Wearable Devices Stock Performance
| WLDS Stock | USD 1.88 0.22 10.48% |
The firm maintains a market beta of 1.17, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Wearable Devices will likely underperform. At this point, Wearable Devices has a negative expected return of -1.89%. Please make sure to check out Wearable Devices' treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Wearable Devices 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 Wearable Devices has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Stock's fundamental indicators remain comparatively stable which may send shares a bit higher in April 2025. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
| Begin Period Cash Flow | 10.4 M | |
| Free Cash Flow | -8.6 M |
Wearable |
Wearable Devices Relative Risk vs. Return Landscape
If you would invest 788.00 in Wearable Devices on December 21, 2024 and sell it today you would lose (600.00) from holding Wearable Devices or give up 76.14% of portfolio value over 90 days. Wearable Devices is currently does not generate positive expected returns and assumes 9.9165% risk (volatility on return distribution) over the 90 days horizon. In different words, 88% of stocks are less volatile than Wearable, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Wearable Devices Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wearable Devices' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Wearable Devices, and traders can use it to determine the average amount a Wearable Devices' 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 = -0.1905
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| Negative Returns | WLDS |
Estimated Market Risk
| 9.92 actual daily | 88 88% of assets are less volatile |
Expected Return
| -1.89 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wearable Devices 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 Wearable Devices by adding Wearable Devices to a well-diversified portfolio.
Wearable Devices Fundamentals Growth
Wearable Stock prices reflect investors' perceptions of the future prospects and financial health of Wearable Devices, and Wearable Devices 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 Wearable Stock performance.
| Return On Equity | -1.74 | ||||
| Return On Asset | -0.71 | ||||
| Operating Margin | (10.71) % | ||||
| Current Valuation | 1.32 M | ||||
| Shares Outstanding | 871.71 K | ||||
| Price To Book | 1.24 X | ||||
| Price To Sales | 3.95 X | ||||
| Revenue | 82 K | ||||
| EBITDA | (8.12 M) | ||||
| Cash And Equivalents | 320 K | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 575 K | ||||
| Book Value Per Share | 6.49 X | ||||
| Cash Flow From Operations | (8.43 M) | ||||
| Earnings Per Share | (34.40) X | ||||
| Total Asset | 7.59 M | ||||
| Retained Earnings | (21.22 M) | ||||
About Wearable Devices Performance
Assessing Wearable Devices' fundamental ratios provides investors with valuable insights into Wearable Devices' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Wearable Devices 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.
Wearable Devices Ltd. engages in developing a non-invasive neural input interface for controlling digital devices using subtle finger movements. The company was incorporated in 2014 and is based in Yokneam Illit, Israel. Wearable Devices is traded on NASDAQ Exchange in the United States.Things to note about Wearable Devices performance evaluation
Checking the ongoing alerts about Wearable Devices for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Wearable Devices help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Wearable Devices generated a negative expected return over the last 90 days | |
| Wearable Devices has high historical volatility and very poor performance | |
| Wearable Devices may become a speculative penny stock | |
| Wearable Devices has a very high chance of going through financial distress in the upcoming years | |
| Wearable Devices currently holds 575 K in liabilities. Wearable Devices has a current ratio of 0.31, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Wearable Devices' use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 82 K. Net Loss for the year was (7.81 M) with profit before overhead, payroll, taxes, and interest of 90 K. | |
| Wearable Devices currently holds about 320 K in cash with (8.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Wearable Devices has a frail financial position based on the latest SEC disclosures |
- Analyzing Wearable Devices' 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 Wearable Devices' stock is overvalued or undervalued compared to its peers.
- Examining Wearable Devices' 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 Wearable Devices' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Wearable Devices' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Wearable Devices' stock. These opinions can provide insight into Wearable Devices' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Wearable Stock Analysis
When running Wearable Devices' price analysis, check to measure Wearable Devices' 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 Wearable Devices is operating at the current time. Most of Wearable Devices' value examination focuses on studying past and present price action to predict the probability of Wearable Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wearable Devices' price. Additionally, you may evaluate how the addition of Wearable Devices to your portfolios can decrease your overall portfolio volatility.