Cannabis Strategic Ventures Stock Performance
| NUGS Stock | USD 0.0001 0.00 0.00% |
Cannabis Strategic holds a performance score of 24 on a scale of zero to a hundred. 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 Cannabis Strategic are completely uncorrelated. Use Cannabis Strategic rate of daily change , to analyze future returns on Cannabis Strategic.
Risk-Adjusted Performance
24 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Cannabis Strategic Ventures are ranked lower than 24 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain technical and fundamental indicators, Cannabis Strategic unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 488.5 K | |
| Total Cashflows From Investing Activities | -819.6 K |
Cannabis |
Cannabis Strategic Relative Risk vs. Return Landscape
If you would invest 0.01 in Cannabis Strategic Ventures on August 25, 2024 and sell it today you would earn a total of 0.00 from holding Cannabis Strategic Ventures or generate 0.0% return on investment over 90 days. Cannabis Strategic Ventures is currently generating 96.9231% in daily expected returns and assumes 317.6915% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Cannabis, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Cannabis Strategic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cannabis Strategic's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Cannabis Strategic Ventures, and traders can use it to determine the average amount a Cannabis Strategic'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 = 0.3051
| Best Portfolio | Best Equity | NUGS | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 317.69 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
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average Cannabis Strategic is performing at about 24% 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 Cannabis Strategic by adding it to a well-diversified portfolio.
Cannabis Strategic Fundamentals Growth
Cannabis Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Cannabis Strategic, and Cannabis Strategic 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 Cannabis Pink Sheet performance.
| Return On Asset | -0.2 | |||
| Profit Margin | (0.39) % | |||
| Operating Margin | (0.36) % | |||
| Current Valuation | 25.44 M | |||
| Shares Outstanding | 268.88 M | |||
| Price To Book | 113.91 X | |||
| Price To Sales | 0.26 X | |||
| Revenue | 14.6 M | |||
| EBITDA | (4.93 M) | |||
| Cash And Equivalents | 402.8 K | |||
| Total Debt | 21.67 M | |||
| Book Value Per Share | (0.03) X | |||
| Cash Flow From Operations | (4.09 M) | |||
| Earnings Per Share | (0.02) X | |||
About Cannabis Strategic Performance
Assessing Cannabis Strategic's fundamental ratios provides investors with valuable insights into Cannabis Strategic's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Cannabis Strategic 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.
Cannabis Strategic Ventures engages in the cultivation of marijuana products in the United States. It incubates, develops, and partners within the cannabis and ancillary sectors. CANNABIS STRATEGIC operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 30 people.Things to note about Cannabis Strategic performance evaluation
Checking the ongoing alerts about Cannabis Strategic for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Cannabis Strategic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cannabis Strategic is way too risky over 90 days horizon | |
| Cannabis Strategic has some characteristics of a very speculative penny stock | |
| Cannabis Strategic appears to be risky and price may revert if volatility continues | |
| Cannabis Strategic Ventures currently holds 21.67 M in liabilities. Cannabis Strategic has a current ratio of 0.21, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Cannabis Strategic until it has trouble settling it off, either with new capital or with free cash flow. So, Cannabis Strategic'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 Cannabis Strategic sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cannabis to invest in growth at high rates of return. When we think about Cannabis Strategic's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 14.6 M. Net Loss for the year was (5.64 M) with profit before overhead, payroll, taxes, and interest of 2.78 M. | |
| Cannabis Strategic Ventures currently holds about 402.8 K in cash with (4.09 M) of positive cash flow from operations. |
- Analyzing Cannabis Strategic'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 Cannabis Strategic's stock is overvalued or undervalued compared to its peers.
- Examining Cannabis Strategic'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 Cannabis Strategic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cannabis Strategic's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cannabis Strategic's pink sheet. These opinions can provide insight into Cannabis Strategic's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Cannabis Pink Sheet Analysis
When running Cannabis Strategic's price analysis, check to measure Cannabis Strategic'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 Cannabis Strategic is operating at the current time. Most of Cannabis Strategic's value examination focuses on studying past and present price action to predict the probability of Cannabis Strategic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cannabis Strategic's price. Additionally, you may evaluate how the addition of Cannabis Strategic to your portfolios can decrease your overall portfolio volatility.