MIRC Electronics (India) Performance
| MIRCELECTR | 11.16 0.51 4.37% |
The company secures a Beta (Market Risk) of 0.3, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MIRC Electronics' returns are expected to increase less than the market. However, during the bear market, the loss of holding MIRC Electronics is expected to be smaller as well. At this point, MIRC Electronics has a negative expected return of -1.1%. Please make sure to verify MIRC Electronics' accumulation distribution, and the relationship between the potential upside and day median price , to decide if MIRC Electronics performance from the past will be repeated at future time.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days MIRC Electronics Limited has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's fundamental indicators remain rather sound which may send shares a bit higher in April 2025. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
Last Split Factor 2:1 | Ex Dividend Date 2011-06-09 | Last Split Date 2003-08-13 |
1 | Heres Why MIRC Electronics Can Afford Some Debt - Simply Wall St | 01/13/2025 |
2 | 52 Week Low Stocks Today on March 13, 2025 Mirc Electronics, Cineline India others hit 52 week low today Check the full list here - Mint | 03/12/2025 |
3 | MIRC Electronics Hits 52-Week Low Amidst Significant Financial Struggles and Declining Sales - MarketsMojo | 03/27/2025 |
| Begin Period Cash Flow | 38.7 M |
MIRC |
MIRC Electronics Relative Risk vs. Return Landscape
If you would invest 2,327 in MIRC Electronics Limited on December 29, 2024 and sell it today you would lose (1,211) from holding MIRC Electronics Limited or give up 52.04% of portfolio value over 90 days. MIRC Electronics Limited is generating negative expected returns and assumes 3.9496% volatility on return distribution over the 90 days horizon. Simply put, 35% of stocks are less volatile than MIRC, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
MIRC Electronics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MIRC Electronics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as MIRC Electronics Limited, and traders can use it to determine the average amount a MIRC Electronics' 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 = -0.2789
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| Negative Returns | MIRCELECTR |
Estimated Market Risk
| 3.95 actual daily | 35 65% of assets are more volatile |
Expected Return
| -1.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.28 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MIRC Electronics 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 MIRC Electronics by adding MIRC Electronics to a well-diversified portfolio.
MIRC Electronics Fundamentals Growth
MIRC Stock prices reflect investors' perceptions of the future prospects and financial health of MIRC Electronics, and MIRC Electronics 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 MIRC Stock performance.
| Return On Equity | -0.31 | ||||
| Return On Asset | -0.037 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 3.69 B | ||||
| Shares Outstanding | 230.95 M | ||||
| Price To Book | 2.06 X | ||||
| Price To Sales | 0.31 X | ||||
| Revenue | 9.67 B | ||||
| Gross Profit | 943.1 M | ||||
| EBITDA | (391.79 M) | ||||
| Net Income | (622.08 M) | ||||
| Total Debt | 1.04 B | ||||
| Book Value Per Share | 5.80 X | ||||
| Cash Flow From Operations | (45.5 M) | ||||
| Earnings Per Share | (2.36) X | ||||
| Total Asset | 5.7 B | ||||
| Retained Earnings | (1.23 B) | ||||
About MIRC Electronics Performance
By analyzing MIRC Electronics' fundamental ratios, stakeholders can gain valuable insights into MIRC Electronics' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if MIRC Electronics 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 MIRC Electronics has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
MIRC Electronics is entity of India. It is traded as Stock on NSE exchange.Things to note about MIRC Electronics performance evaluation
Checking the ongoing alerts about MIRC Electronics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for MIRC Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| MIRC Electronics generated a negative expected return over the last 90 days | |
| MIRC Electronics has high historical volatility and very poor performance | |
| MIRC Electronics has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 9.67 B. Net Loss for the year was (622.08 M) with profit before overhead, payroll, taxes, and interest of 943.1 M. | |
| MIRC Electronics generates negative cash flow from operations | |
| About 54.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: MIRC Electronics Hits 52-Week Low Amidst Significant Financial Struggles and Declining Sales - MarketsMojo |
- Analyzing MIRC Electronics' 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 MIRC Electronics' stock is overvalued or undervalued compared to its peers.
- Examining MIRC Electronics' 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 MIRC Electronics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of MIRC Electronics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of MIRC Electronics' stock. These opinions can provide insight into MIRC Electronics' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for MIRC Stock analysis
When running MIRC Electronics' price analysis, check to measure MIRC Electronics' 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 MIRC Electronics is operating at the current time. Most of MIRC Electronics' value examination focuses on studying past and present price action to predict the probability of MIRC Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MIRC Electronics' price. Additionally, you may evaluate how the addition of MIRC Electronics to your portfolios can decrease your overall portfolio volatility.
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