Brite Tech (Malaysia) Performance
| 0011 Stock | 0.30 0.01 3.23% |
The firm shows a Beta (market volatility) of -0.0924, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Brite Tech are expected to decrease at a much lower rate. During the bear market, Brite Tech is likely to outperform the market. At this point, Brite Tech Bhd has a negative expected return of -0.0882%. Please make sure to confirm Brite Tech's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Brite Tech Bhd performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Brite Tech Bhd has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent basic indicators, Brite Tech is not utilizing all of its potentials. The latest stock price mess, may contribute to short-term losses for the institutional investors. ...more
| Begin Period Cash Flow | 3.1 M | |
| Total Cashflows From Investing Activities | -3.4 M | |
| Free Cash Flow | -2.6 M |
Brite |
Brite Tech Relative Risk vs. Return Landscape
If you would invest 32.00 in Brite Tech Bhd on September 23, 2024 and sell it today you would lose (2.00) from holding Brite Tech Bhd or give up 6.25% of portfolio value over 90 days. Brite Tech Bhd is generating negative expected returns and assumes 1.4968% volatility on return distribution over the 90 days horizon. Simply put, 13% of stocks are less volatile than Brite, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Brite Tech Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brite Tech's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Brite Tech Bhd, and traders can use it to determine the average amount a Brite Tech's 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 = -0.0589
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 0011 |
Estimated Market Risk
| 1.5 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Brite Tech is not performing at its full potential. However, 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 Brite Tech by adding Brite Tech to a well-diversified portfolio.
Brite Tech Fundamentals Growth
Brite Stock prices reflect investors' perceptions of the future prospects and financial health of Brite Tech, and Brite Tech 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 Brite Stock performance.
| Return On Equity | 13.0 | |||
| Current Valuation | 85.3 M | |||
| Price To Book | 0.82 X | |||
| Price To Sales | 2.60 X | |||
| Revenue | 23.69 M | |||
| EBITDA | 12.08 M | |||
| Total Debt | 31.77 M | |||
| Cash Flow From Operations | (1.73 M) | |||
| Total Asset | 120.16 M | |||
About Brite Tech Performance
By examining Brite Tech's fundamental ratios, stakeholders can obtain critical insights into Brite Tech's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Brite Tech is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Things to note about Brite Tech Bhd performance evaluation
Checking the ongoing alerts about Brite Tech for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Brite Tech Bhd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Brite Tech Bhd generated a negative expected return over the last 90 days | |
| Brite Tech Bhd has some characteristics of a very speculative penny stock | |
| Brite Tech generates negative cash flow from operations |
- Analyzing Brite Tech's 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 Brite Tech's stock is overvalued or undervalued compared to its peers.
- Examining Brite Tech's 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 Brite Tech's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Brite Tech's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Brite Tech's stock. These opinions can provide insight into Brite Tech's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Brite Stock
Brite Tech financial ratios help investors to determine whether Brite Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Brite with respect to the benefits of owning Brite Tech security.