Conx Corp Stock Performance
| CONX Stock | USD 8.79 0.41 4.46% |
The firm shows a Beta (market volatility) of -0.0945, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CONX Corp are expected to decrease at a much lower rate. During the bear market, CONX Corp is likely to outperform the market. CONX Corp has an expected return of -0.28%. Please make sure to confirm CONX Corp jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to decide if CONX Corp performance from the past will be repeated in the future.
Risk-Adjusted Performance
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Over the last 90 days CONX Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's basic indicators remain fairly strong which may send shares a bit higher in June 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
Actual Historical Performance (%)
One Day Return (4.46) | Five Day Return (16.76) | Year To Date Return (17.85) | Ten Year Return (13.82) | All Time Return (13.82) |
Last Split Factor 1:5 | Last Split Date 2002-01-15 |
1 | CONX announces tender offer to complete business combination | 04/01/2024 |
2 | Disposition of 1500000 shares by Moore Capital Management, Lp of CONX Corp at 10.5981 subject to Rule 16b-3 | 04/29/2024 |
3 | CONX Corp. Announces Closing of Initial Business Combination | 05/01/2024 |
| Begin Period Cash Flow | 1.4 M |
CONX |
CONX Corp Relative Risk vs. Return Landscape
If you would invest 1,061 in CONX Corp on February 4, 2024 and sell it today you would lose (182.00) from holding CONX Corp or give up 17.15% of portfolio value over 90 days. CONX Corp is currently does not generate positive expected returns and assumes 1.8151% risk (volatility on return distribution) over the 90 days horizon. In different words, 16% of stocks are less volatile than CONX, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
CONX Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CONX Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as CONX Corp, and traders can use it to determine the average amount a CONX Corp'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 = -0.1547
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| Negative Returns | CONX |
Estimated Market Risk
| 1.82 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CONX Corp 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 CONX Corp by adding CONX Corp to a well-diversified portfolio.
CONX Corp Fundamentals Growth
CONX Stock prices reflect investors' perceptions of the future prospects and financial health of CONX Corp, and CONX Corp 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 CONX Stock performance.
| Return On Asset | -0.0137 | ||||
| Current Valuation | 194.11 M | ||||
| Shares Outstanding | 2.12 M | ||||
| Price To Earning | 26.24 X | ||||
| Price To Book | 5.41 X | ||||
| EBITDA | (1.18 M) | ||||
| Net Income | (5.99 M) | ||||
| Cash And Equivalents | 446.79 K | ||||
| Total Debt | 2.11 M | ||||
| Current Ratio | 1.17 X | ||||
| Book Value Per Share | (1.92) X | ||||
| Cash Flow From Operations | (1.79 M) | ||||
| Earnings Per Share | (0.25) X | ||||
| Market Capitalization | 192.01 M | ||||
| Total Asset | 21.98 M | ||||
| Retained Earnings | (40.03 M) | ||||
| Working Capital | (3.97 M) | ||||
| Current Asset | 6.63 M | ||||
| Current Liabilities | 1.71 M | ||||
About CONX Corp Performance
To evaluate CONX Corp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when CONX Corp generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare CONX Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand CONX Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents CONX's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.00 | 0.00 | |
| Return On Tangible Assets | (0.27) | (0.26) | |
| Return On Capital Employed | (0.07) | (0.06) | |
| Return On Assets | (0.27) | (0.26) | |
| Return On Equity | 0.33 | 0.17 |
Things to note about CONX Corp performance evaluation
Checking the ongoing alerts about CONX Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for CONX Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| CONX Corp generated a negative expected return over the last 90 days | |
| Net Loss for the year was (5.99 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| CONX Corp currently holds about 446.79 K in cash with (1.79 M) of positive cash flow from operations. | |
| CONX Corp has a poor financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: CONX Corp. Announces Closing of Initial Business Combination |
- Analyzing CONX Corp'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 CONX Corp's stock is overvalued or undervalued compared to its peers.
- Examining CONX Corp'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 CONX Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of CONX Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of CONX Corp's stock. These opinions can provide insight into CONX Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CONX Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy CONX Stock please use our How to Invest in CONX Corp guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for CONX Stock analysis
When running CONX Corp's price analysis, check to measure CONX Corp'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 CONX Corp is operating at the current time. Most of CONX Corp's value examination focuses on studying past and present price action to predict the probability of CONX Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CONX Corp's price. Additionally, you may evaluate how the addition of CONX Corp to your portfolios can decrease your overall portfolio volatility.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
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| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
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Is CONX Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CONX Corp. If investors know CONX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CONX Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.374 | Earnings Share (0.25) | Return On Assets (0.01) |
The market value of CONX Corp is measured differently than its book value, which is the value of CONX that is recorded on the company's balance sheet. Investors also form their own opinion of CONX Corp's value that differs from its market value or its book value, called intrinsic value, which is CONX Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CONX Corp's market value can be influenced by many factors that don't directly affect CONX Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CONX Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if CONX Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CONX Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.