Code Chain New Performance
| CCNCDelisted Stock | USD 3.91 0.06 1.56% |
The firm shows a Beta (market volatility) of -1.51, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Code Chain are expected to decrease by larger amounts. On the other hand, during market turmoil, Code Chain is expected to outperform it. Code Chain New right now shows a risk of 0.0%. Please confirm Code Chain New treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if Code Chain New will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Code Chain New has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Code Chain is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Begin Period Cash Flow | 998.7 K | |
| Total Cashflows From Investing Activities | -1.3 M |
Code |
Code Chain Relative Risk vs. Return Landscape
If you would invest 391.00 in Code Chain New on January 26, 2024 and sell it today you would earn a total of 0.00 from holding Code Chain New or generate 0.0% return on investment over 90 days. Code Chain New is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Code, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Code Chain Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Code Chain's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Code Chain New, and traders can use it to determine the average amount a Code Chain'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 = 0.0
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Based on monthly moving average Code Chain is not performing at its full potential. However, 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 Code Chain by adding Code Chain to a well-diversified portfolio.
Code Chain Fundamentals Growth
Code Stock prices reflect investors' perceptions of the future prospects and financial health of Code Chain, and Code Chain 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 Code Stock performance.
| Return On Equity | -0.4 | |||
| Return On Asset | 0.14 | |||
| Profit Margin | (0.73) % | |||
| Operating Margin | 0.29 % | |||
| Current Valuation | 5.23 M | |||
| Shares Outstanding | 1.84 M | |||
| Price To Earning | 3.29 X | |||
| Price To Book | 0.47 X | |||
| Price To Sales | 0.18 X | |||
| Revenue | 25.03 M | |||
| EBITDA | (24.38 M) | |||
| Cash And Equivalents | 13.28 M | |||
| Cash Per Share | 0.29 X | |||
| Total Debt | 12.63 K | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 5.85 X | |||
| Cash Flow From Operations | (5.51 M) | |||
| Earnings Per Share | 0.07 X | |||
| Total Asset | 50.54 M | |||
| Retained Earnings | (1.6 M) | |||
| Current Asset | 13 M | |||
| Current Liabilities | 15.9 M | |||
About Code Chain Performance
To evaluate Code Chain New Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Code Chain 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 Code Stock'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 Code Chain New market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Code'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.Code Chain New Continent Limited, through its subsidiaries, focuses on research, development, and application of Internet of Things and electronic token digital door signs. The company also offers Wuge Manor, a game that combines Internet of Things and e-commerce based on code chain platform that provides players with access to vendors and business owners in approximately 100 cities in China. Code Chain operates under Electronic Gaming Multimedia classification in the United States and is traded on NASDAQ Exchange. It employs 56 people.Things to note about Code Chain New performance evaluation
Checking the ongoing alerts about Code Chain for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Code Chain New help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Code Chain New is not yet fully synchronised with the market data | |
| Code Chain New has a very high chance of going through financial distress in the upcoming years | |
| The company currently holds 12.63 K in liabilities with Debt to Equity (D/E) ratio of 0.0, which may suggest the company is not taking enough advantage from borrowing. Code Chain New has a current ratio of 0.96, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Code Chain until it has trouble settling it off, either with new capital or with free cash flow. So, Code Chain'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 Code Chain New sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Code to invest in growth at high rates of return. When we think about Code Chain's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 25.03 M. Net Loss for the year was (26.97 M) with profit before overhead, payroll, taxes, and interest of 8.25 M. | |
| Code Chain New currently holds about 13.28 M in cash with (5.51 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.29. | |
| Roughly 47.0% of Code Chain shares are held by company insiders |
- Analyzing Code Chain'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 Code Chain's stock is overvalued or undervalued compared to its peers.
- Examining Code Chain'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 Code Chain's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Code Chain's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Code Chain's stock. These opinions can provide insight into Code Chain's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Other Consideration for investing in Code Stock
If you are still planning to invest in Code Chain New check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Code Chain's history and understand the potential risks before investing.
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