Heritage Cannabis Holdings Performance
| HERTFDelisted Stock | USD 0 0.00 0.00% |
The company retains a Market Volatility (i.e., Beta) of 5.09, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Heritage Cannabis will likely underperform. Heritage Cannabis right now retains a risk of 0.0%. Please check out Heritage Cannabis jensen alpha, value at risk, as well as the relationship between the Value At Risk and skewness , to decide if Heritage Cannabis will be following its current trending patterns.
Risk-Adjusted Performance
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Over the last 90 days Heritage Cannabis Holdings has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Heritage Cannabis is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 1.4 M | |
| Total Cashflows From Investing Activities | 4.5 M |
Heritage |
Heritage Cannabis Relative Risk vs. Return Landscape
If you would invest 0.14 in Heritage Cannabis Holdings on September 3, 2024 and sell it today you would earn a total of 0.00 from holding Heritage Cannabis Holdings or generate 0.0% return on investment over 90 days. Heritage Cannabis Holdings is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than Heritage, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Heritage Cannabis Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Heritage Cannabis' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Heritage Cannabis Holdings, and traders can use it to determine the average amount a Heritage Cannabis' 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 Heritage Cannabis 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 Heritage Cannabis by adding Heritage Cannabis to a well-diversified portfolio.
Heritage Cannabis Fundamentals Growth
Heritage Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Heritage Cannabis, and Heritage Cannabis 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 Heritage Pink Sheet performance.
| Return On Equity | -0.49 | |||
| Return On Asset | -0.0523 | |||
| Profit Margin | (1.52) % | |||
| Operating Margin | (0.38) % | |||
| Current Valuation | 21.6 M | |||
| Shares Outstanding | 916.21 M | |||
| Price To Book | 0.43 X | |||
| Price To Sales | 0.70 X | |||
| Revenue | 14.06 M | |||
| EBITDA | (53.27 M) | |||
| Cash And Equivalents | 6.05 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 10.84 M | |||
| Debt To Equity | 0.19 % | |||
| Book Value Per Share | 0.07 X | |||
| Cash Flow From Operations | (20.13 M) | |||
| Earnings Per Share | (0.05) X | |||
| Total Asset | 97.79 M | |||
About Heritage Cannabis Performance
By analyzing Heritage Cannabis' fundamental ratios, stakeholders can gain valuable insights into Heritage Cannabis' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Heritage Cannabis 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 Heritage Cannabis has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Heritage Cannabis Holdings Corp., through its subsidiaries, operates as a cannabinoid company in Canada and the United States. Heritage Cannabis Holdings Corp. was incorporated in 2007 and is headquartered in Toronto, Canada. Heritage Cannabis is traded on OTC Exchange in the United States.Things to note about Heritage Cannabis performance evaluation
Checking the ongoing alerts about Heritage Cannabis for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Heritage Cannabis help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Heritage Cannabis is not yet fully synchronised with the market data | |
| Heritage Cannabis has some characteristics of a very speculative penny stock | |
| Heritage Cannabis has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 14.06 M. Net Loss for the year was (57.45 M) with profit before overhead, payroll, taxes, and interest of 53 K. | |
| Heritage Cannabis Holdings has accumulated about 6.05 M in cash with (20.13 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Heritage Cannabis' 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 Heritage Cannabis' stock is overvalued or undervalued compared to its peers.
- Examining Heritage Cannabis' 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 Heritage Cannabis' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Heritage Cannabis' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Heritage Cannabis' pink sheet. These opinions can provide insight into Heritage Cannabis' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Other Consideration for investing in Heritage Pink Sheet
If you are still planning to invest in Heritage Cannabis check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Heritage Cannabis' history and understand the potential risks before investing.
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