Nanosonics (Australia) Performance
| NAN Stock | 3.25 0.03 0.93% |
Nanosonics has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.45, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Nanosonics are expected to decrease at a much lower rate. During the bear market, Nanosonics is likely to outperform the market. Nanosonics right now secures a risk of 2.22%. Please verify Nanosonics sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Nanosonics will be following its current price movements.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Nanosonics are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, Nanosonics is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | ASX 200 ends the day up on Monday by 0.81 per cent - MSN | 09/27/2024 |
2 | Nanosonics Limited Reports Strong AGM Results - TipRanks | 11/11/2024 |
| Begin Period Cash Flow | 112.2 M |
Nanosonics |
Nanosonics Relative Risk vs. Return Landscape
If you would invest 323.00 in Nanosonics on August 30, 2024 and sell it today you would earn a total of 2.00 from holding Nanosonics or generate 0.62% return on investment over 90 days. Nanosonics is generating 0.0339% of daily returns assuming 2.2198% volatility of returns over the 90 days investment horizon. Simply put, 19% of all stocks have less volatile historical return distribution than Nanosonics, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Nanosonics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nanosonics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nanosonics, and traders can use it to determine the average amount a Nanosonics' 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 = 0.0153
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| Negative Returns | NAN |
Estimated Market Risk
| 2.22 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Nanosonics is performing at about 1% 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 Nanosonics by adding it to a well-diversified portfolio.
Nanosonics Fundamentals Growth
Nanosonics Stock prices reflect investors' perceptions of the future prospects and financial health of Nanosonics, and Nanosonics 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 Nanosonics Stock performance.
| Return On Equity | 0.075 | ||||
| Return On Asset | 0.0234 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 865.98 M | ||||
| Shares Outstanding | 303.45 M | ||||
| Price To Book | 5.41 X | ||||
| Price To Sales | 5.80 X | ||||
| Revenue | 171.56 M | ||||
| Gross Profit | 91.91 M | ||||
| EBITDA | 21.72 M | ||||
| Net Income | 12.97 M | ||||
| Cash And Equivalents | 1.84 M | ||||
| Total Debt | 9.3 M | ||||
| Book Value Per Share | 0.60 X | ||||
| Cash Flow From Operations | 22.78 M | ||||
| Earnings Per Share | 0.04 X | ||||
| Total Asset | 237.34 M | ||||
| Retained Earnings | 37.71 M | ||||
About Nanosonics Performance
Assessing Nanosonics' fundamental ratios provides investors with valuable insights into Nanosonics' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Nanosonics 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.
Nanosonics is entity of Australia. It is traded as Stock on AU exchange.Things to note about Nanosonics performance evaluation
Checking the ongoing alerts about Nanosonics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nanosonics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nanosonics is unlikely to experience financial distress in the next 2 years | |
| About 18.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Nanosonics Limited Reports Strong AGM Results - TipRanks |
- Analyzing Nanosonics' 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 Nanosonics' stock is overvalued or undervalued compared to its peers.
- Examining Nanosonics' 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 Nanosonics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nanosonics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nanosonics' stock. These opinions can provide insight into Nanosonics' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Nanosonics Stock Analysis
When running Nanosonics' price analysis, check to measure Nanosonics' 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 Nanosonics is operating at the current time. Most of Nanosonics' value examination focuses on studying past and present price action to predict the probability of Nanosonics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nanosonics' price. Additionally, you may evaluate how the addition of Nanosonics to your portfolios can decrease your overall portfolio volatility.