Sharps Technology Warrant Stock Performance
| STSSW Stock | USD 0.02 0 6.01% |
The entity has a beta of -4.33, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Sharps Technology are expected to decrease by larger amounts. On the other hand, during market turmoil, Sharps Technology is expected to outperform it. At this point, Sharps Technology Warrant has a negative expected return of -0.0423%. Please make sure to validate Sharps Technology's coefficient of variation, maximum drawdown, skewness, as well as the relationship between the total risk alpha and downside variance , to decide if Sharps Technology Warrant performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Sharps Technology Warrant has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Sharps Technology is not utilizing all of its potentials. The newest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
1 | Sharps Technology prices 14.29M units at 1.40 in upsized public offering - TipRanks | 01/28/2025 |
2 | Medical Device Maker Secures 20M War Chest Inside Sharps Technologys Strategic Funding Move - StockTitan | 01/29/2025 |
3 | Sharps Technology stock hits 52-week low at 0.3 amid sharp decline - Investing.com | 02/24/2025 |
4 | Sharps Technologys CEO Issues Corporate Update Highlighting Agreements for SecureGard and ... | 03/06/2025 |
5 | Sharps Technology stock hits 52-week low at 0.25 - Investing.com | 03/21/2025 |
| Begin Period Cash Flow | 4.2 M |
Sharps |
Sharps Technology Relative Risk vs. Return Landscape
If you would invest 6.02 in Sharps Technology Warrant on December 26, 2024 and sell it today you would lose (4.30) from holding Sharps Technology Warrant or give up 71.43% of portfolio value over 90 days. Sharps Technology Warrant is currently producing negative expected returns and takes up 21.1854% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Sharps, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Sharps Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sharps Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Sharps Technology Warrant, and traders can use it to determine the average amount a Sharps 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 = -0.002
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | STSSW |
Estimated Market Risk
| 21.19 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sharps Technology 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 Sharps Technology by adding Sharps Technology to a well-diversified portfolio.
Sharps Technology Fundamentals Growth
Sharps Stock prices reflect investors' perceptions of the future prospects and financial health of Sharps Technology, and Sharps 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 Sharps Stock performance.
| Return On Equity | -0.92 | ||||
| Return On Asset | -0.42 | ||||
| EBITDA | (8.98 M) | ||||
| Net Income | (9.84 M) | ||||
| Cash And Equivalents | 1.48 M | ||||
| Cash Per Share | 0.28 X | ||||
| Total Debt | 3.85 M | ||||
| Debt To Equity | 0.22 % | ||||
| Current Ratio | 0.58 X | ||||
| Book Value Per Share | 3.84 X | ||||
| Cash Flow From Operations | (8.51 M) | ||||
| Earnings Per Share | (0.96) X | ||||
| Total Asset | 11.79 M | ||||
| Retained Earnings | (25.15 M) | ||||
| Working Capital | 1.15 M | ||||
About Sharps Technology Performance
Evaluating Sharps Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Sharps Technology 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 Sharps Technology has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 804.95 | 863.54 | |
| Return On Tangible Assets | (0.75) | (0.79) | |
| Return On Capital Employed | (1.13) | (1.18) | |
| Return On Assets | (0.75) | (0.79) | |
| Return On Equity | (1.12) | (1.17) |
Things to note about Sharps Technology Warrant performance evaluation
Checking the ongoing alerts about Sharps Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Sharps Technology Warrant help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Sharps Technology generated a negative expected return over the last 90 days | |
| Sharps Technology has high historical volatility and very poor performance | |
| Sharps Technology has some characteristics of a very speculative penny stock | |
| Sharps Technology has a very high chance of going through financial distress in the upcoming years | |
| Sharps Technology Warrant has accumulated 3.85 M in total debt with debt to equity ratio (D/E) of 0.22, which may suggest the company is not taking enough advantage from borrowing. Sharps Technology Warrant has a current ratio of 0.57, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Sharps Technology's use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (9.84 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Sharps Technology Warrant has accumulated about 1.48 M in cash with (8.51 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.28, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Sharps Technology has a frail financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Sharps Technology stock hits 52-week low at 0.25 - Investing.com |
- Analyzing Sharps 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 Sharps Technology's stock is overvalued or undervalued compared to its peers.
- Examining Sharps 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 Sharps Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sharps Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Sharps Technology's stock. These opinions can provide insight into Sharps Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Sharps Stock Analysis
When running Sharps Technology's price analysis, check to measure Sharps 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 Sharps Technology is operating at the current time. Most of Sharps Technology's value examination focuses on studying past and present price action to predict the probability of Sharps 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 Sharps Technology's price. Additionally, you may evaluate how the addition of Sharps Technology to your portfolios can decrease your overall portfolio volatility.