Cannagistics Stock Performance
| CNGT Stock | USD 0.0001 0.00 0.00% |
The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Cannagistics are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Cannagistics has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable technical and fundamental indicators, Cannagistics is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Begin Period Cash Flow | 685.00 |
Cannagistics |
Cannagistics Relative Risk vs. Return Landscape
If you would invest 0.01 in Cannagistics on September 3, 2024 and sell it today you would earn a total of 0.00 from holding Cannagistics or generate 0.0% return on investment over 90 days. Cannagistics 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 pink sheets are less volatile than Cannagistics, 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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Cannagistics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cannagistics' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Cannagistics, and traders can use it to determine the average amount a Cannagistics' 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 Cannagistics 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 Cannagistics by adding Cannagistics to a well-diversified portfolio.
Cannagistics Fundamentals Growth
Cannagistics Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Cannagistics, and Cannagistics 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 Cannagistics Pink Sheet performance.
| Return On Asset | -13.57 | |||
| Current Valuation | 4.7 M | |||
| Shares Outstanding | 296.34 M | |||
| Price To Sales | 0.26 X | |||
| EBITDA | (1.63 M) | |||
| Cash And Equivalents | 104 | |||
| Total Debt | 4.4 M | |||
| Book Value Per Share | (0.03) X | |||
| Cash Flow From Operations | (548.04 K) | |||
| Earnings Per Share | (0.09) X | |||
| Total Asset | 45.01 K | |||
About Cannagistics Performance
Assessing Cannagistics' fundamental ratios provides investors with valuable insights into Cannagistics' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Cannagistics is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Cannagistics, Inc. develops, markets, and sells OTC, pharmaceutical, nutraceutical, cosmetic, and health and wellness products. Cannagistics, Inc. was incorporated in 2004 and is based in Hauppauge, New York. Cannagistics operates under Shell Companies classification in the United States and is traded on OTC Exchange. It employs 1 people.Things to note about Cannagistics performance evaluation
Checking the ongoing alerts about Cannagistics for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Cannagistics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cannagistics generated a negative expected return over the last 90 days | |
| Cannagistics has some characteristics of a very speculative penny stock | |
| Cannagistics has high likelihood to experience some financial distress in the next 2 years | |
| Cannagistics currently holds 4.4 M in liabilities. Cannagistics has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Cannagistics until it has trouble settling it off, either with new capital or with free cash flow. So, Cannagistics' 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 Cannagistics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cannagistics to invest in growth at high rates of return. When we think about Cannagistics' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.39 M) with profit before overhead, payroll, taxes, and interest of 179.5 K. | |
| Cannagistics currently holds about 104 in cash with (548.04 K) of positive cash flow from operations. |
- Analyzing Cannagistics' 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 Cannagistics' stock is overvalued or undervalued compared to its peers.
- Examining Cannagistics' 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 Cannagistics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cannagistics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cannagistics' pink sheet. These opinions can provide insight into Cannagistics' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Cannagistics Pink Sheet Analysis
When running Cannagistics' price analysis, check to measure Cannagistics' 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 Cannagistics is operating at the current time. Most of Cannagistics' value examination focuses on studying past and present price action to predict the probability of Cannagistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cannagistics' price. Additionally, you may evaluate how the addition of Cannagistics to your portfolios can decrease your overall portfolio volatility.