Weebit Nano (Australia) Buy Hold or Sell Recommendation
| WBT Stock | 2.92 0.16 5.80% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Weebit Nano is 'Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Weebit Nano given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Weebit Nano, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Weebit Nano Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Weebit and provide practical buy, sell, or hold advice based on investors' constraints. Weebit Nano. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Weebit |
Execute Weebit Nano Buy or Sell Advice
The Weebit recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Weebit Nano. Macroaxis does not own or have any residual interests in Weebit Nano or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Weebit Nano's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Good | Details | |
Volatility | Very risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Weebit Nano Trading Alerts and Improvement Suggestions
| Weebit Nano appears to be risky and price may revert if volatility continues | |
| Weebit Nano has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.02 M. Net Loss for the year was (41.25 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Weebit Nano has accumulated about 15.15 M in cash with (24.4 M) of positive cash flow from operations. | |
| Roughly 13.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Why Accent, Sayona Mining, Web Travel, and Weebit Nano shares are dropping today - MSN |
Weebit Nano Returns Distribution Density
The distribution of Weebit Nano's historical returns is an attempt to chart the uncertainty of Weebit Nano's future price movements. The chart of the probability distribution of Weebit Nano daily returns describes the distribution of returns around its average expected value. We use Weebit Nano price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Weebit Nano returns is essential to provide solid investment advice for Weebit Nano.
| Mean Return | 0.65 | Value At Risk | -5.1 | Potential Upside | 7.21 | Standard Deviation | 4.57 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Weebit Nano historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Weebit Nano Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (1.7K) | 2.4M | 17.6M | 28.5M | 37.7M | (25.1M) | |
| Free Cash Flow | (2.0M) | (7.1M) | (22.1M) | (20.3M) | (25.4M) | (24.2M) | |
| Depreciation | 11.81 | 107.9K | 106.0K | 172.6K | 308.6K | 376.5K | |
| Other Non Cash Items | 1.0M | 4.4M | 16.5M | 3.3M | 18.1M | 19.0M | |
| Capital Expenditures | 44.88 | 11.7K | 21.6K | 236.3K | 44.8K | 1.0M | |
| Net Income | (6.7K) | (4.0M) | (11.3M) | (27.7M) | (39.0M) | (41.2M) | |
| End Period Cash Flow | 1.7K | 4.1M | 21.7M | 50.2M | 88.0M | 62.8M | |
| Change To Netincome | 1.1M | 1.5M | 4.1M | 11.1M | 10.6M | 1.2M | |
| Investments | (12.4K) | (59.0K) | (206.5K) | (50.8K) | (1.0M) | (975.6K) |
Weebit Nano Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Weebit Nano or Technology Hardware, Storage & Peripherals sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Weebit Nano's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Weebit stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.52 | |
β | Beta against Dow Jones | 0.98 | |
σ | Overall volatility | 4.57 | |
Ir | Information ratio | 0.11 |
Weebit Nano Volatility Alert
Weebit Nano shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Weebit Nano's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Weebit Nano's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Weebit Nano Fundamentals Vs Peers
Comparing Weebit Nano's 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 Weebit Nano's direct or indirect competition across all of the common fundamentals between Weebit Nano and the related equities. This way, we can detect undervalued stocks with similar characteristics as Weebit Nano or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Weebit Nano's fundamental indicators could also be used in its relative valuation, which is a method of valuing Weebit Nano by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Weebit Nano to competition |
| Fundamentals | Weebit Nano | Peer Average |
| Return On Equity | -0.56 | -0.31 |
| Return On Asset | -0.36 | -0.14 |
| Operating Margin | (21.30) % | (5.51) % |
| Current Valuation | 542.33 M | 16.62 B |
| Shares Outstanding | 207.1 M | 571.82 M |
| Shares Owned By Insiders | 12.96 % | 10.09 % |
| Shares Owned By Institutions | 7.67 % | 39.21 % |
| Price To Book | 9.77 X | 9.51 X |
| Price To Sales | 583.98 X | 11.42 X |
| Revenue | 1.02 M | 9.43 B |
| EBITDA | (45.11 M) | 3.9 B |
| Net Income | (41.25 M) | 570.98 M |
| Cash And Equivalents | 15.15 M | 2.7 B |
| Total Debt | 434.77 K | 5.32 B |
| Book Value Per Share | 0.33 X | 1.93 K |
| Cash Flow From Operations | (24.4 M) | 971.22 M |
| Earnings Per Share | (0.22) X | 3.12 X |
| Target Price | 8.71 | |
| Beta | 1.55 | -0.15 |
| Market Capitalization | 594.37 M | 19.03 B |
| Total Asset | 66.03 M | 29.47 B |
| Retained Earnings | (158.77 M) | 9.33 B |
| Working Capital | 60.47 M | 1.48 B |
| Net Asset | 66.03 M |
Weebit Nano Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Weebit . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Weebit Nano Buy or Sell Advice
When is the right time to buy or sell Weebit Nano? Buying financial instruments such as Weebit Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Weebit Stock Analysis
When running Weebit Nano's price analysis, check to measure Weebit Nano's 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 Weebit Nano is operating at the current time. Most of Weebit Nano's value examination focuses on studying past and present price action to predict the probability of Weebit Nano's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weebit Nano's price. Additionally, you may evaluate how the addition of Weebit Nano to your portfolios can decrease your overall portfolio volatility.