Wajax Stock Performance
| WJX Stock | CAD 21.68 0.37 1.74% |
The firm maintains a market beta of 0.042, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wajax's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wajax is expected to be smaller as well. At this point, Wajax has a negative expected return of -0.22%. Please make sure to check out Wajax's potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Wajax performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Wajax has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Stock's basic indicators remain very healthy which may send shares a bit higher in December 2024. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
Forward Dividend Yield 0.0646 | Payout Ratio 0.4878 | Forward Dividend Rate 1.4 | Dividend Date 2025-01-07 | Ex Dividend Date 2024-12-16 |
1 | WAJAX ANNOUNCES 2024 THIRD QUARTER RESULTS AND CHIEF FINANCIAL OFFICER SUCCESSION - Canada NewsWire | 11/04/2024 |
| Begin Period Cash Flow | -5.2 M |
Wajax |
Wajax Relative Risk vs. Return Landscape
If you would invest 2,552 in Wajax on August 25, 2024 and sell it today you would lose (384.00) from holding Wajax or give up 15.05% of portfolio value over 90 days. Wajax is producing return of less than zero assuming 2.5221% volatility of returns over the 90 days investment horizon. Simply put, 22% of all stocks have less volatile historical return distribution than Wajax, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Wajax Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wajax's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Wajax, and traders can use it to determine the average amount a Wajax'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 = -0.0889
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WJX |
Estimated Market Risk
| 2.52 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wajax is not performing at its full potential. However, 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 Wajax by adding Wajax to a well-diversified portfolio.
Wajax Fundamentals Growth
Wajax Stock prices reflect investors' perceptions of the future prospects and financial health of Wajax, and Wajax 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 Wajax Stock performance.
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.0456 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 1 B | ||||
| Shares Outstanding | 21.73 M | ||||
| Price To Earning | 9.58 X | ||||
| Price To Book | 0.91 X | ||||
| Price To Sales | 0.23 X | ||||
| Revenue | 2.15 B | ||||
| Gross Profit | 390.31 M | ||||
| EBITDA | 192.44 M | ||||
| Net Income | 80.99 M | ||||
| Cash And Equivalents | 4.58 M | ||||
| Cash Per Share | 0.23 X | ||||
| Total Debt | 500.87 M | ||||
| Debt To Equity | 1.27 % | ||||
| Current Ratio | 2.37 X | ||||
| Book Value Per Share | 23.74 X | ||||
| Cash Flow From Operations | (89 M) | ||||
| Earnings Per Share | 2.37 X | ||||
| Market Capitalization | 471.15 M | ||||
| Total Asset | 1.47 B | ||||
| Retained Earnings | 278.1 M | ||||
| Working Capital | 560.24 M | ||||
| Current Asset | 522.15 M | ||||
| Current Liabilities | 219.44 M | ||||
About Wajax Performance
By examining Wajax's fundamental ratios, stakeholders can obtain critical insights into Wajax's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Wajax is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 136.48 | 78.67 | |
| Return On Tangible Assets | 0.06 | 0.05 | |
| Return On Capital Employed | 0.14 | 0.25 | |
| Return On Assets | 0.05 | 0.05 | |
| Return On Equity | 0.16 | 0.12 |
Things to note about Wajax performance evaluation
Checking the ongoing alerts about Wajax for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Wajax help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Wajax generated a negative expected return over the last 90 days | |
| Wajax has accumulated about 4.58 M in cash with (89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.23. | |
| Latest headline from news.google.com: WAJAX ANNOUNCES 2024 THIRD QUARTER RESULTS AND CHIEF FINANCIAL OFFICER SUCCESSION - Canada NewsWire |
- Analyzing Wajax'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 Wajax's stock is overvalued or undervalued compared to its peers.
- Examining Wajax'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 Wajax's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Wajax's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Wajax's stock. These opinions can provide insight into Wajax's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Wajax Stock
Wajax financial ratios help investors to determine whether Wajax Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Wajax with respect to the benefits of owning Wajax security.