Nano Labs Etf Profile

NA
 Etf
  

USD 1.24  0.01  0.80%   

Market Performance
0 of 100
Odds Of Distress
Less than 31
Nano Labs is trading at 1.24 as of the 26th of November 2022, a -0.8 percent down since the beginning of the trading day. The etf's open price was 1.25. Nano Labs has about a 31 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Nano Labs are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of December 2020 and ending today, the 26th of November 2022. Click here to learn more.
Fiscal Year End
December
IPO Date
12th of July 2022
Category
Technology
Nano Labs Ltd operates as a fabless integrated circuit design company and product solution provider in the Peoples Republic of China and internationally. Nano Labs is traded on NASDAQ Exchange in the United States. The company has 55.75 M outstanding shares of which 26.97 K shares are now sold short in the market by investors with about 0.13 days to cover all shorted shares. More on Nano Labs

Moving against Nano Labs

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Nano Labs Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nano Labs' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nano Labs or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Nano Labs generated a negative expected return over the last 90 days
Nano Labs has high historical volatility and very poor performance
Nano Labs may become a speculative penny stock
The company generated the yearly revenue of 396.76 M. Annual Net Loss to common stockholders was (30.21 M) with gross profit of 22.66 M.
Nano Labs reports about 55.23 M in cash with (393.14 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.03.
Thematic IdeaSemiconductor (view all)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Nano Labs' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Float Shares12.5M
Most Recent Quarter30th of June 2022
Two Hundred Day Average4.191
Next Fiscal Year End31st of December 2023
Revenue Growth1,565.50%
Average Daily Volume In Three Month192.67k
Fifty Two Week Low0.98
Enterprise Value To Revenue0.04
Shares Percent Shares Out0.05%
Shares Short Prior Month71.91k
Quick Ratio0.11
Average Daily Volume Last 10 Day95.97k
Date Short Interest14th of October 2022
Enterprise Value To Ebitda(2.51)
Fifty Two Week High13.95
Last Fiscal Year End31st of December 2021
Fifty Day Average1.9739
Gross Margins47.33%
Nano Labs [NA] is traded in USA and was set up on null. The fund is not categorized under any group at the moment. The fund now have in assets. Nano Labs reports about 55.23 M in cash with (393.14 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.03.
Check Nano Labs Probability Of Bankruptcy

Nano Labs Target Price Odds Analysis

What are Nano Labs' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Nano Labs jumping above the current price in 90 days from now is about 78.39%. The Nano Labs probability density function shows the probability of Nano Labs etf to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the etf has a beta coefficient of 1.5535. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Nano Labs will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Nano Labs is significantly underperforming DOW.
  Odds Below 1.24HorizonTargetOdds Above 1.24
21.57%90 days
 1.24 
78.39%
Based on a normal probability distribution, the odds of Nano Labs to move above the current price in 90 days from now is about 78.39 (This Nano Labs probability density function shows the probability of Nano Labs Etf to fall within a particular range of prices over 90 days) .

Nano Labs Major Institutional Holders

Institutional Holdings refers to the ownership stake in Nano Labs that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nano Labs' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nano Labs' value.
InstituionSecurity TypeTotal SharesValue
Virtu Financial LlcCommon Shares16.3 K26 K
View Nano Labs Diagnostics

Nano Labs Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nano Labs market risk premium is the additional return an investor will receive from holding Nano Labs long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nano Labs. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Nano Labs' alpha and beta are two of the key measurements used to evaluate Nano Labs' performance over the market, the standard measures of volatility play an important role as well.

Nano Labs Technical Analysis

Nano Labs Against Markets

Picking the right benchmark for Nano Labs etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nano Labs etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nano Labs is critical whether you are bullish or bearish towards Nano Labs at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Nano Labs without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in Nano Labs?

The danger of trading Nano Labs is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nano Labs is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nano Labs. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nano Labs is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, see Correlation Analysis. Note that the Nano Labs information on this page should be used as a complementary analysis to other Nano Labs' 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running Nano Labs price analysis, check to measure Nano Labs' 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 Nano Labs is operating at the current time. Most of Nano Labs' value examination focuses on studying past and present price action to predict the probability of Nano Labs' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Nano Labs' price. Additionally, you may evaluate how the addition of Nano Labs to your portfolios can decrease your overall portfolio volatility.
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The market value of Nano Labs is measured differently than its book value, which is the value of Nano Labs that is recorded on the company's balance sheet. Investors also form their own opinion of Nano Labs' value that differs from its market value or its book value, called intrinsic value, which is Nano Labs' 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 Nano Labs' market value can be influenced by many factors that don't directly affect Nano Labs' 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 Nano Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine Nano Labs value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nano Labs' 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.