Hemp Inc Stock Performance
Hemp holds a performance score of 4 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -0.82, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Hemp are expected to decrease at a much lower rate. During the bear market, Hemp is likely to outperform the market. Use Hemp Inc variance and potential upside , to analyze future returns on Hemp Inc.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Hemp Inc are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Even with relatively weak primary indicators, Hemp reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Other Cashflows From Financing Activities | -750.00 | |
| Total Cashflows From Investing Activities | 305.5 K |
Hemp |
Hemp Relative Risk vs. Return Landscape
If you would invest 0.01 in Hemp Inc on January 20, 2024 and sell it today you would lose (0.01) from holding Hemp Inc or give up 100.0% of portfolio value over 90 days. Hemp Inc is currently generating 1.6129% in daily expected returns and assumes 31.3203% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Hemp, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Hemp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hemp's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Hemp Inc, and traders can use it to determine the average amount a Hemp'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 = 0.0515
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | HEMP | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 31.32 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.61 actual daily | 31 69% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Hemp is performing at about 4% 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 Hemp by adding it to a well-diversified portfolio.
Hemp Fundamentals Growth
Hemp Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Hemp, and Hemp 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 Hemp Pink Sheet performance.
| Return On Equity | -0.74 | |||
| Return On Asset | -0.0558 | |||
| Operating Margin | (34.40) % | |||
| Current Valuation | 58.4 M | |||
| Shares Outstanding | 17.66 B | |||
| Price To Earning | (2.32) X | |||
| Price To Sales | 53.18 X | |||
| Revenue | 116.22 K | |||
| Cash And Equivalents | 115.74 K | |||
| Total Debt | 30.22 M | |||
| Debt To Equity | 2.18 % | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (15.14 M) | |||
| Earnings Per Share | (0) X | |||
| Total Asset | 7.32 M | |||
| Retained Earnings | (31.97 M) | |||
| Current Asset | 1.12 M | |||
| Current Liabilities | 173 K | |||
About Hemp Performance
To evaluate Hemp Inc 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 Hemp 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 Hemp 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 Hemp Inc market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Hemp'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.Its products include the King of Hemp pre-roll blends, fortified pre-rolls Bubba Kush hemp caviarmoon rocks and diamonds and crumbles. Hemp, Inc. was incorporated in 2008 and is based in Las Vegas, Nevada. Marijuana operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange.Things to note about Hemp Inc performance evaluation
Checking the ongoing alerts about Hemp for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Hemp Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hemp Inc is way too risky over 90 days horizon | |
| Hemp Inc has some characteristics of a very speculative penny stock | |
| Hemp Inc appears to be risky and price may revert if volatility continues | |
| Hemp Inc has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 116.22 K. Net Loss for the year was (25.36 M) with profit before overhead, payroll, taxes, and interest of 20.45 K. | |
| Hemp Inc currently holds about 115.74 K in cash with (15.14 M) of positive cash flow from operations. |
- Analyzing Hemp'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 Hemp's stock is overvalued or undervalued compared to its peers.
- Examining Hemp'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 Hemp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hemp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hemp's pink sheet. These opinions can provide insight into Hemp'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 Hemp Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Hemp Pink Sheet analysis
When running Hemp's price analysis, check to measure Hemp'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 Hemp is operating at the current time. Most of Hemp's value examination focuses on studying past and present price action to predict the probability of Hemp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hemp's price. Additionally, you may evaluate how the addition of Hemp to your portfolios can decrease your overall portfolio volatility.
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