Turtle Beach Corp Performance
| HEARDelisted Stock | USD 17.25 0.05 0.29% |
On a scale of 0 to 100, Turtle Beach holds a performance score of 8. The entity has a beta of 0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Turtle Beach's returns are expected to increase less than the market. However, during the bear market, the loss of holding Turtle Beach is expected to be smaller as well. Please check Turtle Beach's semi variance, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Turtle Beach's existing price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Turtle Beach Corp are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Even with relatively weak basic indicators, Turtle Beach reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 11.4 M |
Turtle |
Turtle Beach Relative Risk vs. Return Landscape
If you would invest 1,530 in Turtle Beach Corp on November 3, 2024 and sell it today you would earn a total of 195.00 from holding Turtle Beach Corp or generate 12.75% return on investment over 90 days. Turtle Beach Corp is currently generating 0.3016% in daily expected returns and assumes 2.6783% risk (volatility on return distribution) over the 90 days horizon. In different words, 23% of stocks are less volatile than Turtle, and 94% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Turtle Beach Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Turtle Beach's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Turtle Beach Corp, and traders can use it to determine the average amount a Turtle Beach'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 = 0.1126
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Estimated Market Risk
| 2.68 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Turtle Beach is performing at about 8% of its full potential. 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 Turtle Beach by adding it to a well-diversified portfolio.
Turtle Beach Fundamentals Growth
Turtle Stock prices reflect investors' perceptions of the future prospects and financial health of Turtle Beach, and Turtle Beach 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 Turtle Stock performance.
| Return On Equity | 0.0528 | |||
| Return On Asset | 0.0415 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.11 % | |||
| Current Valuation | 442.51 M | |||
| Shares Outstanding | 20.08 M | |||
| Price To Earning | 116.00 X | |||
| Price To Book | 3.46 X | |||
| Price To Sales | 1.08 X | |||
| Revenue | 258.12 M | |||
| EBITDA | (12 M) | |||
| Cash And Equivalents | 10.51 M | |||
| Cash Per Share | 0.63 X | |||
| Total Debt | 7.73 M | |||
| Debt To Equity | 0.48 % | |||
| Book Value Per Share | 5.07 X | |||
| Cash Flow From Operations | 27.04 M | |||
| Earnings Per Share | 0.31 X | |||
| Total Asset | 149.97 M | |||
| Retained Earnings | (134.28 M) | |||
| Current Asset | 94.9 M | |||
| Current Liabilities | 69.18 M | |||
About Turtle Beach Performance
Assessing Turtle Beach's fundamental ratios provides investors with valuable insights into Turtle Beach's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Turtle Beach 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.
Turtle Beach Corporation operates as an audio technology company. The company was founded in 1975 and is headquartered in White Plains, New York. Turtle Beach operates under Consumer Electronics classification in the United States and is traded on NASDAQ Exchange. It employs 272 people.Things to note about Turtle Beach Corp performance evaluation
Checking the ongoing alerts about Turtle Beach for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Turtle Beach Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Turtle Beach Corp is now traded under the symbol TBCH. Please update your portfolios or report it if you believe this is an error. Report It! | |
| Turtle Beach Corp is not yet fully synchronised with the market data | |
| Turtle Beach Corp has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 258.12 M. Net Loss for the year was (17.68 M) with profit before overhead, payroll, taxes, and interest of 49.19 M. | |
| About 69.0% of the company shares are owned by institutional investors | |
| Latest headline from benzinga.com: Insights Into Apples Performance Versus Peers In Technology Hardware, Storage Peripherals Sector |
- Analyzing Turtle Beach'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 Turtle Beach's stock is overvalued or undervalued compared to its peers.
- Examining Turtle Beach'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 Turtle Beach's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Turtle Beach's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Turtle Beach's stock. These opinions can provide insight into Turtle Beach's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis 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 nation. 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 Turtle Stock
If you are still planning to invest in Turtle Beach Corp 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 Turtle Beach's history and understand the potential risks before investing.
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