Red Light Holland Stock Performance
| TRUFF Stock | USD 0.03 0 3.13% |
On a scale of 0 to 100, Red Light holds a performance score of 4. The company holds a Beta of 1.74, which implies 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, Red Light will likely underperform. Please check Red Light's semi variance, day typical price, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Red Light's historical price patterns will revert.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Red Light Holland are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite nearly unfluctuating technical and fundamental indicators, Red Light reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 31.2 M | |
| Total Cashflows From Investing Activities | -582.7 K | |
| Free Cash Flow | -5.3 M |
Red |
Red Light Relative Risk vs. Return Landscape
If you would invest 3.00 in Red Light Holland on August 25, 2024 and sell it today you would earn a total of 0.30 from holding Red Light Holland or generate 10.0% return on investment over 90 days. Red Light Holland is currently producing 0.4008% returns and takes up 7.1659% volatility of returns over 90 trading days. Put another way, 63% of traded otc stocks are less volatile than Red, and 93% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Red Light Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Red Light's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Red Light Holland, and traders can use it to determine the average amount a Red Light'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 = 0.0559
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Estimated Market Risk
| 7.17 actual daily | 63 63% of assets are less volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Red Light is performing at about 4% 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 Red Light by adding it to a well-diversified portfolio.
Red Light Fundamentals Growth
Red OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Red Light, and Red Light 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 Red OTC Stock performance.
| Return On Equity | -0.36 | |||
| Return On Asset | -0.12 | |||
| Operating Margin | (2.53) % | |||
| Current Valuation | 9.6 M | |||
| Shares Outstanding | 376.97 M | |||
| Price To Book | 1.18 X | |||
| Price To Sales | 7.82 X | |||
| Revenue | 2.33 M | |||
| EBITDA | (14.37 M) | |||
| Cash And Equivalents | 23.32 M | |||
| Cash Per Share | 0.06 X | |||
| Total Debt | 1.54 M | |||
| Debt To Equity | 0.05 % | |||
| Book Value Per Share | 0.07 X | |||
| Cash Flow From Operations | (4.88 M) | |||
| Earnings Per Share | (0.02) X | |||
| Total Asset | 32.94 M | |||
About Red Light Performance
By analyzing Red Light's fundamental ratios, stakeholders can gain valuable insights into Red Light's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Red Light 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 Red Light has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Red Light Holland Corp. engages in the production, cultivation, and sale of magic truffles to the recreational market in the Netherlands. The company sells its products under the iMicrodose and Maka brand name through 74 brick-and-mortar SmartShops, as well as through iMicrodose.nl and various other online stores across the Netherlands. Red Light operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange.Things to note about Red Light Holland performance evaluation
Checking the ongoing alerts about Red Light for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Red Light Holland help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Red Light Holland had very high historical volatility over the last 90 days | |
| Red Light Holland has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 2.33 M. Net Loss for the year was (14.37 M) with profit before overhead, payroll, taxes, and interest of 617.68 K. | |
| Red Light Holland has accumulated about 23.32 M in cash with (4.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Red Light'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 Red Light's stock is overvalued or undervalued compared to its peers.
- Examining Red Light'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 Red Light's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Red Light's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Red Light's otc stock. These opinions can provide insight into Red Light's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Red OTC Stock analysis
When running Red Light's price analysis, check to measure Red Light'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 Red Light is operating at the current time. Most of Red Light's value examination focuses on studying past and present price action to predict the probability of Red Light's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Light's price. Additionally, you may evaluate how the addition of Red Light to your portfolios can decrease your overall portfolio volatility.
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