Nano Dimension Stock Performance
| NNDM Stock | USD 2.43 0.03 1.22% |
Nano Dimension has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 2.33, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nano Dimension will likely underperform. Nano Dimension right now secures a risk of 2.58%. Please verify Nano Dimension expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if Nano Dimension will be following its current price movements.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Nano Dimension are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of very conflicting fundamental indicators, Nano Dimension may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
Actual Historical Performance (%)
One Day Return (1.22) | Five Day Return (9.33) | Year To Date Return 3.85 | Ten Year Return (97.04) | All Time Return (97.04) |
Last Split Factor 1:10 | Dividend Date 2019-10-22 | Last Split Date 2019-10-22 |
1 | MMCAP International Inc. SPC Cuts Position in Nano Dimension Ltd. - MarketBeat | 02/26/2024 |
2 | Nano Dimension Announces Important Business Updates | 02/28/2024 |
3 | Nano Dimension Announces Conference Call to Discuss Q4 and Full Year 2023 Record Results | 03/07/2024 |
4 | Nano Dimension Releases Quarterly Earnings Results - MarketBeat | 03/14/2024 |
5 | Nano Dimension Announces Record 2023 Revenue of 56.3 Million and Organic Growth of 29 | 03/21/2024 |
6 | Nano Dimension Full Year 2023 Earnings US0.22 loss per share | 03/22/2024 |
7 | Patriot Financial Group Insurance Agency LLC Reduces Stock Holdings in Nano Dimension Ltd. - Defense World | 04/02/2024 |
8 | Nano Dimension Announces Q12024 Preliminary Results - Reshaping Nano Initiative Improves Cashflow Dramatically | 04/04/2024 |
9 | Nano Dimension adds retired Air Force leader to board | 04/16/2024 |
| Begin Period Cash Flow | 685.4 M |
Nano |
Nano Dimension Relative Risk vs. Return Landscape
If you would invest 229.00 in Nano Dimension on January 20, 2024 and sell it today you would earn a total of 14.00 from holding Nano Dimension or generate 6.11% return on investment over 90 days. Nano Dimension is currently generating 0.1287% in daily expected returns and assumes 2.5833% risk (volatility on return distribution) over the 90 days horizon. In different words, 22% of stocks are less volatile than Nano, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Nano Dimension Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nano Dimension's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nano Dimension, and traders can use it to determine the average amount a Nano Dimension'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 = 0.0498
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| Cash | Small Risk | NNDM | High Risk | Huge Risk |
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Estimated Market Risk
| 2.58 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Nano Dimension is performing at about 3% 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 Nano Dimension by adding it to a well-diversified portfolio.
Nano Dimension Fundamentals Growth
Nano Stock prices reflect investors' perceptions of the future prospects and financial health of Nano Dimension, and Nano Dimension 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 Stock performance.
| Return On Equity | -0.0514 | ||||
| Return On Asset | -0.0697 | ||||
| Profit Margin | (0.97) % | ||||
| Operating Margin | (2.44) % | ||||
| Current Valuation | (292.11 M) | ||||
| Shares Outstanding | 221.37 M | ||||
| Price To Earning | (2.99) X | ||||
| Price To Book | 0.57 X | ||||
| Price To Sales | 10.26 X | ||||
| Revenue | 56.31 M | ||||
| Gross Profit | 18.69 M | ||||
| EBITDA | (73.61 M) | ||||
| Net Income | (55.66 M) | ||||
| Cash And Equivalents | 1.24 B | ||||
| Cash Per Share | 4.67 X | ||||
| Total Debt | 13.81 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 36.70 X | ||||
| Book Value Per Share | 4.25 X | ||||
| Cash Flow From Operations | (105.07 M) | ||||
| Earnings Per Share | (0.22) X | ||||
| Market Capitalization | 537.92 M | ||||
| Total Asset | 1.06 B | ||||
| Retained Earnings | (591.21 M) | ||||
| Working Capital | 859.52 M | ||||
| Current Asset | 9.08 M | ||||
| Current Liabilities | 910 K | ||||
About Nano Dimension Performance
To evaluate Nano Dimension 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 Nano Dimension 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 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 Nano Dimension 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.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 217.54 | 414.68 | |
| Return On Tangible Assets | (0.05) | (0.05) | |
| Return On Capital Employed | (0.12) | (0.13) | |
| Return On Assets | (0.05) | (0.05) | |
| Return On Equity | (0.05) | (0.06) |
Things to note about Nano Dimension performance evaluation
Checking the ongoing alerts about Nano Dimension for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nano Dimension help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company reported the previous year's revenue of 56.31 M. Net Loss for the year was (55.66 M) with profit before overhead, payroll, taxes, and interest of 18.69 M. | |
| Nano Dimension currently holds about 1.24 B in cash with (105.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.67, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Nano Dimension has a frail financial position based on the latest SEC disclosures | |
| Latest headline from investing.com: Nano Dimension adds retired Air Force leader to board |
- Analyzing Nano Dimension'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 Nano Dimension's stock is overvalued or undervalued compared to its peers.
- Examining Nano Dimension'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 Nano Dimension's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nano Dimension's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nano Dimension's stock. These opinions can provide insight into Nano Dimension's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nano Dimension. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in Nano Stock, please use our How to Invest in Nano Dimension guide.Note that the Nano Dimension information on this page should be used as a complementary analysis to other Nano Dimension'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 the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Nano Stock analysis
When running Nano Dimension's price analysis, check to measure Nano Dimension'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 Nano Dimension is operating at the current time. Most of Nano Dimension's value examination focuses on studying past and present price action to predict the probability of Nano Dimension's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nano Dimension's price. Additionally, you may evaluate how the addition of Nano Dimension to your portfolios can decrease your overall portfolio volatility.
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Is Nano Dimension'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 Nano Dimension. If investors know Nano 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 Nano Dimension listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.22) | Revenue Per Share 0.227 | Quarterly Revenue Growth 0.099 | Return On Assets (0.07) | Return On Equity (0.05) |
The market value of Nano Dimension 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 Dimension's value that differs from its market value or its book value, called intrinsic value, which is Nano Dimension'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 Nano Dimension's market value can be influenced by many factors that don't directly affect Nano Dimension'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 Nano Dimension's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nano Dimension is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nano Dimension'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.