Scientific Industries Stock Performance
| SCND Stock | USD 1.82 0.08 4.21% |
Scientific Industries has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 1.61, which indicates 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, Scientific Industries will likely underperform. Scientific Industries right now has a risk of 6.87%. Please validate Scientific Industries sortino ratio, skewness, relative strength index, as well as the relationship between the potential upside and day median price , to decide if Scientific Industries will be following its existing price patterns.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Scientific Industries are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of rather unfluctuating basic indicators, Scientific Industries may actually be approaching a critical reversion point that can send shares even higher in July 2024. ...more
| Begin Period Cash Flow | 9.7 M | |
| Total Cashflows From Investing Activities | -3.7 M |
Scientific |
Scientific Industries Relative Risk vs. Return Landscape
If you would invest 185.00 in Scientific Industries on March 4, 2024 and sell it today you would lose (3.00) from holding Scientific Industries or give up 1.62% of portfolio value over 90 days. Scientific Industries is currently generating 0.1792% in daily expected returns and assumes 6.8744% risk (volatility on return distribution) over the 90 days horizon. In different words, 60% of otc stocks are less volatile than Scientific, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Scientific Industries Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Scientific Industries' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Scientific Industries, and traders can use it to determine the average amount a Scientific Industries' 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 = 0.0261
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | SCND | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 6.87 actual daily | 60 60% of assets are less volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Scientific Industries is performing at about 2% 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 Scientific Industries by adding it to a well-diversified portfolio.
Scientific Industries Fundamentals Growth
Scientific OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Scientific Industries, and Scientific Industries 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 Scientific OTC Stock performance.
| Return On Equity | -0.23 | |||
| Return On Asset | -0.17 | |||
| Profit Margin | (0.51) % | |||
| Operating Margin | (0.66) % | |||
| Current Valuation | 31.32 M | |||
| Shares Outstanding | 7 M | |||
| Price To Earning | 33.11 X | |||
| Price To Book | 1.51 X | |||
| Price To Sales | 3.34 X | |||
| Revenue | 11.4 M | |||
| EBITDA | (6.58 M) | |||
| Cash And Equivalents | 7.74 M | |||
| Cash Per Share | 1.11 X | |||
| Total Debt | 1.59 M | |||
| Debt To Equity | 0.06 % | |||
| Book Value Per Share | 3.54 X | |||
| Cash Flow From Operations | (5.51 M) | |||
| Earnings Per Share | (0.84) X | |||
| Total Asset | 29.03 M | |||
| Retained Earnings | 3.36 M | |||
| Current Asset | 5.35 M | |||
| Current Liabilities | 1.42 M | |||
About Scientific Industries Performance
To evaluate Scientific Industries 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 Scientific Industries 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 Scientific 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 Scientific Industries market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Scientific'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.Scientific Industries, Inc. engages in the design, manufacture, and marketing of benchtop laboratory equipment and bioprocessing systems worldwide. Scientific Industries, Inc. was incorporated in 1954 and is headquartered in Bohemia, New York. Scientific Inds operates under Scientific Technical Instruments classification in the United States and is traded on OTC Exchange. It employs 72 people.Things to note about Scientific Industries performance evaluation
Checking the ongoing alerts about Scientific Industries for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Scientific Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Scientific Industries had very high historical volatility over the last 90 days | |
| Scientific Industries may become a speculative penny stock | |
| The company reported the previous year's revenue of 11.4 M. Net Loss for the year was (5.64 M) with profit before overhead, payroll, taxes, and interest of 5.74 M. | |
| Scientific Industries currently holds about 7.74 M in cash with (5.51 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.11. | |
| Roughly 46.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Scientific Industries' 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 Scientific Industries' stock is overvalued or undervalued compared to its peers.
- Examining Scientific Industries' 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 Scientific Industries' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Scientific Industries' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Scientific Industries' otc stock. These opinions can provide insight into Scientific Industries' potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scientific Industries. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Scientific OTC Stock analysis
When running Scientific Industries' price analysis, check to measure Scientific Industries' 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 Scientific Industries is operating at the current time. Most of Scientific Industries' value examination focuses on studying past and present price action to predict the probability of Scientific Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scientific Industries' price. Additionally, you may evaluate how the addition of Scientific Industries to your portfolios can decrease your overall portfolio volatility.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |