Evio Inc Stock Performance
| EVIO Stock | USD 0.0001 0.00 0.00% |
EVIO holds a performance score of 30 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and EVIO are completely uncorrelated. Use EVIO relative strength index , to analyze future returns on EVIO.
Risk-Adjusted Performance
30 of 100
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Strong
Compared to the overall equity markets, risk-adjusted returns on investments in EVIO Inc are ranked lower than 30 (%) of all global equities and portfolios over the last 90 days. In spite of very conflicting forward indicators, EVIO displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 110.3 K | |
| Total Cashflows From Investing Activities | -8000.00 |
EVIO |
EVIO Relative Risk vs. Return Landscape
If you would invest 0.00 in EVIO Inc on August 29, 2024 and sell it today you would earn a total of 0.01 from holding EVIO Inc or generate 9.223372036854776E16% return on investment over 90 days. EVIO Inc is currently generating 144.4444% in daily expected returns and assumes 376.2196% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than EVIO, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
EVIO Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for EVIO's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as EVIO Inc, and traders can use it to determine the average amount a EVIO'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 = 0.3839
| Best Portfolio | Best Equity | EVIO | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 376.22 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.38 actual daily | 30 70% of assets perform better |
Based on monthly moving average EVIO is performing at about 30% 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 EVIO by adding it to a well-diversified portfolio.
EVIO Fundamentals Growth
EVIO Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of EVIO, and EVIO 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 EVIO Pink Sheet performance.
| Return On Asset | -0.36 | |||
| Profit Margin | (0.41) % | |||
| Operating Margin | (1.60) % | |||
| Current Valuation | 268.89 K | |||
| Shares Outstanding | 2.69 B | |||
| Price To Sales | 0.11 X | |||
| Revenue | 2.36 M | |||
| EBITDA | (2.9 M) | |||
| Cash And Equivalents | 71.4 K | |||
| Total Debt | 13.24 M | |||
| Debt To Equity | 431.50 % | |||
| Book Value Per Share | (0) X | |||
| Cash Flow From Operations | 129 K | |||
| Earnings Per Share | (0) X | |||
About EVIO Performance
By examining EVIO's fundamental ratios, stakeholders can obtain critical insights into EVIO'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 EVIO 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.
EVIO, Inc., together with its subsidiaries, provides analytical testing and advisory services to cannabis industry in the United States. It also offers various testing services comprise cannabinoid potency testing, terpene analysis, pesticide testing, residual solvent screening, visual inspections, biological contaminant testing, and other services. Evio operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 18 people.Things to note about EVIO Inc performance evaluation
Checking the ongoing alerts about EVIO for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for EVIO Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| EVIO Inc is way too risky over 90 days horizon | |
| EVIO Inc has some characteristics of a very speculative penny stock | |
| EVIO Inc appears to be risky and price may revert if volatility continues | |
| EVIO Inc has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| EVIO Inc currently holds 13.24 M in liabilities with Debt to Equity (D/E) ratio of 431.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. EVIO Inc has a current ratio of 0.04, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist EVIO until it has trouble settling it off, either with new capital or with free cash flow. So, EVIO's 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 EVIO Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for EVIO to invest in growth at high rates of return. When we think about EVIO's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 2.36 M. Net Loss for the year was (965 K) with profit before overhead, payroll, taxes, and interest of 1.21 M. |
- Analyzing EVIO'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 EVIO's stock is overvalued or undervalued compared to its peers.
- Examining EVIO'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 EVIO's management team can have a significant impact on its success or failure. Reviewing the track record and experience of EVIO's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of EVIO's pink sheet. These opinions can provide insight into EVIO's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in EVIO Pink Sheet
EVIO financial ratios help investors to determine whether EVIO Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in EVIO with respect to the benefits of owning EVIO security.