Telenav Performance

TNAV -- USA Stock  

USD 5.24  0.11  2.14%

The entity has beta of -0.4966 which indicates as returns on market increase, returns on owning Telenav are expected to decrease at a much smaller rate. During bear market, Telenav is likely to outperform the market. Even though it is essential to pay attention to Telenav current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Telenav exposes twenty-eight different technical indicators which can help you to evaluate its performance. Telenav has expected return of -0.4269%. Please be advised to validate Telenav Maximum Drawdown as well as the relationship between Expected Short fall and Rate Of Daily Change to decide if Telenav past performance will be repeated at some point in the near future.
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Risk-Adjusted Performance

Over the last 30 days Telenav has generated negative risk-adjusted returns adding no value to investors with long positions. Inspite unsteady performance in the last few months, the Stock's primary indicators remain fairly stable which may send shares a bit higher in October 2019. The continuing fuss may also be a sign of long-term up-swing for the venture directors.
Quick Ratio1.75
Fifty Two Week Low3.35
Target High Price7.50
Fifty Two Week High11.67
Target Low Price5.00
Horizon     30 Days    Login   to change

Telenav Relative Risk vs. Return Landscape

If you would invest  794.00  in Telenav on August 21, 2019 and sell it today you would lose (281.00)  from holding Telenav or give up 35.39% of portfolio value over 30 days. Telenav is currently does not generate positive expected returns and assumes 6.2589% risk (volatility on return distribution) over the 30 days horizon. In different words, 55% of equities are less volatile than Telenav and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 30 days, Telenav is expected to under-perform the market. In addition to that, the company is 6.88 times more volatile than its market benchmark. It trades about -0.07 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.02 per unit of volatility.

Telenav Market Risk Analysis

Sharpe Ratio = -0.0682
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Telenav Relative Performance Indicators

Estimated Market Risk
 6.26
  actual daily
 
 55 %
of total potential
 
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Expected Return
 -0.43
  actual daily
 
 0 %
of total potential
 
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Risk-Adjusted Return
 -0.07
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 0 %
of total potential
 
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Based on monthly moving average Telenav is performing at about 0% 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 Telenav by adding it to a well-diversified portfolio.

Telenav Alerts

Equity Alerts and Improvement Suggestions

Telenav generates negative expected return over the last 30 days
Telenav has high historical volatility and very poor performance
The company reported previous year revenue of 220.9M. Net Loss for the year was (32.49M) with profit before overhead, payroll, taxes, and interest of 96.22M.
About 22.0% of the company outstanding shares are owned by corporate insiders
Latest headline from newssoloution.com: Hot Stocks Alert Telenav, Inc., - Money Making News
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