Medical Cannabis Pay Stock Performance
REFG Stock | USD 0.0007 0.0002 40.00% |
Medical Cannabis holds a performance score of 8 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -6.76, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Medical Cannabis are expected to decrease by larger amounts. On the other hand, during market turmoil, Medical Cannabis is expected to outperform it. Use Medical Cannabis Pay value at risk, kurtosis, and the relationship between the sortino ratio and semi variance , to analyze future returns on Medical Cannabis Pay.
Risk-Adjusted Performance
8 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Medical Cannabis Pay are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite nearly unsteady technical and fundamental indicators, Medical Cannabis reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Total Cashflows From Investing Activities | 25 K |
Medical |
Medical Cannabis Relative Risk vs. Return Landscape
If you would invest 0.05 in Medical Cannabis Pay on December 29, 2023 and sell it today you would earn a total of 0.02 from holding Medical Cannabis Pay or generate 40.0% return on investment over 90 days. Medical Cannabis Pay is currently generating 2.1741% in daily expected returns and assumes 19.0026% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Medical, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
Risk |
Medical Cannabis Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Medical Cannabis' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Medical Cannabis Pay, and traders can use it to determine the average amount a Medical Cannabis' 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 = 0.1144
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Estimated Market Risk
19.0 actual daily | 96 96% of assets are less volatile |
Expected Return
2.17 actual daily | 42 58% of assets have higher returns |
Risk-Adjusted Return
0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Medical Cannabis is performing at about 8% 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 Medical Cannabis by adding it to a well-diversified portfolio.
Medical Cannabis Fundamentals Growth
Medical Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Medical Cannabis, and Medical Cannabis 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 Medical Pink Sheet performance.
Return On Asset | -42.59 | |||
Current Valuation | 4.53 M | |||
Price To Earning | (10.30) X | |||
EBITDA | (4.19 M) | |||
Cash Flow From Operations | (302.56 K) | |||
Earnings Per Share | (0.01) X | |||
Total Asset | 52.7 K | |||
Retained Earnings | (975 K) | |||
Current Asset | 56 K | |||
About Medical Cannabis Performance
To evaluate Medical Cannabis Pay 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 Medical Cannabis 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 Medical 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 Medical Cannabis Pay market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Medical'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.Medical Cannabis Payment Solutions, Inc. develops and markets a payment system for medical cannabis transactions. The company was incorporated in 2013 and is based in Cheyenne, Wyoming. Refill Energy operates under Health Information Services classification in the United States and is traded on OTC Exchange. It employs 1 people.Things to note about Medical Cannabis Pay performance evaluation
Checking the ongoing alerts about Medical Cannabis for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Medical Cannabis Pay help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Medical Cannabis Pay is way too risky over 90 days horizon | |
Medical Cannabis Pay has some characteristics of a very speculative penny stock | |
Medical Cannabis Pay appears to be risky and price may revert if volatility continues | |
The company currently holds 230.35 K in liabilities. Medical Cannabis Pay 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 Medical Cannabis until it has trouble settling it off, either with new capital or with free cash flow. So, Medical Cannabis' 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 Medical Cannabis Pay sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Medical to invest in growth at high rates of return. When we think about Medical Cannabis' use of debt, we should always consider it together with cash and equity. | |
Net Loss for the year was (4.25 M) with profit before overhead, payroll, taxes, and interest of 0. | |
Medical Cannabis Pay currently holds about 27.7 K in cash with (302.56 K) of positive cash flow from operations. |
- Analyzing Medical Cannabis' 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 Medical Cannabis' stock is overvalued or undervalued compared to its peers.
- Examining Medical Cannabis' 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 Medical Cannabis' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Medical Cannabis' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Medical Cannabis' pink sheet. These opinions can provide insight into Medical Cannabis' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Medical Cannabis Pay. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Medical Cannabis Pay information on this page should be used as a complementary analysis to other Medical Cannabis' 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 Medical Pink Sheet analysis
When running Medical Cannabis' price analysis, check to measure Medical Cannabis' 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 Medical Cannabis is operating at the current time. Most of Medical Cannabis' value examination focuses on studying past and present price action to predict the probability of Medical Cannabis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medical Cannabis' price. Additionally, you may evaluate how the addition of Medical Cannabis to your portfolios can decrease your overall portfolio volatility.
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