X2M Connect (Australia) Performance
| X2M Stock | 0.03 0 3.03% |
The firm maintains a market beta of 0.35, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, X2M Connect's returns are expected to increase less than the market. However, during the bear market, the loss of holding X2M Connect is expected to be smaller as well. At this point, X2M Connect has a negative expected return of -0.29%. Please make sure to check out X2M Connect's total risk alpha, skewness, daily balance of power, as well as the relationship between the treynor ratio and kurtosis , to decide if X2M Connect performance from the past will be repeated in the future.
Risk-Adjusted Performance
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Over the last 90 days X2M Connect has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's primary indicators remain comparatively stable which may send shares a bit higher in December 2024. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
| Begin Period Cash Flow | 1.8 M |
X2M |
X2M Connect Relative Risk vs. Return Landscape
If you would invest 3.90 in X2M Connect on August 27, 2024 and sell it today you would lose (0.70) from holding X2M Connect or give up 17.95% of portfolio value over 90 days. X2M Connect is producing return of less than zero assuming 1.7814% volatility of returns over the 90 days investment horizon. Simply put, 15% of all stocks have less volatile historical return distribution than X2M Connect, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
X2M Connect Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for X2M Connect's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as X2M Connect, and traders can use it to determine the average amount a X2M Connect'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 = -0.1618
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| Negative Returns | X2M |
Estimated Market Risk
| 1.78 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average X2M Connect 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 X2M Connect by adding X2M Connect to a well-diversified portfolio.
X2M Connect Fundamentals Growth
X2M Stock prices reflect investors' perceptions of the future prospects and financial health of X2M Connect, and X2M Connect 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 X2M Stock performance.
| Return On Equity | -13.71 | ||||
| Return On Asset | -0.25 | ||||
| Profit Margin | (0.49) % | ||||
| Operating Margin | (0.48) % | ||||
| Current Valuation | 13.12 M | ||||
| Shares Outstanding | 361.66 M | ||||
| Price To Book | 21.24 X | ||||
| Price To Sales | 0.86 X | ||||
| Revenue | 13.38 M | ||||
| Gross Profit | (1.51 M) | ||||
| EBITDA | (4.45 M) | ||||
| Net Income | (6.51 M) | ||||
| Cash And Equivalents | 1.79 M | ||||
| Total Debt | 3.49 M | ||||
| Book Value Per Share | 0 X | ||||
| Cash Flow From Operations | (2.38 M) | ||||
| Earnings Per Share | (0.03) X | ||||
| Total Asset | 13.52 M | ||||
| Retained Earnings | (32.91 M) | ||||
About X2M Connect Performance
Assessing X2M Connect's fundamental ratios provides investors with valuable insights into X2M Connect's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the X2M Connect is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
X2M Connect is entity of Australia. It is traded as Stock on AU exchange.Things to note about X2M Connect performance evaluation
Checking the ongoing alerts about X2M Connect for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for X2M Connect help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| X2M Connect generated a negative expected return over the last 90 days | |
| X2M Connect has some characteristics of a very speculative penny stock | |
| X2M Connect has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 13.38 M. Net Loss for the year was (6.51 M) with loss before overhead, payroll, taxes, and interest of (1.51 M). | |
| X2M Connect has accumulated about 1.79 M in cash with (2.38 M) of positive cash flow from operations. | |
| Roughly 42.0% of the company outstanding shares are owned by insiders |
- Analyzing X2M Connect'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 X2M Connect's stock is overvalued or undervalued compared to its peers.
- Examining X2M Connect'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 X2M Connect's management team can have a significant impact on its success or failure. Reviewing the track record and experience of X2M Connect's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of X2M Connect's stock. These opinions can provide insight into X2M Connect's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for X2M Stock Analysis
When running X2M Connect's price analysis, check to measure X2M Connect'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 X2M Connect is operating at the current time. Most of X2M Connect's value examination focuses on studying past and present price action to predict the probability of X2M Connect's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move X2M Connect's price. Additionally, you may evaluate how the addition of X2M Connect to your portfolios can decrease your overall portfolio volatility.