Bannix Acquisition Corp Stock Performance
| BNIXR Stock | USD 0.09 0.03 37.67% |
On a scale of 0 to 100, Bannix Acquisition holds a performance score of 2. The firm shows a Beta (market volatility) of -2.92, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Bannix Acquisition are expected to decrease by larger amounts. On the other hand, during market turmoil, Bannix Acquisition is expected to outperform it. Please check Bannix Acquisition's maximum drawdown, as well as the relationship between the skewness and day typical price , to make a quick decision on whether Bannix Acquisition's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Bannix Acquisition Corp are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Even with relatively abnormal basic indicators, Bannix Acquisition reported solid returns over the last few months and may actually be approaching a breakup point. ...more
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Bannix Acquisition Relative Risk vs. Return Landscape
If you would invest 10.00 in Bannix Acquisition Corp on October 11, 2024 and sell it today you would lose (0.68) from holding Bannix Acquisition Corp or give up 6.8% of portfolio value over 90 days. Bannix Acquisition Corp is currently producing 0.4237% returns and takes up 11.3798% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Bannix, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Bannix Acquisition Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bannix Acquisition's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Bannix Acquisition Corp, and traders can use it to determine the average amount a Bannix Acquisition'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 = 0.0372
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Estimated Market Risk
| 11.38 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Bannix Acquisition is performing at about 2% 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 Bannix Acquisition by adding it to a well-diversified portfolio.
Bannix Acquisition Fundamentals Growth
Bannix Stock prices reflect investors' perceptions of the future prospects and financial health of Bannix Acquisition, and Bannix Acquisition 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 Bannix Stock performance.
| Return On Equity | 0.18 | ||||
| Return On Asset | -0.0376 | ||||
| Book Value Per Share | (0.67) X | ||||
About Bannix Acquisition Performance
Assessing Bannix Acquisition's fundamental ratios provides investors with valuable insights into Bannix Acquisition's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Bannix Acquisition 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.
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | (0.06) | (0.06) |
Things to note about Bannix Acquisition Corp performance evaluation
Checking the ongoing alerts about Bannix Acquisition for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Bannix Acquisition Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Bannix Acquisition is not yet fully synchronised with the market data | |
| Bannix Acquisition had very high historical volatility over the last 90 days | |
| Bannix Acquisition has some characteristics of a very speculative penny stock | |
| Bannix Acquisition has high likelihood to experience some financial distress in the next 2 years | |
| Bannix Acquisition has a frail financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Bannix Acquisition Corp. Extends Business Combination Deadline - TipRanks |
- Analyzing Bannix Acquisition'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 Bannix Acquisition's stock is overvalued or undervalued compared to its peers.
- Examining Bannix Acquisition'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 Bannix Acquisition's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Bannix Acquisition's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Bannix Acquisition's stock. These opinions can provide insight into Bannix Acquisition's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Bannix Stock Analysis
When running Bannix Acquisition's price analysis, check to measure Bannix Acquisition'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 Bannix Acquisition is operating at the current time. Most of Bannix Acquisition's value examination focuses on studying past and present price action to predict the probability of Bannix Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bannix Acquisition's price. Additionally, you may evaluate how the addition of Bannix Acquisition to your portfolios can decrease your overall portfolio volatility.