Nanomix Stock Performance
| NNMX Stock | USD 0.0002 0.00 0.00% |
Nanomix holds a performance score of 9 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -1.32, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Nanomix are expected to decrease by larger amounts. On the other hand, during market turmoil, Nanomix is expected to outperform it. Use Nanomix information ratio and day median price , to analyze future returns on Nanomix.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Nanomix are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of fairly uncertain primary indicators, Nanomix showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 15.1 K | |
| Total Cashflows From Investing Activities | -272.8 K | |
| Free Cash Flow | -6.7 M |
Nanomix |
Nanomix Relative Risk vs. Return Landscape
If you would invest 0.01 in Nanomix on September 1, 2024 and sell it today you would earn a total of 0.01 from holding Nanomix or generate 100.0% return on investment over 90 days. Nanomix is currently generating 1.5873% in daily expected returns and assumes 12.5988% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Nanomix, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Nanomix Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nanomix's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Nanomix, and traders can use it to determine the average amount a Nanomix'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 = 0.126
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Estimated Market Risk
| 12.6 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.59 actual daily | 31 69% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Nanomix 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 Nanomix by adding it to a well-diversified portfolio.
Nanomix Fundamentals Growth
Nanomix Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Nanomix, and Nanomix 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 Nanomix Pink Sheet performance.
| Return On Asset | -2.6 | |||
| Operating Margin | (541.68) % | |||
| Current Valuation | 16.98 M | |||
| Shares Outstanding | 48.48 M | |||
| Price To Sales | 502.36 X | |||
| Revenue | 141.78 K | |||
| EBITDA | (7.18 M) | |||
| Cash And Equivalents | 8.49 K | |||
| Total Debt | 3.62 M | |||
| Book Value Per Share | (0.24) X | |||
| Cash Flow From Operations | (6.32 M) | |||
| Earnings Per Share | (1.15) X | |||
| Total Asset | 905.71 K | |||
About Nanomix Performance
Evaluating Nanomix's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nanomix 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 Nanomix 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.
Nanomix Corporation develops mobile point-of-care diagnostic system that is used in performing a range of in vitro diagnostic tests in various environments. Nanomix Corporation was founded in 2000 and is headquartered in San Leandro, California. Nanomix Corp operates under Medical Devices classification in the United States and is traded on OTC Exchange. It employs 25 people.Things to note about Nanomix performance evaluation
Checking the ongoing alerts about Nanomix for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Nanomix help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nanomix is way too risky over 90 days horizon | |
| Nanomix has some characteristics of a very speculative penny stock | |
| Nanomix appears to be risky and price may revert if volatility continues | |
| Nanomix has high likelihood to experience some financial distress in the next 2 years | |
| Nanomix currently holds 3.62 M in liabilities. Nanomix has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Nanomix until it has trouble settling it off, either with new capital or with free cash flow. So, Nanomix'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 Nanomix sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nanomix to invest in growth at high rates of return. When we think about Nanomix's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 141.78 K. Net Loss for the year was (9.47 M) with profit before overhead, payroll, taxes, and interest of 141.78 K. | |
| Nanomix currently holds about 8.49 K in cash with (6.32 M) of positive cash flow from operations. | |
| Roughly 57.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Nanomix'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 Nanomix's stock is overvalued or undervalued compared to its peers.
- Examining Nanomix'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 Nanomix's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nanomix's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nanomix's pink sheet. These opinions can provide insight into Nanomix's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Nanomix Pink Sheet Analysis
When running Nanomix's price analysis, check to measure Nanomix'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 Nanomix is operating at the current time. Most of Nanomix's value examination focuses on studying past and present price action to predict the probability of Nanomix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nanomix's price. Additionally, you may evaluate how the addition of Nanomix to your portfolios can decrease your overall portfolio volatility.