Trucknet Enterprise (Israel) Performance
| TRAN Stock | ILA 99.60 3.60 3.49% |
Trucknet Enterprise has a performance score of 3 on a scale of 0 to 100. The entity has a beta of -0.9, which indicates possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Trucknet Enterprise are expected to decrease slowly. On the other hand, during market turmoil, Trucknet Enterprise is expected to outperform it slightly. Trucknet Enterprise right now has a risk of 3.57%. Please validate Trucknet Enterprise value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to decide if Trucknet Enterprise will be following its existing price patterns.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Trucknet Enterprise are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Trucknet Enterprise may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
Trucknet |
Trucknet Enterprise Relative Risk vs. Return Landscape
If you would invest 9,620 in Trucknet Enterprise on September 4, 2024 and sell it today you would earn a total of 340.00 from holding Trucknet Enterprise or generate 3.53% return on investment over 90 days. Trucknet Enterprise is generating 0.137% of daily returns and assumes 3.5684% volatility on return distribution over the 90 days horizon. Simply put, 31% of stocks are less volatile than Trucknet, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Trucknet Enterprise Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trucknet Enterprise's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Trucknet Enterprise, and traders can use it to determine the average amount a Trucknet Enterprise'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 = 0.0384
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Estimated Market Risk
| 3.57 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Trucknet Enterprise is performing at about 3% 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 Trucknet Enterprise by adding it to a well-diversified portfolio.
Trucknet Enterprise Fundamentals Growth
Trucknet Stock prices reflect investors' perceptions of the future prospects and financial health of Trucknet Enterprise, and Trucknet Enterprise 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 Trucknet Stock performance.
| Shares Outstanding | 19.1 M | |||
About Trucknet Enterprise Performance
By analyzing Trucknet Enterprise's fundamental ratios, stakeholders can gain valuable insights into Trucknet Enterprise's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Trucknet Enterprise has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Trucknet Enterprise has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Trucknet Enterprise Ltd develops cloud-based transport optimization platform for fleet management companies. The company was founded in 2016 and is based in Eilat, Israel. TRUCKNET ENTERPRIS is traded on Tel Aviv Stock Exchange in Israel.Things to note about Trucknet Enterprise performance evaluation
Checking the ongoing alerts about Trucknet Enterprise for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Trucknet Enterprise help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Trucknet Enterprise had very high historical volatility over the last 90 days | |
| About 60.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Trucknet Enterprise'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 Trucknet Enterprise's stock is overvalued or undervalued compared to its peers.
- Examining Trucknet Enterprise'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 Trucknet Enterprise's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Trucknet Enterprise's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Trucknet Enterprise's stock. These opinions can provide insight into Trucknet Enterprise's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Trucknet Stock analysis
When running Trucknet Enterprise's price analysis, check to measure Trucknet Enterprise'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 Trucknet Enterprise is operating at the current time. Most of Trucknet Enterprise's value examination focuses on studying past and present price action to predict the probability of Trucknet Enterprise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trucknet Enterprise's price. Additionally, you may evaluate how the addition of Trucknet Enterprise to your portfolios can decrease your overall portfolio volatility.
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