Transcanna Holdings Stock Performance
| TCNAF Stock | USD 0.0001 0.00 0.00% |
The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and TransCanna Holdings are completely uncorrelated.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days TransCanna Holdings has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, TransCanna Holdings is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 1.2 M | |
| Total Cashflows From Investing Activities | -2.1 M |
TransCanna |
TransCanna Holdings Relative Risk vs. Return Landscape
If you would invest 0.01 in TransCanna Holdings on September 1, 2024 and sell it today you would earn a total of 0.00 from holding TransCanna Holdings or generate 0.0% return on investment over 90 days. TransCanna 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 TransCanna, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
TransCanna Holdings Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TransCanna Holdings' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as TransCanna Holdings, and traders can use it to determine the average amount a TransCanna Holdings' 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
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| TCNAF |
Based on monthly moving average TransCanna Holdings 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 TransCanna Holdings by adding TransCanna Holdings to a well-diversified portfolio.
TransCanna Holdings Fundamentals Growth
TransCanna Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of TransCanna Holdings, and TransCanna Holdings 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 TransCanna Pink Sheet performance.
| Return On Equity | -2.48 | |||
| Return On Asset | -0.22 | |||
| Operating Margin | (2.78) % | |||
| Current Valuation | 16.58 M | |||
| Shares Outstanding | 119.74 M | |||
| Price To Book | 2.04 X | |||
| Price To Sales | 0.79 X | |||
| Revenue | 4 M | |||
| EBITDA | (10.03 M) | |||
| Cash And Equivalents | 94.89 K | |||
| Total Debt | 2.36 M | |||
| Debt To Equity | 7.75 % | |||
| Book Value Per Share | 0.03 X | |||
| Cash Flow From Operations | (6.06 M) | |||
| Earnings Per Share | (0.13) X | |||
| Total Asset | 25.64 M | |||
About TransCanna Holdings Performance
By analyzing TransCanna Holdings' fundamental ratios, stakeholders can gain valuable insights into TransCanna Holdings' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if TransCanna Holdings 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 TransCanna Holdings has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
TransCanna Holdings Inc., through its subsidiaries, engages in the management of transportation and distribution services to the cannabis industry in the United States. The company was incorporated in 2017 and is headquartered in West Vancouver, Canada. Transcanna Holdings is traded on OTC Exchange in the United States.Things to note about TransCanna Holdings performance evaluation
Checking the ongoing alerts about TransCanna Holdings for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for TransCanna Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| TransCanna Holdings generated a negative expected return over the last 90 days | |
| TransCanna Holdings has some characteristics of a very speculative penny stock | |
| TransCanna Holdings has high likelihood to experience some financial distress in the next 2 years | |
| TransCanna Holdings has accumulated 2.36 M in total debt with debt to equity ratio (D/E) of 7.75, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. TransCanna Holdings has a current ratio of 0.07, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist TransCanna Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, TransCanna Holdings' 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 TransCanna Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TransCanna to invest in growth at high rates of return. When we think about TransCanna Holdings' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 4 M. Net Loss for the year was (13.09 M) with loss before overhead, payroll, taxes, and interest of (995.65 K). | |
| TransCanna Holdings has accumulated about 94.89 K in cash with (6.06 M) of positive cash flow from operations. | |
| Roughly 14.0% of TransCanna Holdings outstanding shares are owned by corporate insiders |
- Analyzing TransCanna Holdings' 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 TransCanna Holdings' stock is overvalued or undervalued compared to its peers.
- Examining TransCanna Holdings' 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 TransCanna Holdings' management team can have a significant impact on its success or failure. Reviewing the track record and experience of TransCanna Holdings' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of TransCanna Holdings' pink sheet. These opinions can provide insight into TransCanna Holdings' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for TransCanna Pink Sheet analysis
When running TransCanna Holdings' price analysis, check to measure TransCanna Holdings' 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 TransCanna Holdings is operating at the current time. Most of TransCanna Holdings' value examination focuses on studying past and present price action to predict the probability of TransCanna Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TransCanna Holdings' price. Additionally, you may evaluate how the addition of TransCanna Holdings to your portfolios can decrease your overall portfolio volatility.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |