Danavation Technologies Corp Stock Performance
| DVNCF Stock | USD 0 0.0009 300.00% |
Danavation Technologies holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -5.8, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Danavation Technologies are expected to decrease by larger amounts. On the other hand, during market turmoil, Danavation Technologies is expected to outperform it. Use Danavation Technologies total risk alpha and the relationship between the kurtosis and period momentum indicator , to analyze future returns on Danavation Technologies.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Danavation Technologies Corp are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile fundamental indicators, Danavation Technologies reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 5979.00 | |
| Free Cash Flow | -4.2 M |
Danavation |
Danavation Technologies Relative Risk vs. Return Landscape
If you would invest 0.55 in Danavation Technologies Corp on September 3, 2024 and sell it today you would lose (0.43) from holding Danavation Technologies Corp or give up 78.18% of portfolio value over 90 days. Danavation Technologies Corp is currently producing 7.0489% returns and takes up 64.7694% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Danavation, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Danavation Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Danavation Technologies' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Danavation Technologies Corp, and traders can use it to determine the average amount a Danavation Technologies' 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 = 0.1088
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Estimated Market Risk
| 64.77 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 Danavation Technologies 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 Danavation Technologies by adding it to a well-diversified portfolio.
Danavation Technologies Fundamentals Growth
Danavation Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Danavation Technologies, and Danavation Technologies 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 Danavation Pink Sheet performance.
| Return On Equity | -21.55 | |||
| Return On Asset | -0.67 | |||
| Operating Margin | (3.53) % | |||
| Current Valuation | 20.4 M | |||
| Shares Outstanding | 114.17 M | |||
| Price To Book | 120.79 X | |||
| Price To Sales | 17.49 X | |||
| Revenue | 1.15 M | |||
| EBITDA | (4.99 M) | |||
| Cash And Equivalents | 19.06 K | |||
| Total Debt | 3.36 M | |||
| Debt To Equity | 1.60 % | |||
| Book Value Per Share | (0.03) X | |||
| Cash Flow From Operations | (4.12 M) | |||
| Earnings Per Share | (0.03) X | |||
| Total Asset | 3.45 M | |||
About Danavation Technologies Performance
By analyzing Danavation Technologies' fundamental ratios, stakeholders can gain valuable insights into Danavation Technologies' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Danavation Technologies 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 Danavation Technologies has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Danavation Technologies Corp., an Internet of Things technology company, provides micro e-paper displays in North America. Danavation Technologies Corp. was incorporated in 2007 and is headquartered in Woodbridge, Canada. Danavation Technologies is traded on OTC Exchange in the United States.Things to note about Danavation Technologies performance evaluation
Checking the ongoing alerts about Danavation Technologies for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Danavation Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Danavation Technologies is way too risky over 90 days horizon | |
| Danavation Technologies has some characteristics of a very speculative penny stock | |
| Danavation Technologies appears to be risky and price may revert if volatility continues | |
| Danavation Technologies has high likelihood to experience some financial distress in the next 2 years | |
| Danavation Technologies Corp has accumulated 3.36 M in total debt with debt to equity ratio (D/E) of 1.6, which is about average as compared to similar companies. Danavation Technologies has a current ratio of 0.71, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Danavation Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Danavation Technologies' 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 Danavation Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Danavation to invest in growth at high rates of return. When we think about Danavation Technologies' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 1.15 M. Net Loss for the year was (6.18 M) with profit before overhead, payroll, taxes, and interest of 341.04 K. | |
| Danavation Technologies Corp has accumulated about 19.06 K in cash with (4.12 M) of positive cash flow from operations. |
- Analyzing Danavation Technologies' 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 Danavation Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Danavation Technologies' 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 Danavation Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Danavation Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Danavation Technologies' pink sheet. These opinions can provide insight into Danavation Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Danavation Pink Sheet analysis
When running Danavation Technologies' price analysis, check to measure Danavation Technologies' 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 Danavation Technologies is operating at the current time. Most of Danavation Technologies' value examination focuses on studying past and present price action to predict the probability of Danavation Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danavation Technologies' price. Additionally, you may evaluate how the addition of Danavation Technologies to your portfolios can decrease your overall portfolio volatility.
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