Bynd Cannasoft Enterprises Stock Performance
| BCAN Stock | USD 8.22 0.22 2.75% |
The firm shows a Beta (market volatility) of 0.0994, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BYND Cannasoft's returns are expected to increase less than the market. However, during the bear market, the loss of holding BYND Cannasoft is expected to be smaller as well. At this point, BYND Cannasoft Enter has a negative expected return of -0.0515%. Please make sure to confirm BYND Cannasoft's maximum drawdown, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if BYND Cannasoft Enter performance from the past will be repeated at future time.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days BYND Cannasoft Enterprises has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, BYND Cannasoft is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
Actual Historical Performance (%)
One Day Return (0.99) | Five Day Return (1.60) | Year To Date Return (99.28) | Ten Year Return (99.95) | All Time Return (99.95) |
Last Split Factor 1:17 | Last Split Date 2024-08-26 |
1 | BYND Cannasoft Enterprises announces reverse split - MSN | 09/11/2024 |
2 | Flora Growth Corp. Appoints Harold Wolkin to Board of Directors Clifford Starke Named Chairman | 09/12/2024 |
3 | Stock Traders Purchase Large Volume of Call Options on Beyond Meat - MarketBeat | 09/20/2024 |
4 | Femto Technologies reports Q3 results | 11/14/2024 |
| Begin Period Cash Flow | 2.4 M |
BYND |
BYND Cannasoft Relative Risk vs. Return Landscape
If you would invest 854.00 in BYND Cannasoft Enterprises on August 30, 2024 and sell it today you would lose (32.00) from holding BYND Cannasoft Enterprises or give up 3.75% of portfolio value over 90 days. BYND Cannasoft Enterprises is currently does not generate positive expected returns and assumes 1.2847% risk (volatility on return distribution) over the 90 days horizon. In different words, 11% of stocks are less volatile than BYND, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
BYND Cannasoft Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BYND Cannasoft's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as BYND Cannasoft Enterprises, and traders can use it to determine the average amount a BYND Cannasoft'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 = -0.0401
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BCAN |
Estimated Market Risk
| 1.28 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BYND Cannasoft 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 BYND Cannasoft by adding BYND Cannasoft to a well-diversified portfolio.
BYND Cannasoft Fundamentals Growth
BYND Stock prices reflect investors' perceptions of the future prospects and financial health of BYND Cannasoft, and BYND Cannasoft 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 BYND Stock performance.
| Return On Equity | -1.69 | ||||
| Return On Asset | -0.14 | ||||
| Operating Margin | (12.34) % | ||||
| Current Valuation | 1.11 M | ||||
| Shares Outstanding | 655.37 K | ||||
| Price To Earning | 146.50 X | ||||
| Price To Book | 2.52 X | ||||
| Price To Sales | 4.68 X | ||||
| Revenue | 1.08 M | ||||
| Gross Profit | 623.14 K | ||||
| EBITDA | (5.16 M) | ||||
| Net Income | (18.5 M) | ||||
| Cash And Equivalents | 4.03 M | ||||
| Cash Per Share | 0.14 X | ||||
| Total Debt | 85.11 K | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 11.10 X | ||||
| Book Value Per Share | 2,644 X | ||||
| Cash Flow From Operations | (3.47 M) | ||||
| Earnings Per Share | (966.77) X | ||||
| Market Capitalization | 5.24 M | ||||
| Total Asset | 36.8 M | ||||
| Retained Earnings | (25.31 M) | ||||
| Working Capital | 2.44 M | ||||
About BYND Cannasoft Performance
By examining BYND Cannasoft's fundamental ratios, stakeholders can obtain critical insights into BYND Cannasoft's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that BYND Cannasoft is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | (89.03) | (84.58) | |
| Return On Tangible Assets | (5.54) | (5.26) | |
| Return On Capital Employed | (0.14) | (0.15) | |
| Return On Assets | (0.50) | (0.53) | |
| Return On Equity | (0.53) | (0.50) |
Things to note about BYND Cannasoft Enter performance evaluation
Checking the ongoing alerts about BYND Cannasoft for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for BYND Cannasoft Enter help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| BYND Cannasoft Enter generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 1.08 M. Net Loss for the year was (18.5 M) with profit before overhead, payroll, taxes, and interest of 623.14 K. | |
| BYND Cannasoft Enterprises currently holds about 4.03 M in cash with (3.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14. | |
| BYND Cannasoft Enter has a frail financial position based on the latest SEC disclosures | |
| Roughly 30.0% of the company shares are held by company insiders | |
| Latest headline from seekingalpha.com: Femto Technologies reports Q3 results |
- Analyzing BYND Cannasoft'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 BYND Cannasoft's stock is overvalued or undervalued compared to its peers.
- Examining BYND Cannasoft'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 BYND Cannasoft's management team can have a significant impact on its success or failure. Reviewing the track record and experience of BYND Cannasoft's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of BYND Cannasoft's stock. These opinions can provide insight into BYND Cannasoft'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, which includes a position in BYND Cannasoft Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BYND Cannasoft. If investors know BYND will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BYND Cannasoft listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (966.77) | Revenue Per Share 7.624 | Quarterly Revenue Growth 0.617 | Return On Assets (0.14) | Return On Equity (1.69) |
The market value of BYND Cannasoft Enter is measured differently than its book value, which is the value of BYND that is recorded on the company's balance sheet. Investors also form their own opinion of BYND Cannasoft's value that differs from its market value or its book value, called intrinsic value, which is BYND Cannasoft's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BYND Cannasoft's market value can be influenced by many factors that don't directly affect BYND Cannasoft's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BYND Cannasoft's value and its price as these two are different measures arrived at by different means. Investors typically determine if BYND Cannasoft is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BYND Cannasoft's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.