MICRONIC MYDATA (Germany) Performance
| MLT Stock | EUR 35.82 0.10 0.28% |
On a scale of 0 to 100, MICRONIC MYDATA holds a performance score of 17. The company owns a Beta (Systematic Risk) of -0.2, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MICRONIC MYDATA are expected to decrease at a much lower rate. During the bear market, MICRONIC MYDATA is likely to outperform the market. Please check MICRONIC MYDATA's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to make a quick decision on whether MICRONIC MYDATA's current price history will revert.
Risk-Adjusted Performance
17 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in MICRONIC MYDATA are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile basic indicators, MICRONIC MYDATA exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.3 B | |
| Free Cash Flow | 908 M |
MICRONIC |
MICRONIC MYDATA Relative Risk vs. Return Landscape
If you would invest 2,525 in MICRONIC MYDATA on February 22, 2024 and sell it today you would earn a total of 1,057 from holding MICRONIC MYDATA or generate 41.86% return on investment over 90 days. MICRONIC MYDATA is generating 0.5988% of daily returns assuming 2.6734% volatility of returns over the 90 days investment horizon. Simply put, 23% of all stocks have less volatile historical return distribution than MICRONIC MYDATA, and 89% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
MICRONIC MYDATA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MICRONIC MYDATA's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as MICRONIC MYDATA, and traders can use it to determine the average amount a MICRONIC MYDATA'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 = 0.224
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Estimated Market Risk
| 2.67 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average MICRONIC MYDATA is performing at about 17% of its full potential. 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 MICRONIC MYDATA by adding it to a well-diversified portfolio.
MICRONIC MYDATA Fundamentals Growth
MICRONIC Stock prices reflect investors' perceptions of the future prospects and financial health of MICRONIC MYDATA, and MICRONIC MYDATA 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 MICRONIC Stock performance.
| Current Valuation | 1.76 B | |||
| Price To Book | 4.54 X | |||
| Price To Sales | 4.05 X | |||
| Revenue | 4.63 B | |||
| EBITDA | 1.26 B | |||
| Cash Flow From Operations | 998 M | |||
| Total Asset | 6.14 B | |||
About MICRONIC MYDATA Performance
To evaluate MICRONIC MYDATA 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 MICRONIC MYDATA 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 MICRONIC 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 MICRONIC MYDATA market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents MICRONIC'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.Things to note about MICRONIC MYDATA performance evaluation
Checking the ongoing alerts about MICRONIC MYDATA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for MICRONIC MYDATA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating MICRONIC MYDATA's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate MICRONIC MYDATA's stock performance include:- Analyzing MICRONIC MYDATA'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 MICRONIC MYDATA's stock is overvalued or undervalued compared to its peers.
- Examining MICRONIC MYDATA'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 MICRONIC MYDATA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of MICRONIC MYDATA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of MICRONIC MYDATA's stock. These opinions can provide insight into MICRONIC MYDATA's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MICRONIC MYDATA. 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. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for MICRONIC Stock analysis
When running MICRONIC MYDATA's price analysis, check to measure MICRONIC MYDATA'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 MICRONIC MYDATA is operating at the current time. Most of MICRONIC MYDATA's value examination focuses on studying past and present price action to predict the probability of MICRONIC MYDATA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MICRONIC MYDATA's price. Additionally, you may evaluate how the addition of MICRONIC MYDATA to your portfolios can decrease your overall portfolio volatility.
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