Sure Tech (Israel) Performance
| STEC Stock | 593.90 1.10 0.18% |
The entity has a beta of -0.48, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sure Tech are expected to decrease at a much lower rate. During the bear market, Sure Tech is likely to outperform the market. At this point, Sure Tech Investments has a negative expected return of -0.35%. Please make sure to validate Sure Tech's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Sure Tech Investments performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Sure Tech Investments LP has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's basic indicators remain somewhat strong which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
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Sure Tech Relative Risk vs. Return Landscape
If you would invest 71,190 in Sure Tech Investments LP on September 3, 2024 and sell it today you would lose (11,800) from holding Sure Tech Investments LP or give up 16.58% of portfolio value over 90 days. Sure Tech Investments LP is generating negative expected returns and assumes 3.0383% volatility on return distribution over the 90 days horizon. Simply put, 27% of stocks are less volatile than Sure, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Sure Tech Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sure Tech's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Sure Tech Investments LP, and traders can use it to determine the average amount a Sure Tech'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 = -0.1142
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| Negative Returns | STEC |
Estimated Market Risk
| 3.04 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sure Tech 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 Sure Tech by adding Sure Tech to a well-diversified portfolio.
Sure Tech Fundamentals Growth
Sure Stock prices reflect investors' perceptions of the future prospects and financial health of Sure Tech, and Sure Tech 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 Sure Stock performance.
| Shares Outstanding | 2.19 M | |||
About Sure Tech Performance
By analyzing Sure Tech's fundamental ratios, stakeholders can gain valuable insights into Sure Tech's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Sure Tech 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 Sure Tech has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Sure Tech Investments performance evaluation
Checking the ongoing alerts about Sure Tech for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Sure Tech Investments help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Sure Tech generated a negative expected return over the last 90 days | |
| Sure Tech has high historical volatility and very poor performance | |
| About 24.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Sure Tech'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 Sure Tech's stock is overvalued or undervalued compared to its peers.
- Examining Sure Tech'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 Sure Tech's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sure Tech's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Sure Tech's stock. These opinions can provide insight into Sure Tech's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Sure Stock analysis
When running Sure Tech's price analysis, check to measure Sure Tech'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 Sure Tech is operating at the current time. Most of Sure Tech's value examination focuses on studying past and present price action to predict the probability of Sure Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sure Tech's price. Additionally, you may evaluate how the addition of Sure Tech to your portfolios can decrease your overall portfolio volatility.
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