Conx Corp Stock Performance
The firm shows a Beta (market volatility) of 7.06, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, CONX Corp will likely underperform. CONX Corp now shows a risk of 0.0%. Please confirm CONX Corp coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness , to decide if CONX Corp will be following its price patterns.
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 fairly stable basic indicators, CONX Corp is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
Begin Period Cash Flow | 1.4 M |
CONX |
CONX Corp Relative Risk vs. Return Landscape
If you would invest (100.00) in CONX Corp on February 23, 2024 and sell it today you would earn a total of 100.00 from holding CONX Corp or generate -100.0% return on investment over 90 days. CONX Corp is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded stocks are less volatile than CONX, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. 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 = 0.0
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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 | |||
EBITDA | (1.18 M) | |||
Net Income | (5.99 M) | |||
Cash And Equivalents | 220 K | |||
Total Debt | 2.11 M | |||
Cash Flow From Operations | (1.79 M) | |||
Market Capitalization | 926.45 M | |||
Total Asset | 21.98 M | |||
Retained Earnings | (40.03 M) | |||
Working Capital | (3.97 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 is not yet fully synchronised with the market data | |
CONX Corp has some characteristics of a very speculative penny stock | |
CONX Corp has high likelihood to experience some financial distress in the next 2 years | |
Net Loss for the year was (5.99 M) with profit before overhead, payroll, taxes, and interest of 0. | |
CONX Corp has accumulated about 220 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 |
- 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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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.
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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 | 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.