IM Cannabis Corp Performance
The company owns a Beta (Systematic Risk) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and IM Cannabis are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days IM Cannabis Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, IM Cannabis is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Quick Ratio | 3.80 | |
| Fifty Two Week Low | 1.75 | |
| Fifty Two Week High | 8.39 |
IMCND |
IM Cannabis Relative Risk vs. Return Landscape
If you would invest (100.00) in IM Cannabis Corp on October 10, 2024 and sell it today you would earn a total of 100.00 from holding IM Cannabis Corp or generate -100.0% return on investment over 90 days. IM Cannabis Corp is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than IMCND, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
IM Cannabis Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IM Cannabis' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as IM Cannabis Corp, and traders can use it to determine the average amount a IM Cannabis' 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 = 0.0
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Based on monthly moving average IM Cannabis 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 IM Cannabis by adding IM Cannabis to a well-diversified portfolio.
IM Cannabis Fundamentals Growth
IMCND Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of IM Cannabis, and IM Cannabis 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 IMCND Pink Sheet performance.
| Return On Equity | -40.26 | |||
| Return On Asset | -10.14 | |||
| Profit Margin | (53.95) % | |||
| Current Valuation | 314.74 M | |||
| Shares Outstanding | 39.66 M | |||
| Debt To Equity | 0.03 % | |||
Things to note about IM Cannabis Corp performance evaluation
Checking the ongoing alerts about IM Cannabis for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for IM Cannabis Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| IM Cannabis Corp is not yet fully synchronised with the market data | |
| IM Cannabis Corp has some characteristics of a very speculative penny stock | |
| IM Cannabis Corp has a very high chance of going through financial distress in the upcoming years |
- Analyzing IM Cannabis' 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 IM Cannabis' stock is overvalued or undervalued compared to its peers.
- Examining IM Cannabis' 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 IM Cannabis' management team can have a significant impact on its success or failure. Reviewing the track record and experience of IM Cannabis' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of IM Cannabis' pink sheet. These opinions can provide insight into IM Cannabis' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Other Consideration for investing in IMCND Pink Sheet
If you are still planning to invest in IM Cannabis Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the IM Cannabis' history and understand the potential risks before investing.
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