Nano Labs Etf Profile

NA Etf  USD 0.57  0.09  13.64%   

Performance

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Odds Of Distress

Over 58

 
High
 
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Above Average
Nano Labs is trading at 0.57 as of the 17th of April 2024, a -13.64% down since the beginning of the trading day. The etf's open price was 0.66. Nano Labs has over 58 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for Nano Labs are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of April 2022 and ending today, the 17th of April 2024. Click here to learn more.
Business Domain
Semiconductors & Semiconductor Equipment
IPO Date
12th of July 2022
Category
Technology
Classification
Information Technology
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. The company has 41.59 M outstanding shares of which 42.7 K shares are now sold short in the market by investors with about 0.73 days to cover all shorted shares. More on Nano Labs

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Nano Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nano Labs' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nano Labs or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Senior PresidentHuawei Kong
Thematic IdeaElectronic Equipment (View all Themes)
Business ConcentrationSemiconductors & Semiconductor Equipment, Information Technology, NASDAQ Composite, Thomson Reuters Canada, SP TSX Composite, Electronic Equipment, Information Technology, Semiconductors & Semiconductor Equipment, Semiconductors, Technology (View all Sectors)
Tax Provision(17,394)
Total Current Liabilities242.57 Million
Total Stockholder Equity(14.73 Million)
Currency CodeUSD
Fiscal Year EndDecember
Stock Based Compensation718,411
Property Plant And Equipment Net177.08 Million
Begin Period Cash Flow87.86 Million
Net Debt102.72 Million
Accounts Payable16.88 Million
Cash48.16 Million
Other Operating Expenses339.12 Million
Non Current Assets Total224.81 Million
Long Term Debt120.26 Million
Cash And Short Term Investments48.16 Million
50 Day M A1.6377
CodeNA
Common Stock Shares Outstanding65.83 Million
Nano Labs [NA] is traded in USA and was set up on null. Nano Labs is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification. The fund is currently listed under Information Technology category as part of Semiconductors & Semiconductor Equipment family of funds. The entity is thematically classified as Electronic Equipment. Nano Labs now have 350.3 M in assets. 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.
Check Nano Labs Probability Of Bankruptcy

Nano Labs Target Price Odds Analysis

What are Nano Labs' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Nano Labs jumping above the current price in 90 days from now is about 98.0%. The Nano Labs probability density function shows the probability of Nano Labs etf to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the etf has a beta coefficient of 1.4169. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Nano Labs will likely underperform. Additionally, nano Labs has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 0.57HorizonTargetOdds Above 0.57
2.10%90 days
 0.57 
97.89%
Based on a normal probability distribution, the odds of Nano Labs to move above the current price in 90 days from now is about 98.0 (This Nano Labs probability density function shows the probability of Nano Etf to fall within a particular range of prices over 90 days) .

Nano Labs Major Institutional Holders

Institutional Holdings refers to the ownership stake in Nano Labs that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nano Labs' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nano Labs' value.
InstituionRecorded OnShares
Barclays Plc2023-09-30
2.6 K
Rhumbline Advisers2023-09-30
2.3 K
Ubs Group Ag2023-09-30
156
Qube Research & Technologies
0.0
Tower Research Capital Llc2023-09-30
0.0
Two Sigma Securities, Llc2023-09-30
0.0
View Nano Labs Diagnostics

Nano Labs Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nano Labs market risk premium is the additional return an investor will receive from holding Nano Labs long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nano Labs. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Nano Labs' alpha and beta are two of the key measurements used to evaluate Nano Labs' performance over the market, the standard measures of volatility play an important role as well.

Nano Labs Against Markets

Picking the right benchmark for Nano Labs etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nano Labs etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nano Labs is critical whether you are bullish or bearish towards Nano Labs at a given time. Please also check how Nano Labs' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Nano Labs without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Nano Etf?

Before investing in Nano Labs, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Nano Labs. To buy Nano Labs etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nano Labs. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Nano Labs etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Nano Labs etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Nano Labs etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Nano Labs, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Nano Labs?

The danger of trading Nano Labs is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nano Labs is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nano Labs. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nano Labs is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nano Labs. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Nano Etf refer to our How to Trade Nano Etf guide.
Note that the Nano Labs information on this page should be used as a complementary analysis to other Nano Labs' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
The market value of Nano Labs is measured differently than its book value, which is the value of Nano that is recorded on the company's balance sheet. Investors also form their own opinion of Nano Labs' value that differs from its market value or its book value, called intrinsic value, which is Nano Labs' 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 Nano Labs' market value can be influenced by many factors that don't directly affect Nano Labs' 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 Nano Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nano Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nano Labs' 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.