Cronos Group Stock Performance
| CRON Stock | CAD 2.94 0.01 0.34% |
The firm shows a Beta (market volatility) of -0.63, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Cronos are expected to decrease at a much lower rate. During the bear market, Cronos is likely to outperform the market. At this point, Cronos Group has a negative expected return of -0.0011%. Please make sure to confirm Cronos' total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Cronos Group 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 Cronos Group has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Cronos is not utilizing all of its potentials. The latest stock price disarray, may contribute to short-term losses for the investors. ...more
Last Split Factor 1:7 | Last Split Date 2014-12-17 |
1 | Cronos Group Inc. A Bull Case Theory - Insider Monkey | 11/20/2024 |
| Begin Period Cash Flow | 764.6 M |
Cronos |
Cronos Relative Risk vs. Return Landscape
If you would invest 303.00 in Cronos Group on August 30, 2024 and sell it today you would lose (9.00) from holding Cronos Group or give up 2.97% of portfolio value over 90 days. Cronos Group is generating negative expected returns and assumes 3.1426% volatility on return distribution over the 90 days horizon. Simply put, 27% of stocks are less volatile than Cronos, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Cronos Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cronos' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cronos Group, and traders can use it to determine the average amount a Cronos' 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 = -4.0E-4
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Estimated Market Risk
| 3.14 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cronos 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 Cronos by adding Cronos to a well-diversified portfolio.
Cronos Fundamentals Growth
Cronos Stock prices reflect investors' perceptions of the future prospects and financial health of Cronos, and Cronos 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 Cronos Stock performance.
| Return On Equity | -0.0529 | ||||
| Return On Asset | -0.0373 | ||||
| Profit Margin | (0.56) % | ||||
| Operating Margin | (0.54) % | ||||
| Current Valuation | (92.75 M) | ||||
| Shares Outstanding | 382.3 M | ||||
| Price To Earning | 20.66 X | ||||
| Price To Book | 0.73 X | ||||
| Price To Sales | 11.04 X | ||||
| Revenue | 87.24 M | ||||
| Gross Profit | 11.97 M | ||||
| EBITDA | (71.8 M) | ||||
| Net Income | (74.55 M) | ||||
| Cash And Equivalents | 764.64 M | ||||
| Cash Per Share | 3.34 X | ||||
| Total Debt | 2.55 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 4.36 X | ||||
| Book Value Per Share | 2.88 X | ||||
| Cash Flow From Operations | (42.84 M) | ||||
| Earnings Per Share | (0.17) X | ||||
| Market Capitalization | 1.12 B | ||||
| Total Asset | 1.14 B | ||||
| Retained Earnings | 416.72 M | ||||
| Working Capital | 891.91 M | ||||
About Cronos Performance
By examining Cronos' fundamental ratios, stakeholders can obtain critical insights into Cronos' 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 Cronos 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 | 147.75 | 155.14 | |
| Return On Tangible Assets | (0.07) | (0.06) | |
| Return On Capital Employed | (0.08) | (0.08) | |
| Return On Assets | (0.06) | (0.06) | |
| Return On Equity | (0.07) | (0.06) |
Things to note about Cronos Group performance evaluation
Checking the ongoing alerts about Cronos for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cronos Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cronos Group generated a negative expected return over the last 90 days | |
| Cronos Group has high historical volatility and very poor performance | |
| Cronos Group has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 87.24 M. Net Loss for the year was (74.55 M) with profit before overhead, payroll, taxes, and interest of 11.97 M. | |
| Cronos Group has accumulated about 764.64 M in cash with (42.84 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.34, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 46.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Cronos Group Inc. A Bull Case Theory - Insider Monkey |
- Analyzing Cronos' 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 Cronos' stock is overvalued or undervalued compared to its peers.
- Examining Cronos' 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 Cronos' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cronos' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cronos' stock. These opinions can provide insight into Cronos' 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 Cronos Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.