Techprecision Common Stock Performance
| TPCS Stock | USD 5.20 0.02 0.39% |
On a scale of 0 to 100, TechPrecision Common holds a performance score of 7. The entity has a beta of 1.64, 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, TechPrecision Common will likely underperform. Please check TechPrecision Common's potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether TechPrecision Common's existing price patterns will revert.
Risk-Adjusted Performance
7 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in TechPrecision Common are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak fundamental indicators, TechPrecision Common unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (1.07) | Five Day Return 1.8 | Year To Date Return (3.96) | Ten Year Return 63.14 | All Time Return (9.11) |
Last Split Factor 1:4 | Last Split Date 2023-02-24 |
1 | TechPrecision Corporation Schedules Conference Call to Report Fiscal 2024 Third Quarter Financial Results | 02/28/2024 |
2 | TechPrecision Announces Receipt of Nasdaq Listing Determination Expects Deficiency to Be Cured with Filing of Q3 Form 10-Q Today | 03/01/2024 |
3 | Earnings call TechPrecision sees backlog growth, faces profitability challenges | 03/05/2024 |
4 | Acquisition by Alexander Shen of 10000 shares of TechPrecision Common subject to Rule 16b-3 | 03/12/2024 |
5 | Disposition of 1800 shares by Andrew Levy of TechPrecision Common at 8.05 subject to Rule 16b-3 | 03/25/2024 |
6 | Why Industrial Company TechPrecision Shares Are Surging Today | 04/08/2024 |
7 | Disposition of 15000 shares by Andrew Levy of TechPrecision Common subject to Rule 16b-3 | 04/19/2024 |
| Begin Period Cash Flow | 1.1 M | |
| Total Cashflows From Investing Activities | -2.3 M |
TechPrecision |
TechPrecision Common Relative Risk vs. Return Landscape
If you would invest 381.00 in TechPrecision Common on January 26, 2024 and sell it today you would earn a total of 139.00 from holding TechPrecision Common or generate 36.48% return on investment over 90 days. TechPrecision Common is currently generating 0.7846% in daily expected returns and assumes 8.3049% risk (volatility on return distribution) over the 90 days horizon. In different words, 73% of stocks are less volatile than TechPrecision, and 85% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
TechPrecision Common Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TechPrecision Common's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as TechPrecision Common, and traders can use it to determine the average amount a TechPrecision Common'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 = 0.0945
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 8.3 actual daily | 73 73% of assets are less volatile |
Expected Return
| 0.78 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average TechPrecision Common is performing at about 7% 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 TechPrecision Common by adding it to a well-diversified portfolio.
TechPrecision Common Fundamentals Growth
TechPrecision Stock prices reflect investors' perceptions of the future prospects and financial health of TechPrecision Common, and TechPrecision Common 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 TechPrecision Stock performance.
| Return On Equity | -0.21 | |||
| Return On Asset | -0.0479 | |||
| Profit Margin | (0.1) % | |||
| Operating Margin | (0.13) % | |||
| Current Valuation | 57.81 M | |||
| Shares Outstanding | 8.78 M | |||
| Price To Earning | 580.00 X | |||
| Price To Book | 3.73 X | |||
| Price To Sales | 1.57 X | |||
| Revenue | 31.43 M | |||
| Gross Profit | 3.38 M | |||
| EBITDA | 1.15 M | |||
| Net Income | (979.01 K) | |||
| Cash And Equivalents | 573.64 K | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 11.82 M | |||
| Debt To Equity | 0.83 % | |||
| Current Ratio | 1.21 X | |||
| Book Value Per Share | 1.47 X | |||
| Cash Flow From Operations | 3.14 M | |||
| Earnings Per Share | (0.34) X | |||
| Market Capitalization | 45.47 M | |||
| Total Asset | 36.21 M | |||
| Retained Earnings | (356.44 K) | |||
| Working Capital | 5.56 M | |||
| Current Asset | 6.41 M | |||
| Current Liabilities | 5.9 M | |||
About TechPrecision Common Performance
To evaluate TechPrecision Common 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 TechPrecision Common 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 TechPrecision 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 TechPrecision Common market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents TechPrecision'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 | 29.88 | 31.37 | |
| Return On Tangible Assets | (0.03) | (0.03) | |
| Return On Capital Employed | (0.04) | (0.04) | |
| Return On Assets | (0.03) | (0.03) | |
| Return On Equity | (0.08) | (0.08) |
Things to note about TechPrecision Common performance evaluation
Checking the ongoing alerts about TechPrecision Common for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for TechPrecision Common help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| TechPrecision Common is way too risky over 90 days horizon | |
| TechPrecision Common appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 31.43 M. Net Loss for the year was (979.01 K) with profit before overhead, payroll, taxes, and interest of 3.38 M. | |
| TechPrecision Common has a strong financial position based on the latest SEC filings | |
| Latest headline from MacroaxisInsider: Disposition of 15000 shares by Andrew Levy of TechPrecision Common subject to Rule 16b-3 |
- Analyzing TechPrecision Common'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 TechPrecision Common's stock is overvalued or undervalued compared to its peers.
- Examining TechPrecision Common'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 TechPrecision Common's management team can have a significant impact on its success or failure. Reviewing the track record and experience of TechPrecision Common's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of TechPrecision Common's stock. These opinions can provide insight into TechPrecision Common'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 TechPrecision Common. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy TechPrecision Stock please use our How to Invest in TechPrecision Common guide.Note that the TechPrecision Common information on this page should be used as a complementary analysis to other TechPrecision Common'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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for TechPrecision Stock analysis
When running TechPrecision Common's price analysis, check to measure TechPrecision Common'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 TechPrecision Common is operating at the current time. Most of TechPrecision Common's value examination focuses on studying past and present price action to predict the probability of TechPrecision Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TechPrecision Common's price. Additionally, you may evaluate how the addition of TechPrecision Common to your portfolios can decrease your overall portfolio volatility.
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Is TechPrecision Common'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 TechPrecision Common. If investors know TechPrecision 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 TechPrecision Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.34) | Revenue Per Share 3.515 | Quarterly Revenue Growth (0.08) | Return On Assets (0.05) | Return On Equity (0.21) |
The market value of TechPrecision Common is measured differently than its book value, which is the value of TechPrecision that is recorded on the company's balance sheet. Investors also form their own opinion of TechPrecision Common's value that differs from its market value or its book value, called intrinsic value, which is TechPrecision Common'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 TechPrecision Common's market value can be influenced by many factors that don't directly affect TechPrecision Common'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 TechPrecision Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if TechPrecision Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TechPrecision Common'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.