Connexa Sports Technologies Stock Today
| YYAI Stock | 0.75 0.01 1.35% |
PerformanceWeak
| Odds Of DistressVery High
|
Connexa Sports is trading at 0.75 as of the 24th of March 2025. This is a 1.35% up since the beginning of the trading day. The stock's open price was 0.74. Connexa Sports has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Connexa Sports symbol was changed from CNXA on 15th of April 2024. The performance scores are derived for the period starting the 24th of December 2024 and ending today, the 24th of March 2025. Click here to learn more.
Moving against Connexa Stock
Connexa Stock Highlights
| Older Symbol | CNXA |
| CEO, Chairman | Mike Ballardie |
| Thematic Idea | Recreation (View all Themes) |
| Business Concentration | Apparel, Accessories & Luxury Goods, Consumer Durables & Apparel, Consumer Discretionary, NASDAQ Composite, Recreation, Consumer Discretionary, Textiles, Apparel & Luxury Goods, Consumer Durables & Apparel, Consumer Discretionary (View all Sectors) |
Connexa Sports Technologies (YYAI) is traded on NASDAQ Exchange in USA. It is located in 2709 North Rolling Road, Windsor Mill, MD, United States, 21244 and employs 8 people. Connexa Sports Technologies was previously known as CNXA Old and was traded on NASDAQ Exchange under the symbol CNXA. Connexa Sports is listed under Apparel, Accessories & Luxury Goods category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 10.92 M. Connexa Sports Techn conducts business under Textiles, Apparel & Luxury Goods sector and is part of Consumer Discretionary industry. The entity has 14.56 M outstanding shares of which 553.12 K shares are at this time shorted by private and institutional investors with about 1.51 trading days to cover.
Connexa Sports generates negative cash flow from operations
Check Connexa Sports Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Connexa Sports Techn is USD10.92 Million. Connexa Sports Technologies retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
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Connexa Sports Techn Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Connexa Sports market risk premium is the additional return an investor will receive from holding Connexa Sports long position in a well-diversified portfolio.
| Risk Adjusted Performance | 0.0432 | |||
| Jensen Alpha | 0.3088 | |||
| Total Risk Alpha | 1.99 | |||
| Sortino Ratio | 0.0517 |
Connexa Stock Against Markets
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The danger of trading Connexa Sports Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Connexa Sports is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Connexa Sports. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Connexa Sports Techn is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Connexa Sports Techn offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Connexa Sports' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Connexa Sports Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Connexa Sports Technologies Stock: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Connexa Sports Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Connexa Sports. If investors know Connexa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Connexa Sports listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Connexa Sports Techn is measured differently than its book value, which is the value of Connexa that is recorded on the company's balance sheet. Investors also form their own opinion of Connexa Sports' value that differs from its market value or its book value, called intrinsic value, which is Connexa Sports' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Connexa Sports' market value can be influenced by many factors that don't directly affect Connexa Sports' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Connexa Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Connexa Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Connexa Sports' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.