Connexa Sports Technologies Stock Analysis

Connexa Stock Analysis Notes

About 53.0% of the company outstanding shares are owned by insiders. The company has Price to Book (P/B) ratio of 0.73. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Connexa Sports Techn recorded a loss per share of 676.61. The entity had not issued any dividends in recent years. The firm had 1:20 split on the 27th of June 2024. For more information please call Mike Ballardie at 443 407 7564 or visit https://www.connexasports.com.

Connexa Sports Techn Investment Alerts

Connexa Sports Thematic Classifications

Connexa Stock Institutional Investors

Note, although Connexa Sports' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Connexa Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.78 M.

Connexa Profitablity

Management Efficiency

Connexa Sports Techn has return on total asset (ROA) of (0.3294) % which means that it has lost $0.3294 on every $100 spent on assets. This is way below average. Connexa Sports' management efficiency ratios could be used to measure how well Connexa Sports manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.87. The Connexa Sports' current Return On Capital Employed is estimated to increase to -0.73. As of now, Connexa Sports' Asset Turnover is decreasing as compared to previous years.

Technical Drivers

As of the 4th of March, Connexa Sports shows the Mean Deviation of 9.16, standard deviation of 17.44, and Risk Adjusted Performance of (0.04). In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Connexa Sports, as well as the relationship between them.

Connexa Sports Techn Price Movement Analysis

Connexa Sports Predictive Daily Indicators

Connexa Sports Forecast Models

Connexa Sports' time-series forecasting models are one of many Connexa Sports' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Connexa Sports' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Connexa Sports prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Connexa shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Connexa Sports. By using and applying Connexa Stock analysis, traders can create a robust methodology for identifying Connexa entry and exit points for their positions.

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.