Signature Devices Stock Performance
| SDVI Stock | USD 0.0001 0.00 0.00% |
Signature Devices holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Signature Devices are completely uncorrelated. Use Signature Devices rate of daily change , to analyze future returns on Signature Devices.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Signature Devices are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite fairly unsteady basic indicators, Signature Devices demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1869.00 | |
| Free Cash Flow | -19.8 K |
Signature |
Signature Devices Relative Risk vs. Return Landscape
If you would invest 0.01 in Signature Devices on August 30, 2024 and sell it today you would earn a total of 0.00 from holding Signature Devices or generate 0.0% return on investment over 90 days. Signature Devices is currently generating 14.2857% in daily expected returns and assumes 126.8186% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Signature, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Signature Devices Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Signature Devices' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Signature Devices, and traders can use it to determine the average amount a Signature Devices' 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 = 0.1126
| Best Portfolio | Best Equity | SDVI | ||
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Estimated Market Risk
| 126.82 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
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Signature Devices is performing at about 8% 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 Signature Devices by adding it to a well-diversified portfolio.
Signature Devices Fundamentals Growth
Signature Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Signature Devices, and Signature Devices 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 Signature Pink Sheet performance.
| Return On Equity | -0.32 | |||
| Return On Asset | -0.18 | |||
| Current Valuation | 699.46 K | |||
| Shares Outstanding | 6.75 B | |||
| Price To Book | 0.96 X | |||
| Price To Sales | 19.94 X | |||
| Revenue | 11.88 K | |||
| EBITDA | 8.16 K | |||
| Cash And Equivalents | 1.75 K | |||
| Total Debt | 29.11 K | |||
| Debt To Equity | 0.04 % | |||
| Cash Flow From Operations | (19.81 K) | |||
| Total Asset | 854.3 K | |||
About Signature Devices Performance
By evaluating Signature Devices' fundamental ratios, stakeholders can gain valuable insights into Signature Devices' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Signature Devices 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 Signature Devices 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.
Signature Devices, Inc., operates as a software and hardware development company. It offers Morpheus media servers and players Tazerwears AI Software Truck ITs beacon platform with Knotons hardware and various other infrastructures and software products. SIGNATURE DEVICES operates under Information Technology Services classification in the United States and is traded on PNK Exchange. It employs 1 people.Things to note about Signature Devices performance evaluation
Checking the ongoing alerts about Signature Devices for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Signature Devices help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Signature Devices is way too risky over 90 days horizon | |
| Signature Devices has some characteristics of a very speculative penny stock | |
| Signature Devices appears to be risky and price may revert if volatility continues | |
| Signature Devices has high likelihood to experience some financial distress in the next 2 years | |
| Signature Devices currently holds 29.11 K in liabilities with Debt to Equity (D/E) ratio of 0.04, which may suggest the company is not taking enough advantage from borrowing. Signature Devices has a current ratio of 0.24, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Signature Devices until it has trouble settling it off, either with new capital or with free cash flow. So, Signature Devices' 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 Signature Devices sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Signature to invest in growth at high rates of return. When we think about Signature Devices' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 11.88 K. Net Loss for the year was (677.29 K) with loss before overhead, payroll, taxes, and interest of (420.08 K). | |
| Signature Devices currently holds about 1.75 K in cash with (19.81 K) of positive cash flow from operations. |
- Analyzing Signature Devices' 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 Signature Devices' stock is overvalued or undervalued compared to its peers.
- Examining Signature Devices' 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 Signature Devices' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Signature Devices' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Signature Devices' pink sheet. These opinions can provide insight into Signature Devices' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Signature Pink Sheet analysis
When running Signature Devices' price analysis, check to measure Signature Devices' 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 Signature Devices is operating at the current time. Most of Signature Devices' value examination focuses on studying past and present price action to predict the probability of Signature Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Signature Devices' price. Additionally, you may evaluate how the addition of Signature Devices to your portfolios can decrease your overall portfolio volatility.
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