Nano Labs Etf Performance
| NA Etf | USD 0.39 0.02 4.19% |
The etf secures a Beta (Market Risk) of 1.09, which conveys a somewhat significant risk relative to the market. Nano Labs returns are very sensitive to returns on the market. As the market goes up or down, Nano Labs is expected to follow.
Risk-Adjusted Performance
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Over the last 90 days Nano Labs has generated negative risk-adjusted returns adding no value to investors with long positions. Despite uncertain performance in the last few months, the Etf's basic 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 ETF investors. ...more
Last Split Factor 1:2 | Last Split Date 2024-02-01 |
1 | Acquisition by Brookfield Corp on of 87695 shares of Nano Labs at 11.7742 subject to Rule 16b-3 | 02/20/2024 |
2 | Disposition of 756 shares by Mitts Brian of Nano Labs at 63.04 subject to Rule 16b-3 | 03/05/2024 |
3 | At 4,500, Is This 1992 Mazda Miata A Dirt Cheap Deal | 03/22/2024 |
4 | Disposition of 269911 shares by Brookfield Corp on of Nano Labs at 11.4431 subject to Rule 16b-3 | 03/28/2024 |
5 | Dr. Maureen Dunne Featured as NA 2024 Keynote Speaker at the United Nations for World Autism Awareness Day | 04/03/2024 |
6 | Nano Labs Files Annual Report on Form 20-F for Fiscal Year 2023 | 04/08/2024 |
7 | Nano Labs announces 5 million securities offering | 04/11/2024 |
8 | NOBU HOSPITALITY ZAZNACZA SWOJ OBECNO NA BAKANACH | 04/12/2024 |
| Begin Period Cash Flow | 87.9 M |
Nano |
Nano Labs Relative Risk vs. Return Landscape
If you would invest 258.00 in Nano Labs on January 26, 2024 and sell it today you would lose (219.45) from holding Nano Labs or give up 85.06% of portfolio value over 90 days. Nano Labs is generating negative expected returns and assumes 15.7992% volatility on return distribution over the 90 days horizon. Put differently, most traded equities are less volatile than Nano, and majority of equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
| Risk |
Nano Labs Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nano Labs' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Nano Labs, and traders can use it to determine the average amount a Nano Labs' 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 = -0.1054
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| Negative Returns | NA |
Estimated Market Risk
| 15.8 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.67 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nano Labs 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 Nano Labs by adding Nano Labs to a well-diversified portfolio.
Nano Labs Fundamentals Growth
Nano Etf prices reflect investors' perceptions of the future prospects and financial health of Nano Labs, and Nano Labs 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 Nano Etf performance.
| Return On Equity | -3.43 | ||||
| Return On Asset | -0.35 | ||||
| Operating Margin | (2.44) % | ||||
| Current Valuation | 123.45 M | ||||
| Shares Outstanding | 41.59 M | ||||
| Price To Book | 1.67 X | ||||
| Price To Sales | 0.63 X | ||||
| Revenue | 78.34 M | ||||
| EBITDA | (243.27 M) | ||||
| Cash And Equivalents | 55.23 M | ||||
| Cash Per Share | 1.03 X | ||||
| Total Debt | 150.88 M | ||||
| Debt To Equity | 0.05 % | ||||
| Book Value Per Share | (0.22) X | ||||
| Cash Flow From Operations | (133.47 M) | ||||
| Earnings Per Share | (0.59) X | ||||
| Total Asset | 350.3 M | ||||
| Retained Earnings | (452.03 M) | ||||
About Nano Labs Performance
To evaluate Nano Labs Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Nano Labs 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 Nano Etf'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 Nano Labs market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Nano'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.Nano Labs Ltd operates as a fabless integrated circuit design company and product solution provider in the Peoples Republic of China and internationally. Nano Labs is traded on NASDAQ Exchange in the United States.| Nano Labs generated a negative expected return over the last 90 days | |
| Nano Labs has high historical volatility and very poor performance | |
| Nano Labs has some characteristics of a very speculative penny stock | |
| Nano Labs has high likelihood to experience some financial distress in the next 2 years | |
| The company generated the yearly revenue of 78.34 M. Annual Net Loss to common stockholders was (254.35 M) with gross profit of 230.16 M. | |
| Nano Labs reports about 55.23 M in cash with (133.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.03, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 31.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Disposition of 756 shares by Mitts Brian of Nano Labs at 63.04 subject to Rule 16b-3 | |
| The fund maintains all of the assets in different exotic instruments |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nano Labs. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For information on how to trade Nano Etf refer to our How to Trade Nano Etf guide.Note that the Nano Labs information on this page should be used as a complementary analysis to other Nano Labs' 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of Nano Labs is measured differently than its book value, which is the value of Nano that is recorded on the company's balance sheet. Investors also form their own opinion of Nano Labs' value that differs from its market value or its book value, called intrinsic value, which is Nano Labs' 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 Nano Labs' market value can be influenced by many factors that don't directly affect Nano Labs' 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 Nano Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nano Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nano Labs' 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.