Space (Israel) Performance
| SCC Stock | ILA 60.00 5.00 9.09% |
The entity has a beta of -0.0515, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Space are expected to decrease at a much lower rate. During the bear market, Space is likely to outperform the market. Space Com has an expected return of -0.25%. Please make sure to validate Space skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Space Com 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 Space Com has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's fundamental indicators remain somewhat strong which may send shares a bit higher in May 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
| Begin Period Cash Flow | 75.6 M | |
| Total Cashflows From Investing Activities | 30.2 M |
Space |
Space Relative Risk vs. Return Landscape
If you would invest 7,200 in Space Com on January 20, 2024 and sell it today you would lose (1,200) from holding Space Com or give up 16.67% of portfolio value over 90 days. Space Com is producing return of less than zero assuming 4.5373% volatility of returns over the 90 days investment horizon. Simply put, 40% of all stocks have less volatile historical return distribution than Space, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Space Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Space's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Space Com, and traders can use it to determine the average amount a Space'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 = -0.055
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SCC |
Estimated Market Risk
| 4.54 actual daily | 40 60% of assets are more volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Space 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 Space by adding Space to a well-diversified portfolio.
Space Fundamentals Growth
Space Stock prices reflect investors' perceptions of the future prospects and financial health of Space, and Space 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 Space Stock performance.
| Return On Equity | -0.5 | |||
| Return On Asset | 0.0205 | |||
| Profit Margin | (0.36) % | |||
| Operating Margin | 0.18 % | |||
| Current Valuation | 1.18 B | |||
| Shares Outstanding | 31.74 M | |||
| Price To Book | 0.28 X | |||
| Price To Sales | 0.64 X | |||
| Revenue | 93.69 M | |||
| EBITDA | 12.83 M | |||
| Cash And Equivalents | 105.86 M | |||
| Cash Per Share | 4.36 X | |||
| Total Debt | 342.58 M | |||
| Debt To Equity | 4.52 % | |||
| Book Value Per Share | 2.52 X | |||
| Cash Flow From Operations | 54.17 M | |||
| Earnings Per Share | (0.56) X | |||
| Total Asset | 556.09 M | |||
| Retained Earnings | 20 M | |||
| Current Asset | 143 M | |||
| Current Liabilities | 56 M | |||
About Space Performance
To evaluate Space Com 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 Space 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 Space 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 Space Com market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Space'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.Space-Communication Ltd. provides satellite communication services worldwide. Space-Communication Ltd. is a subsidiary of Eurocom Holdings Ltd. SPACE COMMUNICATIO operates under Telecom Services classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 56 people.Things to note about Space Com performance evaluation
Checking the ongoing alerts about Space for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Space Com help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Space Com generated a negative expected return over the last 90 days | |
| Space Com has high historical volatility and very poor performance | |
| The company reported the revenue of 93.69 M. Net Loss for the year was (15.41 M) with profit before overhead, payroll, taxes, and interest of 23.98 M. | |
| About 48.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Space'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 Space's stock is overvalued or undervalued compared to its peers.
- Examining Space'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 Space's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Space's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Space's stock. These opinions can provide insight into Space's 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 Space Com. 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. Note that the Space Com information on this page should be used as a complementary analysis to other Space's 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Space Stock analysis
When running Space's price analysis, check to measure Space'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 Space is operating at the current time. Most of Space's value examination focuses on studying past and present price action to predict the probability of Space's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Space's price. Additionally, you may evaluate how the addition of Space to your portfolios can decrease your overall portfolio volatility.
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