Nuheara Limited Stock Performance
| NUHRF Stock | USD 0.06 0.00 0.00% |
Nuheara holds a performance score of 9 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -2.52, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Nuheara are expected to decrease by larger amounts. On the other hand, during market turmoil, Nuheara is expected to outperform it. Use Nuheara Limited standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and day median price , to analyze future returns on Nuheara Limited.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Nuheara Limited are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite nearly conflicting basic indicators, Nuheara reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 7.3 M | |
| Total Cashflows From Investing Activities | -4.5 M | |
| Free Cash Flow | -13.8 M |
Nuheara |
Nuheara Relative Risk vs. Return Landscape
If you would invest 3.27 in Nuheara Limited on January 26, 2024 and sell it today you would earn a total of 3.18 from holding Nuheara Limited or generate 97.25% return on investment over 90 days. Nuheara Limited is currently producing 1.5685% returns and takes up 12.3505% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Nuheara, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Nuheara Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuheara's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Nuheara Limited, and traders can use it to determine the average amount a Nuheara'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 = 0.127
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Estimated Market Risk
| 12.35 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.57 actual daily | 31 69% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Nuheara is performing at about 9% 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 Nuheara by adding it to a well-diversified portfolio.
Nuheara Fundamentals Growth
Nuheara Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Nuheara, and Nuheara 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 Nuheara Pink Sheet performance.
| Return On Equity | -1.8 | |||
| Return On Asset | -0.66 | |||
| Operating Margin | (4.20) % | |||
| Current Valuation | 21.58 M | |||
| Shares Outstanding | 154 M | |||
| Price To Book | 10.46 X | |||
| Price To Sales | 5.26 X | |||
| Revenue | 3.87 M | |||
| EBITDA | (16.03 M) | |||
| Cash And Equivalents | 441.52 K | |||
| Total Debt | 1.85 M | |||
| Debt To Equity | 1.10 % | |||
| Book Value Per Share | 0.03 X | |||
| Cash Flow From Operations | (9.3 M) | |||
| Earnings Per Share | (0.1) X | |||
| Total Asset | 10.88 M | |||
About Nuheara Performance
To evaluate Nuheara Limited Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Nuheara 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 Nuheara Pink Sheet'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 Nuheara Limited market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Nuheara'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.Nuheara Limited, a wearables technology company, engages in the development and commercialization of hearing technology and products as regulated medical devices worldwide. Nuheara Limited has a strategic partnership and cornerstone investment from Realtek Semiconductor Corporation to develop chipset and technology solutions to penetrate hearing related markets. Nuheara operates under Consumer Electronics classification in the United States and is traded on OTC Exchange.Things to note about Nuheara Limited performance evaluation
Checking the ongoing alerts about Nuheara for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Nuheara Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nuheara Limited is way too risky over 90 days horizon | |
| Nuheara Limited has some characteristics of a very speculative penny stock | |
| Nuheara Limited appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 3.87 M. Net Loss for the year was (14.34 M) with profit before overhead, payroll, taxes, and interest of 712.29 K. | |
| Nuheara Limited has accumulated about 441.52 K in cash with (9.3 M) of positive cash flow from operations. | |
| Roughly 32.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Nuheara'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 Nuheara's stock is overvalued or undervalued compared to its peers.
- Examining Nuheara'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 Nuheara's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nuheara's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nuheara's pink sheet. These opinions can provide insight into Nuheara'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 Nuheara Limited. 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Nuheara Pink Sheet analysis
When running Nuheara's price analysis, check to measure Nuheara'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 Nuheara is operating at the current time. Most of Nuheara's value examination focuses on studying past and present price action to predict the probability of Nuheara's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuheara's price. Additionally, you may evaluate how the addition of Nuheara to your portfolios can decrease your overall portfolio volatility.
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