Ess Tech Stock Performance
| GWH Stock | USD 5.19 0.02 0.38% |
The firm shows a Beta (market volatility) of 2.77, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ESS Tech will likely underperform. At this point, ESS Tech has a negative expected return of -0.43%. Please make sure to confirm ESS Tech's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if ESS Tech performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days ESS Tech has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain fairly strong which may send shares a bit higher in December 2024. The recent confusion may also be a sign of long-lasting up-swing for the firm traders. ...more
Actual Historical Performance (%)
One Day Return 22.35 | Five Day Return (12.41) | Year To Date Return (63.82) | Ten Year Return (95.72) | All Time Return (95.72) |
Last Split Factor 1:15 | Last Split Date 2024-08-26 |
1 | Disposition of 11852 shares by Niggli Michael R of ESS Tech at 6.88 subject to Rule 16b-3 | 08/29/2024 |
2 | Acquisition by Teamey Kyle of 142 shares of ESS Tech at 6.73 subject to Rule 16b-3 | 08/30/2024 |
3 | Disposition of 12628 shares by Craig Evans of ESS Tech at 3.72 subject to Rule 16b-3 | 09/06/2024 |
4 | Disposition of 7000 shares by Nijhawan Sandeep of ESS Tech at 5.72 subject to Rule 16b-3 | 09/11/2024 |
5 | ESS Australian Partner Raises AU65M in Public and Private Funds to Accelerate Iron Flow Deployments | 09/24/2024 |
6 | Q3 2024 EPS Estimates for ESS Tech, Inc. Cut by Roth Capital - MarketBeat | 09/27/2024 |
7 | ESS Tech Trading Up 6.9 percent Whats Next | 10/14/2024 |
8 | Discretionary transaction by Honeywell International Inc of 10631633 shares of ESS Tech at 1.89 subject to Rule 16b-3 | 11/01/2024 |
9 | Acquisition by Wellman Alexi of 29486 shares of ESS Tech subject to Rule 16b-3 | 11/04/2024 |
10 | Portland metro public companys founders depart | 11/12/2024 |
11 | ESS Tech GAAP EPS of -1.90 misses by 0.63, revenue of 0.36M misses by 4.93M | 11/13/2024 |
12 | ESS stock under pressure as Baird cites adoption delays and weak Q3 results | 11/14/2024 |
13 | Acquisition by Eric Dresselhuys of 1000 shares of ESS Tech at 5.2271 subject to Rule 16b-3 | 11/18/2024 |
14 | ESS Tech tumbles 19 percent on disappointing results, analyst downgrades - MSN | 11/20/2024 |
| Begin Period Cash Flow | 36.7 M |
ESS |
ESS Tech Relative Risk vs. Return Landscape
If you would invest 844.00 in ESS Tech on August 24, 2024 and sell it today you would lose (325.00) from holding ESS Tech or give up 38.51% of portfolio value over 90 days. ESS Tech is generating negative expected returns assuming volatility of 7.9808% on return distribution over 90 days investment horizon. In other words, 71% of stocks are less volatile than ESS, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
ESS Tech Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ESS Tech's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ESS Tech, and traders can use it to determine the average amount a ESS Tech'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 = -0.0534
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GWH |
Estimated Market Risk
| 7.98 actual daily | 71 71% of assets are less volatile |
Expected Return
| -0.43 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ESS Tech 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 ESS Tech by adding ESS Tech to a well-diversified portfolio.
ESS Tech Fundamentals Growth
ESS Stock prices reflect investors' perceptions of the future prospects and financial health of ESS Tech, and ESS Tech 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 ESS Stock performance.
| Return On Equity | -0.88 | |||
| Return On Asset | -0.42 | |||
| Operating Margin | (66.45) % | |||
| Current Valuation | 8.64 M | |||
| Shares Outstanding | 11.88 M | |||
| Price To Book | 1.25 X | |||
| Price To Sales | 8.30 X | |||
| Revenue | 7.54 M | |||
| Gross Profit | 894 K | |||
| EBITDA | (79.39 M) | |||
| Net Income | (77.58 M) | |||
| Cash And Equivalents | 238.94 M | |||
| Cash Per Share | 1.25 X | |||
| Total Debt | 2.54 M | |||
| Debt To Equity | 0.04 % | |||
| Current Ratio | 9.06 X | |||
| Book Value Per Share | 8.90 X | |||
| Cash Flow From Operations | (54.9 M) | |||
| Earnings Per Share | (6.62) X | |||
| Market Capitalization | 61.67 M | |||
| Total Asset | 143.23 M | |||
| Retained Earnings | (696.16 M) | |||
| Working Capital | 98.33 M | |||
About ESS Tech Performance
By evaluating ESS Tech's fundamental ratios, stakeholders can gain valuable insights into ESS Tech's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ESS Tech 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 ESS Tech has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 59.95 | 56.95 | |
| Return On Tangible Assets | (0.56) | (0.59) | |
| Return On Capital Employed | (0.70) | (0.73) | |
| Return On Assets | (0.54) | (0.57) | |
| Return On Equity | (0.75) | (0.79) |
Things to note about ESS Tech performance evaluation
Checking the ongoing alerts about ESS Tech for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ESS Tech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ESS Tech generated a negative expected return over the last 90 days | |
| ESS Tech has high historical volatility and very poor performance | |
| The company reported the last year's revenue of 7.54 M. Reported Net Loss for the year was (77.58 M) with profit before taxes, overhead, and interest of 894 K. | |
| ESS Tech has about 238.94 M in cash with (54.9 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.25. | |
| ESS Tech has a frail financial position based on the latest SEC disclosures | |
| Roughly 35.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: ESS Tech tumbles 19 percent on disappointing results, analyst downgrades - MSN |
- Analyzing ESS Tech'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 ESS Tech's stock is overvalued or undervalued compared to its peers.
- Examining ESS Tech'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 ESS Tech's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ESS Tech's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ESS Tech's stock. These opinions can provide insight into ESS Tech's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for ESS Stock analysis
When running ESS Tech's price analysis, check to measure ESS Tech'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 ESS Tech is operating at the current time. Most of ESS Tech's value examination focuses on studying past and present price action to predict the probability of ESS Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESS Tech's price. Additionally, you may evaluate how the addition of ESS Tech to your portfolios can decrease your overall portfolio volatility.
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