Netlist OTC Stock Performance

NLST -  USA Stock  

USD 8.34  0.13  1.58%

Netlist holds a performance score of 25 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 1.1503, which conveys a somewhat significant risk relative to the market. Let's try to break down what Netlist's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Netlist will likely underperform. Although it is essential to pay attention to Netlist price patterns, it is also good to be reasonable about what you can do with equity historical price patterns. Our philosophy towards estimating future potential of any stock is to look not only at its past charts but also at the business as a whole, including all available fundamental and technical indicators. To evaluate if Netlist expected return of 2.34 will be sustainable into the future, we have found twenty-eight different technical indicators, which can help you to check if the expected returns are sustainable. Use Netlist total risk alpha, downside variance, as well as the relationship between the Downside Variance and daily balance of power to analyze future returns on Netlist.

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 Netlist Performance
25 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Netlist are ranked lower than 25 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively unsteady basic indicators, Netlist unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more

Netlist Price Channel

Quick Ratio0.65
Fifty Two Week Low0.42
Target High Price4.00
Fifty Two Week High10.20
Target Low Price2.50

Netlist Relative Risk vs. Return Landscape

If you would invest  219.00  in Netlist on April 30, 2021 and sell it today you would earn a total of  606.00  from holding Netlist or generate 276.71% return on investment over 90 days. Netlist is currently generating 2.3381% in daily expected returns and assumes 6.6981% risk (volatility on return distribution) over the 90 days horizon. In different words, 57% of otc stocks are less volatile than Netlist, and 57% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days Netlist is expected to generate 9.02 times more return on investment than the market. However, the company is 9.02 times more volatile than its market benchmark. It trades about 0.35 of its potential returns per unit of risk. The DOW is currently generating roughly 0.08 per unit of risk.

Netlist Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Netlist's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Netlist, and traders can use it to determine the average amount a Netlist'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 = 0.3491

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Estimated Market Risk
 6.7
  actual daily
 
 57 %
of total potential
 
5757
Expected Return
 2.34
  actual daily
 
 43 %
of total potential
 
4343
Risk-Adjusted Return
 0.35
  actual daily
 
 25 %
of total potential
 
2525
Based on monthly moving average Netlist is performing at about 25% 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 Netlist by adding it to a well-diversified portfolio.

About Netlist Performance

To evaluate Netlist OTC 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 Netlist 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 Netlist OTC 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 Netlist stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Netlist'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.
Last ReportedProjected for 2021
Return on Average Assets(0.30) (0.45) 
Return on Average Equity 1.31  7.99 
Return on Invested Capital(0.49) (0.67) 
Return on Sales(0.14) (0.36) 
Netlist, Inc. designs, manufactures, and sells modular memory subsystems for the server, high-performance computing, and communications markets worldwide. Netlist, Inc. was incorporated in 2000 and is headquartered in Irvine, California. Netlist operates under Semiconductors classification in the United States and is traded on OTC Exchange. It employs 70 people.

Things to note about Netlist

Checking the ongoing alerts about Netlist for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Netlist help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Netlist Alerts

Equity Alerts and Improvement Suggestions

Netlist is way too risky over 90 days horizon
Netlist appears to be risky and price may revert if volatility continues
Netlist is unlikely to experience financial distress in the next 2 years
The company currently holds 21.06 M in liabilities with Debt to Equity (D/E) ratio of 3.09, implying the company greatly relies on financing operations through barrowing. Netlist has a current ratio of 0.88, indicating that it has a negative working capital and may not be able to pay financial obligations when due.
The entity reported the previous year's revenue of 47.23 M. Net Loss for the year was (7.27 M) with profit before overhead, payroll, taxes, and interest of 6.73 M.
Netlist currently holds about 13.33 M in cash with (8.13 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
Netlist has a poor financial position based on the latest SEC disclosures
Latest headline from MacroaxisInsider: Exercise or conversion by Gail Sasaki of 75000 shares of Netlist subject to Rule 16b-3
Additionally, see Stocks Correlation. Note that the Netlist information on this page should be used as a complementary analysis to other Netlist's 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 Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Netlist OTC Stock analysis

When running Netlist price analysis, check to measure Netlist'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 Netlist is operating at the current time. Most of Netlist's value examination focuses on studying past and present price action to predict the probability of Netlist's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Netlist's price. Additionally, you may evaluate how the addition of Netlist to your portfolios can decrease your overall portfolio volatility.
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The market value of Netlist is measured differently than its book value, which is the value of Netlist that is recorded on the company's balance sheet. Investors also form their own opinion of Netlist's value that differs from its market value or its book value, called intrinsic value, which is Netlist'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 Netlist's market value can be influenced by many factors that don't directly affect Netlist underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Netlist's value and its price as these two are different measures arrived at by different means. Investors typically determine Netlist value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Netlist'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.