63 Moons (India) Performance
| 63MOONS Stock | 820.60 8.35 1.01% |
The firm owns a Beta (Systematic Risk) of 0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 63 Moons' returns are expected to increase less than the market. However, during the bear market, the loss of holding 63 Moons is expected to be smaller as well. At this point, 63 moons technologies has a negative expected return of -0.0945%. Please make sure to confirm 63 Moons' potential upside, and the relationship between the jensen alpha and rate of daily change , to decide if 63 moons technologies performance from the past will be repeated sooner or later.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days 63 moons technologies has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, 63 Moons is not utilizing all of its potentials. The recent stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Forward Dividend Yield 0.0034 | Payout Ratio 0.0528 | Forward Dividend Rate 2 | Ex Dividend Date 2024-09-20 |
1 | Insiders are the top stockholders in 63 moons technologies limited , and the recent 16 percent drop might have disappointed them - Simply Wall St | 01/27/2025 |
2 | 63 Moons Technologies Backs One Time Settlement Scheme - TipRanks | 02/18/2025 |
3 | 63 Moons Tech Share Price Today Up 5 percent - Equitymaster | 02/25/2025 |
4 | 63 Moons Technologies Ltd Slips 4.41, BSE Information Technology index Shed 1.69 percent - Business Standard | 03/10/2025 |
| Begin Period Cash Flow | 1.3 B |
63MOONS |
63 Moons Relative Risk vs. Return Landscape
If you would invest 90,665 in 63 moons technologies on December 27, 2024 and sell it today you would lose (8,605) from holding 63 moons technologies or give up 9.49% of portfolio value over 90 days. 63 moons technologies is generating negative expected returns and assumes 3.7509% volatility on return distribution over the 90 days horizon. Simply put, 33% of stocks are less volatile than 63MOONS, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
63 Moons Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 63 Moons' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as 63 moons technologies, and traders can use it to determine the average amount a 63 Moons' 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 = -0.0252
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 63MOONS |
Estimated Market Risk
| 3.75 actual daily | 33 67% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average 63 Moons 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 63 Moons by adding 63 Moons to a well-diversified portfolio.
63 Moons Fundamentals Growth
63MOONS Stock prices reflect investors' perceptions of the future prospects and financial health of 63 Moons, and 63 Moons 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 63MOONS Stock performance.
| Return On Equity | 0.0703 | ||||
| Return On Asset | 0.0129 | ||||
| Profit Margin | 0.44 % | ||||
| Operating Margin | (1.52) % | ||||
| Current Valuation | 19.04 B | ||||
| Shares Outstanding | 46.08 M | ||||
| Price To Book | 1.15 X | ||||
| Price To Sales | 25.89 X | ||||
| Revenue | 4.72 B | ||||
| Gross Profit | 1.18 B | ||||
| EBITDA | 2.43 B | ||||
| Net Income | 2.23 B | ||||
| Cash And Equivalents | 9.97 B | ||||
| Total Debt | 51.71 M | ||||
| Book Value Per Share | 726.45 X | ||||
| Cash Flow From Operations | 1.7 B | ||||
| Earnings Per Share | 15.92 X | ||||
| Total Asset | 36.45 B | ||||
| Retained Earnings | 25.29 B | ||||
About 63 Moons Performance
Assessing 63 Moons' fundamental ratios provides investors with valuable insights into 63 Moons' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the 63 Moons is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
63 Moons is entity of India. It is traded as Stock on NSE exchange.Things to note about 63 moons technologies performance evaluation
Checking the ongoing alerts about 63 Moons for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for 63 moons technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 63 Moons generated a negative expected return over the last 90 days | |
| 63 Moons has high historical volatility and very poor performance | |
| 63 Moons is unlikely to experience financial distress in the next 2 years | |
| About 58.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: 63 Moons Technologies Ltd Slips 4.41, BSE Information Technology index Shed 1.69 percent - Business Standard |
- Analyzing 63 Moons' 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 63 Moons' stock is overvalued or undervalued compared to its peers.
- Examining 63 Moons' 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 63 Moons' management team can have a significant impact on its success or failure. Reviewing the track record and experience of 63 Moons' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of 63 Moons' stock. These opinions can provide insight into 63 Moons' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for 63MOONS Stock Analysis
When running 63 Moons' price analysis, check to measure 63 Moons' 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 63 Moons is operating at the current time. Most of 63 Moons' value examination focuses on studying past and present price action to predict the probability of 63 Moons' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 63 Moons' price. Additionally, you may evaluate how the addition of 63 Moons to your portfolios can decrease your overall portfolio volatility.