Ascend Wellness Holdings Stock Performance
| AAWH Stock | USD 0.37 0.03 7.50% |
The firm shows a Beta (market volatility) of -1.28, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Ascend Wellness are expected to decrease by larger amounts. On the other hand, during market turmoil, Ascend Wellness is expected to outperform it. At this point, Ascend Wellness Holdings has a negative expected return of -1.32%. Please make sure to confirm Ascend Wellness' standard deviation and the relationship between the treynor ratio and day median price , to decide if Ascend Wellness Holdings performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Ascend Wellness Holdings has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain fairly strong which may send shares a bit higher in December 2024. The recent confusion may also be a sign of long-lasting up-swing for the firm traders. ...more
| Begin Period Cash Flow | 58.1 M | |
| Total Cashflows From Investing Activities | -113.2 M |
Ascend |
Ascend Wellness Relative Risk vs. Return Landscape
If you would invest 93.00 in Ascend Wellness Holdings on August 28, 2024 and sell it today you would lose (56.00) from holding Ascend Wellness Holdings or give up 60.22% of portfolio value over 90 days. Ascend Wellness Holdings is currently does not generate positive expected returns and assumes 5.1731% risk (volatility on return distribution) over the 90 days horizon. In different words, 46% of otc stocks are less volatile than Ascend, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Ascend Wellness Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ascend Wellness' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Ascend Wellness Holdings, and traders can use it to determine the average amount a Ascend Wellness' 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 = -0.2543
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AAWH |
Estimated Market Risk
| 5.17 actual daily | 46 54% of assets are more volatile |
Expected Return
| -1.32 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.25 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ascend Wellness 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 Ascend Wellness by adding Ascend Wellness to a well-diversified portfolio.
Ascend Wellness Fundamentals Growth
Ascend OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Ascend Wellness, and Ascend Wellness 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 Ascend OTC Stock performance.
| Return On Equity | -0.46 | |||
| Return On Asset | -0.0066 | |||
| Profit Margin | (0.22) % | |||
| Operating Margin | (0.02) % | |||
| Current Valuation | 739.85 M | |||
| Shares Outstanding | 188.52 M | |||
| Price To Book | 1.65 X | |||
| Price To Sales | 0.59 X | |||
| Revenue | 332.38 M | |||
| EBITDA | 6.63 M | |||
| Cash And Equivalents | 145.22 M | |||
| Cash Per Share | 0.77 X | |||
| Total Debt | 230.85 M | |||
| Debt To Equity | 2.81 % | |||
| Book Value Per Share | 0.93 X | |||
| Cash Flow From Operations | (41.74 M) | |||
| Earnings Per Share | (0.62) X | |||
| Total Asset | 723.44 M | |||
About Ascend Wellness Performance
By evaluating Ascend Wellness' fundamental ratios, stakeholders can gain valuable insights into Ascend Wellness' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ascend Wellness 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 Ascend Wellness has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Ascend Wellness Holdings, Inc. engages in the cultivation, manufacture, and distribution of cannabis consumer packaged goods. The company was incorporated in 2018 and is headquartered in New York, New York. Ascend Wellness operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 1800 people.Things to note about Ascend Wellness Holdings performance evaluation
Checking the ongoing alerts about Ascend Wellness for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Ascend Wellness Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ascend Wellness generated a negative expected return over the last 90 days | |
| Ascend Wellness has high historical volatility and very poor performance | |
| Ascend Wellness has some characteristics of a very speculative penny stock | |
| Ascend Wellness has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 332.38 M. Net Loss for the year was (122.66 M) with profit before overhead, payroll, taxes, and interest of 135.97 M. | |
| Ascend Wellness Holdings currently holds about 145.22 M in cash with (41.74 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.77, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 19.0% of the company shares are held by company insiders |
- Analyzing Ascend Wellness' 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 Ascend Wellness' stock is overvalued or undervalued compared to its peers.
- Examining Ascend Wellness' 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 Ascend Wellness' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ascend Wellness' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Ascend Wellness' otc stock. These opinions can provide insight into Ascend Wellness' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Ascend OTC Stock analysis
When running Ascend Wellness' price analysis, check to measure Ascend Wellness' 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 Ascend Wellness is operating at the current time. Most of Ascend Wellness' value examination focuses on studying past and present price action to predict the probability of Ascend Wellness' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ascend Wellness' price. Additionally, you may evaluate how the addition of Ascend Wellness to your portfolios can decrease your overall portfolio volatility.
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |