TechniScan Performance
The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and TechniScan are completely uncorrelated.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days TechniScan has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fairly strong basic indicators, TechniScan is not utilizing all of its potentials. The newest stock price confusion, may contribute to short-horizon losses for the traders. ...more
| Total Cashflows From Investing Activities | -157.4 K |
TechniScan |
TechniScan Relative Risk vs. Return Landscape
If you would invest (100.00) in TechniScan on January 24, 2024 and sell it today you would earn a total of 100.00 from holding TechniScan or generate -100.0% return on investment over 90 days. TechniScan is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than TechniScan, 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 |
TechniScan Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TechniScan's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as TechniScan, and traders can use it to determine the average amount a TechniScan'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 = 0.0
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| TSNI |
Based on monthly moving average TechniScan 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 TechniScan by adding TechniScan to a well-diversified portfolio.
TechniScan Fundamentals Growth
TechniScan Stock prices reflect investors' perceptions of the future prospects and financial health of TechniScan, and TechniScan 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 TechniScan Stock performance.
| Return On Asset | -2.34 | |||
| Operating Margin | (12.56) % | |||
| Current Valuation | 459.53 K | |||
| Shares Outstanding | 21.99 M | |||
| Price To Earning | (0.01) X | |||
| Price To Sales | 0.66 X | |||
| Revenue | 376.61 K | |||
| EBITDA | (4.54 M) | |||
| Cash And Equivalents | 1.03 K | |||
| Total Debt | 2.79 M | |||
| Book Value Per Share | (0.21) X | |||
| Cash Flow From Operations | (3.08 M) | |||
| Earnings Per Share | (0.26) X | |||
| Total Asset | 1.37 M | |||
| Retained Earnings | (30.53 M) | |||
| Current Asset | 755 K | |||
| Current Liabilities | 5.67 M | |||
About TechniScan Performance
To evaluate TechniScan 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 TechniScan 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 TechniScan 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 TechniScan market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents TechniScan'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.TechniScan, Inc., a development stage company, engages in the research, development, and commercialization of non-invasive medical imaging products for the detection and diagnosis of breast cancer. It intends to develop the Warm Bath Ultrasound system, an ultrasound-based imaging device that provides radiologists with information about the bulk properties of tissue in the breast, as well as images of the tissue structure. Techniscan operates under Medical Appliances Equipment classification in the United States and is traded on OTC Exchange. It employs 5 people.Things to note about TechniScan performance evaluation
Checking the ongoing alerts about TechniScan for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for TechniScan help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| TechniScan is not yet fully synchronised with the market data | |
| TechniScan has some characteristics of a very speculative penny stock | |
| TechniScan has a very high chance of going through financial distress in the upcoming years | |
| The company currently holds 2.79 M in liabilities. TechniScan has a current ratio of 0.13, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist TechniScan until it has trouble settling it off, either with new capital or with free cash flow. So, TechniScan's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TechniScan sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TechniScan to invest in growth at high rates of return. When we think about TechniScan's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 376.61 K. Net Loss for the year was (5.35 M) with profit before overhead, payroll, taxes, and interest of 237.57 K. | |
| TechniScan currently holds about 1.03 K in cash with (3.08 M) of positive cash flow from operations. | |
| Latest headline from finance.yahoo.com: Bullish BCB Bancorp Insiders Loaded Up On US1.08m Of Stock |
- Analyzing TechniScan'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 TechniScan's stock is overvalued or undervalued compared to its peers.
- Examining TechniScan'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 TechniScan's management team can have a significant impact on its success or failure. Reviewing the track record and experience of TechniScan's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of TechniScan's stock. These opinions can provide insight into TechniScan'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. 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. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Other Consideration for investing in TechniScan Stock
If you are still planning to invest in TechniScan check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the TechniScan's history and understand the potential risks before investing.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |