Connexa Sports Technologies Stock Performance
| YYAI Stock | 1.31 0.04 2.96% |
The firm shows a Beta (market volatility) of -0.0609, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Connexa Sports are expected to decrease at a much lower rate. During the bear market, Connexa Sports is likely to outperform the market. At this point, Connexa Sports Techn has a negative expected return of -1.99%. Please make sure to confirm Connexa Sports' treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Connexa Sports Techn 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 Connexa Sports Technologies has generated negative risk-adjusted returns adding no value to investors with long positions. Despite inconsistent performance in the last few months, the Stock's basic indicators remain fairly strong which may send shares a bit higher in February 2025. The recent confusion may also be a sign of long-lasting up-swing for the firm traders. ...more
Last Split Factor 1:40 | Last Split Date 2023-09-25 |
1 | Yuanyu enters 4B matchmaking market with 30M licensing deal, shares rise | 10/10/2024 |
2 | Connexa Sports Technologies The Competition Head-To-Head Contrast | 11/14/2024 |
3 | CONNEXA RECEIVES NASDAQ APPROVAL TO ACQUIRE YUANYU ENTERPRISE MANAGEMENT | 11/20/2024 |
4 | CONNEXA HAS CLOSED THE ACQUISITION OF A FURTHER 50 percent OF YYEM AND CONFIRMS THAT TRADING OF THE POST-ACQUISITION YYAI WILL COMMENCE FRIDAY, NOVEMBER 22, 202... | 11/21/2024 |
| Begin Period Cash Flow | 202.1 K |
Connexa |
Connexa Sports Relative Risk vs. Return Landscape
If you would invest 698.00 in Connexa Sports Technologies on October 10, 2024 and sell it today you would lose (567.00) from holding Connexa Sports Technologies or give up 81.23% of portfolio value over 90 days. Connexa Sports Technologies is currently does not generate positive expected returns and assumes 11.7781% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Connexa, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Connexa Sports Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Connexa Sports' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Connexa Sports Technologies, and traders can use it to determine the average amount a Connexa Sports' 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 = -0.1694
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | YYAI |
Estimated Market Risk
| 11.78 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.99 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Connexa Sports 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 Connexa Sports by adding Connexa Sports to a well-diversified portfolio.
Connexa Sports Fundamentals Growth
Connexa Stock prices reflect investors' perceptions of the future prospects and financial health of Connexa Sports, and Connexa Sports 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 Connexa Stock performance.
| Return On Asset | -0.57 | ||||
| Profit Margin | (1.01) % | ||||
| Operating Margin | (1.06) % | ||||
| Current Valuation | 38.2 M | ||||
| Shares Outstanding | 1000 K | ||||
| Revenue | 8.4 M | ||||
| EBITDA | (13.1 M) | ||||
| Net Income | (15.64 M) | ||||
| Total Debt | 2.73 M | ||||
| Book Value Per Share | 0.20 X | ||||
| Cash Flow From Operations | (3 M) | ||||
| Earnings Per Share | (43.42) X | ||||
| Market Capitalization | 277.09 M | ||||
| Total Asset | 21.62 M | ||||
| Retained Earnings | (167.39 M) | ||||
| Working Capital | 7.6 M | ||||
About Connexa Sports Performance
By evaluating Connexa Sports' fundamental ratios, stakeholders can gain valuable insights into Connexa Sports' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Connexa Sports 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 Connexa Sports 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 | 158.87 | 126.58 | |
| Return On Tangible Assets | (0.83) | (0.87) | |
| Return On Capital Employed | (0.77) | (0.73) | |
| Return On Assets | (0.83) | (0.87) | |
| Return On Equity | (1.87) | (1.78) |
Things to note about Connexa Sports Techn performance evaluation
Checking the ongoing alerts about Connexa Sports for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Connexa Sports Techn help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Connexa Sports Techn generated a negative expected return over the last 90 days | |
| Connexa Sports Techn has high historical volatility and very poor performance | |
| Connexa Sports Techn may become a speculative penny stock | |
| Connexa Sports Technologies was previously known as CNXA Old and was traded on NASDAQ Exchange under the symbol CNXA. | |
| The company reported the previous year's revenue of 8.4 M. Net Loss for the year was (15.64 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Connexa Sports generates negative cash flow from operations | |
| About 33.0% of the company outstanding shares are owned by insiders |
- Analyzing Connexa Sports' 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 Connexa Sports' stock is overvalued or undervalued compared to its peers.
- Examining Connexa Sports' 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 Connexa Sports' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Connexa Sports' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Connexa Sports' stock. These opinions can provide insight into Connexa Sports' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Connexa Stock analysis
When running Connexa Sports' price analysis, check to measure Connexa Sports' 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 Connexa Sports is operating at the current time. Most of Connexa Sports' value examination focuses on studying past and present price action to predict the probability of Connexa Sports' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Connexa Sports' price. Additionally, you may evaluate how the addition of Connexa Sports to your portfolios can decrease your overall portfolio volatility.
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