Nano One Materials Stock Performance
| NNOMF Stock | USD 0.58 0.03 5.45% |
On a scale of 0 to 100, Nano One holds a performance score of 3. The company secures a Beta (Market Risk) of 1.47, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nano One will likely underperform. Please check Nano One's treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Nano One's current price movements will revert.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Nano One Materials are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite nearly abnormal primary indicators, Nano One reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 27.8 M | |
| Total Cashflows From Investing Activities | 317.3 K |
Nano |
Nano One Relative Risk vs. Return Landscape
If you would invest 53.00 in Nano One Materials on September 2, 2024 and sell it today you would earn a total of 5.00 from holding Nano One Materials or generate 9.43% return on investment over 90 days. Nano One Materials is currently producing 0.2953% returns and takes up 5.8945% volatility of returns over 90 trading days. Put another way, 52% of traded pink sheets are less volatile than Nano, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nano One Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nano One's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Nano One Materials, and traders can use it to determine the average amount a Nano One'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 = 0.0501
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Estimated Market Risk
| 5.89 actual daily | 52 52% of assets are less volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Nano One is performing at about 3% 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 Nano One by adding it to a well-diversified portfolio.
Nano One Fundamentals Growth
Nano Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Nano One, and Nano One 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 Nano Pink Sheet performance.
| Return On Equity | -0.23 | |||
| Return On Asset | -0.14 | |||
| Current Valuation | 170.72 M | |||
| Shares Outstanding | 100.46 M | |||
| Price To Earning | 16.08 X | |||
| Price To Book | 4.80 X | |||
| EBITDA | (10.57 M) | |||
| Cash And Equivalents | 47.93 M | |||
| Cash Per Share | 0.48 X | |||
| Total Debt | 855.14 K | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 0.58 X | |||
| Cash Flow From Operations | (7.02 M) | |||
| Earnings Per Share | (0.09) X | |||
| Total Asset | 55.36 M | |||
About Nano One Performance
By analyzing Nano One's fundamental ratios, stakeholders can gain valuable insights into Nano One's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nano One 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 Nano One has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Nano One Materials Corp. produces cathode active materials for lithium-ion battery applications in electric vehicles, energy storage systems, and consumer electronics applications. The company was incorporated in 1987 and is headquartered in Burnaby, Canada. Nano One operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. It employs 69 people.Things to note about Nano One Materials performance evaluation
Checking the ongoing alerts about Nano One for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Nano One Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nano One Materials had very high historical volatility over the last 90 days | |
| Nano One Materials has some characteristics of a very speculative penny stock | |
| Nano One Materials has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (11.32 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Nano One Materials has accumulated about 47.93 M in cash with (7.02 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.48. |
- Analyzing Nano One'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 Nano One's stock is overvalued or undervalued compared to its peers.
- Examining Nano One'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 Nano One's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nano One's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nano One's pink sheet. These opinions can provide insight into Nano One's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Nano Pink Sheet analysis
When running Nano One's price analysis, check to measure Nano One'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 Nano One is operating at the current time. Most of Nano One's value examination focuses on studying past and present price action to predict the probability of Nano One's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nano One's price. Additionally, you may evaluate how the addition of Nano One to your portfolios can decrease your overall portfolio volatility.
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