||||
| Retained Earnings | 46.54 M | ||||
| Working Capital | (13.79 M) | ||||
About Shimmick Common Performance
By examining Shimmick Common's fundamental ratios, stakeholders can obtain critical insights into Shimmick Common's 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 Shimmick Common 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 | 2.83 | 3.84 | |
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.11 | 0.12 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.08 | 0.08 |
Things to note about Shimmick Common performance evaluation
Checking the ongoing alerts about Shimmick Common for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Shimmick Common help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Shimmick Common generated a negative expected return over the last 90 days | |
| Shimmick Common has high historical volatility and very poor performance | |
| Shimmick Common has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 632.81 M. Net Loss for the year was (2.29 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Shimmick Common generates negative cash flow from operations | |
| Shimmick Common has a poor financial position based on the latest SEC disclosures | |
| About 91.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from simplywall.st: Shimmick Third Quarter 2024 Earnings Beats Expectations |
- Analyzing Shimmick Common'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 Shimmick Common's stock is overvalued or undervalued compared to its peers.
- Examining Shimmick Common'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 Shimmick Common's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Shimmick Common's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Shimmick Common's stock. These opinions can provide insight into Shimmick Common's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shimmick Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Shimmick Stock, please use our How to Invest in Shimmick Common guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Construction & Engineering 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 Shimmick Common. If investors know Shimmick 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 Shimmick Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.08) | Revenue Per Share 21.127 | Quarterly Revenue Growth (0.42) | Return On Assets (0.15) | Return On Equity (4.02) |
The market value of Shimmick Common is measured differently than its book value, which is the value of Shimmick that is recorded on the company's balance sheet. Investors also form their own opinion of Shimmick Common's value that differs from its market value or its book value, called intrinsic value, which is Shimmick Common's 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 Shimmick Common's market value can be influenced by many factors that don't directly affect Shimmick Common's 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 Shimmick Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shimmick Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shimmick Common's 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.