Cannagrow Holdings Stock Performance
| CGRW Stock | USD 0.02 0.01 33.33% |
On a scale of 0 to 100, Cannagrow Holdings holds a performance score of 3. The firm shows a Beta (market volatility) of -2.45, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Cannagrow Holdings are expected to decrease by larger amounts. On the other hand, during market turmoil, Cannagrow Holdings is expected to outperform it. Please check Cannagrow Holdings' variance, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to make a quick decision on whether Cannagrow Holdings' price patterns will revert.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Cannagrow Holdings are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly inconsistent basic indicators, Cannagrow Holdings showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Cannagrow |
Cannagrow Holdings Relative Risk vs. Return Landscape
If you would invest 2.00 in Cannagrow Holdings on January 26, 2024 and sell it today you would earn a total of 0.00 from holding Cannagrow Holdings or generate 0.0% return on investment over 90 days. Cannagrow Holdings is currently generating 0.5376% in daily expected returns and assumes 10.8675% risk (volatility on return distribution) over the 90 days horizon. In different words, 96% of pink sheets are less volatile than Cannagrow, and 90% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Cannagrow Holdings Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cannagrow Holdings' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Cannagrow Holdings, and traders can use it to determine the average amount a Cannagrow Holdings' 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 = 0.0495
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Estimated Market Risk
| 10.87 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.54 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Cannagrow Holdings is performing at about 3% 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 Cannagrow Holdings by adding it to a well-diversified portfolio.
Cannagrow Holdings Fundamentals Growth
Cannagrow Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Cannagrow Holdings, and Cannagrow Holdings 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 Cannagrow Pink Sheet performance.
| Return On Asset | -0.74 | |||
| Profit Margin | (1.19) % | |||
| Operating Margin | (0.85) % | |||
| Current Valuation | 2.69 M | |||
| Shares Outstanding | 101.27 M | |||
| Price To Earning | (0.47) X | |||
| Price To Sales | 1.44 X | |||
| Revenue | 1.24 M | |||
| EBITDA | (1.38 M) | |||
| Cash And Equivalents | 26.39 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 722.06 K | |||
| Book Value Per Share | (1.18) X | |||
| Cash Flow From Operations | (408.27 K) | |||
| Earnings Per Share | (1.87) X | |||
| Total Asset | 1.77 M | |||
| Retained Earnings | (10.67 M) | |||
| Current Asset | 21 K | |||
| Current Liabilities | 3.22 M | |||
About Cannagrow Holdings Performance
To evaluate Cannagrow Holdings Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Cannagrow Holdings 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 Cannagrow Pink Sheet'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 Cannagrow Holdings market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Cannagrow'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.CannaGrow Holdings, Inc. develops, designs, and builds grow facilities for legal cannabis industry in the State of Colorado. CannaGrow Holdings, Inc. is based in Greenwood Village, Colorado. Cannagrow Holdings operates under Specialty Business Services classification in the United States and is traded on OTC Exchange. It employs 5 people.Things to note about Cannagrow Holdings performance evaluation
Checking the ongoing alerts about Cannagrow Holdings for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Cannagrow Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cannagrow Holdings is way too risky over 90 days horizon | |
| Cannagrow Holdings has some characteristics of a very speculative penny stock | |
| Cannagrow Holdings appears to be risky and price may revert if volatility continues | |
| Cannagrow Holdings has a very high chance of going through financial distress in the upcoming years | |
| The company currently holds 722.06 K in liabilities. Cannagrow Holdings has a current ratio of 0.1, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Cannagrow Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Cannagrow Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cannagrow Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cannagrow to invest in growth at high rates of return. When we think about Cannagrow Holdings' use of debt, we should always consider it together with cash and equity. | |
| Cannagrow Holdings currently holds about 26.39 K in cash with (408.27 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
- Analyzing Cannagrow Holdings' 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 Cannagrow Holdings' stock is overvalued or undervalued compared to its peers.
- Examining Cannagrow Holdings' 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 Cannagrow Holdings' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cannagrow Holdings' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cannagrow Holdings' pink sheet. These opinions can provide insight into Cannagrow Holdings' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cannagrow Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Cannagrow Pink Sheet analysis
When running Cannagrow Holdings' price analysis, check to measure Cannagrow Holdings' 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 Cannagrow Holdings is operating at the current time. Most of Cannagrow Holdings' value examination focuses on studying past and present price action to predict the probability of Cannagrow Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cannagrow Holdings' price. Additionally, you may evaluate how the addition of Cannagrow Holdings to your portfolios can decrease your overall portfolio volatility.
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