Turtle Beach Corp Stock Performance
HEAR Stock | USD 17.24 0.05 0.29% |
On a scale of 0 to 100, Turtle Beach holds a performance score of 15. The entity has a beta of 0.58, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Turtle Beach's returns are expected to increase less than the market. However, during the bear market, the loss of holding Turtle Beach is expected to be smaller as well. Please check Turtle Beach's semi variance, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Turtle Beach's existing price patterns will revert.
Risk-Adjusted Performance
15 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Turtle Beach Corp are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Even with relatively unfluctuating basic indicators, Turtle Beach reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
Five Day Return (0.98) | Year To Date Return 66.41 | Ten Year Return (69.35) | All Time Return 331 |
Last Split Factor 1:4 | Dividend Date 2018-04-09 | Last Split Date 2018-04-09 |
1 | Technical Pivots with Risk Controls - Stock Traders Daily | 01/08/2024 |
2 | Become the Top Gun With All the Right Stuff Turtle Beachs Premium VelocityOne Flightdeck HOTAS Is Now Available | 02/13/2024 |
3 | Acquisition by Keirn Cris of 868 shares of Turtle Beach subject to Rule 16b-3 | 02/29/2024 |
4 | Turtle Beach earnings missed by 0.11, revenue fell short of estimates | 03/13/2024 |
5 | Turtle Beach Full Year 2023 Earnings EPS Beats Expectations, Revenues Lag | 03/15/2024 |
6 | Turtle Beach Upgraded to Buy What Does It Mean for the Stock | 03/18/2024 |
7 | Wall Street Analysts See a 29.07 percent Upside in Turtle Beach Can the Stock Really Move This High | 03/20/2024 |
8 | PDPs RIFFMASTER Pre-orders Start Now | 03/21/2024 |
9 | 3 Communication Stocks Set to Profit From Cloud, Fiber Focus | 03/22/2024 |
10 | Jabil Teams Up With MaxLinear to Boost Data Connectivity | 03/26/2024 |
11 | Audiocodes Augments Microsoft Teams Adoption in India | 03/27/2024 |
Begin Period Cash Flow | 11.4 M |
Turtle |
Turtle Beach Relative Risk vs. Return Landscape
If you would invest 1,036 in Turtle Beach Corp on December 30, 2023 and sell it today you would earn a total of 688.00 from holding Turtle Beach Corp or generate 66.41% return on investment over 90 days. Turtle Beach Corp is currently generating 0.9467% in daily expected returns and assumes 4.8924% risk (volatility on return distribution) over the 90 days horizon. In different words, 43% of stocks are less volatile than Turtle, and 82% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
Risk |
Turtle Beach Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Turtle Beach's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Turtle Beach Corp, and traders can use it to determine the average amount a Turtle Beach'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 = 0.1935
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Estimated Market Risk
4.89 actual daily | 43 57% of assets are more volatile |
Expected Return
0.95 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Turtle Beach is performing at about 15% 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 Turtle Beach by adding it to a well-diversified portfolio.
Turtle Beach Fundamentals Growth
Turtle Stock prices reflect investors' perceptions of the future prospects and financial health of Turtle Beach, and Turtle Beach 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 Turtle Stock performance.
Return On Equity | -0.2 | ||||
Return On Asset | -0.063 | ||||
Current Valuation | 363.27 M | ||||
Shares Outstanding | 21.05 M | ||||
Price To Earning | 116.00 X | ||||
Price To Book | 4.26 X | ||||
Price To Sales | 1.41 X | ||||
Revenue | 258.12 M | ||||
Gross Profit | 49.19 M | ||||
EBITDA | (9.89 M) | ||||
Net Income | (17.68 M) | ||||
Cash Per Share | 0.63 X | ||||
Debt To Equity | 0.48 % | ||||
Current Ratio | 1.76 X | ||||
Cash Flow From Operations | 26.96 M | ||||
Earnings Per Share | (1.03) X | ||||
Total Asset | 149.97 M | ||||
Retained Earnings | (134.28 M) | ||||
Current Asset | 94.9 M | ||||
About Turtle Beach Performance
To evaluate Turtle Beach Corp 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 Turtle Beach 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 Turtle 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 Turtle Beach Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Turtle'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 2024 | ||
Return On Capital Employed | (0.16) | (0.17) | |
Return On Assets | (0.12) | (0.12) | |
Return On Equity | (0.21) | (0.22) |
Things to note about Turtle Beach Corp performance evaluation
Checking the ongoing alerts about Turtle Beach for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Turtle Beach Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Turtle Beach Corp appears to be risky and price may revert if volatility continues | |
The company reported the previous year's revenue of 258.12 M. Net Loss for the year was (17.68 M) with profit before overhead, payroll, taxes, and interest of 49.19 M. | |
About 71.0% of the company shares are owned by institutional investors | |
Latest headline from finance.yahoo.com: Audiocodes Augments Microsoft Teams Adoption in India |
- Analyzing Turtle Beach'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 Turtle Beach's stock is overvalued or undervalued compared to its peers.
- Examining Turtle Beach'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 Turtle Beach's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Turtle Beach's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Turtle Beach's stock. These opinions can provide insight into Turtle Beach's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Turtle Beach Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Turtle Beach Corp information on this page should be used as a complementary analysis to other Turtle Beach'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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Turtle Stock analysis
When running Turtle Beach's price analysis, check to measure Turtle Beach'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 Turtle Beach is operating at the current time. Most of Turtle Beach's value examination focuses on studying past and present price action to predict the probability of Turtle Beach's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turtle Beach's price. Additionally, you may evaluate how the addition of Turtle Beach to your portfolios can decrease your overall portfolio volatility.
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Is Turtle Beach'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 Turtle Beach. If investors know Turtle 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 Turtle Beach 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 (0.73) | Earnings Share (1.03) | Revenue Per Share 15.064 | Quarterly Revenue Growth (0.01) | Return On Assets (0.06) |
The market value of Turtle Beach Corp is measured differently than its book value, which is the value of Turtle that is recorded on the company's balance sheet. Investors also form their own opinion of Turtle Beach's value that differs from its market value or its book value, called intrinsic value, which is Turtle Beach'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 Turtle Beach's market value can be influenced by many factors that don't directly affect Turtle Beach'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 Turtle Beach's value and its price as these two are different measures arrived at by different means. Investors typically determine if Turtle Beach is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turtle Beach'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.