Securetech Innovations Stock Performance
| SCTH Stock | USD 1.00 0.59 143.90% |
SecureTech Innovations holds a performance score of 5 on a scale of zero to a hundred. The entity has a beta of -0.53, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning SecureTech Innovations are expected to decrease at a much lower rate. During the bear market, SecureTech Innovations is likely to outperform the market. Use SecureTech Innovations coefficient of variation, total risk alpha, as well as the relationship between the Total Risk Alpha and day median price , to analyze future returns on SecureTech Innovations.
Risk-Adjusted Performance
5 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in SecureTech Innovations are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite fairly abnormal basic indicators, SecureTech Innovations demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 89.8 K | |
| Free Cash Flow | -99 K |
SecureTech |
SecureTech Innovations Relative Risk vs. Return Landscape
If you would invest 100.00 in SecureTech Innovations on September 24, 2024 and sell it today you would earn a total of 0.00 from holding SecureTech Innovations or generate 0.0% return on investment over 90 days. SecureTech Innovations is currently generating 1.2972% in daily expected returns and assumes 19.3778% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than SecureTech, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
SecureTech Innovations Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SecureTech Innovations' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as SecureTech Innovations, and traders can use it to determine the average amount a SecureTech Innovations' 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 = 0.0669
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Estimated Market Risk
| 19.38 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.3 actual daily | 25 75% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average SecureTech Innovations is performing at about 5% of its full potential. 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 SecureTech Innovations by adding it to a well-diversified portfolio.
SecureTech Innovations Fundamentals Growth
SecureTech Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of SecureTech Innovations, and SecureTech Innovations 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 SecureTech Pink Sheet performance.
| Return On Equity | -1.46 | |||
| Return On Asset | -0.87 | |||
| Operating Margin | (10.77) % | |||
| Current Valuation | 384.18 M | |||
| Shares Outstanding | 111.79 M | |||
| Price To Book | 2,503 X | |||
| Price To Sales | 13,334 X | |||
| Revenue | 31.71 K | |||
| EBITDA | (108.71 K) | |||
| Cash And Equivalents | 197.17 K | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (99.03 K) | |||
| Total Asset | 254 K | |||
About SecureTech Innovations Performance
By evaluating SecureTech Innovations' fundamental ratios, stakeholders can gain valuable insights into SecureTech Innovations' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SecureTech Innovations 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 SecureTech Innovations 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.
SecureTech Innovations, Inc. develops and markets personal and automobile security and safety devices and technologies in the United States. SecureTech Innovations, Inc. was incorporated in 2017 and is headquartered in Roseville, Minnesota. Securetech Innovations operates under Auto Parts classification in the United States and is traded on OTC Exchange. It employs 2 people.Things to note about SecureTech Innovations performance evaluation
Checking the ongoing alerts about SecureTech Innovations for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for SecureTech Innovations help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| SecureTech Innovations is way too risky over 90 days horizon | |
| SecureTech Innovations has some characteristics of a very speculative penny stock | |
| SecureTech Innovations appears to be risky and price may revert if volatility continues | |
| SecureTech Innovations has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 31.71 K. Net Loss for the year was (108.71 K) with profit before overhead, payroll, taxes, and interest of 22.8 K. | |
| SecureTech Innovations currently holds about 197.17 K in cash with (99.03 K) of positive cash flow from operations. | |
| Roughly 72.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing SecureTech Innovations' 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 SecureTech Innovations' stock is overvalued or undervalued compared to its peers.
- Examining SecureTech Innovations' 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 SecureTech Innovations' management team can have a significant impact on its success or failure. Reviewing the track record and experience of SecureTech Innovations' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of SecureTech Innovations' pink sheet. These opinions can provide insight into SecureTech Innovations' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for SecureTech Pink Sheet analysis
When running SecureTech Innovations' price analysis, check to measure SecureTech Innovations' 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 SecureTech Innovations is operating at the current time. Most of SecureTech Innovations' value examination focuses on studying past and present price action to predict the probability of SecureTech Innovations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SecureTech Innovations' price. Additionally, you may evaluate how the addition of SecureTech Innovations to your portfolios can decrease your overall portfolio volatility.
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