23andme Holding Co Stock Performance
| ME Stock | USD 3.55 0.41 13.06% |
The firm owns a Beta (Systematic Risk) of 0.67, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 23Andme Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding 23Andme Holding is expected to be smaller as well. At this point, 23Andme Holding has a negative expected return of -0.59%. Please make sure to confirm 23Andme Holding's value at risk, and the relationship between the jensen alpha and accumulation distribution , to decide if 23Andme Holding performance from the past will be repeated sooner or later.
Risk-Adjusted Performance
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Over the last 90 days 23Andme Holding Co has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's technical and fundamental indicators remain rather sound which may send shares a bit higher in January 2025. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
Actual Historical Performance (%)
One Day Return 13.06 | Five Day Return 14.52 | Year To Date Return (80.46) | Ten Year Return (98.19) | All Time Return (98.19) |
Last Split Factor 1:20 | Last Split Date 2024-10-16 |
1 | 23andMes Anne Wojcicki now says her take-private plan is the best option for company | 09/30/2024 |
2 | Disposition of 38548 shares by Hibbs Kathy L of 23Andme Holding at 0.42 subject to Rule 16b-3 | 10/11/2024 |
3 | Mitsubishi Electric, ME Innovation Fund Invests in Formic Technologies Inc. | 10/22/2024 |
4 | Insider Trading | 10/28/2024 |
5 | 23andMe appoints three new board members following abrupt resignations | 10/29/2024 |
6 | Vanguard Groups Strategic Acquisition of 23andMe Shares | 11/05/2024 |
7 | 23andMe reduces workforce by 40 | 11/11/2024 |
8 | 23andMe reports sales decline day after announcing plans to cut 40 percent of workforce | 11/12/2024 |
9 | Earnings call 23andMe announces restructuring and focus shift | 11/13/2024 |
10 | Nouria Unveils Its Newest Convenience Store in Bridgton, ME | 11/15/2024 |
11 | 23andMe and Mirador Therapeutics Enter Into Strategic Research Collaboration to Advance ... | 11/20/2024 |
12 | Mitsubishi Electric, ME Innovation Fund Invests in Zenno Astronautics Ltd. | 11/29/2024 |
| Begin Period Cash Flow | 388.2 M |
23Andme |
23Andme Holding Relative Risk vs. Return Landscape
If you would invest 602.00 in 23Andme Holding Co on September 2, 2024 and sell it today you would lose (247.00) from holding 23Andme Holding Co or give up 41.03% of portfolio value over 90 days. 23Andme Holding Co is generating negative expected returns and assumes 6.8095% volatility on return distribution over the 90 days horizon. Put differently, 60% of stocks are less risky than 23Andme on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
| Risk |
23Andme Holding Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 23Andme Holding's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as 23Andme Holding Co, and traders can use it to determine the average amount a 23Andme Holding'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 = -0.0861
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ME |
Estimated Market Risk
| 6.81 actual daily | 60 60% of assets are less volatile |
Expected Return
| -0.59 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 23Andme Holding 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 23Andme Holding by adding 23Andme Holding to a well-diversified portfolio.
23Andme Holding Fundamentals Growth
23Andme Stock prices reflect investors' perceptions of the future prospects and financial health of 23Andme Holding, and 23Andme Holding 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 23Andme Stock performance.
| Return On Equity | -1.54 | ||||
| Return On Asset | -0.26 | ||||
| Operating Margin | (1.78) % | ||||
| Current Valuation | 37.81 M | ||||
| Shares Outstanding | 19.01 M | ||||
| Price To Earning | (3.48) X | ||||
| Price To Book | 0.91 X | ||||
| Price To Sales | 0.41 X | ||||
| Revenue | 219.64 M | ||||
| Gross Profit | 132.94 M | ||||
| EBITDA | (291.87 M) | ||||
| Net Income | (666.7 M) | ||||
| Cash And Equivalents | 410.89 M | ||||
| Cash Per Share | 0.90 X | ||||
| Total Debt | 76.52 M | ||||
| Debt To Equity | 0.1 % | ||||
| Current Ratio | 3.49 X | ||||
| Book Value Per Share | 7.69 X | ||||
| Cash Flow From Operations | (164.32 M) | ||||
| Earnings Per Share | (122.52) X | ||||
| Market Capitalization | 82.01 M | ||||
| Total Asset | 395.17 M | ||||
| Retained Earnings | (2.17 B) | ||||
| Working Capital | 127.98 M | ||||
| Current Asset | 212.32 M | ||||
| Current Liabilities | 372.61 M | ||||
About 23Andme Holding Performance
By analyzing 23Andme Holding's fundamental ratios, stakeholders can gain valuable insights into 23Andme Holding's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if 23Andme Holding 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 23Andme Holding has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 37.83 | 20.91 | |
| Return On Tangible Assets | (1.95) | (1.86) | |
| Return On Capital Employed | (1.20) | (1.26) | |
| Return On Assets | (1.69) | (1.60) | |
| Return On Equity | (3.54) | (3.36) |
Things to note about 23Andme Holding performance evaluation
Checking the ongoing alerts about 23Andme Holding for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for 23Andme Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 23Andme Holding generated a negative expected return over the last 90 days | |
| 23Andme Holding has high historical volatility and very poor performance | |
| 23Andme Holding has a very high chance of going through financial distress in the upcoming years | |
| The company generated the yearly revenue of 219.64 M. Annual Net Loss to common stockholders was (666.7 M) with gross profit of 132.94 M. | |
| 23Andme Holding Co reports about 410.89 M in cash with (164.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.9. | |
| Latest headline from businesswire.com: Mitsubishi Electric, ME Innovation Fund Invests in Zenno Astronautics Ltd. |
- Analyzing 23Andme Holding'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 23Andme Holding's stock is overvalued or undervalued compared to its peers.
- Examining 23Andme Holding'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 23Andme Holding's management team can have a significant impact on its success or failure. Reviewing the track record and experience of 23Andme Holding's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of 23Andme Holding's stock. These opinions can provide insight into 23Andme Holding's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for 23Andme Stock analysis
When running 23Andme Holding's price analysis, check to measure 23Andme Holding'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 23Andme Holding is operating at the current time. Most of 23Andme Holding's value examination focuses on studying past and present price action to predict the probability of 23Andme Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 23Andme Holding's price. Additionally, you may evaluate how the addition of 23Andme Holding to your portfolios can decrease your overall portfolio volatility.
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