Enerkon Solar International Stock Performance
| NTAC Stock | USD 0.0002 0.0001 33.33% |
Enerkon Solar holds a performance score of 6 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 2.92, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Enerkon Solar will likely underperform. Use Enerkon Solar information ratio, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to analyze future returns on Enerkon Solar.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Enerkon Solar International are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of rather weak basic indicators, Enerkon Solar exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Enerkon |
Enerkon Solar Relative Risk vs. Return Landscape
If you would invest 1.00 in Enerkon Solar International on August 28, 2024 and sell it today you would lose (0.98) from holding Enerkon Solar International or give up 98.0% of portfolio value over 90 days. Enerkon Solar International is currently generating 5.4447% in daily expected returns and assumes 65.5598% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Enerkon, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Enerkon Solar Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enerkon Solar's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Enerkon Solar International, and traders can use it to determine the average amount a Enerkon Solar'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 = 0.083
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Estimated Market Risk
| 65.56 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Enerkon Solar is performing at about 6% 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 Enerkon Solar by adding it to a well-diversified portfolio.
Enerkon Solar Fundamentals Growth
Enerkon Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Enerkon Solar, and Enerkon Solar 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 Enerkon Pink Sheet performance.
| Return On Equity | -0.22 | |||
| Return On Asset | 0.0424 | |||
| Profit Margin | (0.42) % | |||
| Operating Margin | 0.15 % | |||
| Current Valuation | 4.64 M | |||
| Shares Outstanding | 46.41 M | |||
| Price To Book | 30.90 X | |||
| Price To Sales | 50.52 X | |||
| Revenue | 91.87 K | |||
| Cash And Equivalents | 138.06 K | |||
| Total Debt | 15.08 K | |||
| Debt To Equity | 0.1 % | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | 79 K | |||
About Enerkon Solar Performance
By analyzing Enerkon Solar's fundamental ratios, stakeholders can gain valuable insights into Enerkon Solar's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Enerkon Solar 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 Enerkon Solar has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
New Technology Acquisition Holdings, Inc. operates utility scale PV power plants and renewable systems with focus on the Americas, Asia, the Middle East, and Africa. New Technology Acquisition Holdings, Inc. was incorporated in 1986 and is based in New York, New York. New Technology operates under Solar classification in the United States and is traded on OTC Exchange.Things to note about Enerkon Solar Intern performance evaluation
Checking the ongoing alerts about Enerkon Solar for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Enerkon Solar Intern help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Enerkon Solar Intern is way too risky over 90 days horizon | |
| Enerkon Solar Intern has some characteristics of a very speculative penny stock | |
| Enerkon Solar Intern appears to be risky and price may revert if volatility continues | |
| Enerkon Solar Intern has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 91.87 K. Net Loss for the year was (98.9 K) with profit before overhead, payroll, taxes, and interest of 58.68 K. | |
| About 50.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Enerkon Solar'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 Enerkon Solar's stock is overvalued or undervalued compared to its peers.
- Examining Enerkon Solar'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 Enerkon Solar's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Enerkon Solar's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Enerkon Solar's pink sheet. These opinions can provide insight into Enerkon Solar's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Enerkon Pink Sheet analysis
When running Enerkon Solar's price analysis, check to measure Enerkon Solar'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 Enerkon Solar is operating at the current time. Most of Enerkon Solar's value examination focuses on studying past and present price action to predict the probability of Enerkon Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enerkon Solar's price. Additionally, you may evaluate how the addition of Enerkon Solar to your portfolios can decrease your overall portfolio volatility.
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