Choom Holdings Stock Performance
The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Choom Holdings are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Choom Holdings has generated negative risk-adjusted returns adding no value to investors with long positions. Despite uncertain performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 461.1 K | |
| Total Cashflows From Investing Activities | 923.9 K |
Choom |
Choom Holdings Relative Risk vs. Return Landscape
If you would invest 0.01 in Choom Holdings on August 26, 2024 and sell it today you would lose (0.01) from holding Choom Holdings or give up 100.0% of portfolio value over 90 days. Choom Holdings is currently producing negative expected returns and takes up 12.5% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Choom, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Choom Holdings Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Choom Holdings' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Choom Holdings, and traders can use it to determine the average amount a Choom Holdings' 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 = -0.125
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Estimated Market Risk
| 12.5 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.56 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Choom Holdings 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 Choom Holdings by adding Choom Holdings to a well-diversified portfolio.
Choom Holdings Fundamentals Growth
Choom Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Choom Holdings, and Choom Holdings 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 Choom Pink Sheet performance.
| Return On Equity | -3.7 | |||
| Return On Asset | -0.15 | |||
| Profit Margin | (0.85) % | |||
| Operating Margin | (0.35) % | |||
| Current Valuation | 14.09 M | |||
| Shares Outstanding | 466.97 M | |||
| Price To Book | 4.22 X | |||
| Price To Sales | 0.1 X | |||
| Revenue | 22.05 M | |||
| EBITDA | (10.8 M) | |||
| Cash And Equivalents | 684.63 K | |||
| Total Debt | 17.36 M | |||
| Debt To Equity | 7.59 % | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | 471.52 K | |||
| Earnings Per Share | (0.03) X | |||
| Total Asset | 26.21 M | |||
About Choom Holdings Performance
By analyzing Choom Holdings' fundamental ratios, stakeholders can gain valuable insights into Choom Holdings' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Choom Holdings 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 Choom Holdings has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Choom Holdings Inc., together with its subsidiaries, engages in the retail of cannabis. Choom Holdings Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada. Choom Holdings operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 40 people.Things to note about Choom Holdings performance evaluation
Checking the ongoing alerts about Choom Holdings for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Choom Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Choom Holdings generated a negative expected return over the last 90 days | |
| Choom Holdings has high historical volatility and very poor performance | |
| Choom Holdings has some characteristics of a very speculative penny stock | |
| Choom Holdings has high likelihood to experience some financial distress in the next 2 years | |
| Choom Holdings has accumulated 17.36 M in total debt with debt to equity ratio (D/E) of 7.59, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Choom Holdings has a current ratio of 0.27, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Choom Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Choom Holdings' 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 Choom Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Choom to invest in growth at high rates of return. When we think about Choom Holdings' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 22.05 M. Net Loss for the year was (21.62 M) with profit before overhead, payroll, taxes, and interest of 8.14 M. | |
| About 20.0% of Choom Holdings shares are held by company insiders |
- Analyzing Choom Holdings' 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 Choom Holdings' stock is overvalued or undervalued compared to its peers.
- Examining Choom Holdings' 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 Choom Holdings' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Choom Holdings' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Choom Holdings' pink sheet. These opinions can provide insight into Choom Holdings' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Choom Pink Sheet analysis
When running Choom Holdings' price analysis, check to measure Choom Holdings' 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 Choom Holdings is operating at the current time. Most of Choom Holdings' value examination focuses on studying past and present price action to predict the probability of Choom Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Choom Holdings' price. Additionally, you may evaluate how the addition of Choom Holdings to your portfolios can decrease your overall portfolio volatility.
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