8Common (Australia) Performance
| 8CO Stock | 0.03 0 3.33% |
The firm shows a Beta (market volatility) of 0.56, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 8Common's returns are expected to increase less than the market. However, during the bear market, the loss of holding 8Common is expected to be smaller as well. At this point, 8Common has a negative expected return of -0.1%. Please make sure to confirm 8Common's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if 8Common performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days 8Common has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest uncertain performance, the Stock's basic indicators remain stable and the newest uproar on Wall Street may also be a sign of mid-term gains for the firm private investors. ...more
| Begin Period Cash Flow | 1.8 M |
8Common |
8Common Relative Risk vs. Return Landscape
If you would invest 3.40 in 8Common on August 24, 2024 and sell it today you would lose (0.50) from holding 8Common or give up 14.71% of portfolio value over 90 days. 8Common is producing return of less than zero assuming 5.4239% volatility of returns over the 90 days investment horizon. Simply put, 48% of all stocks have less volatile historical return distribution than 8Common, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
8Common Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 8Common's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as 8Common, and traders can use it to determine the average amount a 8Common'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 = -0.0189
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 8CO |
Estimated Market Risk
| 5.42 actual daily | 48 52% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average 8Common 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 8Common by adding 8Common to a well-diversified portfolio.
8Common Fundamentals Growth
8Common Stock prices reflect investors' perceptions of the future prospects and financial health of 8Common, and 8Common 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 8Common Stock performance.
| Return On Equity | -1.47 | |||
| Return On Asset | -0.36 | |||
| Profit Margin | (0.31) % | |||
| Operating Margin | (0.15) % | |||
| Current Valuation | 6.37 M | |||
| Shares Outstanding | 224.1 M | |||
| Price To Book | 15.57 X | |||
| Price To Sales | 0.83 X | |||
| Revenue | 8.12 M | |||
| EBITDA | (1.92 M) | |||
| Cash And Equivalents | 1.81 M | |||
| Total Debt | 2.73 M | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (1.68 M) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 3.15 M | |||
| Retained Earnings | (15.3 M) | |||
About 8Common Performance
Assessing 8Common's fundamental ratios provides investors with valuable insights into 8Common's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the 8Common is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about 8Common performance evaluation
Checking the ongoing alerts about 8Common for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for 8Common help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 8Common generated a negative expected return over the last 90 days | |
| 8Common has high historical volatility and very poor performance | |
| 8Common has some characteristics of a very speculative penny stock | |
| 8Common has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 8.12 M. Net Loss for the year was (2.55 M) with loss before overhead, payroll, taxes, and interest of (573.12 K). | |
| 8Common has accumulated about 1.81 M in cash with (1.68 M) of positive cash flow from operations. | |
| Roughly 42.0% of the company shares are owned by insiders or employees |
- Analyzing 8Common'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 8Common's stock is overvalued or undervalued compared to its peers.
- Examining 8Common'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 8Common's management team can have a significant impact on its success or failure. Reviewing the track record and experience of 8Common's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of 8Common's stock. These opinions can provide insight into 8Common's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for 8Common Stock Analysis
When running 8Common's price analysis, check to measure 8Common'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 8Common is operating at the current time. Most of 8Common's value examination focuses on studying past and present price action to predict the probability of 8Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 8Common's price. Additionally, you may evaluate how the addition of 8Common to your portfolios can decrease your overall portfolio volatility.