Ayro Inc Stock Performance

AYRO Stock  USD 1.66  0.03  1.84%   
The firm shows a Beta (market volatility) of -0.9, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning AYRO are expected to decrease slowly. On the other hand, during market turmoil, AYRO is expected to outperform it slightly. AYRO Inc has an expected return of -0.0426%. Please make sure to confirm AYRO Inc total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if AYRO Inc performance from the past will be repeated at future time.

Risk-Adjusted Performance

0 of 100

 
Low
 
High
Very Weak
Over the last 90 days AYRO Inc has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, AYRO is not utilizing all of its potentials. The current stock price disarray, may contribute to short-term losses for the investors. ...more
1
Ayro pops after landing first government order for new utility low-speed electric vehicle
01/03/2024
2
AYRO to Showcase Vehicles at 2024 PGA Show
01/10/2024
3
AYRO, Inc. Streamlines Operations for Strategic Alignment - TipRanks.com - TipRanks
02/02/2024
4
Ayro Shares Up 2.3 percent - Defense World
03/08/2024
Begin Period Cash Flow39.4 M
  

AYRO Relative Risk vs. Return Landscape

If you would invest  176.00  in AYRO Inc on December 29, 2023 and sell it today you would lose (10.00) from holding AYRO Inc or give up 5.68% of portfolio value over 90 days. AYRO Inc is currently does not generate positive expected returns and assumes 3.3252% risk (volatility on return distribution) over the 90 days horizon. In different words, 29% of stocks are less volatile than AYRO, 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  
Given the investment horizon of 90 days AYRO is expected to under-perform the market. In addition to that, the company is 5.8 times more volatile than its market benchmark. It trades about -0.01 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.23 per unit of volatility.

AYRO Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for AYRO's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as AYRO Inc, and traders can use it to determine the average amount a AYRO'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 = -0.0128

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsAYRO

Estimated Market Risk

 3.33
  actual daily
29
71% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average AYRO 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 AYRO by adding AYRO to a well-diversified portfolio.

AYRO Fundamentals Growth

AYRO Stock prices reflect investors' perceptions of the future prospects and financial health of AYRO, and AYRO 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 AYRO Stock performance.

About AYRO Performance

To evaluate AYRO Inc 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 AYRO 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 AYRO 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 AYRO Inc market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents AYRO'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.
Ayro, Inc. designs and manufactures electric vehicles for closed campus mobility, urban and community transport, local on-demand and last mile delivery, and government use. Ayro, Inc. was founded in 2017 and is headquartered in Round Rock, Texas. Ayro operates under Auto Manufacturers classification in the United States and is traded on NASDAQ Exchange. It employs 32 people.

Things to note about AYRO Inc performance evaluation

Checking the ongoing alerts about AYRO for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for AYRO Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
AYRO Inc generated a negative expected return over the last 90 days
AYRO Inc may become a speculative penny stock
AYRO Inc has high historical volatility and very poor performance
The company reported the previous year's revenue of 949.93 K. Net Loss for the year was (30.77 M) with loss before overhead, payroll, taxes, and interest of (2.09 M).
AYRO Inc currently holds about 58.86 M in cash with (27.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.59.
Roughly 14.0% of the company shares are held by company insiders
Latest headline from news.google.com: Ayro Shares Up 2.3 percent - Defense World
Evaluating AYRO's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate AYRO's stock performance include:
  • Analyzing AYRO'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 AYRO's stock is overvalued or undervalued compared to its peers.
  • Examining AYRO'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 AYRO's management team can have a significant impact on its success or failure. Reviewing the track record and experience of AYRO's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of AYRO's stock. These opinions can provide insight into AYRO's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating AYRO's stock performance is not an exact science, and many factors can impact AYRO's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
When determining whether AYRO Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AYRO's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ayro Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ayro Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AYRO Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for AYRO Stock analysis

When running AYRO's price analysis, check to measure AYRO'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 AYRO is operating at the current time. Most of AYRO's value examination focuses on studying past and present price action to predict the probability of AYRO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AYRO's price. Additionally, you may evaluate how the addition of AYRO to your portfolios can decrease your overall portfolio volatility.
Fundamental Analysis
View fundamental data based on most recent published financial statements
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Is AYRO's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AYRO. If investors know AYRO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AYRO listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of AYRO Inc is measured differently than its book value, which is the value of AYRO that is recorded on the company's balance sheet. Investors also form their own opinion of AYRO's value that differs from its market value or its book value, called intrinsic value, which is AYRO's 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 AYRO's market value can be influenced by many factors that don't directly affect AYRO's 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 AYRO's value and its price as these two are different measures arrived at by different means. Investors typically determine if AYRO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AYRO's 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.