Cyngn appears to be dangerous, given 3 months investment horizon.
Cyngn Inc secures Sharpe Ratio (or Efficiency) of 0.0649, which signifies that the company had 0.0649% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific
technical indicators that cannot be
diversified away. By analyzing
Cyngn Inc technical indicators you can presently evaluate if the expected return of 0.95% is justified by implied risk. Please makes use of Cyngn's Downside Deviation of 9.2,
mean deviation of 6.81, and Risk Adjusted Performance of 0.0111 to double-check if our risk estimates are consistent with your expectations.
Typically, a company's
financial statements are the reports that show the
financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Cyngn income statement, its balance sheet, and the statement of cash flows. Potential Cyngn investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Cyngn investors may use each financial statement separately, they are all related. The changes in Cyngn's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cyngn's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our
technical analysis and
fundamental analysis pages.
The goal of Cyngn
fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Cyngn performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Cyngn shares is the value that is considered the true value of the share. If
the intrinsic value of Cyngn is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Cyngn. Please read more on our
fundamental analysis page.
Watch out for price decline
Please consider monitoring Cyngn on a daily basis if you are holding a position in it. Cyngn is trading at a penny-stock level, and the possibility of delisting is much higher compared to other stocks. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion.
Most exchanges require public instruments, such as Cyngn stock to be traded above the $1 level to remain listed. If Cyngn stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.
How effective is Cyngn in utilizing its assets?
Cyngn Inc reports assets on its Balance Sheet. It represents the amount of Cyngn resources that either has an existing economic value or will provide some form of benefits in the future. By effectively utilizing its assets, Cyngn aims to generate revenue, control costs, drive operational efficiency, and enhance profitability. Optimizing asset utilization helps maximize shareholder value and maintain a competitive position in the Application Software space. To get a better handle on how balance sheet or income statements item affect Cyngn volatility, please check the breakdown of all its
fundamentals.
Are Cyngn Earnings Expected to grow?
The
future earnings power of Cyngn involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Cyngn factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Cyngn
stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Cyngn
expected earnings.
Cyngn Gross Profit
Cyngn Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Cyngn previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Cyngn Gross Profit growth over the last 10 years. Please check Cyngn's
gross profit and other
fundamental indicators for more details.
Details
Many companies such as Cyngn have both institutions investors and insiders sharing the ownership. Retail investors typically buy and sell stocks in round lots of 100 shares or more. Other other hand institutional investors are known to buy and sell in block trades of 10,000 shares or more. Let's take a look at how the ownership of Cyngn is distributed among investors.
Ownership Allocation
Cyngn holds a total of twenty-six million four hundred thirty thousand
outstanding shares. Over half of Cyngn Inc outstanding shares are owned by
other corporate entities. These other corporate entities are typically referred to corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these
institutions are subject to different rules and regulation than regular investors in Cyngn. Please watch out for any change in the
institutional holdings of Cyngn Inc as this could mean something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
| Retail Investors29.2% | Insiders6.7% | Institutions64.1% |
| Retail Investors | 29.2 |
| Insiders | 6.7 |
| Institutions | 64.1 |
Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Cyngn has an asset utilization ratio of 3.93 percent. This suggests that the company is making $0.0393 for each dollar of assets. An increasing asset utilization means that Cyngn Inc is more efficient with each dollar of assets it utilizes for everyday operations.
| Current Assets | 20.11 Million | 99.07 |
| Assets Non Current | 158,668 | 0.78 |
| Goodwill | 30,749.29 | 0.15 |
Another 3 percent rise for Cyngn
Skewness is down to 4.52. It may entail a possible volatility slide.
As of the 23rd of April, Cyngn shows the Mean Deviation of 6.81,
risk adjusted performance of 0.0111, and Downside Deviation of 9.2. Cyngn Inc
technical analysis gives you the methodology to make use of
historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of
historical prices and volume momentum, or the prices will eventually revert. We have analyzed and interpolated nineteen
technical drivers for Cyngn Inc, which can be compared to its rivals. Please confirm
Cyngn Inc coefficient of variation,
treynor ratio, as well as the
relationship between the Treynor Ratio and
semi variance to decide if Cyngn Inc is priced correctly, providing market reflects its regular price of 2.69 per share. Please also double-check Cyngn Inc
total risk alpha, which is currently at 0.413 to validate the company can sustain itself at a future point.
Our Bottom Line On Cyngn Inc
Whereas some companies within the software—application industry are still a little expensive, even after the recent corrections, Cyngn may offer a potential longer-term growth to institutional investors. The inconsistency in the assessment between current Cyngn valuation and our trade advice on Cyngn is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Cyngn.
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Raphi Shpitalnik is a Junior Member of Macroaxis Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time basis at the beginning of the pandemic and eventually acquired a real taste for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Cyngn Inc. Please refer to our
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