Earthworks Industries Stock Performance
| EWK Stock | CAD 0.20 0.01 4.76% |
The firm shows a Beta (market volatility) of -1.07, which means a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Earthworks Industries are expected to decrease slowly. On the other hand, during market turmoil, Earthworks Industries is expected to outperform it slightly. Earthworks Industries has an expected return of -0.81%. Please make sure to confirm Earthworks Industries potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Earthworks Industries performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Earthworks Industries has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in May 2024. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
1 | EARTHWORKS EARNS SPOT ON 2024 TSX VENTURE 50 LIST - Canada NewsWire | 02/21/2024 |
2 | Closing Bell Earthworks Industries Inc down on Monday - Barchart | 03/18/2024 |
3 | Closing Bell Earthworks Industries Inc flat on Wednesday - The Globe and Mail | 04/02/2024 |
4 | EARTHWORKS AND NORTH BAY SIGN PAYMENT DATE EXTENSION - Canada NewsWire | 04/12/2024 |
| Begin Period Cash Flow | 209.2 K |
Earthworks |
Earthworks Industries Relative Risk vs. Return Landscape
If you would invest 40.00 in Earthworks Industries on January 24, 2024 and sell it today you would lose (20.00) from holding Earthworks Industries or give up 50.0% of portfolio value over 90 days. Earthworks Industries is currently producing negative expected returns and takes up 7.8499% volatility of returns over 90 trading days. Put another way, 69% of traded stocks are less volatile than Earthworks, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Earthworks Industries Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Earthworks Industries' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Earthworks Industries, and traders can use it to determine the average amount a Earthworks Industries' 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 = -0.1034
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| Negative Returns | EWK |
Estimated Market Risk
| 7.85 actual daily | 69 69% of assets are less volatile |
Expected Return
| -0.81 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Earthworks Industries 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 Earthworks Industries by adding Earthworks Industries to a well-diversified portfolio.
Earthworks Industries Fundamentals Growth
Earthworks Stock prices reflect investors' perceptions of the future prospects and financial health of Earthworks Industries, and Earthworks Industries 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 Earthworks Stock performance.
| Return On Equity | 0.45 | ||||
| Return On Asset | -0.0407 | ||||
| Current Valuation | 24.56 M | ||||
| Shares Outstanding | 110.3 M | ||||
| Price To Earning | (6.90) X | ||||
| Price To Book | 2.97 X | ||||
| EBITDA | (869.85 K) | ||||
| Net Income | 2.27 M | ||||
| Cash And Equivalents | 120.29 K | ||||
| Total Debt | 3.96 M | ||||
| Debt To Equity | 293.40 % | ||||
| Current Ratio | 0.10 X | ||||
| Book Value Per Share | 0.07 X | ||||
| Cash Flow From Operations | (1.26 M) | ||||
| Earnings Per Share | 0.02 X | ||||
| Market Capitalization | 21.51 M | ||||
| Total Asset | 13.09 M | ||||
| Retained Earnings | (24.24 M) | ||||
| Working Capital | (3.21 M) | ||||
About Earthworks Industries Performance
To evaluate Earthworks Industries 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 Earthworks Industries 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 Earthworks 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 Earthworks Industries market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Earthworks'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.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.00 | 0.00 | |
| Return On Tangible Assets | 0.17 | 0.16 | |
| Return On Capital Employed | (0.09) | (0.09) | |
| Return On Assets | 0.17 | 0.16 | |
| Return On Equity | 0.34 | 0.36 |
Things to note about Earthworks Industries performance evaluation
Checking the ongoing alerts about Earthworks Industries for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Earthworks Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Earthworks Industries generated a negative expected return over the last 90 days | |
| Earthworks Industries has high historical volatility and very poor performance | |
| Earthworks Industries has some characteristics of a very speculative penny stock | |
| Earthworks Industries has high likelihood to experience some financial distress in the next 2 years | |
| Earthworks Industries has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has accumulated 3.96 M in total debt with debt to equity ratio (D/E) of 293.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Earthworks Industries has a current ratio of 0.1, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Earthworks Industries until it has trouble settling it off, either with new capital or with free cash flow. So, Earthworks Industries' 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 Earthworks Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Earthworks to invest in growth at high rates of return. When we think about Earthworks Industries' use of debt, we should always consider it together with cash and equity. | |
| Earthworks Industries has accumulated about 120.29 K in cash with (1.26 M) of positive cash flow from operations. | |
| Roughly 24.0% of Earthworks Industries shares are held by company insiders | |
| Latest headline from news.google.com: EARTHWORKS AND NORTH BAY SIGN PAYMENT DATE EXTENSION - Canada NewsWire |
- Analyzing Earthworks Industries' 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 Earthworks Industries' stock is overvalued or undervalued compared to its peers.
- Examining Earthworks Industries' 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 Earthworks Industries' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Earthworks Industries' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Earthworks Industries' stock. These opinions can provide insight into Earthworks Industries' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Earthworks Industries. 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Earthworks Stock analysis
When running Earthworks Industries' price analysis, check to measure Earthworks Industries' 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 Earthworks Industries is operating at the current time. Most of Earthworks Industries' value examination focuses on studying past and present price action to predict the probability of Earthworks Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Earthworks Industries' price. Additionally, you may evaluate how the addition of Earthworks Industries to your portfolios can decrease your overall portfolio volatility.
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