Growgeneration Corp Stock Performance
| GRWG Stock | USD 1.86 0.01 0.54% |
The company retains a Market Volatility (i.e., Beta) of -0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning GrowGeneration Corp are expected to decrease at a much lower rate. During the bear market, GrowGeneration Corp is likely to outperform the market. At this point, GrowGeneration Corp has a negative expected return of -0.21%. Please make sure to check out GrowGeneration Corp's total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if GrowGeneration Corp 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 GrowGeneration Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite unfluctuating performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
1 | GrowGeneration Corp. Hedge Funds Are Bullish On This Vertical Farming And Hydroponic Stock - Yahoo Finance | 09/17/2024 |
2 | GrowGeneration to Participate in the Benzinga Cannabis Capital Conference on October 8 and 9, 2024 | 09/30/2024 |
3 | Acquisition by Stephen Kozey of 15000 shares of GrowGeneration Corp subject to Rule 16b-3 | 10/18/2024 |
4 | GrowGeneration investors are sitting on a loss of 90 percent if they invested three years ago | 10/24/2024 |
5 | Vanguard Group Incs Strategic Acquisition of GrowGeneration Corp Shares | 11/05/2024 |
6 | GrowGeneration to Host Webinar with MJ Biz Daily, Scaling Success Building a Profitable Cultivation Business, on November 12th | 11/06/2024 |
7 | GrowGeneration Reports Third Quarter 2024 Financial Results | 11/12/2024 |
8 | GrowGeneration Corp Q3 2024 Earnings Call Highlights Navigating Challenges with ... | 11/13/2024 |
9 | Acquisition by Darren Lampert of 57467 shares of GrowGeneration Corp at 1.75 subject to Rule 16b-3 | 11/19/2024 |
10 | GrowGeneration president Michael Salaman buys 101,748 in stock | 11/20/2024 |
| Begin Period Cash Flow | 40.1 M |
GrowGeneration |
GrowGeneration Corp Relative Risk vs. Return Landscape
If you would invest 223.00 in GrowGeneration Corp on August 25, 2024 and sell it today you would lose (37.00) from holding GrowGeneration Corp or give up 16.59% of portfolio value over 90 days. GrowGeneration Corp is currently does not generate positive expected returns and assumes 3.8336% risk (volatility on return distribution) over the 90 days horizon. In different words, 34% of stocks are less volatile than GrowGeneration, 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 |
GrowGeneration Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for GrowGeneration Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as GrowGeneration Corp, and traders can use it to determine the average amount a GrowGeneration Corp'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 = -0.0543
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| Negative Returns | GRWG |
Estimated Market Risk
| 3.83 actual daily | 34 66% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average GrowGeneration Corp 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 GrowGeneration Corp by adding GrowGeneration Corp to a well-diversified portfolio.
GrowGeneration Corp Fundamentals Growth
GrowGeneration Stock prices reflect investors' perceptions of the future prospects and financial health of GrowGeneration Corp, and GrowGeneration Corp 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 GrowGeneration Stock performance.
| Return On Equity | -0.31 | ||||
| Return On Asset | -0.0969 | ||||
| Profit Margin | (0.27) % | ||||
| Operating Margin | (0.17) % | ||||
| Current Valuation | 89.38 M | ||||
| Shares Outstanding | 59.24 M | ||||
| Price To Earning | 61.73 X | ||||
| Price To Book | 0.74 X | ||||
| Price To Sales | 0.55 X | ||||
| Revenue | 225.88 M | ||||
| Gross Profit | 70.26 M | ||||
| EBITDA | (29.76 M) | ||||
| Net Income | (46.5 M) | ||||
| Cash And Equivalents | 65.59 M | ||||
| Cash Per Share | 1.08 X | ||||
| Total Debt | 42.47 M | ||||
| Debt To Equity | 0.21 % | ||||
| Current Ratio | 4.80 X | ||||
| Book Value Per Share | 2.42 X | ||||
| Cash Flow From Operations | 1.42 M | ||||
| Earnings Per Share | (0.88) X | ||||
| Market Capitalization | 109.6 M | ||||
| Total Asset | 239.09 M | ||||
| Retained Earnings | (200.1 M) | ||||
| Working Capital | 116.52 M | ||||
| Current Asset | 6.73 M | ||||
| Current Liabilities | 1.18 M | ||||
About GrowGeneration Corp Performance
By analyzing GrowGeneration Corp's fundamental ratios, stakeholders can gain valuable insights into GrowGeneration Corp's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if GrowGeneration Corp has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if GrowGeneration Corp has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 143.91 | 162.73 | |
| Return On Tangible Assets | (0.22) | (0.23) | |
| Return On Capital Employed | (0.24) | (0.25) | |
| Return On Assets | (0.19) | (0.20) | |
| Return On Equity | (0.27) | (0.28) |
Things to note about GrowGeneration Corp performance evaluation
Checking the ongoing alerts about GrowGeneration Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for GrowGeneration Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| GrowGeneration Corp generated a negative expected return over the last 90 days | |
| GrowGeneration Corp may become a speculative penny stock | |
| GrowGeneration Corp has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 225.88 M. Net Loss for the year was (46.5 M) with profit before overhead, payroll, taxes, and interest of 70.26 M. | |
| Latest headline from investing.com: GrowGeneration president Michael Salaman buys 101,748 in stock |
- Analyzing GrowGeneration Corp'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 GrowGeneration Corp's stock is overvalued or undervalued compared to its peers.
- Examining GrowGeneration Corp'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 GrowGeneration Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of GrowGeneration Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of GrowGeneration Corp's stock. These opinions can provide insight into GrowGeneration Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for GrowGeneration Stock analysis
When running GrowGeneration Corp's price analysis, check to measure GrowGeneration Corp's 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 GrowGeneration Corp is operating at the current time. Most of GrowGeneration Corp's value examination focuses on studying past and present price action to predict the probability of GrowGeneration Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GrowGeneration Corp's price. Additionally, you may evaluate how the addition of GrowGeneration Corp to your portfolios can decrease your overall portfolio volatility.
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