Xtra Bitcoin Stock Performance
| CBTC Stock | USD 0 0.0002 11.76% |
On a scale of 0 to 100, XTRA Bitcoin holds a performance score of 5. The firm maintains a market beta of 2.07, which attests to 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, XTRA Bitcoin will likely underperform. Please check XTRA Bitcoin's sortino ratio, semi variance, rate of daily change, as well as the relationship between the value at risk and kurtosis , to make a quick decision on whether XTRA Bitcoin's historical returns will revert.
Risk-Adjusted Performance
5 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in XTRA Bitcoin are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of rather weak basic indicators, XTRA Bitcoin exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
| Total Cashflows From Investing Activities | -101.7 K |
XTRA |
XTRA Bitcoin Relative Risk vs. Return Landscape
If you would invest 0.13 in XTRA Bitcoin on August 26, 2024 and sell it today you would earn a total of 0.02 from holding XTRA Bitcoin or generate 15.38% return on investment over 90 days. XTRA Bitcoin is currently generating 0.846% in daily expected returns and assumes 11.4706% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than XTRA, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
XTRA Bitcoin Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for XTRA Bitcoin's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as XTRA Bitcoin, and traders can use it to determine the average amount a XTRA Bitcoin'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 = 0.0738
| Best Portfolio | Best Equity | |||
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| Small Returns | CBTC | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 11.47 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.85 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average XTRA Bitcoin is performing at about 5% 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 XTRA Bitcoin by adding it to a well-diversified portfolio.
XTRA Bitcoin Fundamentals Growth
XTRA Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of XTRA Bitcoin, and XTRA Bitcoin 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 XTRA Pink Sheet performance.
| Return On Asset | -0.21 | |||
| Operating Margin | (3.70) % | |||
| Current Valuation | 206.94 K | |||
| Shares Outstanding | 1.17 M | |||
| Price To Earning | 19.07 X | |||
| Price To Sales | 7.78 X | |||
| Revenue | 62.51 K | |||
| EBITDA | (389.97 K) | |||
| Cash And Equivalents | 37 | |||
| Total Debt | 621.56 K | |||
| Cash Flow From Operations | (6.56 K) | |||
About XTRA Bitcoin Performance
By analyzing XTRA Bitcoin's fundamental ratios, stakeholders can gain valuable insights into XTRA Bitcoin's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if XTRA Bitcoin 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 XTRA Bitcoin has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The company was formerly known as Therapy Cells, Inc. and changed its name to XTRA Bitcoin Inc. in October 2019. Xtra Bitcoin operates under Capital Markets classification in the United States and is traded on OTC Exchange. It employs 1 people.Things to note about XTRA Bitcoin performance evaluation
Checking the ongoing alerts about XTRA Bitcoin for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for XTRA Bitcoin help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| XTRA Bitcoin is way too risky over 90 days horizon | |
| XTRA Bitcoin has some characteristics of a very speculative penny stock | |
| XTRA Bitcoin appears to be risky and price may revert if volatility continues | |
| XTRA Bitcoin has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 62.51 K. Net Loss for the year was (217.61 K) with profit before overhead, payroll, taxes, and interest of 3.89 K. | |
| XTRA Bitcoin currently holds about 37 in cash with (6.56 K) of positive cash flow from operations. |
- Analyzing XTRA Bitcoin'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 XTRA Bitcoin's stock is overvalued or undervalued compared to its peers.
- Examining XTRA Bitcoin'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 XTRA Bitcoin's management team can have a significant impact on its success or failure. Reviewing the track record and experience of XTRA Bitcoin's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of XTRA Bitcoin's pink sheet. These opinions can provide insight into XTRA Bitcoin's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for XTRA Pink Sheet analysis
When running XTRA Bitcoin's price analysis, check to measure XTRA Bitcoin'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 XTRA Bitcoin is operating at the current time. Most of XTRA Bitcoin's value examination focuses on studying past and present price action to predict the probability of XTRA Bitcoin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XTRA Bitcoin's price. Additionally, you may evaluate how the addition of XTRA Bitcoin to your portfolios can decrease your overall portfolio volatility.
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