Nuran Wireless Stock Performance
| NRRWF Stock | USD 0.06 0.01 13.64% |
The company secures a Beta (Market Risk) of 0.35, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NuRAN Wireless' returns are expected to increase less than the market. However, during the bear market, the loss of holding NuRAN Wireless is expected to be smaller as well. At this point, NuRAN Wireless has a negative expected return of -0.82%. Please make sure to verify NuRAN Wireless' treynor ratio, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if NuRAN Wireless 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 NuRAN Wireless has generated negative risk-adjusted returns adding no value to investors with long positions. Despite conflicting performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 64.3 K | |
| Total Cashflows From Investing Activities | -1.1 M |
NuRAN |
NuRAN Wireless Relative Risk vs. Return Landscape
If you would invest 11.00 in NuRAN Wireless on September 5, 2024 and sell it today you would lose (5.05) from holding NuRAN Wireless or give up 45.91% of portfolio value over 90 days. NuRAN Wireless is currently producing negative expected returns and takes up 4.6371% volatility of returns over 90 trading days. Put another way, 41% of traded pink sheets are less volatile than NuRAN, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
NuRAN Wireless Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NuRAN Wireless' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as NuRAN Wireless, and traders can use it to determine the average amount a NuRAN Wireless' 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 = -0.1769
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Estimated Market Risk
| 4.64 actual daily | 41 59% of assets are more volatile |
Expected Return
| -0.82 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NuRAN Wireless 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 NuRAN Wireless by adding NuRAN Wireless to a well-diversified portfolio.
NuRAN Wireless Fundamentals Growth
NuRAN Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of NuRAN Wireless, and NuRAN Wireless 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 NuRAN Pink Sheet performance.
| Return On Equity | -3.01 | |||
| Return On Asset | -0.57 | |||
| Operating Margin | (6.20) % | |||
| Current Valuation | 17.69 M | |||
| Shares Outstanding | 34.31 M | |||
| Price To Earning | 50.80 X | |||
| Price To Book | 3.35 X | |||
| Price To Sales | 7.68 X | |||
| Revenue | 1.83 M | |||
| EBITDA | (11.3 M) | |||
| Cash And Equivalents | 246.94 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 3.15 M | |||
| Debt To Equity | 0.49 % | |||
| Book Value Per Share | 0.17 X | |||
| Cash Flow From Operations | (12.92 M) | |||
| Earnings Per Share | (0.38) X | |||
About NuRAN Wireless Performance
By analyzing NuRAN Wireless' fundamental ratios, stakeholders can gain valuable insights into NuRAN Wireless' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NuRAN Wireless 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 NuRAN Wireless has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Nuran Wireless Inc., together with its subsidiaries, engages in the research, development, manufacture, marketing, and operation of digital electronic circuits and wireless telecommunication products in Canada, the United States, Europe, and internationally. The company was incorporated in 2014 and is based in Lvis, Canada. Nuran Wireless is traded on OTC Exchange in the United States.Things to note about NuRAN Wireless performance evaluation
Checking the ongoing alerts about NuRAN Wireless for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for NuRAN Wireless help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NuRAN Wireless generated a negative expected return over the last 90 days | |
| NuRAN Wireless has some characteristics of a very speculative penny stock | |
| NuRAN Wireless has high historical volatility and very poor performance | |
| NuRAN Wireless has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.83 M. Net Loss for the year was (12.82 M) with profit before overhead, payroll, taxes, and interest of 227.65 K. | |
| NuRAN Wireless has accumulated about 246.94 K in cash with (12.92 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
- Analyzing NuRAN Wireless' 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 NuRAN Wireless' stock is overvalued or undervalued compared to its peers.
- Examining NuRAN Wireless' 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 NuRAN Wireless' management team can have a significant impact on its success or failure. Reviewing the track record and experience of NuRAN Wireless' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NuRAN Wireless' pink sheet. These opinions can provide insight into NuRAN Wireless' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for NuRAN Pink Sheet analysis
When running NuRAN Wireless' price analysis, check to measure NuRAN Wireless' 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 NuRAN Wireless is operating at the current time. Most of NuRAN Wireless' value examination focuses on studying past and present price action to predict the probability of NuRAN Wireless' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NuRAN Wireless' price. Additionally, you may evaluate how the addition of NuRAN Wireless to your portfolios can decrease your overall portfolio volatility.
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