1606 Corp Stock Performance
| CBDW Stock | 0.01 0 9.09% |
On a scale of 0 to 100, 1606 Corp holds a performance score of 2. The firm owns a Beta (Systematic Risk) of -3.65, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning 1606 Corp are expected to decrease by larger amounts. On the other hand, during market turmoil, 1606 Corp is expected to outperform it. Please check 1606 Corp's coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether 1606 Corp's current price history will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in 1606 Corp are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of fairly inconsistent fundamental indicators, 1606 Corp showed solid returns over the last few months and may actually be approaching a breakup point. ...more
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1606 Corp Relative Risk vs. Return Landscape
If you would invest 2.00 in 1606 Corp on August 28, 2024 and sell it today you would lose (0.80) from holding 1606 Corp or give up 40.0% of portfolio value over 90 days. 1606 Corp is currently generating 0.7492% in daily expected returns and assumes 20.307% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than 1606, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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1606 Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 1606 Corp's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as 1606 Corp, and traders can use it to determine the average amount a 1606 Corp'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 = 0.0369
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 20.31 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.75 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average 1606 Corp is performing at about 2% 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 1606 Corp by adding it to a well-diversified portfolio.
1606 Corp Fundamentals Growth
1606 Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of 1606 Corp, and 1606 Corp 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 1606 Pink Sheet performance.
| Return On Asset | -3.83 | |||
| Operating Margin | (23.33) % | |||
| Revenue | 20.72 K | |||
| Book Value Per Share | (0.02) X |
About 1606 Corp Performance
Evaluating 1606 Corp's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if 1606 Corp 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 1606 Corp 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.
Things to note about 1606 Corp performance evaluation
Checking the ongoing alerts about 1606 Corp for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for 1606 Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 1606 Corp is way too risky over 90 days horizon | |
| 1606 Corp has some characteristics of a very speculative penny stock | |
| 1606 Corp appears to be risky and price may revert if volatility continues | |
| 1606 Corp has high likelihood to experience some financial distress in the next 2 years |
- Analyzing 1606 Corp'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 1606 Corp's stock is overvalued or undervalued compared to its peers.
- Examining 1606 Corp'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 1606 Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of 1606 Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of 1606 Corp's pink sheet. These opinions can provide insight into 1606 Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for 1606 Pink Sheet Analysis
When running 1606 Corp's price analysis, check to measure 1606 Corp'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 1606 Corp is operating at the current time. Most of 1606 Corp's value examination focuses on studying past and present price action to predict the probability of 1606 Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 1606 Corp's price. Additionally, you may evaluate how the addition of 1606 Corp to your portfolios can decrease your overall portfolio volatility.