MICS Old Performance
| MICSDelisted Stock | USD 0.35 0.05 16.67% |
MICS Old holds a performance score of 27 on a scale of zero to a hundred. The company owns a Beta (Systematic Risk) of -0.5, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning MICS Old are expected to decrease at a much lower rate. During the bear market, MICS Old is likely to outperform the market. Use MICS Old treynor ratio, as well as the relationship between the kurtosis and day typical price , to analyze future returns on MICS Old.
Risk-Adjusted Performance
27 of 100
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Strong
Compared to the overall equity markets, risk-adjusted returns on investments in MICS Old are ranked lower than 27 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain fundamental indicators, MICS Old unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 2.3 M |
MICS |
MICS Old Relative Risk vs. Return Landscape
If you would invest 31.00 in MICS Old on November 2, 2024 and sell it today you would earn a total of 4.00 from holding MICS Old or generate 12.9% return on investment over 90 days. MICS Old is currently generating 2.2021% in daily expected returns and assumes 6.2925% risk (volatility on return distribution) over the 90 days horizon. In different words, 56% of stocks are less volatile than MICS, and 57% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
MICS Old Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MICS Old's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as MICS Old, and traders can use it to determine the average amount a MICS Old'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 = 0.3499
| Best Portfolio | Best Equity | |||
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| Average Returns | MICS | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.29 actual daily | 56 56% of assets are less volatile |
Expected Return
| 2.2 actual daily | 43 57% of assets have higher returns |
Risk-Adjusted Return
| 0.35 actual daily | 27 73% of assets perform better |
Based on monthly moving average MICS Old is performing at about 27% 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 MICS Old by adding it to a well-diversified portfolio.
MICS Old Fundamentals Growth
MICS Stock prices reflect investors' perceptions of the future prospects and financial health of MICS Old, and MICS Old 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 MICS Stock performance.
| Return On Equity | -0.59 | |||
| Return On Asset | -0.13 | |||
| Profit Margin | (0.31) % | |||
| Operating Margin | (0.93) % | |||
| Current Valuation | 10.26 M | |||
| Shares Outstanding | 9.74 M | |||
| Price To Earning | 27.90 X | |||
| Price To Book | 1.25 X | |||
| Price To Sales | 0.19 X | |||
| Revenue | 38.93 M | |||
| EBITDA | (7.81 M) | |||
| Cash And Equivalents | 2.98 M | |||
| Cash Per Share | 0.96 X | |||
| Total Debt | 4.01 M | |||
| Debt To Equity | 0.26 % | |||
| Book Value Per Share | (0.14) X | |||
| Cash Flow From Operations | 548 K | |||
| Earnings Per Share | (1.47) X | |||
| Total Asset | 27.71 M | |||
| Retained Earnings | (25.91 M) | |||
About MICS Old Performance
Assessing MICS Old's fundamental ratios provides investors with valuable insights into MICS Old's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the MICS Old 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.
The Singing Machine Company, Inc., together with its subsidiaries, engages in the development, marketing, and sale of consumer karaoke audio equipment, accessories, and musical recordings in North America, Europe, and Australia. The Singing Machine Company, Inc. was incorporated in 1982 and is headquartered in Fort Lauderdale, Florida. Singing Machine operates under Consumer Electronics classification in the United States and is traded on NASDAQ Exchange. It employs 32 people.Things to note about MICS Old performance evaluation
Checking the ongoing alerts about MICS Old for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for MICS Old help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| MICS Old is now traded under the symbol RIME. Please update your portfolios or report it if you believe this is an error. Report It! | |
| MICS Old is not yet fully synchronised with the market data | |
| MICS Old is way too risky over 90 days horizon | |
| MICS Old has some characteristics of a very speculative penny stock | |
| MICS Old appears to be risky and price may revert if volatility continues | |
| MICS Old has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 38.93 M. Net Loss for the year was (8.53 M) with profit before overhead, payroll, taxes, and interest of 9.21 M. | |
| About 47.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing MICS Old'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 MICS Old's stock is overvalued or undervalued compared to its peers.
- Examining MICS Old'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 MICS Old's management team can have a significant impact on its success or failure. Reviewing the track record and experience of MICS Old's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of MICS Old's stock. These opinions can provide insight into MICS Old's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation 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 various price indices. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Other Consideration for investing in MICS Stock
If you are still planning to invest in MICS Old 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 MICS Old's history and understand the potential risks before investing.
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