Giga tronics Performance
Giga Tronics holds a performance score of 17 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -30.24, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Giga Tronics are expected to decrease by larger amounts. On the other hand, during market turmoil, Giga Tronics is expected to outperform it. Use Giga tronics variance and the relationship between the treynor ratio and skewness , to analyze future returns on Giga tronics.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Giga tronics are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. Despite somewhat conflicting technical and fundamental indicators, Giga Tronics sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 736 K | |
| Total Cashflows From Investing Activities | 518 K |
Giga |
Giga Tronics Relative Risk vs. Return Landscape
If you would invest 0.78 in Giga tronics on December 19, 2024 and sell it today you would lose (0.78) from holding Giga tronics or give up 100.0% of portfolio value over 90 days. Giga tronics is currently generating 66.6667% in daily expected returns and assumes 296.4436% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Giga, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Giga Tronics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Giga Tronics' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Giga tronics, and traders can use it to determine the average amount a Giga Tronics' 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 = 0.2249
| Best Portfolio | Best Equity | GIGA | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 296.44 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Giga Tronics is performing at about 17% 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 Giga Tronics by adding it to a well-diversified portfolio.
Giga Tronics Fundamentals Growth
Giga Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Giga Tronics, and Giga Tronics 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 Giga Pink Sheet performance.
| Return On Equity | -1.04 | |||
| Return On Asset | -0.18 | |||
| Profit Margin | (0.14) % | |||
| Operating Margin | (0.14) % | |||
| Current Valuation | 28.74 M | |||
| Shares Outstanding | 5.93 M | |||
| Price To Earning | (1.67) X | |||
| Price To Book | 4.68 X | |||
| Price To Sales | 0.35 X | |||
| Revenue | 9.03 M | |||
| EBITDA | (2.46 M) | |||
| Cash And Equivalents | 400 K | |||
| Cash Per Share | 0.14 X | |||
| Total Debt | 3.05 M | |||
| Debt To Equity | 1.21 % | |||
| Book Value Per Share | 2.88 X | |||
| Cash Flow From Operations | (3.16 M) | |||
| Earnings Per Share | (0.88) X | |||
| Total Asset | 8.05 M | |||
| Retained Earnings | (31.19 M) | |||
| Current Asset | 9.47 M | |||
| Current Liabilities | 7.7 M | |||
About Giga Tronics Performance
By analyzing Giga Tronics' fundamental ratios, stakeholders can gain valuable insights into Giga Tronics' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Giga Tronics 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 Giga Tronics has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Gresham Worldwide, Inc. designs and develops ultra-reliable bespoke technology for the defense, medical, and telecommunications sectors. Gresham Worldwide, Inc. operates as a subsidiary of BitNile Holdings, Inc. Giga Tronics is traded on OTC Exchange in the United States.Things to note about Giga tronics performance evaluation
Checking the ongoing alerts about Giga Tronics for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Giga tronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Giga tronics is not yet fully synchronised with the market data | |
| Giga tronics is way too risky over 90 days horizon | |
| Giga tronics has some characteristics of a very speculative penny stock | |
| Giga tronics appears to be risky and price may revert if volatility continues | |
| Giga tronics has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 9.03 M. Net Loss for the year was (3.11 M) with profit before overhead, payroll, taxes, and interest of 8.35 M. | |
| Giga tronics currently holds about 400 K in cash with (3.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14. | |
| Roughly 64.0% of the company shares are held by company insiders |
- Analyzing Giga Tronics' 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 Giga Tronics' stock is overvalued or undervalued compared to its peers.
- Examining Giga Tronics' 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 Giga Tronics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Giga Tronics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Giga Tronics' pink sheet. These opinions can provide insight into Giga Tronics' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Other Consideration for investing in Giga Pink Sheet
If you are still planning to invest in Giga tronics check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Giga Tronics' history and understand the potential risks before investing.
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