TenX Keane Acquisition Performance
The entity has a beta of -2.13, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning TenX Keane are expected to decrease by larger amounts. On the other hand, during market turmoil, TenX Keane is expected to outperform it. TenX Keane Acquisition right now has a risk of 0.0%. Please validate TenX Keane variance and potential upside , to decide if TenX Keane will be following its existing price patterns.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days TenX Keane Acquisition has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable forward-looking signals, TenX Keane is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Begin Period Cash Flow | 289.2 K |
TenX |
TenX Keane Relative Risk vs. Return Landscape
If you would invest (100.00) in TenX Keane Acquisition on September 19, 2024 and sell it today you would earn a total of 100.00 from holding TenX Keane Acquisition or generate -100.0% return on investment over 90 days. TenX Keane Acquisition is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded stocks are less volatile than TenX, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
TenX Keane Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TenX Keane's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as TenX Keane Acquisition, and traders can use it to determine the average amount a TenX Keane'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
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| TENKU |
Based on monthly moving average TenX Keane 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 TenX Keane by adding TenX Keane to a well-diversified portfolio.
TenX Keane Fundamentals Growth
TenX Stock prices reflect investors' perceptions of the future prospects and financial health of TenX Keane, and TenX Keane 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 TenX Stock performance.
| Return On Equity | 2.27 | |||
| Return On Asset | -0.009 | |||
| Current Valuation | 294.76 M | |||
| EBITDA | (1.01 M) | |||
| Total Debt | 1.32 M | |||
| Book Value Per Share | (0.22) X | |||
| Cash Flow From Operations | (601.3 K) | |||
| Total Asset | 72.62 M | |||
| Retained Earnings | (1.99 M) | |||
About TenX Keane Performance
Assessing TenX Keane's fundamental ratios provides investors with valuable insights into TenX Keane's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the TenX Keane 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.
TenX Keane Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. TenX Keane Acquisition Corp. operates as a subsidiary of 10XYZ Holdings LP. Tenx Keane is traded on NASDAQ Exchange in the United States.Things to note about TenX Keane Acquisition performance evaluation
Checking the ongoing alerts about TenX Keane for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for TenX Keane Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| TenX Keane is not yet fully synchronised with the market data | |
| TenX Keane has some characteristics of a very speculative penny stock | |
| TenX Keane has a very high chance of going through financial distress in the upcoming years | |
| TenX Keane generates negative cash flow from operations |
- Analyzing TenX Keane'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 TenX Keane's stock is overvalued or undervalued compared to its peers.
- Examining TenX Keane'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 TenX Keane's management team can have a significant impact on its success or failure. Reviewing the track record and experience of TenX Keane's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of TenX Keane's stock. These opinions can provide insight into TenX Keane's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Other Consideration for investing in TenX Stock
If you are still planning to invest in TenX Keane Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the TenX Keane's history and understand the potential risks before investing.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |