Is Connexa Sports Stock a Good Investment?
Connexa Sports Investment Advice | YYAI |
- Examine Connexa Sports' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Connexa Sports' leadership team and their track record. Good management can help Connexa Sports navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Apparel, Accessories & Luxury Goods space and any emerging trends that could impact Connexa Sports' business and its evolving consumer preferences.
- Compare Connexa Sports' performance and market position to its competitors. Analyze how Connexa Sports is positioned in terms of product offerings, innovation, and market share.
- Check if Connexa Sports pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Connexa Sports' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Connexa Sports Technologies stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Connexa Sports Technologies is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Connexa Sports Stock
Researching Connexa Sports' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 33.0% of the company outstanding shares are owned by insiders. The company recorded a loss per share of 43.42. Connexa Sports Techn had not issued any dividends in recent years. The entity had 1:40 split on the 25th of September 2023.
To determine if Connexa Sports is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Connexa Sports' research are outlined below:
| Connexa Sports Techn generated a negative expected return over the last 90 days | |
| Connexa Sports Techn has high historical volatility and very poor performance | |
| Connexa Sports Techn has some characteristics of a very speculative penny stock | |
| Connexa Sports Technologies was previously known as CNXA Old and was traded on NASDAQ Exchange under the symbol CNXA. | |
| The company reported the previous year's revenue of 8.4 M. Net Loss for the year was (15.64 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Connexa Sports generates negative cash flow from operations | |
| About 33.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Connexa Sports Tech stock hits 52-week low at 0.52 amid downturn - Investing.com |
Connexa Sports Quarterly Liabilities And Stockholders Equity |
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Know Connexa Sports' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Connexa Sports is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Connexa Sports Technologies backward and forwards among themselves. Connexa Sports' institutional investor refers to the entity that pools money to purchase Connexa Sports' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Jane Street Group Llc | 2024-09-30 | 0.0 | Atria Wealth Solutions, Inc. | 2024-06-30 | 0.0 | Jpmorgan Chase & Co | 2024-09-30 | 0.0 | Armistice Capital, Llc | 2024-06-30 | 0.0 | Virtu Financial Llc | 2024-06-30 | 0.0 | Two Sigma Securities, Llc | 2024-06-30 | 0.0 | Hrt Financial Llc | 2024-06-30 | 0.0 | Vanguard Group Inc | 2024-09-30 | 35.1 K | Geode Capital Management, Llc | 2024-09-30 | 19.6 K | Ubs Group Ag | 2024-09-30 | 1.2 K | Tower Research Capital Llc | 2024-09-30 | 991 |
Connexa Sports' market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 277.09 M.Market Cap |
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Connexa Sports' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.83) | (0.87) | |
| Return On Capital Employed | (0.77) | (0.73) | |
| Return On Assets | (0.83) | (0.87) | |
| Return On Equity | (1.87) | (1.78) |
Determining Connexa Sports' profitability involves analyzing its financial statements and using various financial metrics to determine if Connexa Sports is a good buy. For example, gross profit margin measures Connexa Sports' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Connexa Sports' profitability and make more informed investment decisions.
Evaluate Connexa Sports' management efficiency
Connexa Sports Techn has return on total asset (ROA) of (0.5654) % which means that it has lost $0.5654 on every $100 spent on assets. This is way below average. Connexa Sports' management efficiency ratios could be used to measure how well Connexa Sports manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.87. The Connexa Sports' current Return On Capital Employed is estimated to increase to -0.73. As of now, Connexa Sports' Asset Turnover is decreasing as compared to previous years.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 17.92 | 18.82 | |
| Tangible Book Value Per Share | 17.92 | 18.82 | |
| Enterprise Value Over EBITDA | (0.85) | (0.81) | |
| Price Book Value Ratio | 0.87 | 0.82 | |
| Enterprise Value Multiple | (0.85) | (0.81) | |
| Price Fair Value | 0.87 | 0.82 | |
| Enterprise Value | 8.8 M | 4.7 M |
Evaluating the management effectiveness of Connexa Sports allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The Connexa Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Beta 1.782 |
Basic technical analysis of Connexa Stock
As of the 31st of January, Connexa Sports shows the Mean Deviation of 7.95, standard deviation of 11.54, and Risk Adjusted Performance of (0.20). In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Connexa Sports, as well as the relationship between them.Understand Connexa Sports' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Connexa Sports' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.20) | |||
| Market Risk Adjusted Performance | 20.88 | |||
| Mean Deviation | 7.95 | |||
| Coefficient Of Variation | (393.19) | |||
| Standard Deviation | 11.54 | |||
| Variance | 133.19 | |||
| Information Ratio | (0.26) | |||
| Jensen Alpha | (2.93) | |||
| Total Risk Alpha | (4.19) | |||
| Treynor Ratio | 20.87 | |||
| Maximum Drawdown | 62.1 | |||
| Value At Risk | (25.04) | |||
| Potential Upside | 10.9 | |||
| Skewness | (0.15) | |||
| Kurtosis | 1.92 |
| Risk Adjusted Performance | (0.20) | |||
| Market Risk Adjusted Performance | 20.88 | |||
| Mean Deviation | 7.95 | |||
| Coefficient Of Variation | (393.19) | |||
| Standard Deviation | 11.54 | |||
| Variance | 133.19 | |||
| Information Ratio | (0.26) | |||
| Jensen Alpha | (2.93) | |||
| Total Risk Alpha | (4.19) | |||
| Treynor Ratio | 20.87 | |||
| Maximum Drawdown | 62.1 | |||
| Value At Risk | (25.04) | |||
| Potential Upside | 10.9 | |||
| Skewness | (0.15) | |||
| Kurtosis | 1.92 |
Consider Connexa Sports' intraday indicators
Connexa Sports intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Connexa Sports stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 134748.0 | |||
| Daily Balance Of Power | (0.12) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 0.41 | |||
| Day Typical Price | 0.41 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | (0.01) |
Connexa Stock media impact
Far too much social signal, news, headlines, and media speculation about Connexa Sports that are available to investors today. That information is available publicly through Connexa media outlets and privately through word of mouth or via Connexa internal channels. However, regardless of the origin, that massive amount of Connexa data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Connexa Sports news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Connexa Sports relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Connexa Sports' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Connexa Sports alpha.
Connexa Sports Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Connexa Sports can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Already Invested in Connexa Sports Technologies?
The danger of trading Connexa Sports Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Connexa Sports is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Connexa Sports. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Connexa Sports Techn is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Connexa Sports Techn offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Connexa Sports' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Connexa Sports Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Connexa Sports Technologies Stock: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Connexa Sports 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. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Apparel, Accessories & Luxury Goods 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 Connexa Sports. If investors know Connexa 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 Connexa Sports listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Connexa Sports Techn is measured differently than its book value, which is the value of Connexa that is recorded on the company's balance sheet. Investors also form their own opinion of Connexa Sports' value that differs from its market value or its book value, called intrinsic value, which is Connexa Sports' 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 Connexa Sports' market value can be influenced by many factors that don't directly affect Connexa Sports' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Connexa Sports' value and its price, as these two are different measures arrived at by various means. Investors typically determine if Connexa Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Connexa Sports' 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.