Is Connexa Sports Stock a Good Investment?
Connexa Sports Investment Advice | YYAI |
- Examine Connexa Sports' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Connexa Sports' leadership team and their track record. Good management can help Connexa Sports navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Apparel, Accessories & Luxury Goods space and any emerging trends that could impact Connexa Sports' business and its evolving consumer preferences.
- Compare Connexa Sports' performance and market position to its competitors. Analyze how Connexa Sports is positioned in terms of product offerings, innovation, and market share.
- Check if Connexa Sports pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Connexa Sports' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Connexa Sports Technologies stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Connexa Sports Technologies is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Connexa Sports Stock
Researching Connexa Sports' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 33.0% of the company outstanding shares are owned by insiders. The company recorded a loss per share of 43.42. Connexa Sports Techn had not issued any dividends in recent years. The entity had 1:40 split on the 25th of September 2023.
To determine if Connexa Sports is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Connexa Sports' research are outlined below:
| Connexa Sports Techn generated a negative expected return over the last 90 days | |
| Connexa Sports Techn has high historical volatility and very poor performance | |
| Connexa Sports Techn may become a speculative penny stock | |
| Connexa Sports Technologies was previously known as CNXA Old and was traded on NASDAQ Exchange under the symbol CNXA. | |
| The company reported the previous year's revenue of 8.4 M. Net Loss for the year was (15.64 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Connexa Sports generates negative cash flow from operations | |
| About 33.0% of the company outstanding shares are owned by insiders |
Connexa Sports' market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 277.09 M.Connexa Sports' profitablity analysis
The company has Profit Margin (PM) of (1.01) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (1.06) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $1.06.Determining Connexa Sports' profitability involves analyzing its financial statements and using various financial metrics to determine if Connexa Sports is a good buy. For example, gross profit margin measures Connexa Sports' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Connexa Sports' profitability and make more informed investment decisions.
Basic technical analysis of Connexa Stock
As of the 7th of January, Connexa Sports shows the Standard Deviation of 11.84, mean deviation of 7.32, and Risk Adjusted Performance of (0.14). In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Connexa Sports, as well as the relationship between them.Understand Connexa Sports' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Connexa Sports' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.14) | |||
| Market Risk Adjusted Performance | (4.72) | |||
| Mean Deviation | 7.32 | |||
| Coefficient Of Variation | (548.18) | |||
| Standard Deviation | 11.84 | |||
| Variance | 140.29 | |||
| Information Ratio | (0.18) | |||
| Jensen Alpha | (2.18) | |||
| Total Risk Alpha | (2.44) | |||
| Treynor Ratio | (4.73) | |||
| Maximum Drawdown | 81.69 | |||
| Value At Risk | (25.04) | |||
| Potential Upside | 10.64 | |||
| Skewness | 0.3752 | |||
| Kurtosis | 5.19 |
| Risk Adjusted Performance | (0.14) | |||
| Market Risk Adjusted Performance | (4.72) | |||
| Mean Deviation | 7.32 | |||
| Coefficient Of Variation | (548.18) | |||
| Standard Deviation | 11.84 | |||
| Variance | 140.29 | |||
| Information Ratio | (0.18) | |||
| Jensen Alpha | (2.18) | |||
| Total Risk Alpha | (2.44) | |||
| Treynor Ratio | (4.73) | |||
| Maximum Drawdown | 81.69 | |||
| Value At Risk | (25.04) | |||
| Potential Upside | 10.64 | |||
| Skewness | 0.3752 | |||
| Kurtosis | 5.19 |
Consider Connexa Sports' intraday indicators
Connexa Sports intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Connexa Sports stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Connexa Sports time-series forecasting models is one of many Connexa Sports' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Connexa Sports' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Connexa Stock media impact
Far too much social signal, news, headlines, and media speculation about Connexa Sports that are available to investors today. That information is available publicly through Connexa media outlets and privately through word of mouth or via Connexa internal channels. However, regardless of the origin, that massive amount of Connexa data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Connexa Sports news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Connexa Sports relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Connexa Sports' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Connexa Sports alpha.
Already Invested in Connexa Sports Technologies?
The danger of trading Connexa Sports Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Connexa Sports is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Connexa Sports. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Connexa Sports Techn is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Connexa Sports Techn offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Connexa Sports' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Connexa Sports Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Connexa Sports Technologies Stock: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Connexa Sports Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Connexa Sports. If investors know Connexa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Connexa Sports listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Connexa Sports Techn is measured differently than its book value, which is the value of Connexa that is recorded on the company's balance sheet. Investors also form their own opinion of Connexa Sports' value that differs from its market value or its book value, called intrinsic value, which is Connexa Sports' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Connexa Sports' market value can be influenced by many factors that don't directly affect Connexa Sports' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Connexa Sports' value and its price, as these two are different measures arrived at by various means. Investors typically determine if Connexa Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Connexa Sports' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.