Tracxn Technologies (India) Performance
| TRACXN Stock | 72.82 2.05 2.74% |
The entity has a beta of 0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tracxn Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Tracxn Technologies is expected to be smaller as well. At this point, Tracxn Technologies has a negative expected return of -0.39%. Please make sure to validate Tracxn Technologies' treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Tracxn Technologies 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 Tracxn Technologies Limited has generated negative risk-adjusted returns adding no value to investors with long positions. Despite conflicting performance in the last few months, the Stock's fundamental indicators remain somewhat strong which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
| Begin Period Cash Flow | 26.3 M |
Tracxn |
Tracxn Technologies Relative Risk vs. Return Landscape
If you would invest 9,285 in Tracxn Technologies Limited on August 30, 2024 and sell it today you would lose (2,003) from holding Tracxn Technologies Limited or give up 21.57% of portfolio value over 90 days. Tracxn Technologies Limited is generating negative expected returns and assumes 1.8017% volatility on return distribution over the 90 days horizon. Simply put, 16% of stocks are less volatile than Tracxn, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Tracxn Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tracxn Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tracxn Technologies Limited, and traders can use it to determine the average amount a Tracxn 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 = -0.2155
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TRACXN |
Estimated Market Risk
| 1.8 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.39 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tracxn Technologies 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 Tracxn Technologies by adding Tracxn Technologies to a well-diversified portfolio.
Tracxn Technologies Fundamentals Growth
Tracxn Stock prices reflect investors' perceptions of the future prospects and financial health of Tracxn Technologies, and Tracxn 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 Tracxn Stock performance.
| Return On Equity | 0.0996 | ||||
| Return On Asset | 0.0262 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 7.07 B | ||||
| Shares Outstanding | 105.44 M | ||||
| Price To Book | 11.40 X | ||||
| Price To Sales | 9.66 X | ||||
| Revenue | 827.71 M | ||||
| Gross Profit | 109.9 M | ||||
| EBITDA | 45.87 M | ||||
| Net Income | 65.01 M | ||||
| Total Debt | 421.96 M | ||||
| Book Value Per Share | 6.85 X | ||||
| Cash Flow From Operations | 112.47 M | ||||
| Earnings Per Share | 0.02 X | ||||
| Total Asset | 1.13 B | ||||
| Retained Earnings | (778.95 M) | ||||
About Tracxn Technologies Performance
By analyzing Tracxn Technologies' fundamental ratios, stakeholders can gain valuable insights into Tracxn Technologies' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Tracxn Technologies 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 Tracxn Technologies has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Tracxn Technologies is entity of India. It is traded as Stock on NSE exchange.Things to note about Tracxn Technologies performance evaluation
Checking the ongoing alerts about Tracxn Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Tracxn Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tracxn Technologies generated a negative expected return over the last 90 days | |
| Tracxn Technologies is unlikely to experience financial distress in the next 2 years | |
| About 39.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Tracxn 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 Tracxn Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Tracxn 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 Tracxn Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tracxn Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tracxn Technologies' stock. These opinions can provide insight into Tracxn Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Tracxn Stock analysis
When running Tracxn Technologies' price analysis, check to measure Tracxn Technologies' 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 Tracxn Technologies is operating at the current time. Most of Tracxn Technologies' value examination focuses on studying past and present price action to predict the probability of Tracxn Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tracxn Technologies' price. Additionally, you may evaluate how the addition of Tracxn Technologies to your portfolios can decrease your overall portfolio volatility.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |