Solar Enertech Corp Stock Performance
The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Solar Enertech are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Solar Enertech Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy technical and fundamental indicators, Solar Enertech is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
| Total Cashflows From Investing Activities | -1.7 M |
Solar |
Solar Enertech Relative Risk vs. Return Landscape
If you would invest 0.00 in Solar Enertech Corp on September 5, 2024 and sell it today you would earn a total of 0.00 from holding Solar Enertech Corp or generate 0.0% return on investment over 90 days. Solar Enertech Corp is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of pink sheets are less volatile than Solar, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Solar Enertech Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Solar Enertech's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Solar Enertech Corp, and traders can use it to determine the average amount a Solar Enertech'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 = 0.0
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Based on monthly moving average Solar Enertech 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 Solar Enertech by adding Solar Enertech to a well-diversified portfolio.
Solar Enertech Fundamentals Growth
Solar Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Solar Enertech, and Solar Enertech 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 Solar Pink Sheet performance.
| Return On Equity | -0.87 | |||
| Return On Asset | -0.26 | |||
| Profit Margin | (0.30) % | |||
| Operating Margin | (0.30) % | |||
| Current Valuation | 2.38 M | |||
| Shares Outstanding | 183.07 M | |||
| Price To Earning | (0.01) X | |||
| Price To Book | 0.18 X | |||
| Price To Sales | 0.05 X | |||
| Revenue | 42.69 M | |||
| EBITDA | (5.74 M) | |||
| Cash And Equivalents | 1.09 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 1.51 M | |||
| Debt To Equity | 0.21 % | |||
| Book Value Per Share | 0.04 X | |||
| Cash Flow From Operations | (2.98 M) | |||
| Earnings Per Share | (0.05) X | |||
| Total Asset | 21.88 M | |||
| Retained Earnings | (97.22 M) | |||
| Current Asset | 8.21 M | |||
| Current Liabilities | 9.35 M | |||
About Solar Enertech Performance
By examining Solar Enertech's fundamental ratios, stakeholders can obtain critical insights into Solar Enertech's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Solar Enertech is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Solar EnerTech Corp. operates as a photovoltaic solar energy cell manufacturing company. Solar EnerTech Corp. was incorporated in 2004 is headquartered in Mountain View, California. SOLAR ENERTECH operates under Solar classification in the United States and is traded on OTC Exchange. It employs 290 people.Things to note about Solar Enertech Corp performance evaluation
Checking the ongoing alerts about Solar Enertech for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Solar Enertech Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Solar Enertech Corp generated a negative expected return over the last 90 days | |
| Solar Enertech Corp has some characteristics of a very speculative penny stock | |
| Solar Enertech Corp has a very high chance of going through financial distress in the upcoming years | |
| Solar Enertech Corp currently holds 1.51 M in liabilities with Debt to Equity (D/E) ratio of 0.21, which may suggest the company is not taking enough advantage from borrowing. Solar Enertech Corp has a current ratio of 0.86, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Solar Enertech until it has trouble settling it off, either with new capital or with free cash flow. So, Solar Enertech's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Solar Enertech Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Solar to invest in growth at high rates of return. When we think about Solar Enertech's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 42.69 M. Net Loss for the year was (1.69 M) with loss before overhead, payroll, taxes, and interest of (1.03 M). | |
| Solar Enertech Corp currently holds about 1.09 M in cash with (2.98 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
- Analyzing Solar Enertech'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 Solar Enertech's stock is overvalued or undervalued compared to its peers.
- Examining Solar Enertech'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 Solar Enertech's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Solar Enertech's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Solar Enertech's pink sheet. These opinions can provide insight into Solar Enertech's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Solar Pink Sheet
Solar Enertech financial ratios help investors to determine whether Solar Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Solar with respect to the benefits of owning Solar Enertech security.