Solarmax Technology Common Stock Performance
| SMXT Stock | 1.48 0.35 19.13% |
Solarmax Technology holds a performance score of 10 on a scale of zero to a hundred. The entity has a beta of 0.65, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Solarmax Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Solarmax Technology is expected to be smaller as well. Use Solarmax Technology value at risk, as well as the relationship between the kurtosis and price action indicator , to analyze future returns on Solarmax Technology.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Solarmax Technology Common are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak basic indicators, Solarmax Technology unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | SolarMax faces delisting risk on Nasdaq - Investing.com | 11/01/2024 |
2 | SolarMax Technology Signs MOU for 40-Megawatt Solar Farm in Georgia | 12/12/2024 |
| Begin Period Cash Flow | 4.2 M |
Solarmax |
Solarmax Technology Relative Risk vs. Return Landscape
If you would invest 89.00 in Solarmax Technology Common on October 10, 2024 and sell it today you would earn a total of 59.00 from holding Solarmax Technology Common or generate 66.29% return on investment over 90 days. Solarmax Technology Common is currently generating 1.2608% in daily expected returns and assumes 9.2062% risk (volatility on return distribution) over the 90 days horizon. In different words, 81% of stocks are less volatile than Solarmax, and 75% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Solarmax Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Solarmax Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Solarmax Technology Common, and traders can use it to determine the average amount a Solarmax Technology'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 = 0.1369
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 9.21 actual daily | 82 82% of assets are less volatile |
Expected Return
| 1.26 actual daily | 25 75% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Solarmax Technology is performing at about 10% 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 Solarmax Technology by adding it to a well-diversified portfolio.
Solarmax Technology Fundamentals Growth
Solarmax Stock prices reflect investors' perceptions of the future prospects and financial health of Solarmax Technology, and Solarmax Technology 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 Solarmax Stock performance.
| Return On Asset | -0.22 | ||||
| Profit Margin | (0.54) % | ||||
| Operating Margin | (0.54) % | ||||
| Current Valuation | 109.66 M | ||||
| Shares Outstanding | 45.28 M | ||||
| Price To Sales | 2.26 X | ||||
| Revenue | 54.14 M | ||||
| EBITDA | 3.56 M | ||||
| Net Income | 434.79 K | ||||
| Total Debt | 41.88 M | ||||
| Book Value Per Share | (0.40) X | ||||
| Cash Flow From Operations | 3.81 M | ||||
| Earnings Per Share | (0.71) X | ||||
| Market Capitalization | 82.87 M | ||||
| Total Asset | 48.66 M | ||||
| Retained Earnings | (68.62 M) | ||||
| Working Capital | (23.48 M) | ||||
About Solarmax Technology Performance
Assessing Solarmax Technology's fundamental ratios provides investors with valuable insights into Solarmax Technology's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Solarmax Technology 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 | ||
| Days Of Inventory On Hand | 10.25 | 17.22 | |
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.09 | 0.11 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | (0.02) | (0.03) |
Things to note about Solarmax Technology performance evaluation
Checking the ongoing alerts about Solarmax Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Solarmax Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Solarmax Technology is way too risky over 90 days horizon | |
| Solarmax Technology may become a speculative penny stock | |
| Solarmax Technology appears to be risky and price may revert if volatility continues | |
| Solarmax Technology has high likelihood to experience some financial distress in the next 2 years | |
| About 34.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: SolarMax Technology Signs MOU for 40-Megawatt Solar Farm in Georgia |
- Analyzing Solarmax Technology'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 Solarmax Technology's stock is overvalued or undervalued compared to its peers.
- Examining Solarmax Technology'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 Solarmax Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Solarmax Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Solarmax Technology's stock. These opinions can provide insight into Solarmax Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Solarmax Stock Analysis
When running Solarmax Technology's price analysis, check to measure Solarmax Technology'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 Solarmax Technology is operating at the current time. Most of Solarmax Technology's value examination focuses on studying past and present price action to predict the probability of Solarmax Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solarmax Technology's price. Additionally, you may evaluate how the addition of Solarmax Technology to your portfolios can decrease your overall portfolio volatility.