Giga tronics Alpha and Beta Analysis
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Giga tronics. It also helps investors analyze the systematic and unsystematic risks associated with investing in Giga Tronics over a specified time horizon. Remember, high Giga Tronics' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Giga Tronics' market risk premium analysis include:
Beta (57.24) | Alpha 45.18 | Risk 264.21 | Sharpe Ratio 0.2 | Expected Return 53.33 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Giga |
Giga Tronics Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Giga Tronics market risk premium is the additional return an investor will receive from holding Giga Tronics long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Giga Tronics. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Giga Tronics' performance over market.| α | 45.18 | β | -57.24 |
Giga Tronics Fundamentals Vs Peers
Comparing Giga Tronics' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Giga Tronics' direct or indirect competition across all of the common fundamentals between Giga Tronics and the related equities. This way, we can detect undervalued stocks with similar characteristics as Giga Tronics or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Giga Tronics' fundamental indicators could also be used in its relative valuation, which is a method of valuing Giga Tronics by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Giga Tronics to competition |
| Fundamentals | Giga Tronics | Peer Average |
| Return On Equity | -1.04 | -0.31 |
| Return On Asset | -0.18 | -0.14 |
| Profit Margin | (0.14) % | (1.27) % |
| Operating Margin | (0.14) % | (5.51) % |
| Current Valuation | 28.74 M | 16.62 B |
| Shares Outstanding | 5.93 M | 571.82 M |
| Shares Owned By Insiders | 63.69 % | 10.09 % |
Giga Tronics Opportunities
Giga Tronics Return and Market Media
The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
About Giga Tronics Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Giga or other pink sheets. Alpha measures the amount that position in Giga tronics has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Giga Tronics Upcoming Company Events
As portrayed in its financial statements, the presentation of Giga Tronics' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Giga Tronics' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Giga Tronics' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Giga Tronics. Please utilize our Beneish M Score to check the likelihood of Giga Tronics' management manipulating its earnings.
| 22nd of November 2023 Upcoming Quarterly Report | View | |
| 30th of September 2023 Next Fiscal Quarter End | View |
Build Portfolio with Giga Tronics
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Other Consideration for investing in Giga Pink Sheet
If you are still planning to invest in Giga tronics check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Giga Tronics' history and understand the potential risks before investing.
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