Wavedancer Performance
The firm maintains a market beta of 5.02, which attests to 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, Wavedancer will likely underperform. At this point, Wavedancer has a negative expected return of -33.33%. Please make sure to check out Wavedancer's downside deviation and the relationship between the information ratio and expected short fall , to decide if Wavedancer performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Wavedancer has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Stock's basic indicators remain rather sound which may send shares a bit higher in December 2024. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
| Begin Period Cash Flow | 731.1 K | |
| Free Cash Flow | -2.8 M |
Wavedancer |
Wavedancer Relative Risk vs. Return Landscape
If you would invest 951.00 in Wavedancer on August 12, 2024 and sell it today you would lose (951.00) from holding Wavedancer or give up 100.0% of portfolio value over 90 days. Wavedancer is currently does not generate positive expected returns and assumes 57.735% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Wavedancer, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Wavedancer Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wavedancer's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Wavedancer, and traders can use it to determine the average amount a Wavedancer'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 = -0.5774
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WAVD |
Estimated Market Risk
| 57.74 actual daily | 96 96% of assets are less volatile |
Expected Return
| -33.33 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.58 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wavedancer is not performing at its full potential. However, 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 Wavedancer by adding Wavedancer to a well-diversified portfolio.
Wavedancer Fundamentals Growth
Wavedancer Stock prices reflect investors' perceptions of the future prospects and financial health of Wavedancer, and Wavedancer 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 Wavedancer Stock performance.
| Return On Equity | -0.67 | |||
| Return On Asset | -0.21 | |||
| Profit Margin | (0.18) % | |||
| Operating Margin | (0.22) % | |||
| Current Valuation | 4.4 M | |||
| Shares Outstanding | 2.01 M | |||
| Price To Earning | 11.25 X | |||
| Price To Book | 2.57 X | |||
| Price To Sales | 0.82 X | |||
| Revenue | 7.98 M | |||
| EBITDA | (2.17 M) | |||
| Cash And Equivalents | 578.98 K | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 799.93 K | |||
| Debt To Equity | 0.04 % | |||
| Book Value Per Share | 0.85 X | |||
| Cash Flow From Operations | (2.81 M) | |||
| Earnings Per Share | (2.92) X | |||
| Total Asset | 4.75 M | |||
| Retained Earnings | (33.23 M) | |||
About Wavedancer Performance
By analyzing Wavedancer's fundamental ratios, stakeholders can gain valuable insights into Wavedancer's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Wavedancer has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Wavedancer has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
WaveDancer, Inc. engages in development and maintenance of information technology systems, modernizing client information systems, and offers other IT-related professional services to government and commercial organizations in the United States. WaveDancer, Inc. was incorporated in 1979 and is headquartered in Fairfax, Virginia. Wavedancer operates under Information Technology Services classification in the United States and is traded on NASDAQ Exchange. It employs 51 people.Things to note about Wavedancer performance evaluation
Checking the ongoing alerts about Wavedancer for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Wavedancer help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Wavedancer is now traded under the symbol AIFF. Please update your portfolios or report it if you believe this is an error. Report It! | |
| Wavedancer is not yet fully synchronised with the market data | |
| Wavedancer generated a negative expected return over the last 90 days | |
| Wavedancer has high historical volatility and very poor performance | |
| Wavedancer has some characteristics of a very speculative penny stock | |
| Wavedancer has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 7.98 M. Net Loss for the year was (1.7 M) with profit before overhead, payroll, taxes, and interest of 2.58 M. | |
| Wavedancer currently holds about 578.98 K in cash with (2.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 15.0% of the company outstanding shares are owned by insiders |
- Analyzing Wavedancer'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 Wavedancer's stock is overvalued or undervalued compared to its peers.
- Examining Wavedancer'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 Wavedancer's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Wavedancer's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Wavedancer's stock. These opinions can provide insight into Wavedancer's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Other Consideration for investing in Wavedancer Stock
If you are still planning to invest in Wavedancer check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Wavedancer's history and understand the potential risks before investing.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |