Bytes Technology (South Africa) Today
| BYI Stock | 10,440 41.00 0.39% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Bytes Technology is trading at 10440.00 as of the 30th of November 2024, a 0.39 percent increase since the beginning of the trading day. The stock's lowest day price was 10366.0. Bytes Technology has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Bytes Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of October 2024 and ending today, the 30th of November 2024. Click here to learn more.
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Bytes Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Bytes Technology's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Bytes Technology or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO Director | Neil Murphy |
| Thematic Ideas | (View all Themes) |
| Business Concentration | Computers, IT, Software-Infrastructure, Technology, Computing (View all Sectors) |
Bytes Technology (BYI) is traded on Johannesburg Exchange in South Africa and employs 871 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 28.38 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bytes Technology's market, we take the total number of its shares issued and multiply it by Bytes Technology's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Bytes Technology operates under Technology sector and is part of Software-Infrastructure industry. The entity has 239.48 M outstanding shares.
Bytes Technology generates positive cash flow from operations, but has no cash available
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Ownership AllocationBytes Technology holds a total of 239.48 Million outstanding shares. Over half of Bytes Technology's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Bytes Technology. Please watch out for any change in the institutional holdings of Bytes Technology as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Bytes Technology Risk Profiles
Although Bytes Technology's alpha and beta are two of the key measurements used to evaluate Bytes Technology's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.64 | |||
| Standard Deviation | 2.37 | |||
| Variance | 5.61 | |||
| Risk Adjusted Performance | (0.02) |
Bytes Stock Against Markets
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Bytes Technology Corporate Executives
Elected by the shareholders, the Bytes Technology's board of directors comprises two types of representatives: Bytes Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bytes. The board's role is to monitor Bytes Technology's management team and ensure that shareholders' interests are well served. Bytes Technology's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Bytes Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Andrew Holden | COO CFO | Profile |
Other Information on Investing in Bytes Stock
Bytes Technology financial ratios help investors to determine whether Bytes 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 Bytes with respect to the benefits of owning Bytes Technology security.