Megatech Corp Stock Performance
| MGTC Stock | USD 0.16 0.00 0.00% |
Megatech Corp holds a performance score of 9 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -3.16, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Megatech Corp are expected to decrease by larger amounts. On the other hand, during market turmoil, Megatech Corp is expected to outperform it. Use Megatech Corp coefficient of variation, jensen alpha, as well as the relationship between the Jensen Alpha and rate of daily change , to analyze future returns on Megatech Corp.
Risk-Adjusted Performance
9 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Megatech Corp are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather weak basic indicators, Megatech Corp exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
| Price Earnings Ratio | 1.6778 | |
| Total Cashflows From Investing Activities | -4469.00 |
Megatech |
Megatech Corp Relative Risk vs. Return Landscape
If you would invest 6.50 in Megatech Corp on August 27, 2024 and sell it today you would earn a total of 9.50 from holding Megatech Corp or generate 146.15% return on investment over 90 days. Megatech Corp is currently generating 2.2837% in daily expected returns and assumes 18.2692% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Megatech, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Megatech Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Megatech Corp's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Megatech Corp, and traders can use it to determine the average amount a Megatech Corp'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 = 0.125
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Estimated Market Risk
| 18.27 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.28 actual daily | 45 55% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Megatech Corp is performing at about 9% 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 Megatech Corp by adding it to a well-diversified portfolio.
Megatech Corp Fundamentals Growth
Megatech Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Megatech Corp, and Megatech Corp 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 Megatech Pink Sheet performance.
| Return On Equity | -0.44 | |||
| Return On Asset | -0.18 | |||
| Profit Margin | (0.18) % | |||
| Operating Margin | (0.18) % | |||
| Current Valuation | 371.16 K | |||
| Price To Earning | 1.68 X | |||
| Price To Book | 0.89 X | |||
| Price To Sales | 0.29 X | |||
| Revenue | 3.17 M | |||
| EBITDA | (253.87 K) | |||
| Cash And Equivalents | 37.58 K | |||
| Cash Per Share | 0.01 X | |||
| Debt To Equity | 0.25 % | |||
| Book Value Per Share | 0.13 X | |||
| Cash Flow From Operations | 310.68 K | |||
| Earnings Per Share | 0.09 X | |||
| Total Asset | 829.33 K | |||
| Retained Earnings | (3.58 M) | |||
| Current Asset | 814 K | |||
| Current Liabilities | 368 K | |||
About Megatech Corp Performance
By analyzing Megatech Corp's fundamental ratios, stakeholders can gain valuable insights into Megatech Corp's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Megatech Corp 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 Megatech Corp has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Megatech Corporation develops multi-fueled engines and electric dynamometers. The company was founded in 1970 and is based in Tewksbury, Massachusetts. MEGATECH CORP operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 11 people.Things to note about Megatech Corp performance evaluation
Checking the ongoing alerts about Megatech Corp for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Megatech Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Megatech Corp is way too risky over 90 days horizon | |
| Megatech Corp has some characteristics of a very speculative penny stock | |
| Megatech Corp appears to be risky and price may revert if volatility continues | |
| Megatech Corp has high likelihood to experience some financial distress in the next 2 years |
- Analyzing Megatech Corp'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 Megatech Corp's stock is overvalued or undervalued compared to its peers.
- Examining Megatech Corp'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 Megatech Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Megatech Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Megatech Corp's pink sheet. These opinions can provide insight into Megatech Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Megatech Pink Sheet analysis
When running Megatech Corp's price analysis, check to measure Megatech Corp'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 Megatech Corp is operating at the current time. Most of Megatech Corp's value examination focuses on studying past and present price action to predict the probability of Megatech Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Megatech Corp's price. Additionally, you may evaluate how the addition of Megatech Corp to your portfolios can decrease your overall portfolio volatility.
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