Bittnet Systems (Romania) Performance
| BNET Stock | 0.17 0.00 0.00% |
The firm shows a Beta (market volatility) of 0.0865, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bittnet Systems' returns are expected to increase less than the market. However, during the bear market, the loss of holding Bittnet Systems is expected to be smaller as well. At this point, Bittnet Systems SA has a negative expected return of -0.15%. Please make sure to confirm Bittnet Systems' potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if Bittnet Systems SA performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Bittnet Systems SA has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Stock's basic indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the firm investors. ...more
Bittnet |
Bittnet Systems Relative Risk vs. Return Landscape
If you would invest 19.00 in Bittnet Systems SA on October 24, 2024 and sell it today you would lose (2.00) from holding Bittnet Systems SA or give up 10.53% of portfolio value over 90 days. Bittnet Systems SA is generating negative expected returns and assumes 2.9719% volatility on return distribution over the 90 days horizon. Simply put, 26% of stocks are less volatile than Bittnet, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Bittnet Systems Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bittnet Systems' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Bittnet Systems SA, and traders can use it to determine the average amount a Bittnet Systems' 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 = -0.0522
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| Negative Returns | BNET |
Estimated Market Risk
| 2.97 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bittnet Systems 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 Bittnet Systems by adding Bittnet Systems to a well-diversified portfolio.
About Bittnet Systems Performance
By examining Bittnet Systems' fundamental ratios, stakeholders can obtain critical insights into Bittnet Systems' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Bittnet Systems is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Things to note about Bittnet Systems SA performance evaluation
Checking the ongoing alerts about Bittnet Systems for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Bittnet Systems SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Bittnet Systems SA generated a negative expected return over the last 90 days | |
| Bittnet Systems SA has some characteristics of a very speculative penny stock |
- Analyzing Bittnet Systems' 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 Bittnet Systems' stock is overvalued or undervalued compared to its peers.
- Examining Bittnet Systems' 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 Bittnet Systems' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Bittnet Systems' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Bittnet Systems' stock. These opinions can provide insight into Bittnet Systems' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Bittnet Stock
Bittnet Systems financial ratios help investors to determine whether Bittnet Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bittnet with respect to the benefits of owning Bittnet Systems security.