Weebit Nano Limited Stock Performance
| WBTNF Stock | USD 1.86 0.06 3.33% |
On a scale of 0 to 100, Weebit Nano holds a performance score of 10. The firm maintains a market beta of -0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Weebit Nano are expected to decrease at a much lower rate. During the bear market, Weebit Nano is likely to outperform the market. Please check Weebit Nano's total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Weebit Nano's historical returns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Weebit Nano Limited are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Weebit Nano reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 21.7 M | |
| Total Cashflows From Investing Activities | -206.5 K | |
| Free Cash Flow | -22.1 M |
Weebit |
Weebit Nano Relative Risk vs. Return Landscape
If you would invest 125.00 in Weebit Nano Limited on September 19, 2024 and sell it today you would earn a total of 61.00 from holding Weebit Nano Limited or generate 48.8% return on investment over 90 days. Weebit Nano Limited is currently producing 0.8067% returns and takes up 6.2901% volatility of returns over 90 trading days. Put another way, 56% of traded pink sheets are less volatile than Weebit, and 84% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Weebit Nano Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Weebit Nano's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Weebit Nano Limited, and traders can use it to determine the average amount a Weebit Nano'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 = 0.1283
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Estimated Market Risk
| 6.29 actual daily | 56 56% of assets are less volatile |
Expected Return
| 0.81 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Weebit Nano 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 Weebit Nano by adding it to a well-diversified portfolio.
Weebit Nano Fundamentals Growth
Weebit Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Weebit Nano, and Weebit Nano 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 Weebit Pink Sheet performance.
| Return On Equity | -0.73 | |||
| Return On Asset | -0.43 | |||
| Current Valuation | 411.87 M | |||
| Shares Outstanding | 173.64 M | |||
| Price To Book | 11.56 X | |||
| EBITDA | (27.36 M) | |||
| Cash And Equivalents | 50.25 M | |||
| Cash Per Share | 0.29 X | |||
| Total Debt | 414.82 K | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 0.32 X | |||
| Cash Flow From Operations | (21.82 M) | |||
| Earnings Per Share | (0.14) X | |||
| Total Asset | 57.01 M | |||
About Weebit Nano Performance
By analyzing Weebit Nano's fundamental ratios, stakeholders can gain valuable insights into Weebit Nano's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Weebit Nano 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 Weebit Nano has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Weebit Nano Limited develops a non-volatile memory using a Resistive RAM technology based on fabrication factory materials. The company was incorporated in 2015 and is based in Melbourne, Australia. Weebit Nano operates under Semiconductors classification in the United States and is traded on OTC Exchange.Things to note about Weebit Nano Limited performance evaluation
Checking the ongoing alerts about Weebit Nano for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Weebit Nano Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Weebit Nano Limited is way too risky over 90 days horizon | |
| Weebit Nano Limited may become a speculative penny stock | |
| Weebit Nano Limited appears to be risky and price may revert if volatility continues | |
| Weebit Nano Limited has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (27.7 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Weebit Nano Limited has accumulated about 50.25 M in cash with (21.82 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.29. |
- Analyzing Weebit Nano'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 Weebit Nano's stock is overvalued or undervalued compared to its peers.
- Examining Weebit Nano'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 Weebit Nano's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Weebit Nano's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Weebit Nano's pink sheet. These opinions can provide insight into Weebit Nano's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Weebit Pink Sheet analysis
When running Weebit Nano's price analysis, check to measure Weebit Nano'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 Weebit Nano is operating at the current time. Most of Weebit Nano's value examination focuses on studying past and present price action to predict the probability of Weebit Nano's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weebit Nano's price. Additionally, you may evaluate how the addition of Weebit Nano to your portfolios can decrease your overall portfolio volatility.
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