Smart Cannabis Corp Stock Performance

SCNA Stock  USD 0.0003  0.0001  50.00%   
Smart Cannabis holds a performance score of 9 on a scale of zero to a hundred. The entity has a beta of 0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Smart Cannabis' returns are expected to increase less than the market. However, during the bear market, the loss of holding Smart Cannabis is expected to be smaller as well. Use Smart Cannabis Corp coefficient of variation, maximum drawdown, skewness, as well as the relationship between the total risk alpha and downside variance , to analyze future returns on Smart Cannabis Corp.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Smart Cannabis Corp are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite somewhat fragile basic indicators, Smart Cannabis sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
  

Smart Cannabis Relative Risk vs. Return Landscape

If you would invest  0.03  in Smart Cannabis Corp on September 30, 2025 and sell it today you would earn a total of  0.00  from holding Smart Cannabis Corp or generate 0.0% return on investment over 90 days. Smart Cannabis Corp is currently generating 3.1482% in daily expected returns and assumes 25.5287% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Smart, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
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Given the investment horizon of 90 days Smart Cannabis is expected to generate 35.84 times more return on investment than the market. However, the company is 35.84 times more volatile than its market benchmark. It trades about 0.12 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.11 per unit of risk.

Smart Cannabis Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Smart Cannabis' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Smart Cannabis Corp, and traders can use it to determine the average amount a Smart 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 = 0.1233

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Based on monthly moving average Smart Cannabis is performing at about 9% 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 Smart Cannabis by adding it to a well-diversified portfolio.

Smart Cannabis Fundamentals Growth

Smart Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Smart Cannabis, and Smart 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 Smart Pink Sheet performance.

About Smart Cannabis Performance

By analyzing Smart Cannabis' fundamental ratios, stakeholders can gain valuable insights into Smart Cannabis' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Smart 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 Smart Cannabis has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Smart Cannabis Corp. operates in the agriculture and cannabis industries. The company was founded in 2010 and is based in Loomis, California. SMART CANNABIS operates under Shell Companies classification in the United States and is traded on OTC Exchange.

Things to note about Smart Cannabis Corp performance evaluation

Checking the ongoing alerts about Smart Cannabis for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Smart Cannabis Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Smart Cannabis Corp is way too risky over 90 days horizon
Smart Cannabis Corp has some characteristics of a very speculative penny stock
Smart Cannabis Corp appears to be risky and price may revert if volatility continues
Smart Cannabis Corp currently holds 311.88 K in liabilities. Smart Cannabis Corp has a current ratio of 0.17, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Smart Cannabis until it has trouble settling it off, either with new capital or with free cash flow. So, Smart Cannabis' 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 Smart Cannabis Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Smart to invest in growth at high rates of return. When we think about Smart Cannabis' use of debt, we should always consider it together with cash and equity.
The entity reported the previous year's revenue of 3.14 M. Net Loss for the year was (1.53 M) with profit before overhead, payroll, taxes, and interest of 42.78 K.
Evaluating Smart Cannabis' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Smart Cannabis' pink sheet performance include:
  • Analyzing Smart 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 Smart Cannabis' stock is overvalued or undervalued compared to its peers.
  • Examining Smart 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 Smart Cannabis' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Smart Cannabis' management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Smart Cannabis' pink sheet. These opinions can provide insight into Smart Cannabis' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Smart Cannabis' pink sheet performance is not an exact science, and many factors can impact Smart Cannabis' pink sheet market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Complementary Tools for Smart Pink Sheet analysis

When running Smart Cannabis' price analysis, check to measure Smart Cannabis' 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 Smart Cannabis is operating at the current time. Most of Smart Cannabis' value examination focuses on studying past and present price action to predict the probability of Smart Cannabis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smart Cannabis' price. Additionally, you may evaluate how the addition of Smart Cannabis to your portfolios can decrease your overall portfolio volatility.
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