Bytes Technology Financials
| BYI Stock | 11,690 144.00 1.25% |
Bytes |
Understanding current and past Bytes Technology Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Bytes Technology's financial statements are interrelated, with each one affecting the others. For example, an increase in Bytes Technology's assets may result in an increase in income on the income statement.
Please note, the presentation of Bytes Technology's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Bytes Technology's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Bytes Technology's management manipulating its earnings.
| Foreign Associate | USA |
| Instrument | South Africa Stock View All |
| Exchange | Johannesburg Exchange |
| ISIN | GB00BMH18Q19 |
| Business Address | Bytes House, Leatherhead, |
| Sector | Technology |
| Industry | Software-Infrastructure |
| Benchmark | Dow Jones Industrial |
| Website | www.bytes.co.uk |
| Phone | 44 1372 418 500 |
You should never invest in Bytes Technology without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Bytes Stock, because this is throwing your money away. Analyzing the key information contained in Bytes Technology's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Bytes Technology Key Financial Ratios
There are many critical financial ratios that Bytes Technology's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Bytes Technology reports annually and quarterly.Bytes Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Bytes Technology's current stock value. Our valuation model uses many indicators to compare Bytes Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bytes Technology competition to find correlations between indicators driving Bytes Technology's intrinsic value. More Info.Bytes Technology is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.14 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Bytes Technology is roughly 7.16 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Bytes Technology's earnings, one of the primary drivers of an investment's value.Bytes Technology Systematic Risk
Bytes Technology's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Bytes Technology volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was five with a total number of output elements of fifty-six. The Beta measures systematic risk based on how returns on Bytes Technology correlated with the market. If Beta is less than 0 Bytes Technology generally moves in the opposite direction as compared to the market. If Bytes Technology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Bytes Technology is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Bytes Technology is generally in the same direction as the market. If Beta > 1 Bytes Technology moves generally in the same direction as, but more than the movement of the benchmark.
Bytes Technology Thematic Clasifications
Bytes Technology is part of several thematic ideas from Computers to IT. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasBytes Technology March 22, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Bytes Technology help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Bytes Technology. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bytes Technology based on widely used predictive technical indicators. In general, we focus on analyzing Bytes Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bytes Technology's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.88 | |||
| Information Ratio | 0.1469 | |||
| Maximum Drawdown | 15.52 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 3.75 |
Complementary Tools for Bytes Stock analysis
When running Bytes Technology's price analysis, check to measure Bytes Technology'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 Bytes Technology is operating at the current time. Most of Bytes Technology's value examination focuses on studying past and present price action to predict the probability of Bytes Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bytes Technology's price. Additionally, you may evaluate how the addition of Bytes Technology to your portfolios can decrease your overall portfolio volatility.
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