NetApp (Germany) Performance
| NTA Stock | EUR 122.08 5.70 4.90% |
On a scale of 0 to 100, NetApp holds a performance score of 9. The company secures a Beta (Market Risk) of 0.55, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NetApp's returns are expected to increase less than the market. However, during the bear market, the loss of holding NetApp is expected to be smaller as well. Please check NetApp's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether NetApp's current price movements will revert.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in NetApp Inc are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, NetApp reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 4.5 B | |
| Total Cashflows From Investing Activities | -561 M |
NetApp |
NetApp Relative Risk vs. Return Landscape
If you would invest 10,502 in NetApp Inc on September 18, 2024 and sell it today you would earn a total of 1,706 from holding NetApp Inc or generate 16.24% return on investment over 90 days. NetApp Inc is currently producing 0.2553% returns and takes up 2.1796% volatility of returns over 90 trading days. Put another way, 19% of traded stocks are less volatile than NetApp, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
NetApp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NetApp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NetApp Inc, and traders can use it to determine the average amount a NetApp'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 = 0.1171
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | NTA | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.18 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average NetApp is performing at about 9% 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 NetApp by adding it to a well-diversified portfolio.
NetApp Fundamentals Growth
NetApp Stock prices reflect investors' perceptions of the future prospects and financial health of NetApp, and NetApp 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 NetApp Stock performance.
| Return On Equity | 1.3 | |||
| Return On Asset | 0.0741 | |||
| Profit Margin | 0.20 % | |||
| Operating Margin | 0.18 % | |||
| Current Valuation | 12.81 B | |||
| Shares Outstanding | 215.57 M | |||
| Price To Earning | 11.70 X | |||
| Price To Book | 11.45 X | |||
| Price To Sales | 1.94 X | |||
| Revenue | 6.32 B | |||
| EBITDA | 1.4 B | |||
| Cash And Equivalents | 3.9 B | |||
| Cash Per Share | 16.27 X | |||
| Total Debt | 2.39 B | |||
| Debt To Equity | 164.40 % | |||
| Book Value Per Share | 5.10 X | |||
| Cash Flow From Operations | 1.21 B | |||
| Earnings Per Share | 5.46 X | |||
| Total Asset | 10.03 B | |||
About NetApp Performance
By analyzing NetApp's fundamental ratios, stakeholders can gain valuable insights into NetApp's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NetApp 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 NetApp has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
NetApp, Inc. provides software, systems, and services to manage and share data on-premises, and private and public clouds worldwide. NetApp, Inc. was founded in 1992 and is headquartered in Sunnyvale, California. NETAPP INC operates under Data Storage classification in Germany and is traded on Frankfurt Stock Exchange. It employs 10500 people.Things to note about NetApp Inc performance evaluation
Checking the ongoing alerts about NetApp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NetApp Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NetApp Inc has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 92.0% of the company shares are owned by institutional investors |
- Analyzing NetApp'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 NetApp's stock is overvalued or undervalued compared to its peers.
- Examining NetApp'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 NetApp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NetApp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NetApp's stock. These opinions can provide insight into NetApp's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for NetApp Stock analysis
When running NetApp's price analysis, check to measure NetApp'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 NetApp is operating at the current time. Most of NetApp's value examination focuses on studying past and present price action to predict the probability of NetApp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NetApp's price. Additionally, you may evaluate how the addition of NetApp to your portfolios can decrease your overall portfolio volatility.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |