Nano Labs Etf Performance
| NA Etf | USD 0.44 0.01 2.22% |
The etf secures a Beta (Market Risk) of -1.32, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Nano Labs are expected to decrease by larger amounts. On the other hand, during market turmoil, Nano Labs is expected to outperform it.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Nano Labs has generated negative risk-adjusted returns adding no value to investors with long positions. Despite uncertain performance in the last few months, the Etf's basic indicators remain somewhat strong which may send shares a bit higher in July 2024. The current disturbance may also be a sign of long term up-swing for the ETF investors. ...more
Last Split Factor 1:2 | Last Split Date 2024-02-01 |
1 | Disposition of 756 shares by Mitts Brian of Nano Labs at 63.04 subject to Rule 16b-3 | 03/14/2024 |
2 | Disposition of 269911 shares by Brookfield Corp on of Nano Labs at 11.4431 subject to Rule 16b-3 | 03/28/2024 |
3 | Brewing Change Kit NA Brewing Announces TUNED IN To Mental Health Initiative | 04/30/2024 |
4 | At 14,000, Could This 2005 Mazda Miata Lift Your Spirits | 05/08/2024 |
5 | Acquisition by Brookfield Corp on of 85013 shares of Nano Labs at 11.3174 subject to Rule 16b-3 | 05/20/2024 |
6 | Nano Labs receives Nasdaq non-compliance notices | 05/24/2024 |
| Begin Period Cash Flow | 87.9 M |
Nano |
Nano Labs Relative Risk vs. Return Landscape
If you would invest 175.00 in Nano Labs on March 7, 2024 and sell it today you would lose (131.00) from holding Nano Labs or give up 74.86% of portfolio value over 90 days. Nano Labs is generating negative expected returns and assumes 10.8311% volatility on return distribution over the 90 days horizon. Put differently, 96% of etfs are less risky than Nano on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
| Risk |
Nano Labs Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nano Labs' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Nano Labs, and traders can use it to determine the average amount a Nano Labs' 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 = -0.1348
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NA |
Estimated Market Risk
| 10.83 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.46 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nano Labs 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 Nano Labs by adding Nano Labs to a well-diversified portfolio.
Nano Labs Fundamentals Growth
Nano Etf prices reflect investors' perceptions of the future prospects and financial health of Nano Labs, and Nano Labs 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 Nano Etf performance.
| Return On Equity | -3.43 | ||||
| Return On Asset | -0.35 | ||||
| Operating Margin | (2.44) % | ||||
| Current Valuation | 129.94 M | ||||
| Shares Outstanding | 41.59 M | ||||
| Price To Book | 1.67 X | ||||
| Price To Sales | 0.54 X | ||||
| Revenue | 78.34 M | ||||
| EBITDA | (243.27 M) | ||||
| Cash And Equivalents | 55.23 M | ||||
| Cash Per Share | 1.03 X | ||||
| Total Debt | 150.88 M | ||||
| Debt To Equity | 0.05 % | ||||
| Book Value Per Share | (0.22) X | ||||
| Cash Flow From Operations | (133.47 M) | ||||
| Earnings Per Share | (0.60) X | ||||
| Total Asset | 350.3 M | ||||
| Retained Earnings | (452.03 M) | ||||
About Nano Labs Performance
To evaluate Nano Labs Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Nano Labs 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 Nano Etf'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 Nano Labs market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Nano'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.Nano Labs Ltd operates as a fabless integrated circuit design company and product solution provider in the Peoples Republic of China and internationally. Nano Labs is traded on NASDAQ Exchange in the United States.| Nano Labs generated a negative expected return over the last 90 days | |
| Nano Labs has high historical volatility and very poor performance | |
| Nano Labs has some characteristics of a very speculative penny stock | |
| Nano Labs has high likelihood to experience some financial distress in the next 2 years | |
| The company generated the yearly revenue of 78.34 M. Annual Net Loss to common stockholders was (254.35 M) with gross profit of 230.16 M. | |
| Nano Labs reports about 55.23 M in cash with (133.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.03, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 62.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Disposition of 756 shares by Mitts Brian of Nano Labs at 63.04 subject to Rule 16b-3 | |
| The fund maintains all of the assets in different exotic instruments |
Other Information on Investing in Nano Etf
Nano Labs financial ratios help investors to determine whether Nano Etf 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 Nano with respect to the benefits of owning Nano Labs security.