Ntg Clarity Networks Stock Performance
| NCI Stock | CAD 1.80 0.06 3.23% |
On a scale of 0 to 100, NTG Clarity holds a performance score of 12. The company secures a Beta (Market Risk) of 0.15, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NTG Clarity's returns are expected to increase less than the market. However, during the bear market, the loss of holding NTG Clarity is expected to be smaller as well. Please check NTG Clarity's jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether NTG Clarity's current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in NTG Clarity Networks are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, NTG Clarity showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 725 K |
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NTG Clarity Relative Risk vs. Return Landscape
If you would invest 118.00 in NTG Clarity Networks on November 6, 2024 and sell it today you would earn a total of 62.00 from holding NTG Clarity Networks or generate 52.54% return on investment over 90 days. NTG Clarity Networks is currently producing 0.8161% returns and takes up 4.997% volatility of returns over 90 trading days. Put another way, 44% of traded stocks are less volatile than NTG, and 84% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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NTG Clarity Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NTG Clarity's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NTG Clarity Networks, and traders can use it to determine the average amount a NTG Clarity'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 = 0.1633
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Estimated Market Risk
| 5.0 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.82 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average NTG Clarity is performing at about 12% 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 NTG Clarity by adding it to a well-diversified portfolio.
NTG Clarity Fundamentals Growth
NTG Stock prices reflect investors' perceptions of the future prospects and financial health of NTG Clarity, and NTG Clarity 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 NTG Stock performance.
| Return On Asset | 0.21 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.21 % | ||||
| Current Valuation | 80.02 M | ||||
| Shares Outstanding | 42.16 M | ||||
| Price To Earning | 10.00 X | ||||
| Price To Book | 8.49 X | ||||
| Price To Sales | 1.99 X | ||||
| Revenue | 27.73 M | ||||
| EBITDA | 3.02 M | ||||
| Cash And Equivalents | 147.99 K | ||||
| Total Debt | 8.8 M | ||||
| Debt To Equity | 1.28 % | ||||
| Book Value Per Share | (0.09) X | ||||
| Cash Flow From Operations | 1.47 M | ||||
| Earnings Per Share | 0.05 X | ||||
| Total Asset | 12.39 M | ||||
| Retained Earnings | (20.47 M) | ||||
About NTG Clarity Performance
Evaluating NTG Clarity's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if NTG Clarity 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 NTG Clarity 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.
NTG Clarity Networks Inc. provides telecommunications engineering, information technology, networking, and related software solutions in Canada and Egypt. The company was founded in 1992 and is headquartered in Markham, Canada. NTG Clarity operates under Information Technology Services classification in Canada and is traded on TSX Venture Exchange.Things to note about NTG Clarity Networks performance evaluation
Checking the ongoing alerts about NTG Clarity for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NTG Clarity Networks help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NTG Clarity Networks may become a speculative penny stock | |
| NTG Clarity Networks appears to be risky and price may revert if volatility continues | |
| NTG Clarity Networks has accumulated 8.8 M in total debt with debt to equity ratio (D/E) of 1.28, which is about average as compared to similar companies. NTG Clarity Networks has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist NTG Clarity until it has trouble settling it off, either with new capital or with free cash flow. So, NTG Clarity's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NTG Clarity Networks sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NTG to invest in growth at high rates of return. When we think about NTG Clarity's use of debt, we should always consider it together with cash and equity. | |
| About 41.0% of NTG Clarity outstanding shares are owned by corporate insiders |
- Analyzing NTG Clarity'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 NTG Clarity's stock is overvalued or undervalued compared to its peers.
- Examining NTG Clarity'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 NTG Clarity's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NTG Clarity's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NTG Clarity's stock. These opinions can provide insight into NTG Clarity's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for NTG Stock Analysis
When running NTG Clarity's price analysis, check to measure NTG Clarity'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 NTG Clarity is operating at the current time. Most of NTG Clarity's value examination focuses on studying past and present price action to predict the probability of NTG Clarity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NTG Clarity's price. Additionally, you may evaluate how the addition of NTG Clarity to your portfolios can decrease your overall portfolio volatility.