Code Green Apparel Stock Performance
| CGAC Stock | USD 0.0003 0.0001 25.00% |
Code Green holds a performance score of 7 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -3.89, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Code Green are expected to decrease by larger amounts. On the other hand, during market turmoil, Code Green is expected to outperform it. Use Code Green jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to analyze future returns on Code Green.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Code Green Apparel are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, Code Green exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
| Total Cashflows From Investing Activities | -14.5 K |
Code |
Code Green Relative Risk vs. Return Landscape
If you would invest 0.08 in Code Green Apparel on March 21, 2024 and sell it today you would lose (0.05) from holding Code Green Apparel or give up 62.5% of portfolio value over 90 days. Code Green Apparel is currently generating 3.2059% in daily expected returns and assumes 31.3562% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Code, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Code Green Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Code Green's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Code Green Apparel, and traders can use it to determine the average amount a Code Green'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 = 0.1022
| Best Portfolio | Best Equity | |||
| Good Returns | CGAC | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 31.36 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.21 actual daily | 63 63% of assets have lower returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Code Green 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 Code Green by adding it to a well-diversified portfolio.
Code Green Fundamentals Growth
Code Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Code Green, and Code Green 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 Pink Sheet performance.
| Return On Asset | -3.76 | |||
| Operating Margin | (18.86) % | |||
| Current Valuation | 787.8 K | |||
| Shares Outstanding | 1.27 M | |||
| Price To Earning | (0.10) X | |||
| Price To Sales | 0.03 X | |||
| Revenue | 269.21 K | |||
| EBITDA | (1.4 M) | |||
| Cash And Equivalents | 32 | |||
| Book Value Per Share | (2.99) X | |||
| Cash Flow From Operations | (484.39 K) | |||
| Earnings Per Share | (5.45) X | |||
| Total Asset | 43.67 K | |||
| Retained Earnings | (11.63 M) | |||
| Current Asset | 265 K | |||
| Current Liabilities | 239 K | |||
About Code Green Performance
To evaluate Code Green Apparel 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 Code Green 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 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 Code Green Apparel 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 Green Apparel Corp. designs, manufactures, and distributes apparel products from eco-friendly and sustainable recycled textiles worldwide. Code Green Apparel Corp. was founded in 2007 and is based in Laguna Beach, California. Code Green operates under Apparel Manufacturing classification in the United States and is traded on OTC Exchange. It employs 2 people.Things to note about Code Green Apparel performance evaluation
Checking the ongoing alerts about Code Green for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Code Green Apparel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Code Green Apparel is way too risky over 90 days horizon | |
| Code Green Apparel has some characteristics of a very speculative penny stock | |
| Code Green Apparel appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 269.21 K. Net Loss for the year was (2.66 M) with loss before overhead, payroll, taxes, and interest of (3.15 K). | |
| Code Green Apparel currently holds about 32 in cash with (484.39 K) of positive cash flow from operations. |
- Analyzing Code Green'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 Green's stock is overvalued or undervalued compared to its peers.
- Examining Code Green'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 Green's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Code Green's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Code Green's pink sheet. These opinions can provide insight into Code Green's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Code Pink Sheet analysis
When running Code Green's price analysis, check to measure Code Green'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 Code Green is operating at the current time. Most of Code Green's value examination focuses on studying past and present price action to predict the probability of Code Green's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Code Green's price. Additionally, you may evaluate how the addition of Code Green to your portfolios can decrease your overall portfolio volatility.
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