Tenx Keane Acquisition Stock Performance
| TENKR Stock | 0.39 0 0.31% |
TenX Keane holds a performance score of 13 on a scale of zero to a hundred. The entity has a beta of 1.58, 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, TenX Keane will likely underperform. Use TenX Keane Acquisition value at risk, as well as the relationship between the skewness and day median price , to analyze future returns on TenX Keane Acquisition.
Risk-Adjusted Performance
13 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in TenX Keane Acquisition are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Even with relatively uncertain forward-looking signals, TenX Keane reported solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Technical Pivots with Risk Controls - Stock Traders Daily.com | 03/18/2024 |
| Begin Period Cash Flow | 289.2 K | |
| Free Cash Flow | -601.3 K |
TenX |
TenX Keane Relative Risk vs. Return Landscape
If you would invest 17.00 in TenX Keane Acquisition on February 20, 2024 and sell it today you would earn a total of 21.88 from holding TenX Keane Acquisition or generate 128.71% return on investment over 90 days. TenX Keane Acquisition is currently producing 4.3131% returns and takes up 25.8229% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than TenX, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
TenX Keane Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TenX Keane's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as TenX Keane Acquisition, and traders can use it to determine the average amount a TenX Keane'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 = 0.167
| Best Portfolio | Best Equity | TENKR | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 25.82 actual daily | 96 96% of assets are less volatile |
Expected Return
| 4.31 actual daily | 85 85% of assets have lower returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average TenX Keane is performing at about 13% 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 TenX Keane by adding it to a well-diversified portfolio.
TenX Keane Fundamentals Growth
TenX Stock prices reflect investors' perceptions of the future prospects and financial health of TenX Keane, and TenX Keane 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 TenX Stock performance.
| Return On Asset | -0.009 | |||
| EBITDA | (1.01 M) | |||
| Net Income | 2.42 M | |||
| Total Debt | 1.32 M | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (601.3 K) | |||
| Total Asset | 72.62 M | |||
| Retained Earnings | (1.99 M) | |||
About TenX Keane Performance
To evaluate TenX Keane Acquisition 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 TenX Keane 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 TenX 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 TenX Keane Acquisition market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents TenX'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 | 0.00 | 0.00 | |
| Return On Tangible Assets | 0.03 | 0.04 | |
| Return On Capital Employed | (0.01) | (0.02) | |
| Return On Assets | 0.03 | 0.04 | |
| Return On Equity | 0.03 | 0.02 |
Things to note about TenX Keane Acquisition performance evaluation
Checking the ongoing alerts about TenX Keane for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for TenX Keane Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| TenX Keane is way too risky over 90 days horizon | |
| TenX Keane has some characteristics of a very speculative penny stock | |
| TenX Keane appears to be risky and price may revert if volatility continues | |
| TenX Keane has high likelihood to experience some financial distress in the next 2 years | |
| TenX Keane generates negative cash flow from operations | |
| TenX Keane has a frail financial position based on the latest SEC disclosures |
- Analyzing TenX Keane'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 TenX Keane's stock is overvalued or undervalued compared to its peers.
- Examining TenX Keane'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 TenX Keane's management team can have a significant impact on its success or failure. Reviewing the track record and experience of TenX Keane's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of TenX Keane's stock. These opinions can provide insight into TenX Keane's 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 TenX Keane Acquisition. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for TenX Stock analysis
When running TenX Keane's price analysis, check to measure TenX Keane'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 TenX Keane is operating at the current time. Most of TenX Keane's value examination focuses on studying past and present price action to predict the probability of TenX Keane's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TenX Keane's price. Additionally, you may evaluate how the addition of TenX Keane to your portfolios can decrease your overall portfolio volatility.
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |
Is TenX Keane'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 TenX Keane. If investors know TenX 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 TenX Keane listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.528 | Return On Assets (0.01) |
The market value of TenX Keane Acquisition is measured differently than its book value, which is the value of TenX that is recorded on the company's balance sheet. Investors also form their own opinion of TenX Keane's value that differs from its market value or its book value, called intrinsic value, which is TenX Keane'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 TenX Keane's market value can be influenced by many factors that don't directly affect TenX Keane'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 TenX Keane's value and its price as these two are different measures arrived at by different means. Investors typically determine if TenX Keane is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TenX Keane'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.