Surge Components Stock Performance
| SPRS Stock | USD 2.85 0.10 3.39% |
The entity has a beta of 0.3, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Surge Components' returns are expected to increase less than the market. However, during the bear market, the loss of holding Surge Components is expected to be smaller as well. Surge Components has an expected return of -0.0198%. Please make sure to validate Surge Components treynor ratio and rate of daily change , to decide if Surge Components performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Surge Components has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Surge Components is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Begin Period Cash Flow | 4.4 M | |
| Total Cashflows From Investing Activities | -194.9 K |
Surge |
Surge Components Relative Risk vs. Return Landscape
If you would invest 300.00 in Surge Components on January 16, 2024 and sell it today you would lose (15.00) from holding Surge Components or give up 5.0% of portfolio value over 90 days. Surge Components is currently does not generate positive expected returns and assumes 3.5073% risk (volatility on return distribution) over the 90 days horizon. In different words, 31% of pink sheets are less volatile than Surge, 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 |
Surge Components Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Surge Components' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Surge Components, and traders can use it to determine the average amount a Surge Components' 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 = -0.0056
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| Negative Returns | SPRS |
Estimated Market Risk
| 3.51 actual daily | 31 69% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Surge Components 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 Surge Components by adding Surge Components to a well-diversified portfolio.
Surge Components Fundamentals Growth
Surge Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Surge Components, and Surge Components 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 Surge Pink Sheet performance.
| Return On Equity | 0.24 | |||
| Return On Asset | 0.13 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.09 % | |||
| Current Valuation | 11.92 M | |||
| Shares Outstanding | 5.54 M | |||
| Price To Earning | 8.65 X | |||
| Price To Book | 1.09 X | |||
| Price To Sales | 0.34 X | |||
| Revenue | 39.83 M | |||
| EBITDA | 3.67 M | |||
| Cash And Equivalents | 7.69 M | |||
| Cash Per Share | 1.39 X | |||
| Total Debt | 1.54 M | |||
| Debt To Equity | 0.09 % | |||
| Book Value Per Share | 2.98 X | |||
| Cash Flow From Operations | 2.33 M | |||
| Earnings Per Share | 0.59 X | |||
| Total Asset | 21.75 M | |||
| Retained Earnings | (11.63 M) | |||
| Current Asset | 16.34 M | |||
| Current Liabilities | 4.68 M | |||
About Surge Components Performance
To evaluate Surge Components Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Surge Components 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 Surge Pink Sheet'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 Surge Components market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Surge'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.Surge Components, Inc., together with its subsidiaries, supplies electronic products and components. The company was incorporated in 1981 and is headquartered in Deer Park, New York. Surge Components operates under Electronics Computer Distribution classification in the United States and is traded on OTC Exchange. It employs 43 people.Things to note about Surge Components performance evaluation
Checking the ongoing alerts about Surge Components for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Surge Components help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Surge Components generated a negative expected return over the last 90 days | |
| Surge Components has high historical volatility and very poor performance | |
| About 47.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Surge Components' 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 Surge Components' stock is overvalued or undervalued compared to its peers.
- Examining Surge Components' 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 Surge Components' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Surge Components' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Surge Components' pink sheet. These opinions can provide insight into Surge Components' potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Surge Components. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Surge Pink Sheet analysis
When running Surge Components' price analysis, check to measure Surge Components' 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 Surge Components is operating at the current time. Most of Surge Components' value examination focuses on studying past and present price action to predict the probability of Surge Components' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Surge Components' price. Additionally, you may evaluate how the addition of Surge Components to your portfolios can decrease your overall portfolio volatility.
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