Location Based Techs Stock Performance
| LBAS Stock | USD 0 0.0003 9.68% |
Location Based holds a performance score of 7 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -1.51, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Location Based are expected to decrease by larger amounts. On the other hand, during market turmoil, Location Based is expected to outperform it. Use Location Based Techs jensen alpha and the relationship between the value at risk and day typical price , to analyze future returns on Location Based Techs.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Location Based Techs are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively unfluctuating basic indicators, Location Based unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| Total Cashflows From Investing Activities | -69.2 K |
Location |
Location Based Relative Risk vs. Return Landscape
If you would invest 0.26 in Location Based Techs on January 25, 2024 and sell it today you would earn a total of 0.02 from holding Location Based Techs or generate 7.69% return on investment over 90 days. Location Based Techs is currently generating 1.9694% in daily expected returns and assumes 19.9057% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Location, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Location Based Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Location Based's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Location Based Techs, and traders can use it to determine the average amount a Location Based'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 = 0.0989
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| Average Returns | LBAS | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 19.91 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.97 actual daily | 39 61% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Location Based is performing at about 7% 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 Location Based by adding it to a well-diversified portfolio.
Location Based Fundamentals Growth
Location Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Location Based, and Location Based 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 Location Pink Sheet performance.
| Return On Asset | -0.6 | |||
| Profit Margin | (2.02) % | |||
| Operating Margin | (1.14) % | |||
| Current Valuation | 12.51 M | |||
| Shares Outstanding | 277.53 M | |||
| Price To Earning | (0.17) X | |||
| Price To Sales | 1.05 X | |||
| Revenue | 1.7 M | |||
| EBITDA | (2.16 M) | |||
| Cash And Equivalents | 236.99 K | |||
| Total Debt | 4 M | |||
| Debt To Equity | 1.62 % | |||
| Book Value Per Share | (0.04) X | |||
| Cash Flow From Operations | (2.65 M) | |||
| Earnings Per Share | (0.02) X | |||
| Total Asset | 2.33 M | |||
| Retained Earnings | (64.04 M) | |||
| Current Asset | 1.13 M | |||
| Current Liabilities | 13.05 M | |||
About Location Based Performance
To evaluate Location Based Techs 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 Location Based 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 Location 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 Location Based Techs market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Location'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.Location Based Technologies, Inc. designs, develops, and sells commercial and consumer wearable global positioning system tracking solutions based on worldwide GSM network. It markets and sells its commercial products to smallmidsize businesses, enterprise businesses, and governmental organizations that need to track vehicles, mobile equipment, portable assets, and workers through online retailers, as well as through its pocketfinder.com Website. Location Based operates under Scientific Technical Instruments classification in the United States and is traded on OTC Exchange. It employs 16 people.Things to note about Location Based Techs performance evaluation
Checking the ongoing alerts about Location Based for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Location Based Techs help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Location Based Techs is way too risky over 90 days horizon | |
| Location Based Techs has some characteristics of a very speculative penny stock | |
| Location Based Techs appears to be risky and price may revert if volatility continues | |
| Location Based Techs has high likelihood to experience some financial distress in the next 2 years | |
| The company currently holds 4 M in liabilities with Debt to Equity (D/E) ratio of 1.62, which is about average as compared to similar companies. Location Based Techs has a current ratio of 0.09, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Location Based until it has trouble settling it off, either with new capital or with free cash flow. So, Location Based's 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 Location Based Techs sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Location to invest in growth at high rates of return. When we think about Location Based's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 1.7 M. Net Loss for the year was (5.15 M) with profit before overhead, payroll, taxes, and interest of 194.51 K. | |
| Location Based Techs currently holds about 236.99 K in cash with (2.65 M) of positive cash flow from operations. |
- Analyzing Location Based'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 Location Based's stock is overvalued or undervalued compared to its peers.
- Examining Location Based'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 Location Based's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Location Based's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Location Based's pink sheet. These opinions can provide insight into Location Based's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Location Based Techs. 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 Location Based Techs information on this page should be used as a complementary analysis to other Location Based'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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Location Pink Sheet analysis
When running Location Based's price analysis, check to measure Location Based'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 Location Based is operating at the current time. Most of Location Based's value examination focuses on studying past and present price action to predict the probability of Location Based's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Location Based's price. Additionally, you may evaluate how the addition of Location Based to your portfolios can decrease your overall portfolio volatility.
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