SUPREME CANNABIS Performance

SPRWF -- USA Stock  

USD 0.67  0.0237  3.67%

The entity has beta of 1.3046 which indicates as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, SUPREME CANNABIS will likely underperform. Even though it is essential to pay attention to SUPREME CANNABIS INC current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. SUPREME CANNABIS INC exposes twenty-one different technical indicators which can help you to evaluate its performance. SUPREME CANNABIS INC has expected return of -0.5943%. Please be advised to validate SUPREME CANNABIS Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if SUPREME CANNABIS INC past performance will be repeated at some future point.
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Risk-Adjusted Performance

Over the last 30 days SUPREME CANNABIS INC has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's fundamental drivers remain rather sound which may send shares a bit higher in November 2019. The ongoing tumult may also be a sign of longer-term up-swing for the firm shareholders.
Quick Ratio2.40
Fifty Two Week Low0.6370
Fifty Two Week High1.7890
Horizon     30 Days    Login   to change

SUPREME CANNABIS INC Relative Risk vs. Return Landscape

If you would invest  108.00  in SUPREME CANNABIS INC on September 19, 2019 and sell it today you would lose (43.47)  from holding SUPREME CANNABIS INC or give up 40.25% of portfolio value over 30 days. SUPREME CANNABIS INC is currently producing negative expected returns and takes up 6.3502% volatility of returns over 30 trading days. Put another way, 56% of traded equities are less volatile than the company and 99% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, SUPREME CANNABIS is expected to under-perform the market. In addition to that, the company is 6.45 times more volatile than its market benchmark. It trades about -0.09 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.02 per unit of volatility.

SUPREME CANNABIS Market Risk Analysis

Sharpe Ratio = -0.0936
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SUPREME CANNABIS Relative Performance Indicators

Estimated Market Risk
 6.35
  actual daily
 
 56 %
of total potential
 
5656
Expected Return
 -0.59
  actual daily
 
 0 %
of total potential
 
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Risk-Adjusted Return
 -0.09
  actual daily
 
 0 %
of total potential
 
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Based on monthly moving average SUPREME CANNABIS is performing at about 0% 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 SUPREME CANNABIS by adding it to a well-diversified portfolio.

SUPREME CANNABIS Alerts

Equity Alerts and Improvement Suggestions

SUPREME CANNABIS INC generates negative expected return over the last 30 days
SUPREME CANNABIS INC has high historical volatility and very poor performance
SUPREME CANNABIS INC has some characteristics of a very speculative penny stock
The company reported revenue of 9.35 M. Net Loss for the year was (7.93 M) with profit before overhead, payroll, taxes, and interest of 36.85 M.
SUPREME RESOURCES has accumulated about 23.45 M in cash with (4.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08.
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