Akumin Inc Performance
The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Akumin are completely uncorrelated.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Akumin Inc has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable forward-looking signals, Akumin is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Begin Period Cash Flow | 48.4 M | |
| Total Cashflows From Investing Activities | -38.7 M |
Akumin |
Akumin Relative Risk vs. Return Landscape
If you would invest (100.00) in Akumin Inc on November 19, 2024 and sell it today you would earn a total of 100.00 from holding Akumin Inc or generate -100.0% return on investment over 90 days. Akumin Inc is generating negative expected returns assuming volatility of 0.0% on return distribution over 90 days investment horizon. In other words, 0% of stocks are less volatile than Akumin, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Akumin Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Akumin's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Akumin Inc, and traders can use it to determine the average amount a Akumin'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 Akumin 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 Akumin by adding Akumin to a well-diversified portfolio.
Akumin Fundamentals Growth
Akumin Stock prices reflect investors' perceptions of the future prospects and financial health of Akumin, and Akumin 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 Akumin Stock performance.
| Return On Equity | -1.75 | |||
| Return On Asset | 0.0105 | |||
| Profit Margin | (0.31) % | |||
| Operating Margin | (0.05) % | |||
| Current Valuation | 1.66 B | |||
| Shares Outstanding | 91 M | |||
| Price To Book | 2.80 X | |||
| Price To Sales | 0.11 X | |||
| Revenue | 749.63 M | |||
| EBITDA | 139.86 M | |||
| Cash And Equivalents | 38.45 M | |||
| Cash Per Share | 0.43 X | |||
| Total Debt | 1.48 B | |||
| Debt To Equity | 5.64 % | |||
| Book Value Per Share | (1.97) X | |||
| Cash Flow From Operations | 65.37 M | |||
| Earnings Per Share | (2.52) X | |||
| Total Asset | 1.77 B | |||
| Retained Earnings | (280.19 M) | |||
Things to note about Akumin Inc performance evaluation
Checking the ongoing alerts about Akumin for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Akumin Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Akumin Inc is not yet fully synchronised with the market data | |
| Akumin Inc has some characteristics of a very speculative penny stock | |
| Akumin Inc has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 749.63 M. Reported Net Loss for the year was (151.59 M) with profit before taxes, overhead, and interest of 190.08 M. | |
| About 33.0% of the company shares are held by company insiders |
- Analyzing Akumin'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 Akumin's stock is overvalued or undervalued compared to its peers.
- Examining Akumin'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 Akumin's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Akumin's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Akumin's stock. These opinions can provide insight into Akumin's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities 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 industry. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Other Consideration for investing in Akumin Stock
If you are still planning to invest in Akumin Inc 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 Akumin's history and understand the potential risks before investing.
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