Cannabis Global Stock Performance
Cannabis Global holds a performance score of 22 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.31, which signifies 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, Cannabis Global will likely underperform. Use Cannabis Global variance and skewness , to analyze future returns on Cannabis Global.
Risk-Adjusted Performance
22 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Cannabis Global are ranked lower than 22 (%) of all global equities and portfolios over the last 90 days. Despite quite uncertain technical and fundamental indicators, Cannabis Global disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 2338.00 | |
| Total Cashflows From Investing Activities | -7311.00 |
Cannabis |
Cannabis Global Relative Risk vs. Return Landscape
If you would invest 0.01 in Cannabis Global on August 29, 2024 and sell it today you would lose (0.01) from holding Cannabis Global or give up 100.0% of portfolio value over 90 days. Cannabis Global is currently generating 84.9206% in daily expected returns and assumes 301.2922% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Cannabis, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Cannabis Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cannabis Global's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Cannabis Global, and traders can use it to determine the average amount a Cannabis Global'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 = 0.2819
| Best Portfolio | Best Equity | CBGL | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 301.29 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.28 actual daily | 22 78% of assets perform better |
Based on monthly moving average Cannabis Global is performing at about 22% 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 Cannabis Global by adding it to a well-diversified portfolio.
Cannabis Global Fundamentals Growth
Cannabis Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Cannabis Global, and Cannabis Global 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 Cannabis Pink Sheet performance.
| Return On Equity | -0.67 | |||
| Return On Asset | -0.1 | |||
| Profit Margin | (1.21) % | |||
| Operating Margin | (0.85) % | |||
| Current Valuation | 4.21 M | |||
| Shares Outstanding | 568.21 M | |||
| Price To Book | 0.07 X | |||
| Price To Sales | 0.09 X | |||
| Revenue | 1.6 M | |||
| EBITDA | (313.23 K) | |||
| Cash And Equivalents | 253.37 K | |||
| Total Debt | 672.79 K | |||
| Debt To Equity | 0.56 % | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (1.47 M) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 11.34 M | |||
About Cannabis Global Performance
By examining Cannabis Global's fundamental ratios, stakeholders can obtain critical insights into Cannabis Global's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Cannabis Global is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Cannabis Global, Inc. focuses on the creating and commercialization of engineered technologies to deliver hemp extracts and cannabinoids to the human body. Cannabis Global, Inc. was incorporated in 2005 and is headquartered in Los Angeles, California. Cannabis Global operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 3 people.Things to note about Cannabis Global performance evaluation
Checking the ongoing alerts about Cannabis Global for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Cannabis Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cannabis Global is way too risky over 90 days horizon | |
| Cannabis Global has some characteristics of a very speculative penny stock | |
| Cannabis Global appears to be risky and price may revert if volatility continues | |
| Cannabis Global currently holds 672.79 K in liabilities with Debt to Equity (D/E) ratio of 0.56, which is about average as compared to similar companies. Cannabis Global has a current ratio of 0.21, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Cannabis Global until it has trouble settling it off, either with new capital or with free cash flow. So, Cannabis Global's 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 Cannabis Global sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cannabis to invest in growth at high rates of return. When we think about Cannabis Global's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 1.6 M. Net Loss for the year was (7.83 M) with profit before overhead, payroll, taxes, and interest of 184.26 K. | |
| Cannabis Global currently holds about 253.37 K in cash with (1.47 M) of positive cash flow from operations. |
- Analyzing Cannabis Global'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 Cannabis Global's stock is overvalued or undervalued compared to its peers.
- Examining Cannabis Global'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 Cannabis Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cannabis Global's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cannabis Global's pink sheet. These opinions can provide insight into Cannabis Global's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Cannabis Pink Sheet
Cannabis Global financial ratios help investors to determine whether Cannabis Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cannabis with respect to the benefits of owning Cannabis Global security.